Daniel Ek, Spotify’s CEO, has apologized to his staff for how the Joe Rogan podcast scandal has affected them, but he has stated that he has no intentions to remove the podcaster from the site. “There are no words I… Read More ›
Strategy
Coalition Of Cryptocurrency Companies Been Formed To Support Market Integrity
Coinbase, Circle, Anchorage Digital, and Huobi Global are among a group of leading cryptocurrency companies creating a new alliance aimed at combating market abuse and instilling trust in the nascent digital asset business. The risk-monitoring software firm Solidus Labs has… Read More ›
2022 is likely to be another record sales year: Porsche AG
In an interview with Germany industry magazine Automobilwoche the sales chief of luxury carmaker Porsche AG said, he expects another record year in terms of sales despite the global shortage of semiconductors. “When I look at the current orders, I’m confident… Read More ›
Global semiconductor shortage to ease slightly after Q3 : VW board member
In an interview to German industry magazine Automobilwoche, a board member from Volkswagen opined, the global shortage of semiconductors is likely to continue this year and ease slightly during the second half. “The volatile situation will affect us at least… Read More ›
UK, South Korea seek to sign trade deal boosting supply chain resilience
On Monday, South Korea and Britain are scheduled to sign an agreement to reinforce supply chains for key products which have been hammered by the Coronavirus pandemic. British trade minister Anne Marie Trevelyan is scheduled to host her counterpart Yeo… Read More ›
Toshiba aims to split into 2 companies
On Monday, Toshiba Corp said it aims to split into two companies, instead of three as previously planned. The company aims to split its device business and not its infrastructure business. The Japanese conglomerate now plans to increase shareholder returns to… Read More ›
Australia to allow double vaccinated travelers from Feb 21
On Monday, Australian Prime Minister Scott Morrison said, from February 21, 2022, Australia will reopen its borders to all vaccinated visa holders. For nearly two years Australia had shut its borders to non-citizens to mitigate threats from the Coronavirus which… Read More ›
Apple Could Launch iPhone SE 2022 And iPad In March: Reports
On March 8, Apple is set to release a plethora of new items. According to Bloomberg, Apple is planning to release a new low-cost 5G iPhone, an iPad, and a new Mac. This would be Apple’s first product launch in… Read More ›
Automakers And Chip Makers Have Different Forecasts For End Of Semiconductor Shortage
Auto giants such as General Motors, Ford Motor, and Hyundai Motor estimate that the global semiconductor chip shortage that has been ongoing for almost two years will ease to an extent by the second half of 2022. However, makers of chips for auto companies forecast… Read More ›
Volvo And Northvolt Are Teaming Up To Create A Gigafactory In Sweden, Led By A Former Tesla Executive
Volvo Cars and Northvolt announced the building of a new battery production factory in Gothenburg, Sweden, which is slated to start construction in 2023. The plant will, according to the firms, “have a potential yearly cell production capacity of up to 50-gigawatt hours.” According to… Read More ›