Noteworthy News – Jan. 11, 2017

More autonomous technology is being developed for commercial trucks, new information security technology has emerged to help businesses mitigate risk and Canadians could be spending up to $1600 more annually due to inflation. Stay in the know with our compilation of top stories that could have an impact on your company or your industry. Here’s this week’s Noteworthy News:

Noteworthy News – January 11, 2017

  1. Another company has thrown its hat into the autonomous driving ring. ZF Friedrichshafen AG, a German car parts manufacturer, announced that they’re working to develop artificial intelligence technology to enable further development of autonomously driven commercial trucks. Via Trucking News.
  2. Information security company Trustwave has introduced new transaction laundering detection (TLD) technology that can help businesses mitigate associated risk. The new service can help businesses combat illegal and undisclosed e-commerce transaction aggregation. Via Canadian Underwriter.
  3. Following the arrests of two employees, Volkswagen announced that they’re in talks with the United States authorities over a proposed settlement in the diesel emissions scandal. Should the settlement pass, the German automotive manufacturer is looking at $4.3 billion US in criminal and civil fines. Via CBC News.
  4. The price of living expenses are going up again in 2017 and could cost Canadian families up to $1600 more a year in groceries and gas. Other costs on the rise in the face of inflation are automotive, healthcare, education and mortgage rates. Via Global News.
  5. When the Liberal government first proposed the idea of an “internet tax”, it sparked a great deal of controversy. More recently, it’s prompted a petition with over 26,000 signatures calling on Ottawa to remove this idea from the table. Via the Toronto Star.

This blog is provided for information only and is not a substitute for professional advice. We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out of reliance on the information.

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