US smart cities technology and media firm Intersection has formally announced that it has received $150m in a recent funding round which was led by US conglomerate Graham Holdings Company. New investors Arrow-Mark Partners and New-Spring also invested. The strategic plan behind the financing round is to accelerate the deployment of its smart city technology on a global scale.
Finance & Policy NA
The United States Federal Communications Commission has urged Apple to activate the FM (frequency modulation) chips that are in iPhone to promote public safety. Commission Chairman Ajit Pai released a statement applauding those companies that have "done the right things" by activating FM chips in their phones in light of natural disasters hammering the country.
A report formed to establish which cities in the United States were the 'smartest' - has found that New York, Los Angeles and Chicago are the country's leading 'smart cities'. The report examined smart cities in North America and the research was conducted by ABI Research.
US president Donald Trump's administration has announced that it will unveil its revised guidelines on self-driving regulations early next week, following pressure from leading US car manufacturers who had requested the government to relax and eliminate legal barriers that prevented automakers from putting autonomous vehicles on public roads.
Washington DC has been awarded a global award for its outstanding leadership in energy, sustainability and environmental design. The US capital achieved its sustainability targets under the 'Smarter DC' program - and it now becomes the first ever recipient of the LEED Cities Platinum award.
Page 6 of 10