Four Tesla models approved for Indian roads

Electric vehicle company Tesla is likely is expected to launch cars in the Indian market soon as its four models have been received approval for homologation as seen on the government's Vahan Sewa portal https://ift.tt/3n21qw4

Tesla may release $25,000 electric car without a steering wheel in 2023

Musk earlier noted that this new price point is achieved through Tesla's new battery cell and battery manufacturing effort, which could reduce battery costs by over 50 per cent. https://ift.tt/3zMnA9g

India revamps incentives for autos to boost EVs, hydrogen fuel cells -sources

This is a significant shift from the government's original plan to incentivise auto and auto part maker to build mainly gasoline vehicles and their components for domestic sale and export, with some added benefit for electric vehicles (EVs). https://ift.tt/2WTlG8g

Apple gives 'reader' apps on App Store a way around commissions. Who wins & who loses?

Apps such as Spotify, Netflix, AT&T's HBO Max & Disney+ are likely to fall in this category. https://ift.tt/2WMhBDb

Apple hires ex-Mercedes engineers for 'Apple Car' team: Report

Apple has reportedly hired two former Mercedes engineers with experience in mass production of vehicles, steering, dynamics, software and project management. https://ift.tt/3zGDzpc

Amazon is hiring thousands for this big space internet project: Details

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Profile of Alvy Ray Smith, a Pixar co-founder who created the algorithms fundamental to animated movies and left after severe disagreements with Steve Jobs (Steven Levy/Wired)

Steven Levy / Wired:
Profile of Alvy Ray Smith, a Pixar co-founder who created the algorithms fundamental to animated movies and left after severe disagreements with Steve Jobs  —  Alvy Ray Smith helped invent computer animation as we know it—then got royally shafted by Steve Jobs.  Now he's got a vision for where the pixel will take us next.

Samsung Galaxy S21 FE Launch Imminent as Quick Start Guide Surfaces

Samsung Galaxy S21 FE launch is yet to take place, but ahead of an official confirmation, a purported quick start guide of the unannounced phone has appeared on the Web. Separately, the Galaxy A... https://ift.tt/3n4aWyD

Abba Reunites After 40 Years, but as Digital Avatars

Abba disbanded nearly 40 years ago and vowed to never reunite. The legendary Swedish pop group have now decided against that. Announcing their return for a new musical album, "Voyage," Abba said its... https://ift.tt/38IhQRQ

Reese Witherspoon, Paris Hilton Jump on to the Crypto Bandwagon

Cryptocurrency has garnered the attention of entrepreneurs and celebrities alike. Oscar-winning actress Reese Witherspoon said recently that she has bought her first Ethereum coin. This was followed... https://ift.tt/2Vg1b5b

Amazon Pay UPI records 5 crore customer sign-ups in India

"Our mission is to make paying for anything trusted, convenient and rewarding. We are excited by the rapid adoption of UPI, which now enables customers to do much more with their Amazon app beyond shopping," Mahendra Nerurkar, CEO and VP Amazon Pay, said. https://ift.tt/3tdLYhv

Flipkart Co-Founder Challenges ED Probe in FDI Case

Flipkart co-founder Sachin Bansal has mounted a court challenge the Enforcement Directorate which has accused him and others of violation of foreign investment laws, court records showed. https://ift.tt/3kSRana

Didi Denies Reports That China Is Coordinating Companies to Invest in It

Didi said that media reports that the Chinese government is coordinating companies to invest in it are not correct. https://ift.tt/38EnRz1

Twitter Working on Bringing Cryptocurrency Support to Tip Jar

Twitter is found to allow users to add Bitcoin and Ethereum addresses to their profiles to receive tips in cryptocurrencies through its platform. In May, Twitter introduced the Tip Jar feature that... https://ift.tt/3kWnDZF

JD.com's real estate unit has agreed to buy a controlling stake in China Logistics in a deal valuing the company at ~$2.1B, a 7% premium to Wednesday's close (Bloomberg)

Bloomberg:
JD.com's real estate unit has agreed to buy a controlling stake in China Logistics in a deal valuing the company at ~$2.1B, a 7% premium to Wednesday's close  —  - E-commerce giant agrees to acquire controlling stake  — Offer price is about a 7% premium to Wednesday close