JiDU Auto unveiled the logo for its robot car on Tuesday. The logo is also the visual design of the JiDu brand, which is inspired by the robot car. The company will unveil its first concept robot car in the first half of 2022, with mass production and delivery starting in 2023.
The Biden administration is reportedly investigating Alibaba's cloud-computing unit. The investigation is focused on the Chinese e-commerce giant's data storage practices for US clients. The review was ordered shortly after President Biden took office in January. The Commerce Department under former President Donald Trump also expressed concern about the unit.
The Senate Judiciary Committee is considering two pieces of legislation that could loosen Big Tech's grip on consumers. Both Apple and Google have written letters publicly opposing the legislation. A coalition of smaller tech companies has voiced their support of the bills. The bills would allow users to sideload apps, which are not subject to the same safety and security standards as Apple apps.
More than 20% of new vehicles sold in the EU and Britain were electric in December. Diesel vehicles accounted for half of new car sales in Europe in 2015, but now account for less than 19%. The decline began after Volkswagen admitted to using illegal software to make its diesel cars appear cleaner.
The 10 biggest US airlines say 5G switch-on will cause major disruption to flights. They fear C-band signals from Verizon and AT&T will disrupt navigation systems on planes. The warning was issued in a letter to US aviation authorities. The letter was sent to the Transportation Secretary, the head of the FAA and the FCC.
Ralph Lauren CEO Patrice Louvet says the brand is looking to the metaverse to attract young shoppers. He says consumers can buy Ralph Lauren's digital apparel, visit its Madison Avenue store in a virtual world. He also says the company is considering buying real estate in the digital world.
Spain's National Securities Market Commission will require crypto advertisers to notify it 10 days before running campaigns. The agency will also require them to include warnings about the risks of what they're selling. The rules apply to influencers with more than 100,000 subscribers who are paid to promote cryptocurrency.
The metaverse is a world where you can see, hear, and touch things virtually. You can travel there to experience things you could never do and see in the ‘real world’ Justin Trevor Winters and Jon Heder have teamed up to create a project that will make travel to the metaverse even more special.
Ford Motor Credit Company will use Stripe's technology to process digital payments. The carmaker's financial services arm will use the payment processor's technology in North America and Europe. Stripe will handle transactions for consumer vehicle orders and reservations.