Elon Musk Says Apple is ‘Fully’ Advertising on Twitter Again
Elon Musk said Apple Inc. has “fully resumed” advertising on Twitter Inc., further reducing a war between two of the world’s most influential tech companies. Musk made the comments during a Twitter Spaces conversation on Saturday, adding that Apple is the biggest advertiser on the social network. The billionaire, who gave no further details about […]
China’s BYD to Launch Electric Vehicles in Mexico Next Year
Chinese electric vehicle maker BYD announced it will launch its cars in Mexico next year, with a senior executive setting its sales target at up to 30,000 vehicles by 2024. Next year, BYD will start selling all-electric versions of its Tang sport utility vehicle (SUV) alongside its Han sedan through eight dealerships across Mexico, the […]
Korea’s Media Shares Rise as China Resumes Online Streaming
Shares of South Korean companies that produce or distribute dramas and movies rose as China resumed streaming Korean films after a six-year ban, spurring hopes that more content will be allowed. Film distributor and producer Showbox Corp. soared as much as 26% on Wednesday, prompting a brief interruption of trading due to large stock price […]
New Delhi Gives Itself Power Over Social Media Content Moderation
The Indian government has announced changes to its information technology rules. All rules that will apply to social media companies are a move that is likely seen as holding back big tech companies. It would be under the amended rules. It was announced on Friday. A government panel will be formed to hear user complaints. […]
Elon Musk Takes Over Twitter in $44 Billion Deal
Elon Musk has officially taken control of Twitter after finalizing a $44 billion deal to buy the social network. In one of his first decisions at the helm of the social media giant, Musk, the world’s richest man, fired three top executives, including CEO Parag Agrawal, several U.S.-based media outlets reported Thursday, citing people familiar […]
New NASA Instrument Detects Methane ‘Super-Emitters’ from Space
NASA scientists, using a tool designed to study how dust affects climate, have identified more than 50 methane-emitting hot spots around the world, a development that could help combat the potent greenhouse gas. NASA said Tuesday that its Earth Surface Mineral Dust Sources (EMIT) Investigation had identified more than 50 methane “super-emitters” in Central Asia, […]
Electric Car Battery Maker CATL Sees Up To 200% Jump in Profits
Contemporary Amperex Technology Co Ltd. expects its net income to rise to as much as 9.8 billion Yuan ($1.4 billion) in the third quarter, as the largest maker of electric vehicle batteries benefits from strong sales to the auto industry. CATL, which is investing heavily in expanding its production capacity, predicted a profit jump of […]
Apple Ditches Increase in iPhone Production After Demand Falters
Apple is backtracking on its plans to ramp up production of its new iPhones this year. An anticipated spike in demand failed to materialize, according to people familiar with the matter. The US tech giant has told suppliers to pull out of efforts to increase the assembly of the iPhone 14 product family. Efforts to […]
Texas Social Media Law on Web Censorship Upheld by Federal Appeals Court
A federal appeals court has upheld the validity of a Texas social media law that companies like Meta Platforms Inc. and Twitter Inc. say will prevent them from blocking hate speech and extremism. The U.S. Court of Appeals for the 5th Circuit in New Orleans on Friday lifted a lower court order that had prevented […]
Land Rover Marks 75th Anniversary with £85,955 Defender
A limited-edition Land Rover Defender has been launched to mark 75 years of the iconic British brand. Land Rover Defender has been established with unique paint and is priced at £85,995. A cosmetic reworking of the current Defender, the Defender 75th Limited Edition will be launched three-quarters of a century after the legendary Land Rover […]