Internet service providers (ISP) will soon have to be a lot more transparent with what their plans come with and how much they truly cost. The Federal Communications Commission (FCC) has introduced new rules that will require ISPs to display easy-to-read-and-understand labels that show key facts about their products at the point of sale. These… Continue reading FCC orders ISPs to display labels clearly showing speeds and itemized fees
Category: Tech News
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GoTo confirms it is laying off 1,300 employees, or 12% of the workforce
The IDX-listed Indonesian tech giant GoTo has announced it will let go of 1,300 people or 12% of the group’s workforce. The decision, the company said, is needed to ensure its “long-term stability and sustainability”. In a town hall meeting on Friday, GoTo’s CEO Andre Soelistyo told staffers that global macroeconomic conditions are having a… Continue reading GoTo confirms it is laying off 1,300 employees, or 12% of the workforce
Amazon to continue layoffs in the New Year
Amazon.com Inc said on Thursday there would be more role reductions as its annual planning process extends into next year and leaders continue to make adjustments. “Those decisions will be shared with impacted employees and organizations early in 2023”, said Andy Jassy, who became the company’s Chief Executive Officer in 2021, in a letter to… Continue reading Amazon to continue layoffs in the New Year
Dongfeng Motor Group’s EV brand Voyah raises $639m at over $4b valuation
Voyah, a premium electric vehicle brand under China’s auto giant Dongfeng Motor Group has notched 4.55 billion yuan ($638.5 million) in a Series A round, Chinese financial media outlet Yicai reported on Thursday. The round has brought the company’s valuation to 29.5 billion yuan ($4.1 billion), per the report. Mixed Ownership Reform Fund, a national… Continue reading Dongfeng Motor Group’s EV brand Voyah raises $639m at over $4b valuation
IFC proposes $40m investment in Chinese animal feed producer Anyou
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of up to 260 million yuan (approximately $40 million) in China’s animal feed producer Anyou Biotechnology Group Co., Ltd, (Anyou), according to a disclosure. The investment, a long-term A loan, will be used for Anyou’s project to expand its… Continue reading IFC proposes $40m investment in Chinese animal feed producer Anyou
Cleantechnica: The EV Market Is Entering An Exciting Phase 002381
One of the first real mass production EVs, the Nissan Leaf, took about 10 years to produce and sell 500,000 units. Just the other day, VW announced that it has sold 500 000 of its ID series, one year ahead of schedule. It took VW just 2 years to sell half a million units of… Continue reading Cleantechnica: The EV Market Is Entering An Exciting Phase 002381
Cleantechnica: It’s Not About Tesla Vs BYD — They Are Both Playing A Key Role In The Transition 002380
The transition to electric mobility is well underway. There has been a lot of progress in the passenger vehicle segment over the last 12 years or so since the early days of the Nissan Leaf, the Tesla Roadster, and the Mitsubishi i-MiEV. The market share of new EV sales in China is close to 30%… Continue reading Cleantechnica: It’s Not About Tesla Vs BYD — They Are Both Playing A Key Role In The Transition 002380
Clean Technica: Global Electric Vehicle Sales Up 62% (Overall Auto Sales Down 8%)002379
Electric vehicle sales were up 62% globally in the first half of 2022 compared to the first half of 2021. That includes fully electric vehicles and plugin hybrids. These plugin vehicles reached 4.3 million sales in the first half of 2022, according to global EV analysis leaders at EV-Volumes. Looking at growth in core regions,… Continue reading Clean Technica: Global Electric Vehicle Sales Up 62% (Overall Auto Sales Down 8%)002379
Panicked Elon Musk Reportedly Begging Engineers Not to Leave
Elon Musk’s Twitter operations are still in free fall. Earlier this week, the billionaire CEO sent an email to staff telling them that they “need to be extremely hardcore” and work long hours at the office, or quit and get three months severance, as The Washington Post reports. Employees had until 5 pm on Thursday… Continue reading Panicked Elon Musk Reportedly Begging Engineers Not to Leave
Startup Says It’s Building a Giant CO2 Battery in the United States
A big, gassy dome of energy. Italian Import Carbon dioxide has a bad rep for its role in driving climate change, but in an unexpected twist, it could also play a key role in storing renewable energy. The world’s first CO2 battery, built by Italian startup Energy Dome, promises to store renewables on an industrial… Continue reading Startup Says It’s Building a Giant CO2 Battery in the United States