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Elon Musk has clashed often with securities regulators and highway safety authorities, but Tesla and Twitter chief wants the government should regulate Artificial Intelligence. After a more than three-hour-long presentation...

Tech U.S

Level of South Korean chips made in China to be capped by U.S.

ioinews staffFebruary 24, 2023February 24, 2023

The level of advanced semiconductors made by South Korean companies in China will likely be limited by the United States, a senior U.S. official said. South Korea’s Samsung Electronics and...

U.S

Table-top nuclear drill staged by U.S. and South Korea focused on North Korea

ioinews staffFebruary 24, 2023

On Thursday the Pentagon said, U.S. and South Korean officials took part in a simulated “table-top” exercise that focused on the possibility of North Korea using a nuclear weapon. North...

Business U.S

Bill Gates buys Heineken stake.

ioinews staffFebruary 23, 2023

Although Bill Gates previously said he was “not a big beer drinker”, the billionaire founder of Microsoft bought a 3.76% share in Dutch drinks giant Heineken Holding NV. Netherland’s Financial...

Tech

Mercedes-Benz to have ‘supercomputers’ in cars, partners with Google.

ioinews staffFebruary 23, 2023February 23, 2023

Mercedes-Benz has teamed up with Google on navigation and will offer “supercomputer-like performance” in all their cars with automated driving sensors as it prepares to compete with Tesla and Chinese...

Tech

Jaguar Land Rover opens three self-driving tech hubs in Europe.

ioinews staffFebruary 21, 2023

Jaguar Land Rover on Tuesday said three new engineering hubs will be opening in Europe for developing autonomous vehicle technologies as part of its partnership with Silicon Valley AI company...

U.S

SpaceX fined $175,000 over failure to submit Starlink data.

ioinews staffFebruary 20, 2023

A civil penalty of $175,000 was proposed on Friday by the Federal Aviation Administration (FAA) against SpaceX as it failed to submit some safety data to the agency before an...

Business

U.S. Navy contract worth up to $2 billion awarded to Lockheed Martin

ioinews staffFebruary 20, 2023

Lockheed Martin Corp gets awarded a contract by the U.S. Navy worth up to $2 billion related to hypersonic weapon systems, the defense firm said Friday. This announcement came amid...

U.S World

Use of military AI to be ‘responsible’, urged by U.S., China, other nations.

ioinews staffFebruary 17, 2023

A modest “call to action” was signed by more than 60 countries including the U.S. and China on Thursday. It endorses the responsible use of AI in the military. The...

Business Tech World

A booster engine glitch hindered Japan’s H3 flagship rocket launch.

ioinews staffFebruary 17, 2023

The H3 rocket, Japan’s first new medium-lift launcher in three decades, failed to lift off on Friday. The two secondary booster engines strapped to the space vehicle’s side didn’t ignite....