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DETROIT (Reuters) - Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023, the companies said on Thursday.
LONDON (Reuters) - Elon Musk says Tesla won't use or accept bitcoin until he can be sure it's produced sustainably. He may be waiting some time.
(Fixes the formatting in the third graphic on monthly SPAC IPO deals)
(Reuters) -Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency.
Exquisitely garbed in a traditional cheongsam dress, 76-year-old Sang Xiuzhu is one of an unlikely vanguard of elderly influencers storming Chinese social media with videos of glamour in the golden years.
ByteDance Ltd’s TikTok is working with brands including streetwear label Hype to test in-app sales in Europe, a move that will intensify its competition with Facebook Inc and further blur the line between social media and online shopping.
Chinese cryptocurrency financial services firm Babel Finance rides the mainstream wave with US$40mil Series A
From geek-only to institutional, cryptocurrencies are becoming mainstream. Babel Finance, a Hong Kong-based crypto financial services firm, has just raised US$40mil from Sequoia Capital China and Tiger Global Management.
Apple’s attempt to diversify manufacturing to India is being stymied by New Delhi’s coronavirus crisis
Apple has been hit by Covid-19 infections at two of its India plants, according to Taiwan media report. The coronavirus wave is likely to slow handset manufacturing production in India and weaken consumer demand, analysts say.
LONDON (Reuters) - Lidar sensor maker Innovusion said on Monday it had raised $64 million in funding to ramp up production to supply Chinese electric vehicle (EV) maker Nio Inc's ET7 sedan, which is scheduled to start deliveries in early 2022.
ByteDance is on a hiring spree as it gears up to dethrone e-commerce king, Alibaba, amid other expansion plans.