SU7, the first electric car marks Xiaomi’s breakthrough
Xiaomi has beaten everyone to the punch and unveiled SU7, which stands for Speed Ultra, the first electric car that will hit the market in the coming months. After the presentation…
Hedge funds hunt new ‘magnificent’ tech stocks
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds have reduced their exposure to the so-called Magnificent Seven stocks while increasing their allocation to other technology, media and telecommunications…
Honda considers $14 billion plan for EV production in Canada
By Divya Rajagopal and Juby Babu (Reuters) – Honda Motor Co is considering building an electric vehicle plant in Canada in a near-2-trillion-yen ($13.83 billion) project that could possibly include…
SpaceX illegally fired workers critical of Elon Musk, US labor agency says
By Daniel Wiessner (Reuters) – Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder…
Australia struggles to ditch SUV habit even as electric vehicle sales hit record
By Lewis Jackson SYDNEY (Reuters) – Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country’s automotive association, however light vehicle sales remained dominated…
Mega-cap companies saw strong gains in 2023 amid tech optimism
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Global mega-cap companies, led by the technology sector, posted solid gains in 2023, boosted by optimism over artificial intelligence, that inflation was…
Twitter/X, the predictable disaster of a guru who has lost his touch
A perfect disaster. There are no other words to define Twitter’s first year under Elon Musk‘s control, which has characterised the platform by the many changes it has made. First of…
China’s BYD to build new energy vehicle production base in Hungary
By Qiaoyi Li, Zhang Yan and Kim Miyoung BEIJING (Reuters) – Chinese electric vehicle giant BYD is to build a new energy vehicle production base in Hungary, it said on…
Mira Murati: AI with innovation and visionary Leadership
In the ever-evolving landscape of artificial intelligence, the names ChatGPT and DALL-E command attention, but behind the scenes, Mira Murati stands as a driving force at OpenAI as the Chief Technology Officer.…
Elon Musk: founding a new university to renew the method of study
Elon Musk is the most divisive figure in the hi-tech world, but there is no doubt that few people are as active as he is. The founder of Tesla and…