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

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

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

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

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

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

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