Summary: Tesla has dropped the term “Full Self-Driving” (FSD) from its smart driving software names in China due to regulatory concerns. The features and pricing remain unchanged. This move aligns with China’s tightening autonomous driving regulations to prevent misleading claims. With the autonomous vehicle market projected to hit $500B by 2030, Tesla’s rebranding ensures compliance…
Summary: Goibibo has appointed cricketer Rishabh Pant as its brand ambassador for its latest marketing campaign alongside cricket legend Sunil Gavaskar. The campaign playfully reinterprets Gavaskar’s famous ‘Stupid, Stupid, Stupid’ phrase to highlight smart travel choices with Goibibo. Pant expressed excitement about working with Gavaskar, praising the campaign’s creative take on travel planning. With this…
Summary: Tesla has urged the U.S. government to reassess tariffs on Chinese imports, warning that escalating trade tensions could disrupt supply chains, increase production costs, and burden consumers. Industry analysts caution that prolonged disputes may slow EV adoption and innovation. Tesla and other automakers advocate for balanced trade policies to support sustainable growth. Introduction Tesla,…
Summary: Nissan has appointed Ivan Espinosa as its new CEO to lead urgent turnaround efforts amid financial and operational challenges. Espinosa, formerly Senior VP for Global Product Strategy, is expected to drive innovation, enhance profitability, and strengthen Nissan’s market position. His leadership will focus on electric vehicles, production efficiency, and restoring investor and consumer confidence….
Summary: Elon Musk has pledged to keep Starlink operational in Ukraine despite rising tensions with Poland. As Poland reassesses its security and military support for Ukraine, Musk emphasized that Starlink remains crucial for Ukraine’s military and civilian infrastructure. The satellite service has played a vital role in battlefield communication, drone operations, and maintaining internet access…
Summary: Sony is restructuring after the failure of ‘Concord,’ a live-service shooter developed by Firewalk Studios. The game failed to attract a consistent player base, leading to its cancellation and the closure of Firewalk and other studios. This highlights the risks of live-service games, pushing Sony to reassess its strategy. Sony’s Studio Closures and the…
Summary: Former U.S. President Donald Trump has proposed eliminating the CHIPS and Science Act to help reduce the national debt. The Act, which provides $52 billion in subsidies to boost U.S. semiconductor production, was signed into law in 2022 to reduce reliance on foreign chipmakers. Trump criticized it as an unnecessary government expense benefiting large…
Summary: Apple shareholders recently voted to uphold the company’s diversity and inclusion policies, despite significant pushback from conservative groups. These policies, which focus on increasing representation within Apple’s workforce, have been integral to the company’s culture and success. Conservative activists argue that such diversity mandates may create divisions and undermine merit-based hiring. However, Apple’s leadership,…
Summary: Tech Mahindra is supporting Apple’s expansion of its ‘Look Around’ feature in India, which provides interactive, street-level imagery for navigation. Leveraging its expertise in digital transformation and geospatial technologies, Tech Mahindra is aiding in data collection, processing, and integration. This collaboration aligns with India’s digital infrastructure goals and ensures compliance with local regulations. The…
Summary: Netflix has laid off multiple developers at Night School Studio, the team behind Oxenfree, as part of a shift toward AI-driven game development. The restructuring aims to streamline production and enhance gaming experiences using artificial intelligence, raising concerns about job security and the future of human creativity in the industry. While Netflix argues that…
