Technology

baidu company

Baidu Plans to Launch Driverless Robotaxis in 100 Cities

On Thursday, Baidu announced its plans to launch its driverless taxi service in 100 Chinese cities by 2030, ramping up its autonomous driving ambitions. At present, the Chinese internet giant operates its Apollo Go robotaxi service in five local cities. Interested users can hail an autonomous car via an application.  Subsequently, Baidu hopes to widen …

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microsoft windows logo

Microsoft Shifts to Annual Updates for Windows 10

On Wednesday, Microsoft Corporation announced that it would move to one annual update for Windows 10 instead of twice a year. Accordingly, this subtle yet significant shift would minimize the frustration that customers experience. In addition, the tech giant unveiled the Windows 10 November 2021 Update, better known as version 21H2. Consequently, this covers stronger …

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TMN - Tesla

Tesla Receives a $162M Lawsuit from JPMorgan Chase

On late Monday, JPMorgan Chase & Co. filed a lawsuit against Tesla, seeking to recover $162.20 million. Accordingly, the investment bank sued the electric vehicle maker as it failed to make a contractually required payment related to warrant transactions.  In the complaint, JPMorgan expects Tesla to deliver shares or cash if its stock goes beyond …

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Toyota Pursues its Hydrogen Dream

On Monday, Toyota Motors chased its hydrogen dream as it raced an experimental car around the Okayama International Circuit. Accordingly, its chief executive officer Akio Toyoda steered around the colorful Corolla Sport. The vehicle uses a converted GR Yaris engine operating on hydrogen.  Remarkably, the commercial viability of the power plant could maintain internal combustion …

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Subaru

Subaru Reveals Solterra, its First-All Electric Car

On Thursday, Japan’s Subaru revealed its first-all electric car, Solterra, the outcome of a two-year joint development agreement with Toyota Motors.  Accordingly, the launch came amid the rising demand for electric vehicles (EV) as regulators worldwide tightened environmental directives to reduce carbon emissions.  In line with this, the technological change from the traditional internal combustion …

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jd.com

JD.com Racks Up $48.70 Billion in Sales on Singles’ Day

On Thursday, Chinese e-commerce giant JD.com smashed its last year Singles’ Day record as it racked $48.60 billion in sales on its platform. Accordingly, the stated figure referred to the transaction volume, the amount of money operated on its platform. In addition, it does not equate to the company’s revenue, still it reflects the increased …

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TMN - Google

Google Loses Key Appeal on Antitrust Battle with EU

On Wednesday, The European Union General Court upheld the antitrust ruling against Google, dismissing the key appeal of the tech giant.  Accordingly, the EU explained that the European Commission, the executive arm of the EU, made the right decision on fining the firm.  Remarkably, this represents a landmark moment for EU policy that could affect …

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roblox

Roblox Stocks Skyrocketed after Reporting Solid Q3 Results

On Tuesday, shares of Roblox Corporation skyrocketed in the post-trading after reporting solid third-quarter 2021 results.  Accordingly, the video game developer boosted 28.19% or 21.71 points to $98.71 per share. It significantly rallied from its Monday low of 1.27% or 0.99 points to $77.00 per share.  Founded last 2006, Roblox is a technology company that …

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