Business News

Ring just doubled the price of its alarm monitoring service for grandfathered customers
2024-10-03 00:25:12
And people are understandably pissed.
Charter will offer Peacock for free with some cable subscriptions next year
2024-10-03 00:25:12
Charter pushes further into uncharted cable territory.
Samsung says planning job cuts in some Asian operations
2024-10-02 14:39:33
Samsung Electronics said Wednesday it was planning to cut jobs in some of its Asian operations, after a report that one in ten posts in affected markets could be axed.
Toyota boosts its investment in air taxi company Joby Aviation by another $500 million
2024-10-02 14:39:33
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company's commercial business off the ground.
Tesla posts first quarterly increase in deliveries, but shares slump with investors hoping for more
2024-10-02 14:39:33
Low interest financing, sweet lease deals, price cuts and free charging boosted Tesla's global deliveries in the third quarter, the first increase this year for the electric vehicle maker.
Tesla’s sales are finally picking up
2024-10-02 13:45:39
Tesla got its groove back.
Sidewalk robots are teaming with drones for Dallas food deliveries
2024-10-02 13:45:39
Sidewalk robots are set to help some of their airborne counterparts with deliveries in Dallas under an agreement between key players in the industry.
GM reports US sales dip, but says EVs grew
2024-10-02 09:34:20
General Motors reported a dip in third-quarter US auto sales Tuesday, but pointed to growth in sales of electric vehicles and said retail pricing remained steady.
Oracle to invest $6.5 bn in Malaysian cloud services region
2024-10-02 09:34:20
Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centers in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia.
X agrees to pay Brazil fines, court orders finances unblocked
2024-10-02 09:34:20
A Brazilian judge on Tuesday ordered the unblocking of the bank accounts of Elon Musk's X in the country after the social media platform agreed to pay more than $5 million in fines.
The massive dock workers’ strike, explained
2024-10-02 02:51:41
The dock workers’ strike could mean big wage gains but could further disrupt the fragile supply chain.
Developing a data-driven approach for digitalized, sustainable battery cell production
2024-10-02 00:46:03
The further development and evolution of existing storage systems is a key prerequisite for the energy transition. The Center for Digitalized Battery Cell Manufacturing (ZDB) at the Fraunhofer Institute for Manufacturing Engineering and Automation IPA and acp systems AG have joined forces to commission a winding system for cylindrical battery cells featuring flexible formats and design.
High costs slow widespread use of heat pumps in UK, study shows
2024-10-02 00:46:03
The high cost of installing heat pumps for home heating could slow down people widely adopting the technology and leave government targets missed, research suggests. There has been a little to no reduction in the average installation cost of the green heating systems over the past decade in the UK, a study shows. The study is published in the journal Applied Energy.
Congress is trying to force carmakers to keep AM radio—how this could be an opportunity to correct past mistakes
2024-10-02 00:46:03
A lament about the demise of AM radio has been rising in the halls of Congress.
Starbucks releases Douyin mini-drama to lure Chinese customers · TechNode
2024-10-01 15:55:42
A six-episode mini-drama produced by coffee giant Starbucks streamed on China’s TikTok sibling Douyin last week, showcasing a new method of advertising
A lesser-known retail platform claiming China-wide “refund-only” policy faces user backlash  · TechNode
2024-10-01 15:54:58
The platform has up to RMB 2 billion ($284 million) in refunds that have not been issued to shoppers who applied for the refund-only servic, a user said in a recent Weibo post.
BYD to introduce premium SUV, sedan, and more to Japan: report · TechNode
2024-10-01 15:54:54
China’s BYD is making preparation to introduce its luxury sports utility vehicle Tang to Japan, with the launch of the premium Han sedan and the popular
Volvo’s parent Geely to build $170 million joint factory in Vietnam · TechNode
2024-10-01 15:54:53
Chinese automaker Geely plans to build a $168 million assembly plant with an annual capacity of 75,000 cars in Vietnam with partner Tasco Joint Stock
LG Display sells its Guangzhou LCD panel plant to TCL for $1.54 billion · TechNode
2024-10-01 15:54:50
On Thursday, South Korea's LG Display said it approved the sale of its 8.5-gen LCD (liquid crystal display) panel production line and module factory in
China's SAIC, Changan launch new models, rivaling Tesla Model Y · TechNode
2024-10-01 15:54:48
Overall, five Chinese automakers, namely SAIC, Geely, Changan, NIO, and Huawei-backed Luxeed, launched their new electric SUVs rivaling Tesla's Model Y over the week.

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