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Sony Seeks New Partners for Transformative EV Project - Executive

Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters. An ongoing shift to electric cars, which are easier to build than those with internal combustion engines, is allowing new […]

Netflix's weak subscriber forecast evaporates pandemic-fueled stock gains

Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020. Netflix projected it would add 2.5 million customers from January through March, less than half of the 5.9 million analysts had forecast. […]

Global Health Technology Platform - Proximie - Announces Partnership With Vodafone Business To Increase Access To Surgical Healthcare And Training

January 11, 2022: Proximie, the global health technology platform digitizing operating rooms around the world, announces a partnership with Vodafone Business. As part of Proximie’s mission to save lives by sharing the world’s best clinical practices, the new partnership will build on the existing relationship between the two companies bringing its world-class connected surgical care software together […]

Intel removes reference associated with Xinjiang Region

Chipmaker titan Intel has recently removed from an annual letter directed to suppliers information referenced to China’s Xinjiang region following criticism for demanding suppliers to steer clear from the region. Only last month, the U.S.-based company was criticized on social media platforms in China for the letter sent to suppliers – published on the company’s […]

India’s Foxconn iPhone facility to reopen Jan 12

Foxconn, Apple Inc’s supplier, announced it would reopen its iPhone facility on January 12, in Southern India, according to Reuters. Late Friday, Tamil Nadu Chief Minister M K Stalin informed the state assembly for the area that the plant will resume work on Wednesday of this week, according to K Selvaperunthagai, a member of the assembly. […]

Futures Mixed as Tech Stocks Still Weak, Banks Rally

U.S. stock index futures were mixed on Thursday, with economy-linked banking and energy shares leading gains, while interest rate-sensitive growth names remained under pressure from the Federal Reserve’s hawkish signals. The tech-heavy Nasdaq plunged more than three percent on Wednesday, its biggest one-day percentage drop since February, while the Dow slipped from an intra-day record […]

Tesla opens showroom in China’s Xinjiang region

In a region fraught with controversy, Tesla has opened a new dealership in China, Xinjiang, the same area where the Chinese government was accused of human rights violations against the Uyghur Muslim minority.  This move strangely comes just after U.S president Joe Biden signed the Uyghur Forced Labor Prevention Act to protect said minority from […]

Sony Looks to Electric Cars for its Next Big Hit

Japan’s Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc, comes as the Japanese tech giant is “exploring a commercial launch” of electric vehicles, […]