A senior Volkswagen AG China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified competition and weak demand. VW plans to increase the number of charging posts for electric vehicles in China to 17,000 by 2025, as it planned […]
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A bipartisan group of U.S. lawmakers reintroduced a bill to allow news organizations to join together to negotiate ad rates with tech giants such as Alphabet Inc’s Google. The measure would allow news broadcasters and publishers with fewer than 1,500 full-time workers to jointly negotiate ad rates — many of which face financial struggles. One […]
OpenAI has taken ChatGPT offline in Italy after the government’s Data Protection Authority on Friday temporarily banned the chatbot and launched a probe over the artificial intelligence application’s suspected breach of privacy rules. The agency, also known as Garante, accused Microsoft-backed OpenAI of failing to check the age of ChatGPT’s users who are supposed to […]
General Motors plans to phase out widely-used Apple CarPlay and Android Auto technologies that allow drivers to bypass a vehicle’s infotainment systems, shifting instead to built-in infotainment systems developed with Google for future electric vehicles. Apple CarPlay and Android Auto systems allow users to mirror their smartphone screens in a vehicle’s dashboard display. GM’s decision […]
Tesla Chief Executive Elon Musk is making plans to visit China as early as April and is seeking a meeting with China’s Premier Li Qiang, two people with knowledge of planning for the trip told Reuters. The exact timing of the visit is subject to Li Qiang’s availability, one of the sources said. Tesla and […]
In today’s digital age, the availability and reliability of telecommunications services are important to the functioning of modern societies. The impact of geopolitics on telecom infrastructure cannot be ignored. While it’s true that political tensions and conflicts can lead to advancement restrictions, disruptions and challenges in the telecom industry, they also drive a sense of […]
The White House on Thursday issued a plan officials say would substantially reduce the risk of another crisis in the banking industry, after U.S. banks failed and a Swiss lender needed a government rescue earlier this month. The plan, which can be accomplished by regulators with their existing powers, mostly would put stricter requirements on […]
Senate Energy Committee Chair Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on battery sourcing guidance for electric vehicle tax credits. “If it goes off the rails” and violates the intent of the climate legislation approved in August, “I will do whatever I can […]
The Philadelphia semiconductor index hit its highest level in nearly a year on Thursday, as optimism grows that a sales downturn in the industry has reached its nadir, in part due to a surge in artificial intelligence (AI) technology. The index climbed 1.6%, adding to a gain of more than 3% on Wednesday, and it […]
The criteria for new U.S. semiconductor subsidies is worrying companies such as Samsung Electronics Co Ltd and SK Hynix Inc, South Korean President Yoon Suk Yeol said on Thursday, a concern shared by the world’s leading contract chipmaker in Taiwan. Conditions include sharing excess profit with the U.S. government, and three industry sources said the […]