Toyota invests $400m in Pony.ai with latest driverless tech bet

Toyota invests $400m in Pony.ai with latest driverless tech bet

Self-driving vehicle technology provider Pony.ai has secured $400 million (£308.35m) from Toyota, pushing the company’s valuation to more than £2.31bn. The company is focusing on deepening and expanding its collaboration with Toyota in mobility services. They will further boost their joint efforts in self-driving technology development...

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Wal-Mart shelves RFID test plan

Wal-Mart has decided against testing a wireless inventory control system on shelves at a suburban Boston store. It's a move some privacy advocates are hailing as a victory, but one the retailer calls unrelated to concerns about possible misuse of...

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