The Microsoft layoffs come a little more than three months after the company closed on its acquisition of video game maker Activison Blizzard.
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January 26, 2024January 26, 2024Technology
Tesla plans to build new electric vehicles in mid-2025
Reuters exclusively reported that Tesla (TSLA.O), opens new tab has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025. The post Tesla plans to build new electric vehicles in mid-2025 appeared first on Reuters News Agency.
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January 26, 2024January 26, 2024Technology
Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers
Companies including BYD, Nio and Xpeng have expanded sales outside of China in the last two years, looking to take on established automakers, including Tesla.
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January 25, 2024January 25, 2024Technology
Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security
Binance founder Changpeng “CZ” Zhao wanted to travel to his home in the United Arab Emirates for the “hospitalization and surgery” of a person in his life.
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January 25, 2024January 25, 2024Technology
Amazon’s Ring will stop allowing police to request doorbell video footage from users
Ring plans to discontinue its “Request for Assistance” tool, which allowed law enforcement to submit requests for users’ footage in the Neighbors app.
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January 25, 2024January 25, 2024Technology
Meta passes $1 trillion in market cap
Meta’s market cap closed above $1 trillion Wednesday, hitting the trillion-dollar mark for the first time since 2021.
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January 25, 2024January 25, 2024Technology
IBM shares rise after earnings top estimates in ‘uncertain, volatile’ economy
IBM ended the year with more than $11 billion in free cash flow, more than it had been projecting, due to acceleration in distributed infrastructure.
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January 25, 2024January 25, 2024Technology
HPE hacked by same Russian intelligence group that hit Microsoft
Hewlett Packard Enterprise said its cloud-based email system was compromised by the state-sponsored actor known as Cozy Bear, which also hacked Microsoft.
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January 24, 2024January 24, 2024Technology
China’s military and government acquire Nvidia chips despite US ban
Reuters exclusively reported that Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased small batches of Nvidia (NVDA.O), opens new tab semiconductors banned by the U.S. from export to China. The post China’s military and government acquire Nvidia chips despite US ban appeared first on Reuters News Agency.
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January 24, 2024January 24, 2024Technology
EU investigators to inspect China’s BYD, Geely and SAIC in EV probe
Reuters exclusively reported that European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers. The post EU investigators to inspect China’s BYD, Geely and SAIC in EV probe appeared first on Reuters News Agency.