SoftBank is highly likely to go ahead with its plan to invest $10 billion in Uber, the ride-hailing app company, according to a report on CNet.com.
An Uber representative quoted by CNet says: “We’ve entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment.
“We believe this agreement is a strong vote of confidence in Uber’s long-term potential. Upon closing, it will help fuel our investments in technology and our continued expansion at home and abroad, while strengthening our corporate governance.” Continue reading SoftBank to invest $10 billion in Uber
HIT Robot Group, one of China’s leading manufacturer of robots, has launched an industrial robotics tutorial platform.
HRG says Haidu Academy is designed to help learners of different levels to improve their industrial robot-operating skills on various brands.
China is the largest and fastest-growing robot market in the world.
According to the Ministry of Industry and Information Technology, in the first seven months of 2017, 71,600 industrial robots were produced in China, accounting for more than 30 percent of global output during the period.
Statistics also suggest an increasing demand for skilled workers. The Ministry predicts that China will need 200,000 skilled workers to operate industrial robots as of 2020.
Startup company ThreadRobe launches “automated wardrobe”, eliminates laundry chores
There are few chores that Americans hate more than laundry, according to ThreadRobe, the Alexandria-based startup which aims to change millions the drudgery of the chore by introducing an automated piece of furniture that eliminates the need to fold, hang, and put away laundry.
Users place loads of clean clothing from the dryer directly into the automated wardrobe’s bin – no sorting, folding, or hanging required.
Uber rival Grab signs deal with driverless car developer nuTonomy
nuTonomy, a developer of software for self-driving cars, and Grab, which claims to be Southeast Asia’s leading ride-hailing app, have entered a partnership to expand nuTonomy’s ongoing public trial of self-driving cars in Singapore, believed to be the first such public trial anywhere in the world.
The trial will give select Grab users a chance to experience the full end-to-end experience of e-hailing and riding in a nuTonomy self-driving vehicle.
iRobot has launched the Roomba 960 Vacuuming Robot starting at $699.
The second 900 Series Roomba to be introduced by iRobot, Roomba 960 extends mapping, adaptive navigation with visual localization and cloud connected app control to a wider range of consumers, says the company.
General Motors says it has the largest number of connected vehicles in the world, with almost 3 million currently on the road – far more than any other automaker.
General Motors claims it “started the connected car revolution 20 years ago” with the launch of OnStar and continues to deliver innovative solutions at a scale unmatched by anyone in the industry.
OnStar is the enabler for Chevrolet, Buick, GMC, Cadillac, Opel and Vauxhall to introduce new technology features across a broad range of drivers. Today, the blue button brand delivers services in four continents, 18 countries, 10 languages and 13 time zones, with more than a billion customer interactions.