article thumbnail

Volkswagen bringing new board member for Integrity and Legal Affairs over from Daimler

Green Car Congress

Christine Hohmann-Dennhardt, currently Member of the Board of Management of Daimler AG for Integrity and Legal Affairs, will move to Volkswagen AG in 2016 as Board Member for Integrity and Legal Affairs. She will join the Volkswagen Group as of 1 January 2016 as the Board Member for Integrity and Legal Affairs.

Legal 150
article thumbnail

Honda begins joint research with Boston University in information security for AI; secure MPC

Green Car Congress

Honda Research Institute (HRI), a Honda R&D subsidiary, and Boston University have agreed to begin joint research in the area of data security and privacy for artificial intelligence (AI) research. A first research project will investigate data privacy control using a technology called secure multi-party computation (MPC).

Boston 150
article thumbnail

Elon Musk’s xAI highlights societal impact with Nevada incorporation: report

Teslarati

Elon Musk’s AI startup, xAI, has been incorporated in Nevada as a benefit corporation. ” xAI also noted that it is guided by its mission to “advance our collective understanding of the universe.” By doing so, the company would be able to prioritize societal and environmental impact in its operations.

Nevada 135
article thumbnail

Does planting trees generate sufficient carbon credits?

Innovation News Network

A new method developed by the University of Copenhagen and NASA accurately determines how effective planting trees is for offsetting carbon emissions. In order to somewhat counteract the CO2 emissions they produce, various major corporations globally purchase what are known as carbon credits.

Carbon 52
article thumbnail

Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. Ovonyx holds the patents in, and is pursuing the commercialization of, phase-change random access memory (PCM or PRAM), also known as Ovonic Universal Memory (OUM).

article thumbnail

Bank of America joins Stanford’s Global Climate & Energy Project

Green Car Congress

Bank of America’s member on the GCEP management committee will be James Mahoney, the bank’s corporate communications and public policy executive. GCEP, founded 11 years ago, supports research not only at Stanford, but also at universities around the world. All of humankind needs energy that is reliable, cleaner and more affordable.

Climate 218
article thumbnail

Tesla’s Chief Accounting Officer sells over 4,450 shares for nearly $3M

Teslarati

Previously, he was the Vice President and Corporate Controller for SolarCity, the solar panel manufacturer that Tesla absorbed in 2016 for $2.6 A graduate of Delhi University in India, Taneja was also an attendee of the Institute of Chartered Accountants of India and is a Certified Public Accountant.

India 144