Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it’s spending to develop them. The automaker said in a presentation for investors Wednesday that it will add about $8 billion to its EV development spending from this year to 2025. That brings the total spend […]
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The messaging app WhatsApp has sued the Indian government seeking to defend its users’ privacy and stop new rules that would require it to make messages “traceable” to external parties. WhatsApp filed the lawsuit Wednesday in the Delhi High Court. It is arguing that the government rules regarding the traceability of messages are unconstitutional and […]
Shock and surprise were the predominant emotions bustling through ByteDance employees when their softly spoken founder Zhang Yiming announced that he will be stepping down as CEO of what has been described to be the world’s biggest unicorn. Zhang – a 38-year-old billionaire estimated by Forbes to have a net worth of $35.6 billion – […]
Android, the operating system lead by Google, is changing things up immensely. Their newest operating system, the Android 12 update, takes what users loved about the operating system to begin with and cranks it up to eleven, with a few extra features to boot. The three main pillars that Google focused on with their newest […]
The world’s largest truck and bus maker is charting an ambitious zero-emission future and says it’s not that far off – despite higher costs and the current lack of support infrastructure. Daimler AG’s truck division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025 and predicts that battery […]
Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]
Ireland’s health system struggled to restore computers and treat patients Tuesday, four days after it shut down its entire information technology system in response to a ransomware attack. Thousands of diagnostic appointments, cancer treatment clinics and surgeries have been canceled or delayed since Friday’s cyberattack. Authorities said hundreds of people were assigned to get crippled […]
The Serum Institute of India said Tuesday that it hopes to start delivering coronavirus vaccine doses to the U.N-backed effort known as COVAX and to other countries by the end of the year, a delay that will significantly set back global efforts to immunize people against COVID-19. India’s Serum Institute, the world’s biggest vaccine-maker and […]
Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]
Think of the most graphicly stunning, highest resolution video game you can. Now think of being immersed in such a fantasy world with a razor-sharp response time, exploring and playing with your friends with zero delays in connection. This is the world that 5G gaming technology is promising both players and esports audiences. With the […]