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Tesla Collaborates with Tata Electronics for Semiconductor Chip Sourcing

15Apr By AdityaNo Comments

Automobile

Tesla Collaborates with Tata Electronics for Semiconductor Chip Sourcing

New Delhi, 15th April 2024: In a recent report by The Economic Times, it has been disclosed that Tesla has entered into a strategic partnership with Tata Electronics to secure semiconductor chips for its global operations. This deal, which was finalized a few months ago, highlights Tata Electronics as a reliable supplier for leading global clients looking to strengthen their semiconductor value chain in India. Although specific details regarding the agreement's value and other terms remain confidential, this collaboration underscores Tesla's ambitions to expand its presence in India, which is currently the world's fastest-growing major automotive market. Elon Musk, the visionary entrepreneur behind Tesla, is set to visit India soon for discussions with Prime Minister Narendra Modi. Dur...

27Mar By AdityaNo Comments

CHINA

China Implements New Guidelines to Ban Intel, AMD Processors in Government Computers

Beijing, 27th March 2024: China recently introduced new procurement guidelines aimed at reducing its reliance on foreign technology, specifically U.S. processors, in government computers and servers. This move effectively blocks chips from leading companies like Intel and AMD, as reported by the Financial Times. The guidelines, which were unveiled on Dec. 26 and are now in effect, also impact Microsoft's Windows operating system and foreign-made database software in favor of Chinese alternatives. Government agencies at the township level have been instructed to purchase "safe and reliable" processors and operating systems, according to the FT report. Both AMD and Intel have refrained from commenting on the matter. This development is part of China's broader efforts to bolster its do...

23Mar By AdityaNo Comments

Automobile

BYD beating Tesla in EV Game

New York, 23rd March 2024: BYD is making significant strides in overtaking Tesla as the leading battery-electric vehicle producer globally. Following another upgrade, Wall Street is showing interest as the stock price of BYD saw an increase on Monday. In November, the Chinese EV manufacturer reported delivering over 301,000 passenger vehicles, marking a 31% year-over-year growth. Of these, over 170,000 were all-battery electric vehicles (BEVs), showing an almost 50% increase from the previous year. Additionally, BYD also delivered approximately 131,000 plug-in hybrid vehicles. During the first two months of the fourth quarter, BYD recorded almost 336,000 BEV deliveries, marking a 55% increase compared to the previous year. With this growth trajectory, BYD is on track to delive...

Accenture Acquired Udacity, Launched Accenture LearnVantage Platform

7Mar By AdityaNo Comments

ACQUISITION, News

Accenture Acquired Udacity, Launched Accenture LearnVantage Platform

MOUNTAIN VIEW, California; March 7, 2024 – IT MNC Accenture acquired Udacity, a digital education pioneer with deep expertise in the development and delivery of proprietary technology courses that blend the flexibility of online learning with the benefits of human instruction. Terms of the transaction were not disclosed. Udacity’s team of more than 230 professionals will join newly launched edtech platform Accenture LearnVantage, which provides Accenture’s clients with comprehensive technology learning and training services that will help them reskill and upskill their people in technology, data and AI to reinvent their organizations and achieve greater business value. The company will invest $1 billion in Accenture LearnVantage over three years. According to Accenture research, bus...

Nuclear Battery For Smartphone Launched by Chinese Startup Betavolt, No Charging Required For 50 Years

18Jan By AdityaNo Comments

CHINA

Nuclear Battery For Smartphone Launched by Chinese Startup Betavolt, No Charging Required For 50 Years

The face of sustainable energy is undergoing a transformative shift with the entrance of Betavolt, a Chinese innovation powerhouse, into the realm of power generation. This startup is making waves with its cutting-edge nuclear battery the world's pioneering miniature atomic powerhouse that promises a staggering 50-year lifespan without a single charge. This promises to redefine our approach to energy consumption in mobile devices, with implications reverberating across multiple industries. About Nuclear Battery A nuclear battery is any device that harnesses energy from radioactive element isotope decay to generate electricity. Nuclear battery, atomic battery, and radioisotope generator are interchangeable terms that indicate how the power source creates a current. How Nuclear Bat...

9Jan By AdityaNo Comments

ANALYSIS

How Reels affects your Child brain

In today's digital era, social media platforms have become an integral part of our lives, and social media platforms like Facebook, Instagram, Youtube stands out as one of the most popular platforms. One of its highly influential features, called "Reels," has taken these platform by storm. These captivating video clips have an uncanny ability to capture our attention, keeping us scrolling for hours. However, it's crucial to explore the detrimental effects these social media reels can have on the developing child brain. The impact lies in the intriguing domain of dopamine, commonly known as the "feel-good" neurotransmitter. Understanding the Dopamine Rush Dopamine plays a significant role in regulating mood, motivation, and reward as a chemical messenger in the brain. The neurotransmit...

