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Tesla Exceeds Wall Street Expectations in Q4 Deliveries

Elon Musk’s Tesla Inc revealed on Sunday its quarterly deliveries, marking a new reported record, exceeding Wall Street expectations as the globe battles through a semiconductor crisis. For Tesla, this signaled a six consecutive quarter following its report highlighting its high record deliveries. The electric vehicles (EV) company supplied in its fourth-quarter 308,600 cars, surpassing […]

Asia stock markets mixed after Wall St high, virus surge

Asian stock markets were mixed Thursday after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record. Tokyo and Seoul declined while Shanghai and Hong Kong advanced. Wall Street gained Wednesday for its 70th record high of 2021. Optimism was tempered by data showing new U.S. virus cases have risen […]

T-Mobile Suffers from Another Cyber Threat Exposing SIMs and Info

T-Mobile reported on Tuesday yet another cyber threat where criminals accessed “a small number of” users’ accounts, following a devastating data breach dating back to August 2021. The T-Mobile’s report revealed how the telecom operator noticed “unauthorized activity” on some accounts, where hackers gained access to view customer proprietary network information (CPNI), “an active SIM […]

Riot Games to pay $100 million settlement for sexual harassment lawsuit

Riot Games revealed on Monday a final agreement to pay $100 million as a settlement to a gender-based discrimination class-action lawsuit going back to 2018. The lawsuit concerns California state agencies, alongside existent and former female employees working in the California-based gaming titan. According to the video games developer, the company is willing to finalize […]

Asian shares mixed as omicron worries crimp market optimism

Asian shares rose Tuesday, although optimism set off by a rally on Wall Street was dampened by concerns over the potential impact of the omicron variant of the coronavirus. Japan’s benchmark Nikkei 225 jumped 1.4% to finish at 29,069.16. South Korea’s Kospi gained 0.5% to 3,015.63. Hong Kong’s Hang Seng recouped early losses to edge […]

Artists, crypto exchanges use NFT to fund and promote gender equality

Non-Fungible Tokens’ (NFT) fame is exponentially growing, with various artists and cryptocurrency exchanges adopting the decentralized innovation to release blockchain-based fundraising campaigns to promote gender equality. The hype around NFTs has taken a different turn, with artists worldwide adopting the technology to break the societal wealth gap – or at least try to – in […]

EXPLAINER: What caused Amazon's outage? Will there be more?

Robotic vacuum cleaners wouldn’t start. Doorbell cameras stopped watching for package thieves, though some of those deliveries were canceled anyway. Netflix and Disney movies got interrupted and The Associated Press had trouble publishing the news. A major outage in Amazon’s cloud computing network on Dec. 7 severely disrupted services at a wide range of U.S. […]

Intel apologizes for asking suppliers to avoid Xinjiang

Intel Corp. apologized Thursday for asking suppliers to avoid sourcing goods from Xinjiang after the chipmaker became the latest foreign brand to face the fury of state media regarding the region, where the ruling Communist Party is accused of widespread abuses. The company, in a statement on its social media account, said the reference to […]

China defends science exchange program following US arrest

China on Wednesday defended its international scientific exchange programs in the wake of the conviction of a Harvard University professor charged with hiding his ties to a Chinese-run recruitment program. Foreign Ministry spokesperson Zhao Lijian said China manages such exchanges along the same lines as the U.S. and other countries. U.S. agencies and officials should […]