Sectors
XPeng Considers Investing in 4,000 More Employees and AI as CEO Warns Tough EV Competition
Chinese EV company, XPeng is pushing all its might to production force after tough competition warning from CEO in its industry.
Sony Loses $10 Billion After PS5 Sales Drop With Games Profit at 10-Year Low
Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.
EU Sets to Impose Record €500 Million Fine on Apple for Music Streaming Violation
The EU may fine Apple $539 million for restricting music streaming. Is this related to Spotify's complaint in 2019?
Biden Admin Proposes Easing Emissions Restrictions for Cars; Will This Hurt the EV Market?
The Biden administration may stall crucial pollution restrictions on cars, hurting EV development. The Environmental Protection Agency (EPA) of the United States may consider easing a major climate change regulation that limits emissions from vehicles' tailpipes.