Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology. The news of the deal triggered a rally in Tesla’s stock, driving the carmaker’s market value over the $1 trillion mark […]
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U.S. Big Tech legion seems to be torn between two economic powerhouses. In a battle for dominion between the East and the West, Big Tech companies are forfeiting from the Chinese market to prevent getting caught in the conflict, except for Apple, according to the BBC. Last week, Microsoft announced news of shutting down its professional […]
Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising that Europe will have to ration electricity if it’s a cold winter. The world is […]
Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day. Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivaling the world’s most valuable company, Apple, and have amassed more than 200 million users. At that size, it’s simply too big for the financial […]
TAIPEI, Taiwan (AP) — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. […]
Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok. A flood of videos last year showed people biting into the fruit gummies’ plastic casing, squirting artificially-colored jelly from their mouths. Store staffers at […]
The Chinese tech crackdown to reign in the industry’s firms has reached a new frontier, U.S. Big Tech. As China ups its regulatory game on tech firms, American sweetheart, Apple, has always managed to avoid being caught in the crossfire by striving to preserve a sharp image with Chinese authorities. With President Xi Jinping launching […]
Russia accounted for most state-sponsored hacking detected by Microsoft over the past year, with a 58% share, mostly targeting government agencies and think tanks in the United States, followed by Ukraine, Britain and European NATO members, the company said. The devastating effectiveness of the long-undetected SolarWinds hack — it mainly breached information technology businesses including […]
ByteDance plans to globally emerge into the e-commerce industry by leveraging TikTok, to launch an international shopping platform, attracting merchants and consumers taking on Amazon. The Beijing-based company proved itself as a force to be reckoned with as it expands its influence over a diversified multitude of platforms, and its latest tactic to overtake Amazon’s […]
As supply-chain shortages continue to extend into 2022 due to COVID-19, chip manufacturing giants are exhibiting what the future could hold, and it won’t include the same price list pre-pandemic. While the ongoing chip shortage managed to reconcile its situation, the same cannot be expressed about its pricing list. The state of the semiconductor industry […]