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Analytics & Data Finance Security & Privacy

The Fin-ternet of Things: Connecting Everything Means Rethinking Money

The coming world of the Internet of Everything means driverless cars making per-minute toll payments, lightbulbs that pick an energy vendor, IP royalties paid by devices themselves in real time, and investment decisions made by robo-advisors. This more efficient world will mean changes for banks, investment, and the way all of us live.   More

Government Manufacturing

Driverless Cars Debut Soon—But Will We Be Ready for Them?

Is operating a driverless car legal? With Tesla, Audi, and Cadillac all set to roll out vehicles featuring autonomous functions over the next year—in a legal climate where the federal government and a majority of states lack any regulation at all—the question is difficult to address, but urgently demands an answer. Many automakers say that if a state doesn’t expressly bar hands-free driving, it’s permitted. And legal experts agree. But they also point out that how police officers elect to actually handle driverless cars is another matter.   More

Global Tech

Smart Car Race Speeds Up in China

China is quickly living up to its copycat reputation in the smart car space, with the latest word that Tencent will enter the business in a tie-up with Taiwanese contract manufacturing giant Foxconn. That pair are following Google into the area, but they certainly aren’t the first Chinese to mimic the world’s largest Internet company. That distinction would probably go to Chinese Internet search leader Baidu, which last year announced its own smart car initiative that was also back in the headlines this week as CEO Robin Li discussed the plan. Yet another similar initiative is also in the headlines today, as online video sensation LeTV discussed its own plans to show off its first smart car at the Shanghai auto show next month. This kind of copycatting and bandwagon mentality has become all too common among China’s Internet companies, who all worry about getting left behind by the competition.   More