‘Japan’ Tagged Posts

Yahoo Japan buys a minority stake in a Tokyo cryptocurrency trade

Yahoo Japan has gotten its palms on 40 p.c of a Tokyo-based cryptocurrency trade set to launch this fall. The funding, made in BitARG Trade by wa...

 

Yahoo Japan has gotten its palms on 40 p.c of a Tokyo-based cryptocurrency trade set to launch this fall.

The funding, made in BitARG Trade by way of a Yahoo Japan subsidiary provides the corporate a minority stake with BitARG guardian firm CMD Laboratories nonetheless sustaining 60 p.c possession of the trade. A supply instructed CNBC the deal went for about 2-Three billion yen or round $ 18-28 million.

In a translated announcement, BitARG mentioned the trade would profit from the “service operation and safety experience of the Yahoo Japan Group, which can make it simpler for patrons to arrange for the beginning of the trade service… and to enhance the operation after the graduation.”

Final month, Nikkei Asian Overview reported the deal was in progress, additional noting that Yahoo Japan deliberate to make use of BitARG’s expertise to launch its personal cryptocurrency trade in 2019.

Japan government, Toyota, Nissan to step up efforts on intelligent maps: Nikkei

 

Japan government, Toyota, Nissan to step up efforts on intelligent maps: Nikkei

Tokyo (Reuters) – The Japanese government and an auto giant Toyota Motor Corp., Nissan Motor Co. will join in an effort to develop smart cards by 2018, the Nikkei daily said, as competition heated up technology key for autonomous management to improve.

Japanese automakers, map-up companies, and the government will have to generate standardized smart cards, with plans to integrate driving data collected by the car manufacturers, the paper said yesterday.

would not comment a Toyota spokesman, while Nissan officials could not immediately be reached for comment.

The heart mapping systems provide information on self-drive cars equipped with a street-scan sensors to measure traffic control and road conditions.

German automotive supplier Bosch Friday said it is in talks with a high-definition digital mapping company HERE, research or to take an interest.

Volkswagen’s Audi, Daimler’s Mercedes Benz, BMW and auto parts supplier Continental is also working on technology for autonomous or semi-autonomous cars.

(Editing by Clarence Fernandez)