Reuters Technology Roundup


“Mercedes boss:  EV costs will remain higher for foreseeable future.”

Views expressed in this science and technology update are those of the reporters and correspondents.  Accessed on 04 September 2023, 2019 UTC.

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Mercedes boss: EV costs will remain higher for foreseeable future

The variable costs for producing electric vehicles will remain higher compared to combustion engine models for the foreseeable future, the chief executive of Mercedes-Benz said on Sunday, adding this would continue to fuel intense competition.


Britain sets priorities for November global AI safety summit

Britain set out its objectives for its global artificial intelligence (AI) safety summit on Monday, focusing on understanding the risks posed by the frontier technology and how national and international frameworks could be supported.


Europe to decide within weeks on when to restart space launches

European space officials said on Monday they face crucial timing decisions in the coming weeks on the return to flight of Europe’s flagship space launchers following a series of delays.


India’s Paytm launches $12 ‘soundbox’ that takes card payments

Indian fintech firm Paytm on Monday launched a “soundbox” device that lets merchants accept both mobile and card payments across networks including Visa , Mastercard , American Express and homegrown RuPay, to attract more subscribers from its large network.


Alibaba’s cloud division eyes state firms for up to $3 bln fundraising- Bloomberg News

Alibaba Group Holding Ltd’s cloud division is weighing raising funds via a private round from Chinese state-owned enterprises ahead of the business’ market debut in Hong Kong, Bloomberg News reported on Monday.


China’s EV prowess has Europe’s carmakers on edge at Munich car show

Europe’s carmakers have a fight on their hands to produce lower-cost electric vehicles (EVs) and erase China’s lead in developing cheaper, more consumer-friendly models, executives said at Munich’s IAA mobility show.


Russian court fines Tinder, Twitch for refusing to localise data

A Russian court on Monday fined Match Group, which operates Tinder, 10 million roubles ($104,000) and streaming service Twitch 13 million roubles ($135,000) for repeated failure to localise data in accordance with Russian law.


Continental integrates Google Cloud into vehicle cockpit

Continental will integrate Google Cloud services into its vehicle cockpit system, the company said on Monday, enabling drivers to ask the vehicle for assistance such as context on nearby sights or information on the vehicle while driving.


China’s Huawei opens cloud data centre in Saudi Arabia in regional push

Huawei Technologies (HWT.UL) has opened a cloud data centre in the Saudi capital Riyadh in a bid to grow its online service offerings in the Middle East and North Africa, the Chinese tech giant said on Monday.


CATL to produce fast-charging Shenxing battery in Germany, Hungary

CATL will produce its upcoming fast-charging Shenxing battery at its plants in Germany and Hungary alongside China, principal engineer Gao Pengfei said at the IAA Munich car show on Monday.


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