latest and trending technology news of the world.
South Korean battery maker LG Energy Solutions (LGES) said that it had entered into a non-binding deal for battery-grade lithium supply with Compass Minerals while negotiations for a final agreement were ongoing. Prices of battery metals including lithium, cobalt and nickel have rallied to multi-year highs due to red-hot demand for electric vehicles (EVs). Compass … Read more
Volkswagen’s CEO said he sees a strong second half of 2022 and expects to make progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs. “We are earning more than ever,” Chief Executive Herbert Diess said at a works meeting, adding Volkswagen is ramping up … Read more
British broadband companies and mobile operators have committed to allow struggling customers to move to cheaper packages without charge, the government said, as part of its efforts to ease a growing cost-of-living crisis. Other commitments taken by companies such as BT, Virgin Media O2, Vodafone and Sky included agreeing manageable payment plans, and options to … Read more
LG Electronics said on Sunday it has acquired a domestic EV charging maker to advance into the EV charging solutions business amid a global electrification push. Electronics of LG recently acquired a 60 percent stake in AppleMango for an unspecified amount, with GS Energy and GS Neotek taking over 34 percent and 6 percent stakes … Read more
Poco this week finally launched the much-awaited Poco F4 – a spiritual successor to Poco F1 – in India. The vanilla F4 is the second smartphone in the F4 lineup, which consists of another gaming-oriented F4 GT. Poco F4’s key specifications include a 6.67-inch 120Hz AMOLED display, Snapdragon 870 chipset, 64MP triple camera setup and … Read more
Tesla Enhanced Autopilot now available in US, China San Francisco: Elon Musk-owned electric vehicle company Tesla’s Enhanced Autopilot is available in the US and China. According to Teslarati, in the US, Enhanced Autopilot costs $6,000. Meanwhile, in China, it costs approx 31,970 yuan ($4,779). The features included in Enhanced Autopilot are Navigate on Autopilot, Auto … Read more
Crypto broker Voyager Digital Ltd. has lowered its daily withdrawal limits to $10,000 from $25,000, according to an update on the company’s website. The change comes after the company on Wednesday said its subsidiary may issue a default notice to Three Arrows Capital Ltd if the cryptocurrency hedge fund fails to repay its loan. Voyager … Read more
The Italian government has chosen the offer of Internet operator Fastweb and web hosting provider Aruba to create a cloud-based infrastructure for the country’s public administration data. The infrastructure, called the National Strategic Hub (NSH), is part of the Italian government’s strategy to accelerate a digital transformation and guarantee national data security and control. A … Read more
Malaysia’s total vehicle sales fell 11.76 percent from April to 49,603 in May due to a shortage of chips and components, according to the Malaysian Automotive Association (MAA). The shortage of chips and components and logistics delay disruptions continue to affect some makes, the MAA said in a statement. It also attributed the fall to … Read more
Tech giant Meta, formerly called Facebook, has announced that it is launching a digital clothing store — Avatars Store — that will let users purchase outfits for their avatar. In a Facebook post, CEO Mark Zuckerberg said launching ‘Avatars Store’ on Facebook, Instagram and Messenger so that users can buy digital clothes to style their … Read more