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Twitter has seen advertisers flee amid worries about Musk's approach to policing tweets, hitting revenues and its ability to pay interest on the $13 billion debt that Musk took on to buy the social media company.

Elon Musk's Team Seeks New Funding For Twitter - Investor

Dec 30, 2022 11:03 PM

1 mins read

Twitter has seen advertisers flee amid worries about Musk's approach to policing tweets, hitting revenues and its ability to pay interest on the $13 billion debt that Musk took on to buy the social media company.

Baidu, Pony.ai Start Driverless Robotaxi Tests In Beijing

By Reuters

Dec 30, 2022 11:01 PM

Baidu and Pony.ai said they would begin testing 10 driverless vehicles each in a technology park developed by the Beijing government as a step towards commercial robotaxi services in China’s capital.

Elon Musk Launches Poll Asking If He Should Quit As Twitter CEO

By Reuters

Dec 30, 2022 10:57 PM

Musk had told a Delaware court last month that he would reduce his time at Twitter and eventually find a new leader to run the company.

Musk To Step Down As Twitter CEO Once He Finds 'Someone Foolish' Enough As Successor

By Reuters

Dec 30, 2022 10:54 PM

Musk's $44 billion takeover of Twitter in October has been marked by chaos and controversy, with some investors questioning if he is too distracted to also properly run his electric-vehicle automaker Tesla

Biden To Visit Taiwanese Chip Manufacturer TSMC's Arizona Plant

By Reuters

Dec 30, 2022 10:51 PM

TSMC, Asia's most valuable listed company, has said it was building on a site for a potential second plant in Arizona. The company began construction in mid-2021.

Honda To Begin Selling Mini-Commercial Electric Vans In Spring 2024

By Reuters

Dec 30, 2022 10:49 PM

Honda's electric van has a target cruising range of 200km (125 miles) and is seeking to set the price at around 1 million yen ($7,270).

Volkswagen Expects Difficult 2023 For Financial Services Unit

By Reuters

Dec 30, 2022 10:34 PM

The financial unit is still benefiting from high prices for used cars and lower costs for credit and residual value risks in the current year.

Volkswagen And Italy's Enel Launch Joint Venture For High-Speed Charging

By Reuters

Dec 30, 2022 10:25 PM

Volkswagen operates partnerships in Europe with BP and Spain's Iberdrola and is a shareholder in fast-charging venture Ionity with rival carmakers BMW, Mercedes-Benz, Ford and Hyundai.

Indonesia To Offer $5,000 Subsidy On Electric Car Sales

By Reuters

Dec 30, 2022 10:07 PM

A subsidy of around 80 million rupiah ($5,131) will be offered on every sale of an electric car, 40 million rupiah on hybrid cars and 8 million rupiah on fully electric motorbikes

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