Innovation & Tools
Toyota to invest $13.5B in electric cars batteries - 09/08/2021
Japanese carmaker Toyota announced that it plans to invest $13.5 billion in the development and production of batteries for electric vehicles by 2030. The company announced this at a meeting with investors and the press, which was dedicated to electric cars and batteries for them. Nine billion of this amount will go toward building plants to produce such batteries. Toyota didn't say how many...
Uniper, Port of Rotterdam agree on green hydrogen production - 09/07/2021
International energy concern Uniper has concluded an agreement with the port of Rotterdam, under which the company will produce "green" hydrogen on the port territory in the Netherlands, according to a press release from Uniper. "Energy company Uniper and the Port of Rotterdam Authority have entered into an agreement to develop green hydrogen production at Uniper's Maasvlakte site... This...
Swedish company produces the world's first 'green' steel without coal - 08/20/2021
Swedish company Hybrit announced delivery of the world's first batch of steel to a customer that did not use coking coal in its production. As noted in the statement of Hybrit, production of this batch used hydrogen instead of coal. The order for "green" steel was placed by truck manufacturer Volvo AB. Hybrit (Hydrogen Breakthrough Ironmaking Technology) was created in 2016 by steel company...
DHL to deliver shipments by all-electric aircraft - 08/04/2021
DHL Express will add all-electric aircraft to its fleet. The company has ordered 12 airliners from Israeli start-up Eviation to reduce emissions. By 2050, it expects to reduce its emissions to zero. Freight delivery specialist DHL Express has decided to add all-electric aircraft to its fleet, according to the operator's website. The company has ordered 12 freighters from Israeli startup Eviation,...
Google's parent company sets up subsidiary to develop software for robots - 07/26/2021
Alphabet has created a new company to develop software for robots. It has emerged from X, a division in which the company tests bold ideas and designs. Google's parent company Alphabet has spun off Intrinsic, which develops software for robots, into a separate subsidiary, says a blog post on the website of X, Alphabet's unit for testing and verifying new ideas and technologies, under which...
Amnesty International notes iPhone vulnerability to hacker attacks - 07/20/2021
Amnesty International experts have found that iPhones can be compromised and sensitive data stolen from them using hacking software that does not require the phone owner to click on a malicious link. Apple smartphones can be hacked using hacker software that does not require the user to click on a malicious link. Amnesty International pointed this out in a report on malware infections on iPhones...
Apple plans to increase production of new iPhones by 20% - 07/15/2021
Apple has ordered 20 per cent more new iPhones from suppliers than it has usually ordered in recent years, sources told Bloomberg. The new smartphones will feature upgraded processors, cameras and displays, they said. Apple has asked suppliers to produce 90 million next-generation iPhones this year, sources told Bloomberg. The agency notes that this is 20% higher than the figure the company has...
Visa card holders spend over $1B in cryptocurrencies in six months - 07/08/2021
Visa cryptocurrency card users have spent more than $1 billion on goods and services in the first six months of this year, Vasant Prabhu, the payments company's chief financial officer, told CNBC. The manager noted that the current figure is much higher than the amount spent in 2019 and 2020, but did not give specific figures. Visa cryptocurrency cardholders can currently spend their savings in...
World Wide Web creator sells its source code as NFT for $5.4M - 07/01/2021
British scientist and founder of the Web Tim Berners-Lee has sold the source code for the WWW technology in the form of an NFT (non-interchangeable token), auction house Sotheby's has revealed. The token was sold for $5.43 million. The token form included an archive of the source code, which dates back to 1990 and 1991, an animated version of the code, an image of Mr Berners-Lee's code and...
Saudi Aramco: Hydrogen will not become quick substitute for conventional hydrocarbons - 06/30/2021
Saudi Aramco, the Saudi oil state-owned company, has become disillusioned with hydrogen as a quick substitute for conventional hydrocarbons. It believes that large-scale gas production is unlikely to begin this decade, Saudi Aramco’s chief technology officer, Ahmad Al Khowaiter, told Arab News. According to him, there will be no large-scale investment in the industry until at least 2030, when...