On Monday, in a statement Tesla Inc said, it has commenced delivery of its Shanghai-made Model Y sports utility vehicles (SUV) to Chinese customers. In November 2020, Tesla had obtained permission from the Chinese government to start selling Model Y… Read More ›
Sustainability
Facebook’s WhatsApp Delays Update Of Business Features After Privacy Backlash
Following a huge amount of concerns from millions of its users who feared that the messaging platform was loosening its user data privacy policies, the Facebook Inc. owned messaging app WhatsApp has decided to delay its planned and announced update… Read More ›
Malaysia Files Case Against EU At The WTO Over Restrictions On Palm Oil As Biofuel
The European Union and its member states France and Lithuania had previously imposed restrictions on palm oil based biofuels from Malaysia and the Malaysian government will be initiating legal action against these parties at the global trade watchdog – the… Read More ›
General Motors to invest $785.42 million in Canada plant to build electric vans
In a statement U.S. carmaker General Motors Co stated, it has reached a tentative deal with labor union Unifor following which it aims to invest around $785.42 million (C$1 billion) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture… Read More ›
Trump Administration unveil rules to protect U.S. telecom supply chain
In a significant development, the Trump Administration has labeled China, Iran, Russia, Cuba and North Korea as foreign adversaries as part of a new set of rules aimed at protecting the U.S. telecoms supply chain. The rules, which implement an… Read More ›
Efficacy Of Its Covid-19 Vaccine Defended By China’s Sinovac After Poor Brazil Data Emerges
Researchers in Brazil announced results of late-stage clinical trial data of the Covis-19 vaccine developed by China’s Sinovac Biotech which showed that the vaccine candidate’s efficacy was much lower than the initial claims by the Chinese firm. However the safety… Read More ›
70,000 Accounts That Shared QAnon Conspiracy Theories Suspended By Twitter
More than 70,000 accounts that were dedicated primarily to share QAnon content were suspended by the social media company Twitter, the company has said, which, according to analysts, is a part of the efforts of the platform to be strict… Read More ›
Latest Funding Round Helps Checkout.Com Raises $450Mn And Achieve $15Bn Valuation
With the help of a $450 million Series C finding round with Tiger Global Management leading the round, the payments company Checkout.com is ready to raise its head once again. Greenoaks Capital and all the existing investors in the company… Read More ›
China’s COVID-19 vaccine, CoronaVac, has general efficacy of less than 60% in Brazil trials
According to two sources who have seen the lab results, China’s CoronaVac, its COVID-19 vaccine, developed by Sinovac Biotech, has a general efficacy of less than 60% in clinical trial in Brazil. Brazil’s Sao Paulo’s Butantan biomedical center, which has… Read More ›
With Bitcoin Falling, Almost $170Bn Wiped Off Cryptocurrency Market In A Day
Market value worth more than $170 billion from the entire crypto currency market was wiped off on Monday after a fall in the value of bitcoin and other digital coins. According to Coinmarketcap, at 12:10 p.m. Singapore time, the total… Read More ›