UPS just became Tesla's biggest Semi-truck customer to date, reserving 125 vehicles in a bid to reduce greenhouse gas emissions.
On December 5 the U.S. Patent and Trademark Office (USPTO) granted the financial institution Bank of America a patent to build a cryptocurrency exchange. The patent’s summary describes three types of accounts within the platform’s system. The first account is for customers to store their digital funds. The second and third accounts operated by the business are called “float accounts” which allow quick digital asset swaps from behind the scenes similar to a centralized Shapeshift concept.
Management Changes at Verizon. Lowell McAdam. Hans Vestberg. John Stratton. Marni Walden. Rima Qureshi. Roy Chestnutt.
The Internet of Things was top of mind both for investors and startups in 2017, as companies including Cisco and Intel continued to invest in IoT startups spanning industrial IoT, IoT security and other areas.
The Goldman Sachs veteran brought in to shake up HSBC’s investment banking business is leaving the lender only 18 months after he was hired to lead a significant push in growth. Matthew Westerman, co-head of HSBC’s global banking division, is stepping down by the end of the month.
Mark Warriner has joined HSBC retail from Google UK, where he worked for almost six years, reaching the role of director of engineering and also becoming chairman of Google Payments.
GE Healthcare is teaming up with chipmakers Nvidia Corp. and Intel Corp. to speed up the time it takes to process medical images by taking advantage of their latest artificial intelligence systems and graphics processing unit chips.
Japanese automotive and telecom giants Honda and SoftBank are working on a potential partnership to help vehicles connect to next-generation wireless networks.