Chinese EV giant BYD flags huge jump in quarterly profit, shares surge

Chinese EV giant BYD flags huge jump in quarterly profit, shares surge

BYD Co, China’s biggest electric car maker, said third-quarter net profit likely more than quadrupled due to robust sales and a better product mix, sending its shares surging. It estimated that net profit for the July-September quarter came in between 5.5 billion yuan to 5.9 billion yuan ($765 million-$820 million), or an increase of 333% […]

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Elon Musk says he will keep funding Ukraine Starlink Internet

Elon Musk says he will keep funding Ukraine Starlink Internet

San Francisco, Tech billionaire Elon Musk says his rocket firm SpaceX will continue funding its Starlink Internet service in Ukraine, a day after he said it could no longer do so. On the microblogging site Twitter, Musk wrote that “the hell with it… Even though Starlink is still losing money and other companies are getting

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Chinese ‘flying car’ makes first public flight in Dubai

Chinese ‘flying car’ makes first public flight in Dubai

A “flying car” built by Chinese electronic vehicle maker Xpeng Inc. made its first public flight in the United Arab Emirates, as the company works towards launching the electric aircraft in international markets. The X2 is a two-seater electric vertical take-off and landing (eVTOL) aircraft that is lifted by eight propellers – two at each

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UK delays removing Huawei hardware from 5G network core

UK delays removing Huawei hardware from 5G network core

After consulting with the company and telecom operators, Britain extended the deadline to remove equipment and services from China’s Huawei in core network functions to December 31, 2023, from an original target of January 28, 2023, The government said the deadline to remove all Huawei gear from Britain’s 5G networks by the end of 2027

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This is TikTok parent’s plan to take on Spotify

This is TikTok parent’s plan to take on Spotify

China’s ByteDance Ltd is in talks with music labels for expanding its music-streaming service globally to compete with industry leaders such as Spotify Technology SA, the Wall Street Journal reported. The TikTok parent plans to eventually integrate music streaming within its short-video service and scale it to serve as a major platform for distributing music

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Infinix reveals launch date of INBook X2 Plus laptop and 43Y1 smart TV

Infinix reveals launch date of INBook X2 Plus laptop and 43Y1 smart TV

Hong Kong-based smartphone company Infinix will launch its INBook X2 Plus laptop and 43Y1 smart TV on October 12 in India. The company took to Twitter to announce the launch date of the two upcoming products. As per the tweet, both the devices will be made available on Flipkart for purchase. The company has not

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FTC files slimmed-down complaint in fight with Meta over Within acquisition

FTC files slimmed-down complaint in fight with Meta over Within acquisition

Antitrust enforcers who have asked a federal judge to stop Facebook parent Meta Platforms Inc from buying virtual reality content maker Within filed a shorter version of their complaint on Friday. The Federal Trade Commission had filed a lawsuit in July saying that Meta‘s acquisition of Within Unlimited Inc would “tend to create a monopoly”

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Google Pixel 7, Pixel 7 Pro smartphones: Price, new design and complete buyers guide into Google’s premium phones

Google Pixel 7, Pixel 7 Pro smartphones: Price, new design and complete buyers guide into Google’s premium phones

Google has announced new camera features for the Pixel 7 series. These include support for a new ‘Cinematic Blur’, ‘Photo Unblur’ and ‘Guided Frame’. ‘Cinematic Blur’ lets users shoot cinema-like videos with beautiful, shallow depth-of-field. ‘Photo Unblur’, a Google Photos feature coming first to Pixel 7 and Pixel 7 Pro, will use machine learning to

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Italian court lifts antitrust fine against Apple and Amazon

Italian court lifts antitrust fine against Apple and Amazon

A document showed an Italian administrative court scrapped a fine imposed by the country’s antitrust authority on U.S. tech giants Apple and Amazon for alleged collusion. The antitrust authorities fined both companies a total of more than 200 million euros ($195.3 million) in 2021, citing alleged anti-competitive cooperation in the sale of Apple and Beats

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