Daily Management Review
Science & Technology

Amazon gives up on Scout delivery robot

According to Bloomberg, American company Amazon is halting development of the Scout delivery robot after nearly three years of effort. Alisa Carroll, the company’s spokesperson, announced that the Scout development team is splitting up and finding new positions inside the company. "We attempted...

Nearly 40% of US companies attacked by hackers lose over $100K

According to a study by the computer security firm Atlas VPN, 37% of American businesses who become the targets of successful hacker attacks suffer losses of over $100,000 as a result of these attacks. The report's authors examined information from an annual Keeper Security poll in which 516...

Tesla sets to build lithium hydroxide plant

Tesla is exploring constructing a battery-grade lithium hydroxide factory in Texas, the first of its type in North America. Batteries for electric vehicles are made using lithium hydroxide, reports CNBC. The Office of the Texas Comptroller of the Currency received a request from Tesla to construct...

NASA expects to send a rocket to the moon in October

NASA Administrator Bill Nelson stated that the launch could be postponed until October due to repairs needed on the rocket from the lunar mission. A liquid hydrogen leak forced NASA to delay the relaunch of the Artemis 1 lunar mission. The rocket may need to be taken off the launch pad and...

LG, Honda to invest in U.S. electric vehicle batteries factories

LG and Honda have committed $4.4 billion to the US production of electric vehicle batteries. In a joint message, LG Energy Solution (LGES) and Honda Motor Co. announced their agreement to invest $4.4 billion in the American production of batteries for electric vehicles. LG Energy Solution (LGES)...

Indonesia Starts On-Road Testing Of Biodiesel That Has 40% Palm Oil

According to the energy ministry of Indonesia, the country has begun testing two types of biodiesel that contain 40 per cent palm oil in the hopes of determining by the end of the year whether they are suitable for use by the general population.   The highest compulsory mix in the world...

USA, UK defense companies set to develop anti-hypersonic defense systems

Both Raytheon Missiles & Defense in the USA and Cohort in the United Kingdom claim to be working on defenses against hypersonic missiles. The British and American army hire the corporations as contractors. According to Wes Kremer, CEO of Raytheon, there is just one project in the United States...

Apple sets for digital healthcare

Apple Inc. published a report detailing a strategy in the digital health markets: on the one hand, the company aims for integration with existing health systems and on the other hand, wants to engage customers through fitness and health-tracking capabilities. Apple presented a thorough summary of...

Hydrogen Booster Truck Model Launched By UK EV Startup Tevva

Tevva, a British commercial electric vehicle (EV) startup, debuted its first truck with a hydrogen fuel cell booster on Thursday, with a range of up to 310 miles (499 km) and a higher zero-emission range for fleet operators.   Tevva, based in Tilbury, England, has so far secured $140 million...

ExxonMobil CEO expects global shift to electric cars by 2040

According to ExxonMobil CEO Darren Woods, by the year 2040, every new vehicle sold worldwide will be electric. Every new passenger vehicle sold worldwide by 2040 will be an electric vehicle, told ExxonMobil CEO Darren Woods in an interview with CNBC. Nevertheless, according to data from Canalys,...
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