A new hatchback model could be launched exclusively for the European market in the near future by the United States based electric car maker Tesla, suggested its Chief Executive Elon Musk. The Model S executive saloon and the Model 3 sedan as well as two SUVs in the Model Y and Model X are currently…
Rejecting a petition filed by China’s ZTE Corp, the Federal Communications Commission (FCC) stated, the Chinese company continues to be a national security threat to the United States’ communications networks. In June, the FCC had designated China;s Huawei Technologies Co and ZTE as threats to national security and had bared the duo from accessing U.S.…
With India taking legal resolute measures to fight China’s harvesting of consumer data through apps and promptly banning those which do not comply to its security standards, China is starting to feel the pinch of loss of business and has opposed New Delhi’s move. The development comes in the wake of China making belligerent claims…
In a statement, Oki Matsumoto, the head of Japan’s Monex Group said, digital currencies of Japan’s central bank will help boost trading of cryptocurrencies by providing a trusted and convenient platform for converting them into legal tenders. Welcoming the move the Bank of Japan, Matsumoto, the CEO of the Monex Group said, it will look…
According to the Bloomberg Billionaires index, which tracks the 500 wealthiest people in the world, the net worth of Tesla CEO reached $127.9 billion on Monday, with the shares of the electric vehicle maker reaching a record high. This sudden increase in Musk’s net worth made him the second-richest person of the world, beating Bill…
After almost 2,500 of its employees tested positive for Cvoid-19, more than half of its factories will now be shut down by the largest maker of latex gloves in the world. Authorities said that in order to bring the pandemic spread under control, 28 plants of Malaysia’s Top Glove will be closed down in phases.…
On Tuesday, in a significant development, the price of Bitcoin touched its all-time high of $19,000 for the first time in around three years. Bitcoin, the world’s most popular cryptocurrency was last up by 3% at $18,918, near its all-time record of $19,666. In November, its price jumped by 40% and is up by around…
In a significant development, the British government is set to pass a bill which will see British telecoms companies facing a fine of up to 10% of their turnover or $133,140 (100,000 pounds) a day fine, if they contravene a ban on using equipment made by China’s Huawei Technologies Co Ltd. The Telecommunications (Security) Bill…
On Tuesday, Nissan Motor Co Ltd stated, starting from next month, it will sell a redesigned version of its best-selling Note compact car in Japan, which will feature new hybrid drive technology. The move is aimed at winning market share from Honda Motor Co Ltd and Toyota Motor Corp. The Note’s first full model change…
Misinformation and conspiracy theories around Covid-19 vaccinations will not attempted to ne dispelled by tech companies including Facebook, Twitter and Google together with governments including the United Kingdom and Canada. Standards for tackling misinformation across the various digital platforms and how organizations accountable for their failure to do so can be held responsible is being…
business-gurus.com 