Foxconn, the Taiwanese electronics giant that builds Apple's iPhone, plans to unveil three new electric vehicles on October 18 during its Hon Hai Tech Day. The EV space is heating up as startups, established car companies, and tech firms place big bets on a future free of gas-fueled vehicles.
Starbucks and Netflix are partnering with Netflix to help consumers with a video series that runs across Netflix's YouTube and Facebook channels that allows consumers to learn about the books that have been adapted into films and TV series on the streamer. Book clubs have seen increased interest as consumers have sought socially distanced activities.
Facebook is attempting to shift the narrative on hate speech by arguing that the declining visibility of hate speech mattered more than the mere existence of that content. The "prevalence" of hate on Facebook has dropped nearly 50 percent in the past three quarters to 0.05 percent of content viewed, or five views out of every 10,000.
A new class of start-ups is hoping to address the unintentional performance art of dubbed Hollywood movies. Using artificial intelligence and machine learning, they aim to make the dubbing process more efficient and more natural, part of a movement that is coming to be known as “auto-dubbing”
Amazon ripped off its third-party sellers’ products and rigged search results to favor its own products even as Jeff Bezos told Congress under oath that the company didn’t engage in such practices, the knockoff and manipulation campaign occurred in Amazon’s India division with the approval of high-level executives based in the US.
Google is cracking down on digital ads promoting false climate change claims or being used to make money from such content, hoping to limit revenue for climate change deniers and stop the spread of misinformation on its platforms. The new policy would also apply to YouTube, which announced a sweeping crackdown on vaccine misinformation last week.
The Exchange interviewed the managing director of Sequoia India and head of Capital Network at Blume Ventures to understand what is driving Indian startups to set new records in terms of capital attracted and accelerate prior gains to totals. The country's prominence has risen as the Chinese venture capital market evolves in the face of a changing regulatory environment.
Virgin Galactic has suffered yet another setback, having delayed the start of its commercial space tourism service to the fourth quarter of 2022. The company will begin refurbishing both its carrier airplane and spacecraft this month, expecting the entire process to take between eight to 10 months. The delay is not connected to the recent investigation into Unity 22.
ChinaChina's share of global Bitcoin mining has fallen to effectively zero, research by the Cambridge Bitcoin Electricity Consumption Index suggests. China's crackdown initially led to a 38% fall in mining globally, but this was partially offset by a 20% "bounceback" over July and August.
Tesla must release detailed data about the demographic of its workforce after a shareholder resolution won the support of a majority of investors at the electric car manufacturer's annual meeting last week. The resolution came up for a vote days after a court ruled that Tesla must pay $137 million in damages in a racial harassment lawsuit brought by a Black former elevator operator at the company’s factory in Fremont, California.
Apple Inc. is studying ways to make AirPods into a health device, including enhancing hearing, reading body temperature and monitoring posture. The plans further demonstrate Apple's ambition to add health and wellness features to devices beyond the Apple Watch.
