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Behind myth of China’s great tech grab

For all the concern over China’s targeting of foreign intellectual property, how much forced transfer of leading-edge technology really happened? By the looks of the Chinese auto industry, hardly any. If there has been, then Beijing has precious little to show for it in a market of 25 million cars a year. Take the case of Brilliance China Automotive Holdings ...

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Paris scooters can’t outrun yellow jackets

The sight of “yellow vest” protesters torching cars and smashing storefronts on some of the poshest avenues in Paris this month was a double-blow for the city’s Mayor Anne Hidalgo. First, it was a clear hit to the image of Paris as a global magnet for talent, investment and technology. Hidalgo has spent much of the last two years talking ...

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Cargo ships can go green with new technologies

Shipping is the lifeblood of global commerce — more than 80 percent of world trade goes by water. But the industry is also an environmental menace, producing as much carbon dioxide annually as Germany. The International Maritime Organisation (IMO) has helpfully called for ships to produce about 85 percent less sulfur by the end of next year, and to halve ...

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Earth has seen CO2 spike before. It didn’t end well

Asteroid impacts used to be science popularisers’ favorite existential threat, but space rocks have been displaced by atmospheric carbon. This is not just fashion but the result of a new reading of our planet’s past. In the 1990s, scientists thought asteroid impacts had triggered five mass extinctions, including the extinction of the dinosaurs 65 million years ago. Now, they’ve come ...

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Hong Kong’s insurance party keeps rocking

The biggest acquisition of a Hong Kong company this year shows that the lure of insurance as a means to access the vast pool of mainland Chinese savings remains undimmed. Last week a company controlled by one of the city’s oldest business families beat out Canada’s Sun Life Financial Inc. to buy FTLife Insurance Co., a minnow in an insurance ...

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Digital ad market needs an antitrust review

After several high-profile investigations into US-based tech companies that resulted in large fines but little meaningful change in the firms’ practices, the European Union’s antitrust authorities are being asked to open a wide-ranging inquiry into the digital advertising market. It’s long overdue. The request comes from Brave Software Inc., the company founded by Brendan Eich, one of the original creators ...

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Toyota wants to put robots in every home

Bloomberg Toyota Motor Corp. has sold enough cars to put one outside every Japanese home. Now it wants to put robots inside. Well-known for its automated assembly lines, Toyota sees a not-so-far-off future in which robots transcend the factory and become commonplace in homes, helping with chores — and even offering companionship — in an aging society where a quarter ...

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Porsche Taycan is 2019’s most-anticipated launch

Bloomberg The year 2018 was very good for the car industry. According to Cox Automotive, US auto sales are expected to total 17.2 million units in this year, which is more than last year and the fourth year in a row to beat 17 million, finishing above the firm’s forecasts. For starters, there’s the convertible version of the Bentley Continental ...

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Sony boosts 3D camera output over demand

Bloomberg Sony Corp., the biggest maker of camera chips used in smartphones, is boosting production of next-generation 3D sensors after getting interest from customers including Apple Inc. The chips will power front- and rear-facing 3D cameras of models from several smartphone makers in 2019, with Sony kicking off mass production in late summer to meet demand, according to Satoshi Yoshihara, ...

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NYPD deploying drone to secure New Year’s party

Bloomberg New York City police will deploy a camera-equipped drone above Times Square, along with new “counter-drone technology” blocking other devices from the area, where they expect as many as 2 million New Year’s Eve revelers. The drone technology is the newest innovation developed by the largest US police department as it prepares for an annual event that already features ...

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