A California Tesla owner filed a potential class action lawsuit against the electric vehicle manufacturer on Friday, accusing it of violating its clients’ privacy. The
Category: WORLD NEWS
Baidu files lawsuit against Apple, App Developers over fake Ernie Bot Apps.
Due to phony versions of its Ernie bot software being offered on Apple’s app store, Chinese search engine giant Baidu has launched lawsuits against “relevant”
IRS to spend $80b largesse on improved operations, audits of wealthy, not armed agents with guns.
The IRS provided information on how it intends to use the $80 billion injection for better operations on Thursday, promising to invest in new technology,
Tesla cuts prices on all models for the 5th time this year as sales growth falls short.
For the fifth time this year, Tesla slashed prices across the board for all of its U.S. electric vehicle models in an apparent bid to
U.S. – China Tech war triggers $500m Chinese subsea internet cable.
A $500 million undersea fiber-optic internet cable network connecting Asia, the Middle East, and Europe is being developed by state-owned Chinese telecom companies to compete
The multi-trillion dollar decarbonization industry may surpass the oil industry in 10 years. – Exxon.
According to CEO Darren Woods, Exxon Mobil Corp.’s Low Carbon division could surpass the company’s regular oil and gas operations within ten years and provide
AI supercomputer is faster and greener than the Nvidia A100 chip. – Google.
Google, a subsidiary of Alphabet Inc., provided fresh information on its supercomputers on Tuesday, claiming that they are quicker and more energy-efficient than equivalent systems
The banking crisis highlights capital and liquidity concerns in view of rising interest rates. – EU watchdog.
Following recent industry instability, banks in the European Union must be “cautious” with dividends and other payouts and concentrate on maintaining healthy cash reserves, the
Rising interest rates have propelled a distressed debt cycle. – SVP
A distressed debt cycle, in which the number of businesses with excessive debt loads or refinancing issues increases, is already in effect and is expected
Virgin Orbit files for bankruptcy after a failed mission.
Following a failed flight this year and increasing difficulty in securing finance for upcoming missions, Richard Branson’s Virgin Orbit has decided to seek Chapter 11