Tag Archives: technology
India’s Vedanta to take over Foxconn chip JV from holding co
BENGALURU (Reuters) - India's metals-to-oil conglomerate Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan's Foxconn that was set...
Jul 07, 2023
Mercedes-Benz to access Tesla Superchargers in N.America from 2024
(Reuters) -German automaker Mercedes-Benz said on Friday its drivers will get access to more than 12,000 Tesla Superchargers in North America from 2024. The company will integrate the North American C...
Jul 07, 2023
Tesla rolls out global customer referral program as EV price war heats up
(Reuters) -Electric-vehicle maker Tesla rolled out a new program globally allowing buyers to earn extra incentives through referrals from existing customers, a strategy long used by traditional automa...
Jul 07, 2023
China fines Ant 7.1 billion yuan
BEIJING (Reuters) - China's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group. Reuters reported earlier on Friday that the People's Bank of China (PBOC), which ...
Jul 07, 2023
Fisker misses second-quarter production target due to parts shortage
(Reuters) - Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup disclosed on Friday, sending its shares down 2% in premarket trading....
Jul 07, 2023
China’s Xi urges greater innovation amid tech curbs from US
BEIJING (Reuters) - China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States in...
Jul 07, 2023
EU and Belgium invest $1.6 billion in chip technology firm Imec
BRUSSELS (Reuters) -The European Union and Belgium's regional Flemish government will together invest 1.5 billion euros ($1.6 billion) in Belgian chip technology firm Imec, the Flemish government said...
Jul 07, 2023
Malaysia PM Anwar to meet Elon Musk to discuss investments
KUALA LUMPUR (Reuters) - Malaysia's Prime Minister Anwar Ibrahim on Friday said he will meet Elon Musk, CEO of Tesla and owner of Twitter, to discuss the billionaire's investment in the Southeast Asia...
Jul 07, 2023
India cenbank looking to enhance fintech regulations – deputy Rabi Sankar
MUMBAI (Reuters) - The Reserve Bank of India (RBI) is working on regulations that will be more "developmental" for financial technology, or fintech, companies, a deputy governor of the central bank sa...
Jul 07, 2023
China’s Alibaba unveils AI image generator to take on Midjourney and DALL-E
By Josh Ye HONG KONG (Reuters) - Alibaba Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form, as it ramps u...
Jul 07, 2023
