Li Ke of BYD: Competition Fortifies Chinese Automakers, While European Rivals Shun It

October 12, 2024 – In an interview with German media, Li Ke, the Executive Vice President of BYD, asserted that the intense competition in the market has rendered Chinese automakers “exceptionally competitive,” whereas European automakers, on the other hand, are averting competition. Li Ke Li Ke spoke to the Frankfurter Allgemeine Zeitung’s Sunday edition regarding…

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Major Update: Google Translate Now Supports 110 Additional Languages, Reaching 8% of Global Population

June 28, 2024 –Google announced today that it is expanding Google Translate to include 110 new languages, encompassing Cantonese, NKo, and Tamazight. These languages, ranging from Cantonese to Qʼeqchiʼ, are spoken by over 614 million people, accounting for approximately 8% of the global population. Some of these languages are major world languages with over 100…

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Q2 Sees Faraday Future’s Net Loss at $125 Million, Company Stays Committed to 2025 Profitability

August 22, 2023 – In the latest quarterly report, Faraday Future announced a notable reduction in its losses, signaling a promising shift towards profitability. For the second quarter ending on June 30th, the company reported a loss of $124.9 million, or 10 cents per share, a significant improvement compared to the $141.7 million loss, or…

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Gurman Insights: Apple Holds Off on Portless iPhone Amid Technology, Regulation, and User Experience Balancing Act

March 18, 2025 – In a blog post yesterday, March 17, renowned Apple analyst Mark Gurman from Bloomberg revealed that Apple had initially intended to eliminate the USB-C port from the iPhone 17 Air, making it reliant solely on MagSafe wireless charging. However, due to pressures stemming from EU regulations and consumer concerns, the tech…

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UK Regulator Probes Microsoft’s Transactions with Inflection AI

July 17, 2024 – The UK’s Competition and Markets Authority (CMA) announced on July 16th that it is investigating Microsoft’s hiring of several former employees of Inflection AI and the arrangements made with the company. The regulatory body has expressed concerns that these actions could potentially lead to a “substantial lessening of competition.” In its…

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