Monday, June 7, 2021

Elon Musk's "quickest production car" has been cancelled

Model S Plaid+, which would have been Tesla's highest-end model with a driving range of 520 miles, was unveiled at a battery event last year and Musk said it would adopt its next-generation 4,680 battery cells. But production was pushed back to 2022 from the end of 2021.

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1 out of 2 smartphones to support 5G by 2022-end globally: Report

With the average selling prices (ASP) likely to continue declining by double-digits in the near future, it is expected that one out of every two smartphones sold globally will support 5G by the end of 2022, a new report showed on Monday.

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SK Telecom denies selling stake in e-commerce unit to Amazon

SK Telecom, a major mobile carrier, denied a news report on Monday that it is planning to sell a stake in its e-commerce unit 11Street to ecommerce giant Amazon in a bid to bolster its online retail business.

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Sunday, June 6, 2021

Google says supports work to update international tax rules

Google said that it supports the work being done to update international tax rules after G7 finance ministers agreed to pursue a global minimum corporate tax of at least 15% and to reallocate taxing rights for large, profitable multinational companies.

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Amazon under fire after bikini having colours of Karnataka flag, emblem on sale

"Multinational companies should stop such repeated insult of #Kannada This is a matter of Kannadigas' self-pride and we will not tolerate the rise in such incidents. @amazonca should, therefore, apologise to Kannadigas. Legal action will be taken immediately against @amazonca," a Karnataka minister tweeted.

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Taiwan to quarantine workers to control Covid spike at tech firm

While cases had been concentrated in Taipei and neighbouring New Taipei, health authorities are now trying to stop an outbreak at two chip packagers in Miaoli, King Yuan and Greatek Electronics, as well as ethernet switch maker Accton Technology Corp.

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Data abuse: EU and UK open anti-trust probes into Facebook

The European Commission and the UK regulators have opened formal anti-trust investigations into Facebook for allegedly abusing its dominant position in the social media/digital advertising markets through the collection and use of advertising data.

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