08/05/2019

Move over, silicon switches: There's a new way to compute

Logic and memory devices, such as the hard drives in computers, now use nanomagnetic mechanisms to store and manipulate information. Unlike silicon transistors, which have fundamental efficiency limitations, they require ...

Siemens on track for 2019 ahead of power and gas spinoff

German industrial conglomerate Siemens said Wednesday it was sticking to its targets for 2018-19 after a steady second quarter, having announced the spinoff of its historic power and gas unit a day before.

New space race to bring satellite internet to the world

Anxiety has set in across the space industry ever since the world's richest man, Jeff Bezos, revealed Project Kuiper: a plan to put 3,236 satellites in orbit to provide high-speed internet across the globe.

Lyft loss widens to $1.1 bn, unveils Waymo partnership

Lyft said Tuesday its loss in the past quarter widened to $1.1 billion in the ride-hailing giant's first financial report as a public company, as it announced it was teaming up with former Google car unit Waymo on autonomous ...

New Zealand unveils plan to go carbon neutral by 2050

New Zealand introduced legislation Wednesday to make the South Pacific nation carbon neutral by 2050, although greenhouse gas emissions from the economically vital agricultural sector will not have to meet the commitment.

Toyota annual net profit drops by a quarter

Profits at Japanese car giant Toyota hit the skids despite record sales, the company admitted Wednesday, although it said it expected to accelerate out of trouble in the year ahead.

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