In a single Internet minute, we send over 20 million texts, 200 million emails, and watch 28,000 movies. And this enormous amount of activity looks set to grow exponentially, by about 23 percent year-on-year. This means that in 2024 we will add as much data as the whole world was using in 2018. How are […]
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The U.S. Energy Department on Monday announced it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help finance construction of new lithium-ion battery cell manufacturing facilities. The conditional commitment for the loan to Ultium Cells LLC for facilities in Ohio, Tennessee, and Michigan is expected to […]
Ford Motor Co on Thursday said it will import lower-cost lithium iron batteries for its North American electric pickup trucks and SUVs from Chinese battery champion CATL, as it works on a broader alliance with CATL and an array of separate deals to secure battery and battery materials into the next decade. Ford Vice President […]
Flexibility will be Key to Keeping your Next Cohort of Colleagues Happy Watch out — Gen Z is about to take over the office. Born between 1997 and 2012, the new generation of employees is entering the workforce. And they’re causing quite a stir. Favouring a better work-life balance over typical priorities, like salary, businesses […]
Google faces a London trial over an estimated 920-milion-pound ($1.1 billion) damages claim after a court authorised a lawsuit that alleges the Alphabet-owned tech giant overcharged 19.5 million customers for app store purchases. The class action, which was certified by the Competition Appeal Tribunal on Monday, alleges Google abused its dominant position by charging up […]
Whether making Cryptocurrency legal in India or not is still up for debate, but the Supreme Court asked the government to be very clear about its position. The national government is drafting a bill to control cryptocurrencies and other digital assets in India. In the Union Budget 2022, Finance Minister Nirmala Sitharaman announced that the […]
The DeLorean Motor Company (DMC) announced, almost a year ago, in early 2021, hopeful news for Back to the Future fans. The Texas-based company which owns the copyrights to the DeLorean name teased its fans about the potential of releasing a new electric vehicle (EV) stamped with the same name as the Back to the […]
Feeling the Pinch? The rising cost of living is difficult to avoid. April 2022 saw food prices increase by 6.7 per cent, the highest petrol prices on record and inflation rise to a staggering nine per cent. As millions of customers see their mobile tariffs soar, Ross Slogrove, UK country manager at cloud calling specialist Ringover reveals […]
The EU deal to phase out combustion engine cars in just over 12 years is challenging, but a more daunting obstacle will be making enough batteries to power the electric cars needed as a result, a senior Volkswagen executive said on Wednesday. The comment was made after European Union countries clinched deals on proposed laws […]
Construction is due to begin on Wednesday on what could become the world’s biggest plant to capture carbon dioxide from the air and deposit it underground, the company behind the nascent green technology said. Swiss start-up Climeworks AG said its second large-scale direct air capture (DAC) plant will be built in Iceland in 18-24 months, […]