Author: Vitaliy Dadalyan

U.S. probes air bag failures in deadly Hyundai, Kia car crashes

U.S. probes air bag failures in deadly Hyundai, Kia car crashes

The U.S. National Highway Traffic Safety Administration said on Saturday it is opening a probe into why some air bags failed to deploy in Hyundai and Kia vehicles after crashes in which four people were reportedly killed and another six injured. The agency said it was reviewing 425,000 2012-2013 Kia Forte and 2011 Hyundai Sonata cars. It also said it will determine if any other manufacturers used similar air bag control units and if they posed a safety risk.


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Major $3 Billion Discount Airline AirAsia Mulls ICO

Discount airline AirAsia is mulling an initial coin offering (ICO) to help finance its expansion into the financial services industry. $3 Billion Discount Airline AirAsia Mulls ICO Speaking with TechCrunch, AirAsia CEO Tony Fernandes laid out a plan for the $3 billion company to develop a proprietary cryptocurrency that could replace its current “Big Loyalty”


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