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Business

Tesla Faces 11.5% Drop in January Deliveries in China Amid Rising Competition

Tesla's January deliveries in China fell by 11.5% year-over-year, with 63,238 units sold. Meanwhile, BYD saw a 47.5% increase, delivering 296,446 vehicles. Tesla's Model 3 and Mode...

Business

Meta Partners with UNESCO to Revolutionize AI Translation for Underserved Languages

Meta Platforms Inc. collaborates with UNESCO to develop advanced AI translation technologies, aiming to support underserved languages. The initiative includes a Language Technology...

Business

French Authorities Probe X Corporation Over Alleged Algorithm Manipulation

The Paris Prosecutor's Office investigates Elon Musk's X Corporation for alleged algorithmic distortions. The probe examines potential manipulations in automated data processing sy...

Business

Amazon Faces Legal Hurdle: German Court Rules in Favor of Nokia in Patent Dispute

The Duesseldorf Regional Court has ruled that Amazon infringed on a Nokia patent related to streaming services, requiring Amazon to stop using the technology. Nokia hopes for a fai...

Business

China Launches Groundbreaking Pilot Program for Insurance Funds to Invest in Gold

China's NFRA introduces a pilot program allowing insurance funds to invest in gold, aiming to diversify investment options and improve asset-liability management in the insurance s...

Business

Tesla Faces a Steep Decline in January Deliveries in China Amid Rising Competition

Tesla Inc. saw an 11.5% drop in electric vehicle sales in China for January, as reported by the CPCA. Meanwhile, competitor BYD experienced a 47.5% increase in deliveries. Tesla's ...

Business

Meta and UNESCO Collaborate to Revolutionize AI Translation for Minority Languages

Meta Platforms Inc. collaborates with UNESCO to develop advanced AI for translating minority languages, seeking partners for its Language Technology Partner Program and launching a...

Business

Softbank Poised to Inject $40 Billion into OpenAI, Revolutionizing AI Development

SoftBank Corp. is reportedly investing $40 billion in OpenAI, potentially increasing its valuation to over $300 billion. Part of the investment may fund the Stargate AI project, ma...