World cruise corporation

Microsoft has been mostly absent from the race to develop autonomous vehicles among the world’s big tech companies. But the software giant is still poised to profit from the technology, especially when it relates to vehicle-to-vehicle communication. Today, connected car networks ingest a deluge of digital information, including advanced driver-assist features like automatic braking, adaptive cruise control, and lane-keep assist. Soon enough, that information will be the backbone of autonomy. … [Read more...] about Microsoft teams up with Cruise on self-driving cars, chips in for $2 billion investment

IRFC, set up in 1986, is a dedicated financing arm of the Indian Railways for mobilising funds from domestic as well as overseas markets. Its primary objective of IRFC is to meet the predominant portion of 'extra budgetary resources' requirement of the Indian Railways through market borrowings at the most competitive rates and terms. … [Read more...] about Indian Railway Finance Corporation IPO opens today: Here’s all about the first IPO of 2021

The big question over sanctions also hovers over America's dealings with Russia, and especially Vladimir Putin. It took more than a month for Putin to recognize Biden's victory. But Biden does not seem to have much appetite for the "reset" in relations with Russia that marked the early days of the Obama presidency. Which is not to say that eventually business might not be done. For the moment, however, it may best to monitor Putin's response. Will Russia continue buzzing US ships in international waters, infiltrating troops and materiel into eastern Ukraine, assassinating political opponents at home and abroad? As Ambassador Kurt Volker, deeply involved for years in east-west issues, told me in an interview last week, Biden needs to tell Putin early on that, "If you persist in this we will keep up the counter pressure on you, but you need to signal that you're willing to actually come to the table with us. For once, it's not on the US or the West to reset our policies. It's time for … [Read more...] about The whole world is watching Biden as he takes charge

In 2016, Microsoft shifted gears in the automotive market. Instead of trying to convince carmakers to embed Windows in cars, Microsoft began focusing on cloud-connected car scenarios via its "Microsoft Connected Vehicle" strategy. Renault-Nissan, BMW, and Volvo have all announced various partnerships with Microsoft for its connected-car services.  … [Read more...] about Microsoft invests in General Motors’ self-driving subsidiary Cruise

Existing investors GM and Honda also contributed to the latest round, but a specific breakdown was not disclosed. SoftBank’s Vision Fund is another investor in Cruise, having invested $2.25 billion in 2018, at a valuation of $11.5 billion and topping up its investment in 2019 when the company was valued at $19 billion. … [Read more...] about Microsoft invests in $30 billion driverless car company Cruise

Former HDFC Bank chief executive Aditya Puri on Tuesday backed the proposal to allow deep-pocketed corporates into banking in India.Puri, the founder chief executive of what has become the largest private sector lender who retired recently, said the country needs more banks to fuel its economic growth ambitions and capital will have to come from somewhere.Late last year, an internal working group of RBI had proposed to re-allow corporates into banking, leading to a huge controversy on concerns over potential conflicts of interest."Giving (banking licences) to individuals didn't work, public ownership didn't work either. There is no harm trying it," Puri said during an online event.He named Yes Bank, started by two individuals, and also infra lender IL&FS which faced troubles over governance as cases which did not work and underlined the need to try something new.In order to become a $5 trillion economy, India needs to have more banks and a corporate with a good set of ethics and a … [Read more...] about Aditya Puri backs corporates in banking, says no harm in trying it

A Chevrolet spokesperson declined to provide additional details about the event to Fox News Autos, but a teaser video suggests the car will follow the route of Disney’s famed Electric Parade to "show how magic can take place when the imagination is electrified." … [Read more...] about GM, Disney World team up for electric Chevrolet Bolt EUV reveal on Feb. 14

"From government networks to corporations, from Web servers to databases, xDedic provides a marketplace for buyers to find anything," Kaspersky researchers wrote in a separate blog post. "And the best thing about it—it's cheap! Purchasing access to a server located in a European Union country government network can cost as little as $6." The post continued: … [Read more...] about For sale: 70k hacked government and corporate servers—for as little as $6 apiece

When Gerwyn Price was right for rugby leagueJohn Part: The Emperor of Planet Darts Baggish is now intent on earning his PDC Tour Card with a solid run at Q-School next month. The American is planning on returning to the UK in good time for the event, which is being held in Milton Keynes. … [Read more...] about Danny Baggish believes North American darts is on the rise after his PDC World Darts Championship run

Consumer NZ chief executive Jon Duffy said the man was “possibly on the right track" – but had more grounds to complain under a separate section of the Fair Trading Act, which covers ‘bait advertising’. It's a criminal offence for someone to advertise something they have no intent to supply. … [Read more...] about Commerce Commission complaint lodged over ‘misleading’ New World Smeg knife block promotion