article with gallery

[1/2]A booth of Ant Group is pictured at the Singapore FinTech Festival, Singapore, November 4, 2022. REUTERS/Anshuman Daga Summary Companies Announcement marks end of firm’s regulator-driven overhaul Symbolic for tech industry chafing under regulatory crackdown Ant shelved its IPO in late 2020 Alibaba’s US shares jump 3.3% in premarket trading HONG KONG, July 7 (Reuters)… Continue reading article with gallery

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Tesla rolls out global cash rebate as EV price war heats up

July 7 (Reuters) – Tesla Inc (TSLA.O) rolled out a new incentive globally allowing buyers to earn extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales. The cash rebates are applicable in markets including the United States, China, Canada and Germany, according to Tesla’s regional websites on… Continue reading Tesla rolls out global cash rebate as EV price war heats up

Untitled

BEIJING, July 7 (Reuters) – China’s President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies. China should accelerate the upgrades of key technologies and core products, state-run Xinhua news agency reported… Continue reading Untitled

Worldcategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Tesla offers new China rebate as price cuts rock EV market

BEIJING, July 7 (Reuters) – Tesla on Friday offered a new incentive to boost electric vehicle sales in China as it notified some workers making battery packs at its Shanghai complex of layoffs, according to a company announcement and a worker who had received the notice. Tesla announced the cash rebate offer on new cars… Continue reading Tesla offers new China rebate as price cuts rock EV market

Untitled

HONG KONG, July 7 (Reuters) – Alibaba Group Holdings Ltd (9988.HK) announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form, as it ramps up its offerings in the fast-growing AI sector. The image generator, Tongyi Wanxiang, will compete with OpenAI’s DALL-E and Midjourney Inc’s Midjourney, U.S.-based rivals… Continue reading Untitled

CATL touts breakthrough in cold-weather EV charging

SHANGHAI, July 6 (Reuters) – Chinese battery maker CATL (300750.SZ) said on Thursday it has developed new materials for lithium-ion batteries that would sharply improve charging efficiency for electric vehicles, especially in extreme cold. Wu Kai, CATL’s chief scientist, told a forum in Shanghai that the company, the world’s largest battery supplier, had developed new… Continue reading CATL touts breakthrough in cold-weather EV charging

Untitled

July 6 (Reuters) – Meta’s Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to billions of Instagram users, a similar interface to that of its rival and the advertising heft of the social media giant, analysts and industry experts said. Dubbed as the “Twitter-Killer”, Threads was the… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source