Category: News

Lazard CEO says geopolitics central to business moves

NEW YORK, Nov 9 (Reuters) – Lazard’s new (LAZ.N) Chief Executive Officer Peter Orszag said escalating geopolitical tensions in China, Ukraine and the Middle East have become a top focus for clients.
“It’s pretty simple – you can’t make a bi……


Polestar stock slides on production forecast cut, new funding announcement

Polestar (PSNY) stock slid 8.7% on Thursday after the luxury electric vehicle maker cut its near and long-term production forecasts, and is raising new funding from its backers, Volvo Cars and China’s Geely.
Polestar said it now sees 2023 deliveries of……


Rocket Lab to launch hypersonic test vehicle for the Defense Innovation Unit

WASHINGTON — Rocket Lab announced a new mission for its suborbital launch vehicle — a 3D-printed hypersonic drone built by Australia’s Hypersonix for the U.S. Defense Department.
The mission, projected for early 2025, is funded by DoD’s Defense Innovat……


United Nations proposes social media guidelines after survey finds 85% of people worry about online disinformation

A hot potato: Do you worry about the impact of online disinformation? According to a global survey by the United Nations, it’s something that 85% of people are concerned about, slightly less than the 87% of those who believe it has already harmed their……


Meta and Microsoft move to protect elections from AI

Microsoft is developing a watermarking service to show the origins of political content, while Meta will require advertisers to disclose if their content has been digitally altered.
Both Meta and Microsoft have announced new measures to deal with the r……


‘The China Project’ media company shuts due to funding problem

BEIJING, Nov 7 (Reuters) – One of the few independently funded English-language publications to cover China in depth for Western audiences, “The China Project”, is to close because of a lack of funding, its editor-in-chief, Jeremy Goldkorn, wrote in a post.

‘The China Project’ media company shuts due to funding problem comes via ChinaTechNews.com.


What’s Bubbling With Underwater Data Centres?

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In 2018, Microsoft worked on a research project — Project Natick — to test the viability of subsea data centres that will be powered by offshore renewable energy. After two successful years, the 40-foot-long, 12 rack, self-containe……


Xiaomi 14 Ultra Tipped To Launch In The First Quarter Of 2024 With Sony LYT-900 Sensor; Here’s What To Expect

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In the wake of Xiaomi’s recent launches, the Xiaomi 14 and Xiaomi 14 Pro, tech enthusiasts are abuzz with anticipation over the rumoured arrival of the Xiaomi 14 Ultra. While the Xiaomi 14 and 14 Pro debuted just a few weeks ago, whispers of the Ultra model have already begun circulating.

Xiaomi 14 Ultra Tipped To Launch In The First Quarter Of 2024 With Sony LYT-900 Sensor; Here’s What To Expect comes via ChinaTechNews.com.


Has Subaru lost the plot with its electric car?

Remember back in the late 1990s and early 2000s when Subaru was a brand many desired to own? Remember when the Japanese brand sold cars that genuinely turned heads and excited not only car people but the average consumer alike?
As a former Subaru WRX o……


Influencer must apologise after court finds Tesla didn’t cause fatal crash report

A court in China has found Tesla not responsible for a fatal crash that occurred in the city of Chaozhou last year.

Shanghai Securities News reports (via Bloomberg) that a crash that killed two people and injured three others in November last year wasn’t caused by a defective Tesla Model Y.

Influencer must apologise after court finds Tesla didn’t cause fatal crash report comes via ChinaTechNews.com.