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April 12 (Reuters) – Twitter Inc CEO Elon Musk said on Wednesday the social media company is “roughly breaking even,” as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing fruit after massive layoffs. Musk, in an interview with BBC broadcast live on Twitter Spaces, said Twitter has about 1,500… Continue reading Untitled

Technologycategory

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U.S. proposes 56% vehicle emissions cut by 2032, requiring big EV jump, article with image

WASHINGTON, April 12 (Reuters) – The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a move it says could mean two out of every three new vehicles automakers sell will be electric within a decade. The proposal, if finalized, represents the most aggressive U.S. vehicle… Continue reading U.S. proposes 56% vehicle emissions cut by 2032, requiring big EV jump, article with image

Mercedes posts rise in Q1 sales boosted by EVs, premium cars, article with image

April 12 (Reuters) – Mercedes-Benz Group (MBGn.DE) sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday. Worldwide sales increased 3% to 503,500 vehicles, with Europe posting the strongest growth at 8%. The firm saw the biggest sales plunge in the… Continue reading Mercedes posts rise in Q1 sales boosted by EVs, premium cars, article with image

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April 12 (Reuters) – The software that underpins the second-biggest crypto coin ether is due for a software upgrade on Wednesday that will give investors access to more than $30 billion of the digital tokens. Known as Shapella, the latest upgrade to the Ethereum blockchain will enable investors to redeem an offshoot of ether tokens… Continue reading Untitled

Truck maker Volvo posts record Q1 as sales, margins beat forecasts, article with image

Summary Companies Posts 45% jump in preliminary Q1 earnings Adjusted EBIT 18.4 bln crowns vs forecast 12.9 bln Full earnings due on April 20 Shares rise 9.6% in early trade OSLO, April 12 (Reuters) – AB Volvo (VOLVb.ST) reported record first-quarter profit, a preliminary filing showed, as the truck maker boosted its revenue and margins… Continue reading Truck maker Volvo posts record Q1 as sales, margins beat forecasts, article with image

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WASHINGTON, April 11 (Reuters) – The Biden administration said Tuesday it is seeking public comments on potential accountability measures for artificial intelligence (AI) systems as questions loom about its impact on national security and education. ChatGPT, an AI program that recently grabbed the public’s attention for its ability to write answers quickly to a wide… Continue reading Untitled

Hyundai Motor Group to invest $18 bln in South Korean EV industry by 2030, article with image

SEOUL, April 11 (Reuters) – Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea’s electric vehicle (EV) industry through 2030, bolstering its presence in a segment that is set to dominate long-term global automotive demand. The investment plan by the group, which includes Hyundai Motor Co… Continue reading Hyundai Motor Group to invest $18 bln in South Korean EV industry by 2030, article with image

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SHANGHAI, April 11 (Reuters) – Alibaba Group Holding Ltd (9988.HK) on Tuesday showed off its generative AI model – its version of the tech that powers chatbot sensation ChatGPT – and said it would be integrated into all of the company’s apps in the near future. The unveiling, which came on the heels of the… Continue reading Untitled