Hero MotoCorp, Accenture collaborate to reduce costs in supply chain

Hero MotoCorp has joined hands with Accenture for cost optimisation across its supply chain as the two-wheeler maker prepares to expand globally as well as foray into the electric vehicle segment. As we expand our global footprint and foray into electric vehicles, navigating the complex global supply chain network will be crucial in driving our …

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Microsoft’s $51.9 billion quarter: What’s up, what’s down and what’s struggling

In a rare disappointment for Wall Street, Microsoft reported revenue of $51.87 billion in the fourth quarter, compared with $46.15 billion a year earlier. The tech giant that has consistently beat Wall Street expectations in recent years. In terms of profit, the company reported a fiscal fourth-quarter profit of $16.7 billion, or $2.23 per share, …

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Redwood Materials intends to invest $3.5 billion in Nevada battery materials factory

Redwood Materials, founded by former Tesla Inc. executive JB Straubel, plans to spend $3.5 billion on a battery-materials factory in northwest Nevada. The plant under construction outside Reno is expected to be one of the first US facilities to produce key ingredients needed to make the batteries that power electric vehicles, the report said. The …

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Google brings AR support to these phones to make better use of cameras, sensors and more

Google has expanded its list of phones that support its ARCore certification. ARCore is Google’s platform for building augmented reality (AR) experiences. Using different APIs, ARCore enables users’ phones to sense its environment and interact with the information using its AR capabilities. To certify each device, Google says that it checks the quality of the …

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Battery developer Northvolt to work with Stora Enso to create batteries from forestry waste

Swedish battery maker Northvolt and Finnish-Swedish forestry company Stora Enso are trying to develop batteries from forestry byproduct lignin, the companies said. Lignin is a part of wood that binds tree fibers together. It accounts for 20-30 percent of a tree and is burned for energy. After years of research and development, it could be …

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