Mexico Becomes Hotspot for Chinese Cars Sparking U.S. Fears
Chinese electric vehicle (EV) makers have found a burgeoning market in Mexico, turning the country into a key destination for their high-tech cars amid U.S. trade restrictions. This shift has…
OpenAI, Adobe and Microsoft Back California’s AI Content Labeling Bill
OpenAI, Adobe, and Microsoft have shown support for a California bill, AB 3211, which would require tech companies to label AI-generated content with watermarks, according to letters obtained by TechCrunch.…
Samsung SDI, GM Agree on $3.5 Billion EV Battery Facility in US
Samsung SDI, a South Korean battery maker, has finalized an agreement with General Motors (GM) to build a joint electric vehicle (EV) battery factory in Indiana, USA. The two companies…
Lyft Now Offers Pet Rides to Make Traveling with Pets Easier
Lyft has introduced a new feature called “Pet Rides,” which allows passengers to bring their pets along while using the ride-hailing service. This feature, launched in conjunction with National Dog…
All Eyes on Nvidia as Critical Earnings Report Approaches
Nvidia, the leading chipmaker, has become a critical focus in the tech industry, labeled by some as the world’s “most important stock.” This heightened attention is largely due to its…
Luca Maestri Steps Down as Apple CFO Next Year
Apple announced today that Chief Financial Officer Luca Maestri will step down from his role at the beginning of next year, transitioning to lead Apple’s corporate services team. Kevan Parekh,…
Huawei’s Autonomous Driving System to Power BYD’s New Off-Road Electric SUVs
Chinese electric vehicle manufacturer BYD has reached an agreement with Huawei to incorporate Huawei’s advanced autonomous driving technology into its off-road Fangchengbao electric vehicle lineup. According to a statement from…
Uber Faces Record €290 Million Fine Over Data Transfer Violations
Uber has been fined €290 million ($324 million) by the Dutch Data Protection Authority (DPA) for improperly transferring European driver data to the United States without adequate safeguards. This is…
Ikea Tests Secondhand Marketplace in Madrid and Oslo
Ikea is conducting a trial of its secondhand furniture marketplace, Ikea Preowned, in Madrid and Oslo, offering a new way for customers to buy and sell used Ikea items online.…
India’s AI Startups Introduce Affordable Voice Bots Nationwide
Executives from Alphabet Inc.’s Google DeepMind, Microsoft Corp, and Meta Platforms Inc recently gathered in Bangalore with tech founders to witness Sarvam AI, one of India’s leading AI startups, introduce…
Chinese Electric Vehicles Face 100% Tariff in Canada
Canada announced it will impose a 100% tariff on Chinese electric vehicles (EVs), starting October 1, aligning with similar moves by the United States and European Union. This measure will…
Nvidia Partner Introduces Technology to Halve Data Center Energy Use
Nvidia partner Sustainable Metal Cloud (SMC) claims its innovative cooling technology can cut data center energy usage by up to 50% as the artificial intelligence (AI) boom drives demand for…
Swiggy Plans $15 Billion Valuation with Major IPO Move
Swiggy, a prominent Indian food delivery company backed by SoftBank, is planning to pursue a valuation of approximately $15 billion for its upcoming initial public offering (IPO), aiming to raise…
European Union Cuts Tariffs on China-Made Tesla EVs and Other Chinese Vehicles
The European Union announced on Tuesday that it would significantly reduce the planned tariffs on electric vehicles imported from China, offering a notable decrease for Tesla’s China-made EVs. Initially set…
China Mobile Backs Honor with Strategic Investment
Chinese smartphone maker Honor has announced an investment from China Mobile’s parent company as it prepares for an initial public offering (IPO). The investment amount remains undisclosed. Formerly a unit…
X Employees Must Prove Their Worth for Stock Grants
Elon Musk has introduced a new requirement at X (formerly Twitter), mandating employees to submit a one-page report detailing their contributions to the company to receive their stock grants. An…
Google Wallet Now Supports California Digital Driver’s Licenses
California has expanded its digital ID pilot program, allowing Android users to add their driver’s licenses to Google Wallet. Previously, digital IDs were available only through the state’s “CA DMV…
Microsoft Plans Cybersecurity Summit After CrowdStrike System Crash
Microsoft is scheduled to hold a cybersecurity summit on September 10 at its headquarters in Redmond, Washington, to address issues following a major outage caused by CrowdStrike, as shared in…
Meta and Spotify CEOs Criticize EU AI Regulations as Stifling Innovation
Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have expressed concerns over the current European regulations on open-source artificial intelligence (AI), suggesting that these rules could hinder Europe’s progress…
Beijing Robot Conference Showcases Humanoid Competition for Tesla’s Optimus
Tesla’s Optimus robot faced strong competition at the World Robot Conference in Beijing, where Chinese companies showcased their latest advancements in humanoid robotics. While Tesla’s Optimus remained motionless inside a…