Chinese company buys BMW-powered flying car technology that allows vehicles to reach 8,200 feet
A Chinese company has purchased BMW-powered flying car technology that has successfully undergone test flights in Europe. The flying car, known as AirCar, is a Slovak-designed, four-wheel, two-seater vehicle that transforms into a road-legal vehicle in just three minutes on the ground. The AirCar comes with a pusher propeller, switchblade-style retractable wings, and a telescoping […]
Chinese company buys European flying car technology
China’s XPENG AEROHT conducts first public flight of electric flying car A Chinese company has purchased BMW-powered flying car technology that has successfully undergone test flights in Europe. The flying car, known as AirCar, is a two-seater vehicle with four wheels designed in Slovakia. Transforms into a road legal vehicle It will reach the ground […]
US and UK unveil sanctions against Chinese state-backed hackers over alleged ‘malicious’ attacks | Technology
Hackers backed by Chinese government spy agencies have been accused by the United States and Britain of carrying out a multi-year cyberattack campaign targeting politicians, journalists and businesses. The US said the operation targeted political dissidents and critics of China in sophisticated phishing campaigns that resulted in the compromise of some email systems and networks. […]
OpenAI chief technology officer Mira Murati complained about Sam Altman
OpenAI’s chief technology officer reportedly penned a memo to the company’s board criticizing President Sam Altman’s management style, which set off a chain of events that led to his firing. Mira Murati expressed her concerns directly to Mr. Altman before sharing her concerns about Mr. Altman’s leadership style with the board. According to the New […]
Bitcoin rises above $69,000 in new record high | Technology
On Tuesday, the price of Bitcoin hit an all-time high of over $69,000. This milestone surpasses the previous high level Bitcoin set in November 2021 and comes after a long rally that saw Bitcoin’s value increase by 190% compared to last year. According to cryptocurrency news site CoinDesk, Bitcoin’s all-time high was $68,990.90. The cryptocurrency’s […]
EU fines Apple €1.8bn over App Store restrictions on music streaming | Technology sector
Apple has been fined €1.8bn (£1.5bn) by the EU following an investigation into restrictions its App Store placed on music streaming providers such as Spotify. The European Commission, the EU’s executive arm, imposed the penalty after finding that the iPhone maker had breached competition law by imposing restrictions on app developers. The investigation was launched […]
This biotech ETF sees ‘breakout’ while U.S. small-cap technology stocks lag – MarketWatch
Hello! This week’s ETF Wrap delves into the surge in biotech funds and the “unusual” trends in U.S. small-cap and small-cap tech stocks. Send your feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on X. @cidzelis and find me linkedin.Isabel Wang @Isabelxwang. sign up here About the weekly ETF wrap. Some […]
AI technology could help US, allies monitor China’s Taiwan invasion intensions
Subscribe to Fox News to access this content Plus, your free account gets unlimited access to thousands of articles, videos, and more. Please enter a valid email address. By entering your email address, you agree to the Fox News Terms of Use and Privacy Policy, including notice of financial incentives. Please check your email and […]
Cisco to lay off 4,000 to focus on AI technology
Information technology and software maker Cisco has announced plans to cut about 4,250 employees to focus on artificial intelligence. The layoffs will represent about 5% of the company’s approximately 85,000 employees worldwide, and will cost the company $800 million before taxes in severance and benefits payments to departing employees. CEO Chuck Robbins told investors that […]
‘Boycott Tesla’ Super Bowl ads target self-driving technology
On Sunday, two Super Bowl ads took aim at Tesla’s self-driving technology, calling on viewers to boycott the company and claiming the company’s vehicles are unsafe. The Dawn Project’s ad echoes the 2023 Super Bowl ad campaign in which an Autopilot-powered Tesla mowed down child-sized dummies in a parking lot. “Here’s what Elon Musk doesn’t […]