Business - Page 264

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Deutsche Telekom is selling vehicle navigation patents via online auction

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Deutsche Telekom (DT) is selling a comprehensive portfolio of patents relating to smart vehicle navigation systems. The DT Navigation Portfolio will be offered exclusively through a trusted intermediary, Innovative Auctions, in an online auction process carefully designed to preserve bidder anonymity. The auction is targeted to take place in early December 2020.

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Commission disburses €17 billion under SURE to Italy, Spain and Poland

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The European Commission has disbursed a total of €17 billion to Italy, Spain and Poland in the first instalment of financial support to Member States under the SURE instrument. As part of today's operations, Italy has received €10 billion, Spain €6 billion, and Poland €1 billion. Once all SURE disbursements have been completed, Italy will

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Tesla recalling 50,000 cars in China

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Tesla is recalling up to 50, 000 of its Model S and Model X electric vehicles, which were made in the U.S. and sold to customers in China, over potentially faulty and unsafe front and rear suspensions.

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