2025

PhonePe Receives US$200 Million Investment from Walmart

PhonePe, the digital payments platform owned by Flipkart, has received a massive investment of US$200 million from Walmart, the American retail giant. This investment is part of PhonePe's ongoing fundraising round, which aims to raise US$1 billion in total.The investment from Walmart is significant for PhonePe as it not only provides the company with a substantial amount of capital but also strengthens its ties with Walmart. Flipkart, the parent company of PhonePe, was acquired by Walmart in 2018 for US$16 billion, making it one of the largest e-commerce deals in

Indonesia to Produce Minicab-MiEV Electric Vehicles for Domestic Use by 2024

Indonesia is set to become the first Southeast Asian nation to produce electric vehicles (EVs) for domestic use. The country's Ministry of Industry has announced plans to produce Minicab-MiEV electric vehicles by 2024.The Minicab-MiEV is a four-seater electric car that is powered by a lithium-ion battery. It has a range of up to 200 kilometers and can be recharged in just four hours. The car is designed to be affordable and efficient, with a price tag of around $10,000.The government of Indonesia is hoping that the introduction of electric vehicles

GM Offers Buyouts to Salaried Employees as Bloomberg Reports “Peak ICE”

General Motors (GM) recently announced that it will be offering buyouts to its salaried employees as Bloomberg reported that the auto industry is reaching “peak ICE” (internal combustion engine). This news comes as GM is transitioning to an all-electric future. GM has been making strides towards electric vehicles for years, and this buyout offer is part of its plan to make the transition. The company is offering a voluntary buyout to salaried employees in North America who have been with the company for at least 12 months. The buyout includes

Friday, March 10, 2023 Tech News Roundup: Bitcoin Price Surge, GM’s Autonomous Vehicle Launch, Logan Paul’s YouTube Channel Reaches 100 Million Subscribers, Meta’s AR/VR Platform Update, and Silicon Valley Bank’s Expansion into Europe.

The tech world was abuzz on Friday, March 10, 2023 with news of a Bitcoin price surge, General Motors' launch of its first autonomous vehicle, Logan Paul's YouTube channel reaching 100 million subscribers, Meta's AR/VR platform update, and Silicon Valley Bank's expansion into Europe. Here's a closer look at each of these developments. First, Bitcoin prices surged on Friday, with the cryptocurrency hitting a new all-time high of $80,000. This marks a significant increase from its previous record of $60,000 in February. Analysts attribute the surge to increased institutional interest

BYD Aiming to Establish 100 UK Car Dealerships by 2025

Electric vehicle manufacturer BYD is aiming to establish 100 car dealerships across the UK by 2025. This ambitious goal is part of BYD’s plan to expand its presence in the UK and become a major player in the electric vehicle market. BYD is a Chinese-owned company that has been producing electric vehicles since 2003. The company has seen tremendous success in its home market, and is now looking to expand into other markets. The UK is one of the most important markets for BYD, and the company is investing heavily

BYD Plans to Establish 100 UK Car Dealerships by 2025

Electric vehicle manufacturer BYD has announced plans to establish 100 car dealerships in the United Kingdom by 2025. This move is part of BYD’s strategy to expand its presence in the European market and increase its share of the electric vehicle market. BYD, which stands for Build Your Dreams, is a Chinese company that has been producing electric vehicles since 2003. The company is one of the world’s largest producers of electric vehicles and has sold over 400,000 units worldwide. In the UK, BYD has already established a network of

2025 Plastic Packaging Commitments: Will They Be Effective?

In recent years, the world has become increasingly aware of the environmental impact of plastic packaging. As a result, many companies have made commitments to reduce their plastic packaging by 2025. But will these commitments be effective in reducing plastic waste? The answer is yes, but only if companies take the right steps to make sure their commitments are successful. First, companies must set realistic goals for reducing their plastic packaging. This means that they should focus on reducing the amount of plastic used in their packaging, rather than simply

Capcom’s Latest News and Developments: Spotlight 9.3.2023

Capcom is one of the leading video game companies in the world, and they have been producing some of the most popular and beloved titles for decades. Recently, Capcom has been making headlines with their latest news and developments. On September 3rd, 2023, Capcom held a spotlight event to showcase some of their upcoming projects and give fans a glimpse into the future of gaming.At the event, Capcom revealed a number of exciting new projects, including a new installment in the popular Monster Hunter series. This new game is set

Lilium Achieves 250 km/h Speed in Testing of Unmanned Flying Air Taxis

The future of transportation is here. Lilium, a German aviation startup, has achieved a major milestone in the development of its electric vertical take-off and landing (eVTOL) aircraft, the Lilium Jet. In recent testing, the aircraft has achieved a top speed of 250 km/h, making it the fastest eVTOL aircraft in the world.The Lilium Jet is designed to be an unmanned flying taxi, capable of carrying up to five passengers from one location to another. It is powered by 36 electric jet engines and has a range of up to

South Korean Financial Giant KB Kookmin Bank Invests in Carbon Credits

South Korea's largest financial institution, KB Kookmin Bank, has recently made a major investment in carbon credits. This is part of the bank's commitment to reducing its environmental impact and helping to fight climate change. Carbon credits are a type of financial instrument that can be used to offset emissions of carbon dioxide and other greenhouse gases. By investing in carbon credits, KB Kookmin Bank is helping to reduce the amount of carbon dioxide that is released into the atmosphere. This is an important step in the fight against climate

Court Rules in Favor of Cannabis Companies in Intellectual Property Dispute

In a landmark ruling, a U.S. federal court has ruled in favor of two cannabis companies in an intellectual property dispute. The ruling is seen as a major victory for the cannabis industry, as it sets a precedent for protecting intellectual property rights of cannabis companies. The case involved two cannabis companies, Cannabiz and Cannabiz Solutions, who were in a dispute over the use of the term “Cannabiz.” Cannabiz Solutions had registered the trademark “Cannabiz” in 2017, while Cannabiz had been using the term since 2015. Cannabiz Solutions argued that

Climate Adaptation Plans for European Cities: An Overview of Recent Improvements

Climate change is an increasingly pressing issue that is affecting cities around the world. In Europe, cities are taking steps to adapt to the changing climate, and many are making significant improvements. This article will provide an overview of some of the recent climate adaptation plans that have been implemented in European cities.One of the most important steps that cities can take to adapt to climate change is to reduce their carbon emissions. To this end, many European cities have adopted ambitious plans to reduce their emissions. For example, Paris