Technology News
Tesla Falls On Growing Angst Over Musk's Focus On Twitter
Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.
Israeli Startup Makes Inroads With Personal Flying Vehicle
Dec 31, 2022 05:35 PM
The test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.
Swedish Self-Driving Truck Start-Up Einride Raises More Cash
Dec 31, 2022 05:34 PM
Einride had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company's ability to pursue new markets and customers.
Japan Lawmaker Says TSMC Is Considering Second Plant In Japan
Dec 31, 2022 05:34 PM
A senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.
Analysis: Retailers Turn To Robots In Cost Inflation Fight
Dec 31, 2022 05:30 PM
While retail has been slower to adopt automation than sectors such as autos and electronics, it has been picking-up the pace - from the introduction of basic self check-out tills in stores to the use of robots and AI in supply chains.
Bosch To Beat Forecasts, Double Down On India - Report
Dec 31, 2022 05:29 PM
Bosch is set to earn more than 87 billion euros in revenues in 2022
Redwood Materials Joins Electric Vehicle, Battery Trek To South Carolina
Dec 31, 2022 05:28 PM
Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials
Elon Musk Expects Neuralink's Brain Chip To Begin Human Trials In 6 Months
Dec 31, 2022 05:28 PM
Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months.
LG Energy Solution To Invest $3.1 Billion In S.Korea Battery Facility
Dec 31, 2022 05:25 PM
The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure