XPeng Bets Robots Will Be More Profitable Than Its Cars
XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business. Source link
Business
Business
Why Tesla has been caught up in a massive car recall in China
Hidden door handles are widely used in modern cars in China, with around 60% of the top 100 best-selling new
How the Iranian Shahed Drone Transformed War—With China’s Help
The rapid rise of cheap one-way attack drones was made possible by a complex global supply chain that keeps leading
Business
Musk’s SpaceX to build $100bn launch facility in Louisiana
Multi-billionaire Elon Musk’s rocket company SpaceX has announced that it will build its largest launch site yet in the southern
Deloitte to Pay $21.5 Million to End DOJ Fraud Investigation Over DEI Policies
The Trump administration has been probing major U.S. companies under a novel use of a federal law meant to police
Business
Iconic Bitcoin mine pivots to AI as industry turns back on crypto
Like AI systems, Bitcoin relies on vast networks of powerful computers housed in data centres. Because Bitcoin operates without a
Business
Firms scramble for battery power in Spain and Portugal
Firms across Europe have been switching to electricity from fossil fuels for their industrial needs, encouraged by subsidies from EU
Anthropic Thinks Its Potential Revenue Is Greater Than SpaceX’s
Plus, the CIA director visits Russia and Canada hits back with retaliatory tariffs. Source link
Zoom Communications Revenue Rises on Enterprise Growth
The video conferencing company also bumped up its guidance for the year. However, its earnings guidance for the current quarter
Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users
The company said it expects revenue to increase 9% to 10% for fiscal 2027, slowing from 14% this year, as