Volkswagen Group’s global electric vehicle deliveries nearly doubled last year helped by sales of its ID.4 electric sports utility vehicle and the legacy automaker said it expects the first half of 2022 to be highly volatile due to chip shortages. What Happened The German automaker said it delivered 263,000 all-electric vehicles to customers last year,…
Volkswagen Says Global Electric Vehicle Sales Jumped 97 Percent Last Year
Ahead of Tech Earnings, Analyst Names Nvidia and These 4 Semiconductor Stocks as 2022 Top Picks
January 14, 2022
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Following a strong showing in 2021, semiconductor companies remain on track for upside yet again in 2022 amid solid demand and lean channel inventories, according to an Oppenheimer analyst. Growth Stocks To Continue to Outperform Growth stocks led in 2021, and this trend is likely to continue through the cycle, analyst Rick Schafer said. Data…
EU Court Rejects Cities’ Bid to Curb Car Emissions
BRUSSELS—The European Union’s top court dismissed a complaint on Thursday brought by the cities of Brussels, Madrid, and Paris against the European Commission in which they accused it of setting car emissions limits for nitrogen oxides too high. The Court of Justice of the European Union (CJEU) thereby overruled an earlier judgment in favor of…
Microsoft Stops Making Xbox One Consoles
January 13, 2022
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Microsoft Corp. said on Thursday it has stopped manufacturing all Xbox One consoles to focus on producing its next-generation consoles. “To focus on production of Xbox Series X|S, we stopped production for all Xbox One consoles by the end of 2020,” said Cindy Walker, senior director of Xbox Console Product Marketing. Microsoft originally discontinued its…
Germany Considers Shutting Down Telegram
A member of the Federal Cabinet of Germany has suggested that the government may ban Telegram, likely as a result of its popularity among people who have been protesting CCP (Chinese Communist Party) virus restrictions. “We cannot rule this out,” said Interior Minister Nancy Faeser in an interview with Die Wielt weekly. “A shutdown would be grave…
White House Will Meet Executives From Apple, Amazon, IBM to Discuss Software Security
January 13, 2022
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The White House will meet executives from leading tech firms, including Alphabet-owned Google, Apple Inc., and Amazon.com Inc., on Thursday to discuss software security after the United States suffered several major cyberattacks last year. In December, White House National Security Advisor Jake Sullivan sent a letter to chief executives of tech firms after the discovery…
Ford Maverick, Bronco Win Truck, Utility of the Year Awards
DETROIT—For the second year in a row, vehicles from Ford Motor Co. took two of the three North American Car, Truck and Utility of the Year awards. The company’s Maverick compact pickup won truck of the year, while its Bronco off-road SUV earned the utility of the year. Honda’s redesigned Civic compact car won the…
Watchdog Says Google Offers to Exclude Showcase From General Searches in Germany
January 13, 2022
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BERLIN—Google has offered to remove Google News Showcase content from general search results in Germany in a bid to end a competition inquiry, the country’s Federal Cartel Office said on Wednesday. Alphabet’s Google launched Google News Showcase in 2020. The platform promotes content from more than 1,000 publishers that have agreed to license content for…
WeTransfer Owner Seeks Amsterdam IPO, Plans $182 Million Share Issue
AMSTERDAM—The owner of WeTransfer, which offers file sharing and collaboration tools said on Wednesday the company will seek an initial public offering of shares and listing on Amsterdam’s Euronext stock exchange. The Amsterdam-based company, soon to be renamed “The Creative Productivity Group NV” said its offer, for which a date has not yet been set,…
‘Smart Guns’ Preparing for Release to US Markets
After years of developmental and regulatory tribulations, “smart guns” may finally hit markets later this year, as several upstart companies are taking concrete action to bring their products to the public. The firearms company LodeStar works has unveiled its 9mm smart handgun in a demonstration for shareholders and investors. Meanwhile, Kansas-based SmartGunz LLC has been…
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