Emerging Technology

Mercedes and Momenta, a Chinese ADAS company, are planning a $75 million deal

Key takeaways Momenta’s technology will be fully integrated into four forthcoming Mercedes-Benz cars as the company looks to expand in China. Early next year, Momenta is expected to go public, and the German company is well-positioned to be a major investor. In 2017, Mercedes made its first-ever investment in a Chinese business by supporting its […]

Big Tech

The EU Commission has concluded its tax investigations into Starbucks, Amazon, and Fiat

Key Takeaways Following court decisions, the EU Commission ended its tax investigations into Starbucks, Amazon, and Fiat. The Commission’s conclusions on unfair tax advantages were overturned by EU courts. According to Vestager, the courts cleared the corporations but upheld objections to harsh tax decisions. After court rulings, the European Commission, the EU’s competition watchdog, ended […]

Investment

Where to Invest in Cryptocurrencies Now: A Comprehensive Guide

Cryptocurrency has become one of the most talked-about investment opportunities in recent years. From Bitcoin’s meteoric rise to the explosion of decentralized finance (DeFi) and non-fungible tokens (NFTs), the digital currency landscape is constantly evolving. With thousands of coins and tokens available, it can be difficult to decide where to invest right now. This guide […]

Emerging Technology

Early I-Pace Models Are Recalled by Jaguar Because of the Risk of Battery Fire

Key takeaways Nearly 3,000 2019 I-Pace EVs are being recalled by Jaguar because of the possibility of high-voltage batteries burning. The fire threat was not completely reduced by previous software updates and recalls. Production of the I-Pace will end in December 2024 when Jaguar transitions to a new premium EV portfolio. Nearly 3,000 2019 I-Pace […]