Titan acquires 10% Stake in CueZen for Wearable Tech

15Dec By AdityaNo Comments

ACQUISITION

Titan acquires 10% Stake in CueZen for Wearable Tech

15th December 2023, Calif.: Leading lifestyle company Titan Company announced that its subsidiary, TCL North America, has entered into an agreement to acquire a 10 percent stake in CueZen, a Delaware Corporation. Through a Series Seed Stock Purchase Agreement, TCL North America will subscribe to Series Seed Preferred Stock in the Common Stock, resulting in a fully diluted ownership of 10 percent in CueZen. The transaction is valued at $3.5 million and is expected to be completed by December 31, 2023. This investment is a strategic move for TCL North America to explore the potential technologies offered by CueZen in its smart wearable business. In November, Titan Company, owned by Tata, reported a 9.7 percent YoY increase in net consolidated profit to Rs 916 crore during the September q...

30Nov By AdityaNo Comments

CHINA

Report: Xi Jinping Worry About China’s Mass Exodus of Talent and Foreign Investment

Beijing, 30th Nov 2023: The signs of historically weak overseas investment in China are evident, reflecting a decline in foreign direct investment (FDI) and various related factors. China's sluggish economy and a sense of insecurity among foreigners makes Chinese Premier Xi Jinping worry about the future. As per our sources the decline and exodus of investment and business in China is in very bad situation. The number of students and tourists visiting China significantly decreased as well. Recently, the State Administration of Foreign Exchange reported an unprecedented deficit of $11.8 billion in direct investment liabilities, reflecting a significant decline in FDI. Foreign firms are refraining from reinvesting their earnings, and for the first time ever, these businesses are ...

Financial World Legend Charlie Munger Passes Away at 99

29Nov By AdityaNo Comments

News

Financial World Legend Charlie Munger Passes Away at 99

29th November, 2023: Charlie Munger, a renowned figure known for his close association with the celebrated American investor Warren Buffett, sadly passed away at the age of 99 on Tuesday. Having spent nearly six decades as Buffett's confidant and business partner, Munger played a pivotal role in the remarkable transformation of Berkshire Hathaway Inc. from a struggling textile manufacturer to an influential global empire. Charlie Munger's family has shared the news of his peaceful passing on Tuesday at a California hospital. Berkshire Hathaway expressed their mourning in a press release, acknowledging the significant impact Munger had on the company's trajectory. Warren Buffett, CEO of Berkshire Hathaway, deeply recognized Munger's inspiration, wisdom, and unwavering commitment to the ...

Ex-Binance CEO Zhao’s Lawyers Urge U.S. Judge to Reject Travel Restrictions in Money Laundering Case

25Nov By AdityaNo Comments

USA

Ex-Binance CEO Zhao’s Lawyers Urge U.S. Judge to Reject Travel Restrictions in Money Laundering Case

NY, 25th November 2023: Lawyers representing former Binance CEO Changpeng Zhao are requesting the U.S. Department of Justice to allow him to return to his residence in the United Arab Emirates until he sentence for violating anti-money laundering regulations. In a Thursday motion, Zhao's legal team urged U.S. District Judge Richard Jones in Seattle to uphold the bail conditions set by a magistrate judge, which would permit Zhao to leave the United States while awaiting his sentencing. Changpeng Zhao, a citizen of both the UAE and Canada, resigned as the CEO of Binance after pleading guilty to knowingly causing the global cryptocurrency exchange to fail in maintaining an effective anti-money laundering program. U.S. authorities have accused Binance of violating U.S. anti-money l...

Zomato or Paytm? Which Stock is Good For Long Term

29Oct By AdityaNo Comments

Market

Zomato or Paytm? Which Stock is Good For Long Term

Investing in stocks can feel a bit like peeking behind the curtain of a magic show. You know there's something fascinating going on, but you're just not sure how it all works. As a self-proclaimed stock market enthusiast, let me be your guide in this magic show, particularly focusing on two hot Indian stocks - Zomato and Paytm. Analysing Zomato: A Hearty Meal for Your Investment Back in the day, hunting for good food involved a bit of a treasure hunt. Luckily, with apps like Zomato, the treasure comes to us. But let's look beyond the plate—should we be hunting for Zomato stocks? In July 2021, Zomato was listed on the stock exchange. Even in its infancy, the stock looked promising, with an overwhelming response from the market. As an online food delivery service, Zomato has a sign...

Ferrari Embraces Crypto: A Groundbreaking Move in Luxury Sports Car Industry

16Oct By AdityaNo Comments

Automobile

Ferrari Embraces Crypto: A Groundbreaking Move in Luxury Sports Car Industry

NY, 15th Oct 2023: Ferrari, the esteemed Italian luxury sports car manufacturer, has recently made a revolutionary decision to accept cryptocurrency as a form of payment. Initially introduced in the United States and soon to be extended to Europe, this move was prompted by dealers and individual clients who have made significant investments in the world of crypto. Enrico Galliera, the Chief Marketing and Commercial Officer of Ferrari, expressed his enthusiasm for the company's initiative to facilitate the purchase of their luxury vehicles through digital currencies. With a strong customer base already booked for the coming years, Galliera is optimistic about this bold plan, stating, "Our aim is to connect with individuals who may not currently be our clients but have the means to affor...