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Ford Motor Co will raise US$2.8bil (RM12.45bil) in long-term debt, according to a filing with US securities regulators, funds which a senior executive said will help fund investments in new technology including self-driving cars.
Digital mapping company HERE, which was bought by BMW Mercedes-Benz and Audi, has appointed Edzard Overbeek as chief executive to help Germany's luxury carmakers develop self-driving vehicles.
In his quest to expand US mobile broadband capacity, Federal Communications Commission Chairman Ajit Pai hasn’t been afraid to anger colleagues in government.
Uber and Lyft are hoping a courtroom reprieve will spare them from shutting down their rival smartphone-summoned ride services in California on Aug 21.
The stakes are high for industries around the world, as global spending on the Internet of things is forecast to exceed US$1tril (RM4.1tril) in 2022.
Uber Technologies Inc renewed a bid to move its driverless-car trade-secrets fight with Waymo into closed-door arbitration.
Samsung has got permission from South Korean authorities to domestically test a driverless vehicle fitted with its electronic parts and software, as the tech giant aims to muscle into the automotive industry in search of a new growth driver.
International delivery company UPS is backing a start-up using drones in Rwanda to transport life-saving blood supplies and vaccines, underlining the wide potential for the unmanned aircraft and helping bring package delivery by drone to US consumers a step closer.