JLR said on Monday that it has teamed up with supply chain mapping and risk analytics company Everstream Analytics. This partnership will integrate artificial intelligence into the system of the British luxury carmaker to help prevent future troubles with the… Read More ›
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Ford Chairman Says The US Can’t Yet Match China In The EV Sector
Bill Ford, the executive chairman of Ford Motor, claimed that the United States wasn’t yet prepared to compete with China in the manufacture of electric cars. “They developed very quickly, and they developed them in large scale. And now they’re… Read More ›
Tesla’s China Growth Encounters A Roadblock Due To Oversupply In The Sector
The approval of China to develop 70 hectares (172 acres) of former farmland that is currently overrun with wildflowers is crucial to Tesla’s ambitious aim to increase auto production in Shanghai, its most valued facility internationally. Tesla may now be… Read More ›
The EU Must Reduce Greenhouse Gas Emissions By 90 To 95% By 2040, According To Experts
As Brussels sets a new objective to reduce Europe’s contribution to climate change, official experts suggested that the European Union should pledge to reduce its net greenhouse gas emissions by as much as 95% by 2040. The third-largest economy in… Read More ›
TV Ad Income Is Expected To Be Surpassed By Retail Media By 2028
By 2028, the value of worldwide advertising revenue from retailer-owned e-commerce sites is expected to surpass television revenue due to the medium’s rapid growth. The largest media buyer in the world, GroupM, predicted that advertising revenue from retail media channels… Read More ›
Accenture Plans To Invest $3 Billion In Its AI Projects
Accenture announced on Tuesday that it would double the number of staff members at the IT consulting company who work with cutting-edge technology by investing $3 billion over the course of three years in its data and AI practise. The… Read More ›
More People Look At TikTok For News, And Reports Than They Trust Traditional Media, New Study
According to a report released on Tuesday, the percentage of individuals who first receive news through a website or app has decreased by 10 points since 2018, and younger demographics prefer to access news through social media, search, or mobile… Read More ›
Reuters, Bloomberg, And The Wall Street Journal Are Prohibited From Covering The Weekend Policy Meetings By OPEC
Reporters, Bloomberg, and sources with knowledge of the situation claimed on Friday that OPEC had refused media access to reporters from Reuters, Bloomberg, and the Wall Street Journal to cover oil policy meetings in Vienna this weekend. The three media… Read More ›
EU Has Set A Deadline Of July 6 For Antitrust Satisfaction For Amazon’s iRobot Deal
According to a file made by the European Commission on Thursday, EU antitrust regulators will decide by 6 July whether to approve Amazon.com Inc.’s $1.7 billion acquisition of the company that makes robot vacuum cleaners, iRobot Corp. In August of… Read More ›
Biden Claims Congress Will Vote On The Final US Debt Ceiling Agreement Soon
The $31.4 trillion debt ceiling will be suspended until Jan. 1, 2025 thanks to a budget deal that U.S. President Joe Biden reached with House Speaker Kevin McCarthy on Sunday. Biden declared the accord to be ready for a vote… Read More ›