Uncategorized – Page 113 – I wish I had more to offer

European battery maker ACC in ‘exploratory’ talks about North American battery plant

A view shows the ACC logo at the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. REUTERS/Pascal Rossignol TORONTO/PARIS, Aug 1 (Reuters) – French-based Automotive Cells Co (ACC) is in early talks with officials in Canada and the United States on setting… Continue reading European battery maker ACC in ‘exploratory’ talks about North American battery plant

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A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Aug 1 (Reuters) – Advanced Micro Devices (AMD.O) on Tuesday forecast a strong fourth quarter and expects to have artificial-intelligence hardware that can challenge Nvidia (NVDA.O) chips by that quarter. Shares were… Continue reading Untitled

Technologycategory

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US opens probe into 280,000 new Tesla vehicles over steering issue

WASHINGTON, Aug 1 (Reuters) – U.S. auto safety regulators said Tuesday they have opened an investigation into 280,000 new Tesla (TSLA.O) Model 3 and Model Y vehicles over reports of loss of steering control and power steering. The National Highway Traffic Safety Administration (NHTSA) opened a preliminary evaluation after it received 12 complaints from owners… Continue reading US opens probe into 280,000 new Tesla vehicles over steering issue

Toyota nearly doubles Q1 profit, China remains challenging

TOKYO, Aug 1 (Reuters) – Toyota (7203.T) nearly doubled its operating profit in the first quarter, the Japanese automaker said on Tuesday, helped by increased sales and productivity as well as the tailwind from the weaker yen. “Sales volumes across all regions increased compared to the same period a year earlier due to productivity improvement… Continue reading Toyota nearly doubles Q1 profit, China remains challenging

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July 31 (Reuters) – Social media platform X, formerly known as Twitter, on Monday sued a nonprofit that fights hate speech and disinformation, accusing it of asserting false claims and encouraging advertisers to pause investment on the platform. U.S. media reported earlier that X, owned by Elon Musk, had sent a letter to the Center… Continue reading Untitled

Legalcategory

– A week after The University of Michigan Law School banned the use of popular artificial intelligence tools like ChatGPT on student applications, at least one school is going in the other direction. – New York-founded Simpson Thacher hired Angus Lennox as a real estate private equity partner in London from its long-time client Blackstone. … Continue reading Legalcategory

Technologycategory

Lamborghini could hit 10,000 sales this year, CEO says

Summary Companies Revenues up 6.7% in H1 to 1.42 bln euros Operating income up 7.2% in H1 to 456 mln euros Shipped 5,341 cars globally in H1, 1,625 in the U.S. EMEA largest region with 2,285 cars shipped in H1 MILAN, July 31 (Reuters) – Lamborghini could sell 10,000 cars this year for the first… Continue reading Lamborghini could hit 10,000 sales this year, CEO says