Toyota’s luxury vehicle division, Lexus has recently developed a prototype for an off-highway vehicle which is rigged with a combustion engine that is powered by hydrogen instead of petrol.
The vehicle is identical to a regular ROV (recreational off-highway vehicle) in many ways, including chunky tires and exposed suspension, but features Lexus' primary hydrogen engine.
As per the auto brand, the ROV concept generates "near-zero emissions" by using hydrogen as a substitute fuel.
This fuel is stocked in a high-pressure tank at the rear of the vehicle, which is protected by a sleek
Junshi Biosciences, a biopharmaceutical company, has recently been awarded prolonged EUA (emergency use authorization) from the United States FDA (Food & Drug Administration) for extended use of its COVID-19 drugs, bamlanivimab and etesevimab.
According to Eli Lilly and Company (global partner of Junshi Biosciences), the two drugs can now be used together to treat high-risk pediatric patients (from birth to under 12 years old) from moderate coronavirus and post-exposure prophylaxis.
This joint treatment is the only authorized neutralizing antibody therapy for use in case of emergency in individuals suffering from COVID-19 under
Picsart, a SoftBank-based leading video and photo editing platform, has taken over DeepCraft, a research and development (R&D) company that provides software solutions.
The acquisition is supposedly in a seven-figure range and is a mix of both stock and cash, however, the actual figures are still unknown.
Picsart’s portfolio includes a variety of editing as well as digital creation tools, which helps in making video and picture editing more flexible for both professionals and creators.
According to Picsart, DeepCraft's AI technical ability, as well as its advancements in machine learnin
American pharmaceuticals firm, Moderna, Inc. has allegedly stated that the new variant of the COVID-19, labeled Omicron, might be able to evade existing vaccines.
Dr. Paul Burton, Chief Medical Officer at Moderna, recently said that it will take a couple of weeks for them to test the ability of the current vaccines in the market in providing protection against the new variant, adding that the mRNA vaccines can be reformulated at a faster pace and that it might be ready by next year.
The Omicron variant was initially discovered in South African countries and had nations all around react quickly with restricting travel to and from those r
Subtle Medical, a pharmaceutical firm that develops vendor-neutral software solutions, has formed an alliance with German life sciences company Bayer to discover prospects to utilize AI (artificial intelligence) to assist in image acquisition in radiology.
Under this partnership, both the companies will be investigating the probability of Subtle Medical’s artificial intelligence algorithm, SubtleGAD™, for usage in MRI exams to advance image quality. The two parties will also discover potential new areas for contrast media use.
Prof. Dr. Olaf Weber, Head of Radiology Research and Development at Bayer, said that they are const
Norway-based energy company, Equinor has reportedly submitted plans to develop one of the largest oils producing fields on the NCS (Norwegian Continental Shelf) whilst further reducing CO2 emissions.
Operated by Equinor, the Oseberg field is ranked at third position globally for producing oil on the NCS. Although oil production from the field is in its tail phase, around 60% of the gas resources are still within the ground.
Oseberg is one of the key fields in the world, with only Snøhvit and Troll having more remaining gas resources on the NCS.
According to sources, around $1.1 billion will be
Plant-based recombinant protein provider Tiamat Sciences has reportedly bagged $3 million in a seed financing round initiated by True Ventures. This round also includes participation from other investors namely Cantos and Social Impact Capital.
The latest funding will aid the biotech startup in technology development as well as building a pilot production plant in Durham, North Carolina. For the record, Tiamat Sciences is one of the biotech companies developing a cost-effective biomolecule, with an objective to replace bioreactors. Cellular growth medium is considered a component of cellular agriculture that ensures manufacturing of lab-grown meat at an economical price. T
ByteDance, the parent company of TikTok, has announced its plans to end activities in the edtech business in India, as per media reports.
Following the controversial ban of TikTok in the country last year, ByteDance currently operates an education learning app called SnapSolve along with Resso, a music streaming platform.
Information released by credible sources have confirmed that the company plans to shut down its edtech application in the country.
Sources also speculate that majority of the employees are being let go, if not all, at the edtech division in India housing more than three dozen people
Foxconn, one of the largest electronics contract manufacturers in the world, is adopting a ‘3 plus 3’ model revolving around emerging industries such as robots, electric vehicles and digital healthcare.
The company aims to build an EV supply chain, with the focal point of the initiative being development of electric vehicles.
Adding to the above-mentioned efforts, Foxconn has revealed plans to establish a new semiconductor design center.
As per reports, Foxconn will be opening the design center in the New Taipei city in Taiwan. The facility will be dedicated to the development of software