09302016Fri
Last update: Fri, 30 Sep 2016 08am

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First test of driverless minibus in Paris Saturday PARIS: The French capital's transport authority will on Saturday carry out its first test of a driverless minibus, in the hope that regular routes for the hi-tech vehicles will be up and running within two years.The electric-powered driverless EZ10 minibus, able to carry up to 12 passengers, has already been tested on closed circuits in Japan, Singapore and California and in a road test in Helsinki.One of the self-driving shuttle buses, made by French hi-tech firm Easymile, will on Saturday run along a special circuit in Paris on a pedestrianised street near the River Seine.The bus will travel at 25 kilometres (15 miles) an hour and for RATP, the transport authority for the Paris region, it is the start of a series of tests.The second test, to be held in the French capital before the end of the year, will see the EZ10 running between two major transport hubs, the ...

Business & Finance - Industries & Sectors

Yahoo faces growing scrutiny over when it learned of data breach WASHINGTON: Yahoo on Friday faced pointed questions about exactly when it knew about a cyber attack that exposed the email credentials of 500 million users, a critical issue for the company as it seeks to prevent the breach from affecting a pending takeover by Verizon Inc.The internet company has so far not provided a clear, detailed timeline about when it was made aware of the breach announced Thursday. Yahoo blamed the incident on a "state-sponsored ...

Business & Finance - Industries & Sectors

VW's MAN to cut 1,400 jobs at diesel-engine unit FRANKFURT: Germany's MAN SE plans to cut 1,400 jobs at its diesel-engine operations, aiming to increase savings by more than 450 million euros ($500 million). The restructuring plan includes streamlining internal processes, cutting costs in development, distribution and other areas and promoting strategy and portfolio development, it said on Friday. Orders for new turbo engines may stay at current low levels for years to come, Chief Executive Uwe Lauber said, citing external factors which he ...

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Google gets more time to answer EU charges: official BRUSSELS: EU anti-trust authorities have granted US tech giant Google a few extra weeks to answer charges that it has abused its market dominance, an EU official told AFP on Friday.The Silicon Valley firm now has until October 13 to answer questions about its Google Shopping search engine, October 26 for its Adsense advertising business and October 31 for its Android mobile phone operating system."In each of these cases, Google asked for additional time to ...

Business & Finance - Industries & Sectors

Yahoo hack is latest major cyber-attack PARIS: The massive hacking attack on Yahoo revealed Thursday is one of biggest thefts of online users' personal information ever, affecting some 500 million accounts.For Tanguy de Coatpont, head of the French and North African divisions of Kaspersky Lab, a computer security company, it is "the biggest in history involving a single company".Michael Bittan, a risk manager at Deloitte, cautioned that it was "the biggest to be made public. There have possibly been others that ...

Business & Finance - Industries & Sectors

Twitter shares rocket on report of possible sale NEW YORK: Twitter shares soared more than 16 percent Friday after CNBC reported that the company was moving close to a sale, with Alphabet/Google and Salesforce possible buyers.Talk has been circulating for weeks that the popular messaging platform was opening its doors to potential buyers.CNBC cited unnamed sources in the report, adding that it is still early in the process. "Twitter's board of directors is said to be largely desirous of a deal, according to ...

Business & Finance - Industries & Sectors

Lufthansa, Nordex team up for drone inspections of wind turbines BERLIN: Germany's Lufthansa Group and wind turbine maker Nordex will use drones to inspect wind turbines and provide maintenance information, they said on Friday. Lufthansa has set up a new division within its consulting unit, Lufthansa Aerial Services, in order to enter the growing market for commercial drones for tasks such as inspecting runways, planes and installations such as wind farms, railway lines and construction sites. "The market potential for the commercial use of drones ...