Business News

Foxconn net profit rises in second quarter on AI demand
2024-08-14 08:14:52
Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers.
China’s Zeekr to launch electric vehicles in Japan next year · TechNode
2024-08-13 22:40:22
Chinese electric vehicle brand Zeekr is planning to sell two premium EV models in Japan in 2025 and hopes to open showrooms in Tokyo and the Osaka area
Google rolls out Pixel 9 phones earlier than usual as AI race with Apple heats up
2024-08-13 22:27:06
Google on Tuesday unveiled its next generation of Pixel phones, providing the maker of Android software a head start on the next iPhone in the race to bring more artificial-intelligence services to devices that have become people's constant companions.
US companies' global market reach linked to cloud computing use
2024-08-13 19:50:54
U.S. firms that use cloud-computing services are more likely to export their products and services, according to a new study by researchers at Penn State and the U.S. National Science Foundation (NSF). The team said the findings were stronger for firms located outside of large cities and demonstrate the need for expanded availability of the high-speed internet required for cloud computing to support economic development.
Delivery robots' green credentials make them more attractive to consumers, finds study
2024-08-13 19:50:53
The smaller carbon footprint, or wheel print, of automatic delivery robots can encourage consumers to use them when ordering food, according to a Washington State University study.
African economic expansion need not threaten global carbon targets: Study points out path to green growth
2024-08-13 16:32:16
Africa contributes only about 4% of the world's greenhouse gas emissions. The continent consumes the least energy for each person, compared with other regions of the world. With over 560 million people who don't have access to electricity, Africa has the lowest rate of energy access in the world.
NZ is running out of gas—literally. That's good for the climate, but it's bad news for the economy
2024-08-13 15:57:53
The coalition government recently announced its plan to reverse a ban on new oil and gas exploration to deal with an energy security challenge brought on by rapidly declining natural gas reserves.
Mercedes-Benz Korea discloses EV battery makers after fire
2024-08-13 15:57:53
Mercedes-Benz Korea released the names of its electric vehicle battery suppliers on Tuesday, bowing to public outrage after one of its cars burst into flame in a parking lot earlier this month.
Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
2024-08-13 08:04:01
In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. Vishal Gondal was one of the first to sign up, paying a $1,000 deposit for a car that never arrived.
Apple forces Patreon to pay 30% of new memberships sold through iOS
2024-08-13 03:58:07
Patreon is warning users that channel memberships bought via its iPhone app will shortly be subjected to Apple's 30% in-app payment fees.
Workers face uncertainty after closure of Tyson plant that employed 25% of Iowa town
2024-08-13 03:55:10
Perry, Iowa, grapples with the closure of a Tyson pork processing plant as many laid-off workers scramble for new employment.
Small towns in South Africa can benefit from renewable energy projects: Here's what developers should do
2024-08-12 17:19:59
South Africa's Northern Cape province has become a prime area for investment in renewable energy. It is host to 59 of the 112 large-scale renewable energy projects secured through the country's flagship Renewable Energy Independent Power Producer Procurement Program by 2021. But have the communities hosting these new projects benefited from them?
Women are less interested in AI than men, but using it would help them advance at work
2024-08-12 16:03:28
Women use generative artificial intelligence tools less than men do.
New tool empowers pavement life-cycle decision-making while reducing data collection burden
2024-08-12 16:03:27
Roads are the backbone of our society and economy, taking people and goods across distances long and short. They are a staple of the built environment, taking up nearly 2.8 million lane-miles (or 4.6 million lane-kilometers) of the United States' surface area.
Donald Trump is returning to X for a live interview with the platform's owner, Elon Musk
2024-08-12 14:59:09
Donald Trump is returning — at least for one night — to X, the platform from which he was banned for nearly two years following the Jan. 6, 2021, storming of the U.S.
Harris backs ending taxes on tips, echoing Trump proposal
2024-08-12 14:40:54
Vice President Kamala Harris is rolling out a new policy position, saying she'll fight to end taxes on tips for service and hospitality workers.
EU opens probe into possible online food-delivery cartel
2024-08-12 00:14:56
The EU launched an investigation on Tuesday to determine whether online food-delivery companies Delivery Hero and Glovo engaged in anti-competitive practices.
Stellantis’ Chinese partner set to build first European factory in Italy · TechNode
2024-08-11 14:07:44
Chinese automaker Dongfeng Motor’s plan to build its first European car plant in Italy is at an advanced stage, as the Rome government has been in
China’s JAC on hiring spree as EV partnership with Huawei revs up: report · TechNode
2024-08-11 14:07:43
Chinese manufactuer JAC Motor is looking for quality engineers to increase its headcount for quality control from 100 to 300 as part of a goal to launch
Freshippo achieves four months of profitability after major restructuring: report · TechNode
2024-08-11 14:07:42
The brand has been the subject of persistent rumors that it would be sold off following the postponement of its proposed IPO last November, but recorded profits from March to June this year.

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