Category: Technology News

Tesla
Technology News

Tesla Will Continue to Expand Its Investments in China

According to the latest news, the giant tech-maker Tesla will continue to expand its investments in China. On Sunday, Tesla’s CEO, Elon Musk, reassured the company’s commitments to the Asian country.  The billionaire’s comments came

Chip shortage to cost the car industry $210bn in revenue
Technology News

Chip Shortage to Cost the Car Industry $210bn in Revenue

According to American consulting firm AlixPartners, the semiconductor chip shortage now cost the global automotive industry $210 billion in revenue in 2021. Remarkably, the forecast is almost double its previous projection of $110 billion in

Amazon's AI Driver Cameras Reduce Drivers Income
Technology News

Amazon’s AI Driver Cameras Reduce Drivers Income

Amazon drivers are unfairly punished for things out of their control after installing AI-powered cameras in delivery vans. As we know, the e-commerce giant, Amazon, began to install Netradyne cameras in its delivery vans earlier

UBER
Technology News

Uber Revised Its Financial Outlook for Q3 of 2021

On Tuesday, the ride-hailing giant, Uber, revised its financial outlook for the third quarter of the year. Remarkably, bookings and adjusted earnings shouldn’t be better than the first reported. The company announced in an SEC

Radware is selling itself to Siris Capital
Technology News

Radware Is Selling Itself to Siris Capital

According to the latest news, Radware is selling itself to private equity firm Siris Capital. Notably, Radware is a cybersecurity firm specializing in detecting and stopping server attacks. Remarkably, it has a market valuation of