Indian cosmetics-to-fashion retailer Nykaa said on Friday it expects stronger demand for its products in the current quarter after a ‘subdued season’ where inflationary pressures dented consumer spending. The upcoming festival season, which extends till the end of the year, would further boost consumer demand for beauty, personal care and wellness products, that Nykaa said was already showing… Continue reading India’s Nykaa expects festival-driven strong demand in current quarter
Category: Tech News
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SoftBank posts $17b loss in Q2 at Vision Fund unit due to tech slump
SoftBank Group Corp on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid. SoftBank had booked a record loss at the Vision Fund unit in May as market turmoil driven by rising interest rates and political instability hit the tech… Continue reading SoftBank posts $17b loss in Q2 at Vision Fund unit due to tech slump
Vantage Point: Bukalapak trains sights on take rates, contribution margin as it chases profitability
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Baidu bags China’s first fully driverless robotaxi licences in two cities
China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country. The permits, awarded by the southwestern municipality of Chongqing and the central city of Wuhan, allow commercial robotaxis to offer rides to the public without human safety drivers in the… Continue reading Baidu bags China’s first fully driverless robotaxi licences in two cities
Clean Technica: Germany’s EV Share Cold Comfort Against 34% Shortfall In Overall Auto Market002163
Germany, Europe’s largest auto market, saw plugin electric vehicles take 25.5% share in July. This up from 22.6% year on year. Overall auto market volumes were down some 34% from seasonal norms, to 205,911 units, the worst July performance in many years. The Fiat 500e was again Germany’s best selling full electric for the month.… Continue reading Clean Technica: Germany’s EV Share Cold Comfort Against 34% Shortfall In Overall Auto Market002163
Clean Technica: Autopilot & Full Self Driving — California DMV Accuses Tesla Of False Advertising002162
Elon Musk had one eye on the mirror as he watched himself gavotte at the Tesla shareholder annual meeting last week, but neither he nor his company had time to respond to complaints by the California DMV that Tesla has misled customers by claiming in marketing materials that vehicles equipped with its Autopilot and Full… Continue reading Clean Technica: Autopilot & Full Self Driving — California DMV Accuses Tesla Of False Advertising002162
Senate Democrats Pass Sweeping Climate and Energy Bill
Next stop: the House of Representatives. Climate Care US Senate Democrats on Sunday passed a piece of legislation that addresses climate change and healthcare through new corporate taxes, Bloomberg reported today. Key energy and environment portions could impact the country’s sustainability and future. In a major win for Tesla, Ford, and other electric automakers, the… Continue reading Senate Democrats Pass Sweeping Climate and Energy Bill
Hundreds May Have Polio, New York Health Officials Say
Image by Getty / Futurism Hundreds of people living in New York state may have polio, the New York’s Department of Health said in a press statement made Thursday. “Based on earlier polio outbreaks, New Yorkers should know that for every one case of paralytic polio observed, there may be hundreds of other people infected,”… Continue reading Hundreds May Have Polio, New York Health Officials Say
Best Smart Doorbells in 2022
Smart doorbells allow you to keep an eye on the most easily accessible part of your home whether you’re inside or thousands of miles away. These WiFi-enabled gadgets are equipped with motion sensors, and can send a notification to your phone to alert you that someone is approaching your home. A speaker and microphone system… Continue reading Best Smart Doorbells in 2022
Baidu’s robotaxis can now operate without a safety driver in the car
Baidu has obtained permits to run a fully driverless robotaxi service in China. It says it’s the first company in the country to obtain such permissions. Back in April, Baidu received approval to run an autonomous taxi service in Beijing, as long as there was a human operator in the driver or front passenger seat.… Continue reading Baidu’s robotaxis can now operate without a safety driver in the car