Solar Energy News  
CAR TECH
Baidu accuses former exec of stealing self-driving car technology
by Staff Writers
Beijing (AFP) Dec 22, 2017


China's largest search engine Baidu is suing a former executive, accusing him of stealing self-driving car technology, reports said Friday, as competition in the sector heats up.

In court filings, Baidu demanded US-based Jingchi Inc., a start-up founded by the former manager of its autonomous driving unit, stop using its technology to develop autonomous cars, according to zhichanli.cn, a website focused on intellectual property and technology innovation.

The tech giant is seeking 50 million yuan ($7.61 million) in compensation, the website said.

Jingchi Inc. was founded in April and raised $52 million in September to expand its research and development of autonomous driving technology.

"Baidu's lawsuit has no factual basis and our lawyer will respond to it factually and legally," Jingchi's CEO Wang Jing said in a reply to Tencent news, adding that the company is an "indisputable pacemaker" in China's self-driving car sector.

Baidu told AFP that it would not comment on the case now that it was subject to judicial process.

The search giant established a $1.5 billion fund in September dedicated to developing driverless cars, and is getting set to launch its first models.

But it can expect strong competition from Jingchi, which has said it will move its headquarters to China and plans to "demonstrate technological strength in two weeks", according to Tencent news.

CAR TECH
China's Didi raises $4 bn to fund global turf war with Uber
Shanghai (AFP) Dec 21, 2017
Chinese ride-sharing firm Didi Chuxing said Thursday it had raised $4 billion from investors, months after a funding round that made it Asia's most valuable startup, as it presses on with a global battle with US giant Uber. Local and foreign groups contributed to the huge pot, which will be used to fuel Didi's global expansion and support new developments in artificial intelligence and new e ... read more

Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
NREL develops novel method to produce renewable acrylonitrile

Bristol scientists turn beer into fuel

NREL research finds a sweet spot for engineering better cellulose-degrading enzymes

Hydrogen gas from enzyme production

CAR TECH
Not Your Grandpa's Robot: Russian Robot 'FEDOR' May Become Self-Learning

Aerospace's SeedTECH AI advances to second round of $5M IBM Watson XPRIZE

'Grinch bots' may steal Christmas by snatching up prized toys

Tokyo airport to be 'scattered' with robots for 2020 Olympics

CAR TECH
Construction to start on $160 million Kennedy Energy Park in North Queensland

U.S. wind turbines getting taller and more efficient

New wind farm in service off the British coast

End tax credits for wind energy, Tennessee Republican says

CAR TECH
UPS orders 125 all-electric trucks from Tesla

German rail operator, army seek damages over truck cartel

China's Didi raises $4 bn to fund global turf war with Uber

Denmark sets milestone for EV charges

CAR TECH
New test procedure for developing quick-charging lithium-ion batteries

AI helps accelerate progress toward efficient fusion reactions

Lasers could soon trigger fusion energy, researchers predict

New power devices could drastically reduce energy waste

CAR TECH
Japan company says to close two large ageing nuclear reactors

Bruce Power Contracts Major Industry Suppliers for Steam Generator Replacement Project

Mainz physicists propose a new method for monitoring nuclear waste

Cairo, Moscow sign contract for Egypt's first nuclear plant

CAR TECH
China shivers as shift from coal to gas sputters

US void hard to miss at Paris climate summit

To save climate, stop investing in fossil fuels: economists

Improving sensor accuracy to prevent electrical grid overload

CAR TECH
African deforestation not as great as feared

Cascading use is also beneficial for wood

New maps show shrinking wilderness being ignored at our peril

Forests are the key to fresh water









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.