Tesla’s CEO Elon Musk has been quoted by the Telegraph as saying, he is concerned over Nvidia Corp’s planned acquisition of British chip designer Arm since it could impact competition. Telegraph’s report also mentions that Amazon.com Inc and Samsung Electronics Co Ltd have also raised opposition to the deal with U.S. authorities. Earlier this year, the US FTC…
In a statement audio-only chat app Clubhouse said, it will launch a spatial audio feature to make voices sound as if they’re coming from different directions, in efforts aimed at making virtual conversations and performances feel more life-like. Backed by venture capital firm Andreessen Horowitz Clubhouse, jumpstarted the social audio trend last year and became…
All of its self-driving e-Palette transportation pods at the Tokyo Paralympic Games village were suspended by Toyota Motor on Friday after a visually impaired pedestrian was injured in a collision with one of the vehicles. Apologizing for the accident, Toyota Chief Executive Akio Toyoda, in a YouTube video, said that he had tried ot meet…
An application for an initial public offering was filed confidentially with regulators by the electric vehicle maker Rivian which sets the stage for an awaited listing of the company at e end of the year with the company looking to benefit from the IPO market that is currently booming in the United States, Rivian said…
The current unrest in Afghanistan has created the threat of medical supplies running out within days in the country, warned the World Health Organization (WHO) on Friday. It however added that an air bridge into the northern city of Mazar-i-Sharif is hoped to be established by it before medicines run out with the help of…
As a part of its strategy to partner with large brands to grow in the United States, the British bank Barclays will by purchasing a $3.8 billion credit card portfolio co-branded with clothing retailer The Gap Inc through the bank’s United States arm, the bank said on Friday. According to the bank, it is purchasing…
Even as antitrust regulators of the European Union are expected to launch a full-scale investigation of the acquisition of British chip designer Arm by Nvidia after an initial review, Nvidia is likely to file for approval of the $54 billion takeover deal with the EU antitrust regulator early next month, said reports quoting sources with…
In a statement YouTube said, it had suspended payments to 14 channels accused of spreading fake news on Brazil’s next year’s election by the country’s federal electoral court, the TSE. The bulk of these channels regular provide full support Brazilian President Jair Bolsonaro, a far-right former army captain who has been sowing doubts about the…
An autonomous driving start-up has been acquired by the Chinese electronics giant Xiaomi which has put the company into an industry that is fast becoming extremely competitive. The company said this move is a part of its strategy to further diversify its business from making smartphones and other electronic consumer durables. The autonomous driving startup…
By the end of 2021, Australia’s flagship airline Qantas is slated to take a pandemic related hit of A$20bn (£10.6bn) in lost revenue, the company’s chief, Alan Joyce. These comments were made by Joyce while announcing the results of the company which announced an annual pre-tax loss of A$1.83bn. The pre-tax loss number is limited…
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