World News

latest and trending technology news of the world.

Ride-hailing app Cabify shutters Ecuador operations

Ride-hailing app Cabify shutters Ecuador operations

Ride-hailing application Cabify will end its operations in Ecuador in mid-March after a “constant process of analysis” on the market, the company said. Cabify, which has operations in a handful of other Latin American countries and Spain, said in a statement that the decision would cut its services in the cities of Quito and Guayaquil […]

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Sandvik to supply electric mining vehicles to Rana Gruber

Sandvik to supply electric mining vehicles to Rana Gruber

Swedish mining gear maker Sandvik has received an order for 19 battery-electric vehicles from Norwegian iron ore producer Rana Gruber, the two companies said. The agreement supports Rana’s aim to operate the world’s first carbon-free iron ore mine by the end of 2025, and to lower its operational costs, the Norwegian group’s Chief Executive Officer

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walmart: Walmart to close three tech hubs: Wall Street Journal report

walmart: Walmart to close three tech hubs: Wall Street Journal report

Walmart Inc plans to close three of its US technology hubs and has asked hundreds of workers to relocate to keep their jobs, the Wall Street Journal reported citing an internal memo. The big-box retailer will close offices that house technology staff in Austin, Texas; Carlsbad, California; and Portland, Oregon, the report said, citing the

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Tesla, after recent cuts, raises starting price of Model Y in China

Tesla, after recent cuts, raises starting price of Model Y in China

Tesla Inc has increased the starting price of its Model Y crossovers by 0.8 percent to 261,900 yuan ($38,577.11) in China, after the company‘s aggressive price cuts at the beginning of the year ignited demand. Tesla raised the price for the rear-wheel drive version of Model Y by 2,000 yuan from 259,900 yuan previously, according

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Meta expands its monetisation feature ‘Gifts’ across US on Instagram

Meta expands its monetisation feature ‘Gifts’ across US on Instagram

Meta has announced that it is expanding its Reels-focused monetisation feature ‘Gifts‘ across the US on Instagram, offering a way for users to easily begin earning money from their audience. Gifts allow followers to show their appreciation through direct monetary support, the company said in a blogpost. Creators can receive gifts from followers who purchase

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Alibaba says testing ChatGPT-style tool as AI buzz gathers pace

Alibaba says testing ChatGPT-style tool as AI buzz gathers pace

China’s Alibaba Group said it is developing a ChatGPT style artificial intelligence (AI) tool and that it was currently in internal testing. Microsoft-backed chatbot sensation ChatGPT – which can generate articles, essays, jokes and even poetry in response to prompts – has been rated the fastest-growing consumer app in history since it was launched in

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