Fisker (FSR.N) missed its second-quarter production target owing to a component shortfall, the electric vehicle company announced on Friday, sending its shares down 2% in premarket trading. The California-based company built 1,022 Ocean SUVs in the June quarter, which was lower than the 1,400-1,700 vehicles it had expected. “A fewContinue Reading
Fisker (FSR.N) missed its second-quarter production target owing to a component shortfall, the electric vehicle company announced on Friday, sending its shares down 2% in premarket trading. The California-based company built 1,022 Ocean SUVs in the June quarter, which was lower than the 1,400-1,700 vehicles it had expected. “A fewContinue Reading
Mercedes-Benz (MBGn.DE) announced on Friday that its electric vehicles in North America will use Tesla-developed charging technology beginning in 2025, as well as access to more than 12,000 Superchargers beginning next year. The company joins American rivals Ford (F.N) and General Motors (GM.N) in adopting the North American Charging StandardContinue Reading
Reuters (Reuters) – Cameron Winklevoss, co-founder of Gemini, announced on Friday that the cryptocurrency firm has launched a lawsuit against Digital Currency Group and its CEO Barry Silbert following a dispute with the company’s bankrupt affiliate Genesis.Continue Reading
Using five of its patents for displays used in mobile devices, including Apple’s (AAPL.O) iPhone 12, Samsung Display of South Korea has filed a lawsuit against BOE Technology of China (000725.SZ). A federal jury in Texas was asked by Samsung Display, a division of Samsung Electronics (005930.KS), to award damagesContinue Reading
Due to performance-related issues, Bluesky, a decentralised social networking site akin to Twitter, has temporarily stopped accepting new users. This choice was made as a result of Twitter’s installation of daily tweet viewing limits, which has led to increased usage and associated problems on Bluesky. Bluesky’s speed has been hamperedContinue Reading
Apple Inc. (AAPL.O), encouraged by prospects for its development into new countries and anticipations of a more temperate approach to interest rate hikes by the Federal Reserve, became the first corporation in the world to surpass a market value of $3 trillion. In a month highlighted by investor enthusiasm inContinue Reading
This week, the UN is hosting a worldwide conference to explore the limits of artificial intelligence and explore how to best use technology to advance humanity. As the technology’s progress outpaces our ability to define its limitations, the UN intends to present a clear roadmap for handling AI in theContinue Reading
On Saturday, a European-built orbiting satellite was launched into space from Florida with the goal of shedding new light on the mysterious dark energy and dark matter phenomena, which, according to physicists, make up 95% of the known universe. The “Euclid” telescope, named after the “father of geometry” in ancientContinue Reading
Some fund managers are revisiting a difficult decision because of the significant increase in Apple’s stock price: they may not own enough of the stock. Apple’s share price has increased 49% so far this year, bringing its market capitalisation to almost $3 trillion and increasing its weight in stock indicesContinue Reading
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