Dubai-based flying taxi firm, Vimana, has reportedly completed a prototype trial of its autonomous aerial vehicle (AAV) in the emirate before its launch.
Toyota group firms to combine self-driving technologies
Four Toyota Motor Corp group firms including Denso and Aisin Seiki, plan to form a joint venture to combine their …
Alphabet’s Waymo sets up Shanghai subsidiary as part of China push
Alphabet Inc’s self-driving unit Waymo has established a subsidiary in Shanghai, according to a business registration filing, the latest indication …
Musk calls off plan to take Tesla private
Tesla chief Elon Musk cancelled his plan to take the firm private, just days after he tweeted about going public, which …
VMware results top industry estimates
VMware second-quarter profit and revenue beat analysts’ estimates on Thursday, helped by strong demand for its cloud-based software services, reported …
HP beats estimates, grows full-year adjusted profit forecast
Global technology firm HP has reported better quarterly results than anticipated and raised its full-year adjusted profit forecast, as it …
US SEC to review decision denying bitcoin ETF applications
The US Securities and Exchange Commission said that it will review a decision by its staff to block nine bitcoin-based …
Facebook, Twitter and Alphabet will no longer be technology firms
Following the biggest reorganisation of Wall Street’s industry classification system, chipmakers, cloud-computing sellers and also credit card payment firms will …
SEC rejects proposals for bitcoin exchange-trade funds
The US Securities and Exchange Commission (SEC) has rejected applications for nine bitcoin-based exchange-traded funds (ETF) from three separate companies, …
Apple to win EU approval for Shazam acquisition
Apple is about to be granted the unconditional EU antitrust approval for its planned acquisition of Shazam, a British music …