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Chinese flying taxi maker Ehang gets approval to test drone deliveries for cargo weighing over 150kg
Ehang is the world’s first autonomous aerial vehicle company approved to conduct commercial trials of passenger drones for transporting heavy cargo, it says. The pilotless 216 flying car can hold two passengers and travel at up to 130km per hour.
Amazon.com Inc’s talks to buy driverless vehicle startup Zoox Inc has analysts speculating the deal could save the e-commerce giant tens of billions a year and put auto, parcel and ride-hailing companies on their heels.
Meituan Dianping founder Wang Xing’s fortune has nearly doubled since his company emerged from the depths of China’s Covid-19 lockdown, cementing his place among a generation of the country’s most prominent tech entrepreneurs.
Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence.
Chinese e-commerce firm Pinduoduo Inc has referred a case of suspected bribery of one of its staff by a manager at digital advertising firm Cue Holdings to the Shanghai police.
With lockdown restrictions from the coronavirus pandemic decimating many US businesses and tens of millions filing for unemployment, it’s no surprise Americans are fretting about their job security. To ease this uncertainty, many technology companies have decided to institute a "no-layoff” policy for their employees during these tumultuous times. Not only is this good for workers – it’s smart business, too.
Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic.
Zoom Video Communications has been one of the few stand-outs in the current market, with shares doubling and usage surging during the coronavirus pandemic, but now the company’s high profile has raised concerns about user privacy and security.
Uber Technologies Inc's self-driving unit is open to using technology from competitors in the industry.
Uber Technologies Inc's ride-hailing business will take a small hit due to the outbreak of the coronavirus, while its food delivery business will likely benefit from the epidemic.