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Honda Buys In To GM Cruise Self-driving Unit

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Honda Buys In To GM Cruise Self-driving Unit

Honda Motor Co Ltd will invest $2 billion over 12 years in General Motors Co’s Cruise autonomous vehicle unit after paying $750 million for a stake in the project, seen as among the leaders in self-driving car development.

Honda will work with GM and the unit to fund and develop an autonomous vehicle for Cruise that can be built in high volumes for global deployment, GM said.

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GM Cruise and Alphabet Inc’s Waymo are often described as leading the pack of technology and auto companies competing to create self-driving cars and integrate them into ride services fleets.

Japan’s SoftBank Group Corp in May said it would invest $2.25 billion in Cruise, compared to the total $2.75 billion commitment announced by Honda and GM on Wednesday. They said the project was now valued at $14.6 billion.

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Ford Motor Co and BMW both plan to deploy self-driving cars in 2021; Tesla Inc has talked about creating a network of self-driving cars and Uber says it is sticking with a development effort despite an accident in which its self-driving car killed a woman in Arizona.

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“With the backing of General Motors, SoftBank and now Honda, Cruise is deeply resourced to accomplish our mission to safely deploy autonomous technology across the globe,” Cruise Chief Executive Kyle Vogt said.

African News

Huawei To Build Two Data Centers In South Africa

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Huawei To Build Two Data Centers In South Africa

China`s tech company, Huawei says it will build two data centers in South Africa from next month as part of plans to expand cloud services across Africa.

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It says, the company is working with South African partners for the construction of the data centers in Johannesburg initially and later cape town.

Its cloud service will be available to organizations in South Africa as well as neighboring countries.

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The Chinese firm, at the center of global security concerns, wants to challenge amazon, which is also expanding its presence in the emerging tech hub of cape town.

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Facebook Removes Hundreds Of Accounts Engaged In “Inauthentic Behaviour”

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Facebooks Removes Hundreds Of Accounts Engaged In "Inauthentic Behaviour"

Facebook said it has removed hundreds of accounts linked to spreading fake news and hate speech in Indonesian.

In efforts by Facebook Inc to prevent social network being misused in the build up to elections, 207 Facebook Pages, 800 Facebook accounts and 546 Facebook Groups accounts were removed for “engaging in coordinated inauthentic behavior.”

According to Reuters, Facebook’s head of Cybersecurity Policy, Nathaniel Gleicher said The accounts and pages were actively working to conceal what they were doing and were linked to the Saracen Group, “an online syndicate in Indonesia.”

“They have using deceptive messaging and… networks of concealed pages and accounts to drive often divisive narratives over key issues of public debates in Indonesia,” Gleicher said.

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African News

Volkswagen To Build Car Plant In Ethiopia

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Volkswagen To Build Car Plant In Ethiopia

German car-maker Volkswagen have announced their plan to assemble cars in Ethiopia. The car-maker said in a statement that they will build a car plant and a training centre in the country. Many Ethiopians have found owning a car too expensive because of import taxes of up to 200%.

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A 2014 Deloitte report, says Ethiopia has the world’s lowest rate of car ownership, with only two cars per a thousand inhabitants.

Volkswagen made the announcement in front of the German president as he visited the country.

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