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Tag Archives: Reuters
Pentagon calls out Chinese companies it says are helping Beijing’s military
Reuters exclusively reported that The United States on Wednesday added more than a dozen Chinese companies to a list created by the Defense Department to highlight firms it says are allegedly working with Beijing’s military, as part of a broader … Continue reading
Judge voids Elon Musk’s ‘unfathomable’ $56 billion Tesla pay package
Reuters exclusively reported that A Delaware judge tossed out Elon Musk’s record-breaking $56 billion Tesla (TSLA.O), pay package on Tuesday, calling the compensation granted by the EV maker’s board “an unfathomable sum” that was unfair to shareholders. The post Judge … Continue reading
Thailand aims for lithium output in two years, boosting EV ambitions
Reuters exclusively reported that Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub. The post Thailand aims for lithium output in … Continue reading
Tesla plans to build new electric vehicles in mid-2025
Reuters exclusively reported that Tesla (TSLA.O), opens new tab has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025. The post Tesla plans to build new electric vehicles in mid-2025 appeared first on … Continue reading
EV maker VinFast aims to raise free float to 10%-20% by end-2024
Reuters was first to report that Vietnamese electric vehicle maker VinFast aims to increase its free float, or shares available to the public for trading, to 10% to 20% by the end of this year from roughly 2% currently. The … Continue reading
Apple offers to let rivals access tap-and-go tech in EU antitrust case
Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a … Continue reading
After US curbs, Tencent and small chip designers chase Nvidia’s China crown
Reuters exclusively reported that Chinese chip designers including Tencent Holdings (0700.HK) are aggressively pitching their AI chips as alternatives to Nvidia’s (NVDA.O), hoping U.S. export restrictions will prompt clients to switch, said four people familiar with such discussions. California-based Nvidia … Continue reading
Huawei approaches Audi, Mercedes about smart car investment
Reuters exclusively reported that China’s Huawei Technologies has asked Mercedes Benz (MBGn.DE) and Volkswagen’s Audi if they are interested in buying small stakes in its smart car software and components firm, according to three people with knowledge of the discussions.The … Continue reading
Google pushes for antitrust action against Microsoft in UK cloud market
Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. The post Google pushes for antitrust action against Microsoft in UK cloud … Continue reading
Meta Platforms’ paid ad-free service targeted in Austrian privacy complaint
Reuters was first to report Meta Platforms’ (META.O) paid no-ads subscription service launched in Europe this month faced one of its biggest tests as advocacy group NOYB on Tuesday filed a complaint with an Austrian regulator, saying that it amounted … Continue reading