Search results for "ai"

Mercedes-Benz completes 1,000 km Electric Drive on Energy-Efficient Design

Mercedes-Benz aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles), its chief technology officer (CTO) said on Thursday, a third more efficient than the current average for electric cars. Speaking as the carmaker celebrated the successful test drive of its EQXX prototype vehicle over more […]

Wall Street Surges in Growth Stocks Rally; Earnings Season Opens

Wall Street rallied to end sharply higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results. Falling U.S. Treasury yields helped the tech-heavy Nasdaq lead all three major U.S. stock indexes higher, with semiconductors outperforming the broader market. The Nasdaq jumped […]

KKR to Buy Cybersecurity Firm Barracuda from Thoma Bravo in Deal Worth about $4 Billion

KKR & Co Inc said on Tuesday it plans to buy cybersecurity firm Barracuda Networks from its private equity owner Thoma Bravo, highlighting continued interest in cybersecurity businesses from buyout firms. The announcement, confirming an earlier Reuters report, did not disclose financial terms. Sources who requested anonymity said the deal valued California-based Barracuda Networks at […]

How to Get on Spotify User Generated Playlist?

To any music fanatic out there, such as myself, you’ve definitely heard of Spotify; I mean, who hasn’t. The platform is recognized by its algorithm that delivers artists every means to harness and reach the right audience. Artists are seeking one objective and one goal only: having a user press that small heart-shaped button that […]

Nokia to Stop Doing Business in Russia

Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said on Monday it was indefinitely suspending its business in the country. Hundreds of foreign companies are cutting ties with Russia following its Feb. 24 invasion of Ukraine and after Western sanctions […]

Honda to Spend $64 Billion on R&D as it Revs up Electric Ambitions

Japan’s Honda Motor Co Ltd said on Tuesday it plans to spend $64 billion on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030. Its goals also include producing some 2 million electric vehicles a year by 2030. The strategy marks a […]

Fashion and Wearable Technology Morph the Culture of Style

As much as we like to believe that the tech industry has taken the world by a swift, it seems that we cannot prospect the extent to which this not-so-newly-risen industry has reached. Hitting different fields, from medicine, transport, entertainment, and much more, technology is overtaking the world and stretching towards the fashion industry. The […]

How to Avoid an NFT Rug-Pull Scam

If you are going into the Non-Fungible Token (NFT) space as an investor or interacting on the internet for the past few years, you know that the NFT space is full of scams.   For those new to the term, rug pulls are NFT projects that promise big and disappear with investors’ money. Whether you believed […]

China's CATL Enacts 'Closed Loop Management' at Factory to Fight COVID

Chinese battery giant Contemporary Amperex Technology has implemented a so-called “closed-loop management” system at its main factory to keep production going as the country battles an Omicron wave of the coronavirus. The southern Chinese city of Ningde, where CATL is headquartered, has tightened prevention and control efforts because of a spate of COVID-19 cases, the […]