Tesla is preparing to expand its insurance business internationally – starting with insurance products in the United Kingdom. The automaker originally introduced its own insurance product in California, but it didn’t utilize real-time driving data or Tesla’s safety score, which had been the original goal. Before expanding its insurance product to other markets, Tesla wanted
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Following a recent supervisory board meeting, Volkswagen Group has announced a major shift in its electrification strategy to expedite EV production over the next five years. Additionally, the German automaker intends to revamp its software strategy in support of the effort. Software issues have had a huge effect on Volkswagen’s EV output up to this
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In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google employees are criticizing leadership, most notably CEO Sundar Pichai, for the way the company handled the announcement this week of its ChatGPT competitor called Bard. Staffers took to the popular internal
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SMIC’s 14nm chip yield has reached industry production level. Future Publishing | Getty Images China’s biggest chipmaker SMIC posted record revenue in 2022, despite ongoing U.S. sanctions, but warned of a more difficult year ahead given a slump in the semiconductor industry. SMIC said on
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Energy suppliers have agreed to end the forced installation of prepayment meters in vulnerable customers’ homes, the government has said. The move comes as an investigation revealed debt collectors working for British Gas forced their way into the homes of vulnerable customers. An undercover investigation by The Times claimed a company used by British Gas
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8:22 PM ET Oklahoma and Texas have agreed in principle to pay the Big 12 a total of $100 million to join the SEC in 2024, a year earlier than they had originally intended, the conference announced Thursday night. The agreement is subject to the final approval from the Oklahoma and Texas governing boards. While
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