The working and efficiency of a new supercharger equipment developed and installed at its Berlin research campus was demonstrated by managers of the United States based electric car maker Tesla Inc on Thursday. The company said that more target cities were being looked at by it to attract potential buyers for this technology who are…
According to a report from Bloomberg citing sources with knowledge of the matter at hand, property technology startup Opendoor, is holding advanced talks to go public through a merger with blank-check company Social Capital Hedosophia Holdings Corp. The report states, Social Capital is negotiating with prospective investors to raise fresh equity to help fund its…
In a development that marks the setting up of infrastructure for electric vehicles, managers at Tesla demonstrated a new supercharger in a research campus at Berlin saying, they were looking to target more cities to install electric vehicle charging infrastructure to increase the traction of EVs for potential buyers. “Now, as part of our commitment…
With plans for making an investment in the United States worth $1.1 billion, British Petroleum (BP) is now venturing into the arena of offshore wind power for the first time. A 50 per cent stake in Equinor’s Empire Wind and Beacon Wind projects on the east coast of the United States will be acquired by…
Following uproar over the link of the Walt Disney film of “Mulan” having links with the Xinjiang region, major media outlets have been ordered by Chinese authorities not to cover the release of the film, said reports quoting information from sources. High hopes for the film making bog in China had been pinned by Disney…
France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…
Reviewing the ID.3, Volkswagen’s new electric car offering, Germany’s Auto Motor und Sport said, it falls short of the carmaker’s usual standards of fit and finish; also it had a limited operating range. The review comes ahead of the launch of the ID.3 “The inner side of the hood looks like it was painted with…
Portland has voted for the first ever ban on facial recognition in the United States in private entities, including restaurants and retail stores, as well as in public places in the city. Portland’s city council voted to ban local government bureaus from acquiring or using facial recognition surveillance technology. Other U.S. cities which have previously…
A new research has found that in addition to the Amazon rainforest in Brazil, the phenomenon of trees live fast and die young as it happens in the warm climatic regions happens across all latitudes. And according to the new research, this trend can spell bad news for tackling the global climate crisis. Warmer conditions…
Global economic growth for the rest of the current century could be lower by 1.5 per cent on the average because of the interruption to children’s schooling in the wake of the novel coronavirus pandemic, warned the Organization for Economic Cooperation and Development. For the United States, this projected loss of gross domestic product, which…
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