According to Apple’s marketing chief, the company will have to comply with a European Union law that requires electronic devices to use a common charging standard known as USB-C. “Obviously we’ll have to comply,” Greg Joswiak, Apple’s senior vice president… Read More ›
Sales at Alphabet and Microsoft have slowed sharply, adding to concerns about an economic downturn. Alphabet, which owns Google and YouTube, reported a 6 per cent increase in sales to $69 billion in the three months to September as companies… Read More ›
Britons are starting to turn to energy-saving products such as air fryers and slow cookers to counter the cost of living crisis, according to supermarket chain Asda. In its monthly Asda Income Tracker for September, the company reported a 320… Read More ›
Tightening markets for liquefied natural gas (LNG) around the world, combined with major oil producers cutting supply, have thrown the world into “the first truly global energy crisis,” according to the head of the International Energy Agency (IEA). Rising LNG… Read More ›
After years of anticipation, the cryptocurrency ethereum has finally implemented a significant network upgrade that fundamentally alters how the blockchain verifies transactions, mints new coins, and secures its network. This system, known as proof-of-stake, has reduced ethereum’s energy consumption by… Read More ›
Tesla has reduced starting prices for its Model 3 and Model Y cars in China by up to 9 per cent, reversing an industry-wide trend of increases amid signs of weakening demand in the world’s largest auto market. The price… Read More ›
The shortage of parts ranging from chips to windshields that has slowed plane production will last until at least 2023, according to aerospace executives, and manufacturers are spending more to address the issue. Manufacturers are ordering material up to two… Read More ›
Tesla is facing supply shortages, logistics bottlenecks, and rising costs as it rapidly ramps up production of its electric vehicles. While the issues have improved in recent months, they continue to be immediate challenges, according to Tesla’s financial update for… Read More ›
Elon Musk, CEO of Tesla Inc, believes a recession will continue until the spring of 2024, he tweeted on Friday, after initially saying this week that “a sort of recession” in China and Europe was weighing on demand for its… Read More ›
Despite rising inflation, U.S. card companies are expected to benefit as pandemic-weary consumers continue to fuel demand for travel, one of the biggest contributors to revenue. Analysts predict that as more businesses resume business travel and people plan vacations, Visa… Read More ›
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