What's New?

Sunday, 10 October 2021

AMO Mobility plans to raise around $200 million in three years to fund expansion

The funds will be utilised for various business activities, including enhancing production capacity and new product development, AMO Mobility founder Sushant Kumar said.

from Tech-Economic Times https://ift.tt/3iOyNPZ

No let up in China's aim to curb tech monopolies, says PBoC governor

The central bank will work with anti-monopoly authorities to prevent firms from abusing dominant market positions and actively deal with new monopoly problems, governor Yi Gang said

from Tech-Economic Times https://ift.tt/3v5oFr5

First Berlin Teslas could come next month, Elon Musk tells fans

Tesla CEO Elon Musk said volume production would amount to 5,000 or "hopefully 10,000" vehicles per day, and battery cells would be made there in volume by the end of next year.

from Tech-Economic Times https://ift.tt/3FImhvx

Saturday, 9 October 2021

Dream11 founders booked for flouting Karnataka gaming ban

The Bengaluru City Police is preparing to summon Dream11 founders Harsh Jain and Bhavit Sheth in connection with an FIR, which claims that the fantasy sports platform has flouted the recently implemented Karnataka gaming ban.

from Tech-Economic Times https://ift.tt/3ancfBp

Could Facebook sue whistleblower Frances Haugen?

US law protects whistleblowers who disclose information about potential misconduct to the government. But that protection doesn't necessarily cover taking corporate secrets to the media.

from Tech-Economic Times https://ift.tt/3DuBjmB

Apple asks judge to pause Epic Games antitrust orders as it appeals ruling

Apple said that complying with the order could cause it and consumers harm. It said it expects to win an appeal challenging the order and that it wants the legal process, which could last about a year, to play out first.

from Tech-Economic Times https://ift.tt/2WWonWR

China proposes adding cryptocurrency mining to 'negative list' of industries

The "negative list" details sectors and industries that are off-limits to both Chinese and foreign investors.

from Tech-Economic Times https://ift.tt/3lljAYp