Fri01202017

LAST_UPDATEThu, 19 Jan 2017 11pm

Ex-Employee Sues Snapchat, Alleges It Misled Investors

Pic: ReutersA former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document.

Read more: Ex-Employee Sues Snapchat, Alleges It Misled Investors

BMW, Intel, Mobileye To Test 40 Driverless Cars In Second Half Of 2017

Pic: ReutersBMW's alliance with Intel and Mobileye aims to put a fleet of around 40 self-driving test vehicles on the road in the second half of this year, the companies said.

Read more: BMW, Intel, Mobileye To Test 40 Driverless Cars In Second Half Of 2017

Tesla Starts Battery Cell Production At Gigafactory

Pic: ReutersElectric car maker Tesla Motors Inc has started mass production of lithium-ion battery cells at its gigafactory in Nevada along with Japan's Panasonic Corp, the company said on Wednesday.

Read more: Tesla Starts Battery Cell Production At Gigafactory

Apple Confirms $1 Billion Investment In SoftBank Tech Fund

Pic: ReutersApple Inc confirmed on Wednesday its plans to invest $1 billion in a tech fund being set up by Japan's SoftBank Group Corp.

Read more: Apple Confirms $1 Billion Investment In SoftBank Tech Fund

Technology Used To Help Fight Truancy At School

PETALING JAYA: A school here has turned to technology to fight truancy and ensure punctually among students by making it compulsory for them to scan their fingerprints each time they came or left the school.

Read more: Technology Used To Help Fight Truancy At School

Maersk, Alibaba Team Up To Offer Online Booking Service For Ship Space

Pic: ReutersThe world's largest container shipping line Maersk has teamed up with Alibaba to allow shippers of goods to reserve space on its vessels through the Chinese e-commerce giant, in a move that bypasses traditional middleman freight forwarders.

Read more: Maersk, Alibaba Team Up To Offer Online Booking Service For Ship Space

Faraday Future Unveils Electric Vehicle In Las Vegas To Kick Off CES

Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China-backed company strives to win credibility in the crowded sector and weather its funding challenges.

Read more: Faraday Future Unveils Electric Vehicle In Las Vegas To Kick Off CES

Here Come 'Smart Stores' With Robots, Interactive Shelves

LAS VEGAS  -- Tomorrow's retail stores want to take a page from their online rivals by embracing advanced technology - everything from helpful robots to interactive mirrors to shelves embedded with sensors.

Read more: Here Come 'Smart Stores' With Robots, Interactive Shelves

VW Faces First Legal Test Case Over Emissions In Germany

Pic: ReutersGerman consumer rights champion myRight filed the first legal test case against Volkswagen in Germany on Tuesday, raising pressure on the carmaker to compensate customers in Europe over the emissions scandal.

Read more: VW Faces First Legal Test Case Over Emissions In Germany

Intel To Take Stake In German Mapping Firm HERE In Automated Driving Push

Pic: ReutersU.S. chip maker Intel will take a 15 percent stake in German digital mapping firm HERE, it said on Tuesday, as it seeks to build its presence in automated driving technology.

Read more: Intel To Take Stake In German Mapping Firm HERE In Automated Driving Push