Tesla says it delivered 241,300 electric vehicles in the third quarter even as it wrestled with a global shortage of computer chips that has hit the entire auto industry. The Palo Alto, California, company’s sales from July through September beat Wall Street estimates of 227,000 sales worldwide, according to data provider FactSet. Third-quarter sales rose […]
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Facebook’s Ray-Ban smart glasses are about to face strong competition, as Chinese company Nreal has announced a new model of augmented reality (AR) glasses called Air. Nreal released its first AR glasses last year, called the Light mixed reality glasses. However, this new model boasts a lighter weight and looks more like an ordinary pair of sunglasses compared to its predecessor. Nreal also noted that the display has been greatly improved, adding the […]
Dutch semiconductor equipment manufacturer ASML could witness an astonishing rise in share value as the U.S. rigidifies its grip on Chinese manufacturing, leading to one of the company’s highest production and valuation by 2030, fulfilled by directing Europe’s semiconductor demand. Since its emergence in the semiconductor manufacturing scene, ASML has globally played a massive and […]
The United States and the European Union agreed Wednesday to carry on the work of 10 expert-level panels to explore and recommend solutions to a variety of trade disputes and challenges. During the first of two days of trade and technology talks in Pittsburgh, they instructed the working groups to continue deliberations on matters ranging […]
During an interview with journalist Kara Swisher at the Code conference, Microsoft’s CEO Satya Nadella came forward with new information regarding the negotiations that happened while trying to acquire TikTok. “It was the strangest thing I’ve ever worked on,” Nadella Said, describing his attempt to save the TikTok app in the U.S. and elsewhere after Donald Trump’s administration threatened to ban it. If you haven’t heard about Trump’s efforts in banning TikTok from the […]
As China sets the stage for its imperial influence on the market, representatives from Washington, and European Union (EU) will gather on Wednesday to address critical geopolitical, economic, and technological difficulties to fortify their alliance against Beijing’s determination of overtaking the digital market. As global forces suffer from a semiconductor shortage, the Trade and Technology […]
Prime Minister Justin Trudeau said Tuesday that Canada will decide within weeks whether to allow Chinese tech giant Huawei into the country’s next-generation 5G wireless networks and noted that major telecommunication companies have already started to remove Huawei from their networks. Canada and its security agencies have been studying whether to use equipment from Huawei […]
A computer-graphic-soaked advertisement featuring Australian actor and Hollywood heartthrob Chris Hemsworth beckons the world to Dubai’s upcoming Expo 2020, promising a “world of pure imagination” as children without facemasks race across a futuristic carnival scene. Reality, however, crashes into the frame in all capital-letters caption at the bottom of the screen, saying: “THIS COMMERCIAL WAS […]
In a move to fortify national security, the U.S. Federal Communications Commissions (FCC) finalized Monday its latest draft of a $1.9 billion program to endorse domestic and modest telecom carriers at the expense of extracting Huawei and ZTE’s Chinese influence in the American market. As the East and the West indulge in their personal vendettas, […]
In a regulatory maneuver to reel in Alibaba, the Chinese government asked the retail giant to submit some of its recently owned media assets, resulting in the company disposing of its 5 percent stake in its Chinese broadcaster, Mango Excellent Media Co Ltd. In March, following a thorough investigation into the tech giant’s media assets, […]