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Disney: $8.6 Billion Hulu Deal

Hulu is a subscription streaming service that was launched in October 2007. It boasts around 48 million subscribers and features content from ABC, FX, Fox, and other established networks. The video streaming platform has its headquarters in California, USA. The Walt Disney Company, which has a majority stake in the platform, announced on November 1,…

China: Chengdu Science Fiction Museum

Chengdu is the capital city of the Chinese province of Sichuan and is the fourth most populous city in China, with a total of 20.9 million residents as of 2020. It has traditionally been the hub of Western China and is considered one of the most important economic, financial, commercial, cultural, and communication centers in…

Toyota: $8 Billion EV Battery Investment

Toyota, the Japanese auto manufacturer has announced that it will be investing $8 billion USD into its new electric vehicle (EV) battery factory located in North Carolina, USA. This investment will help increase the production capacity of the plant and introduce about 30 battery electric models by 2030. The report further mentions that an additional…

Tesla Welcomes Subaru to EV Superchargers

Subaru is an automobile manufacturing company with its headquarters in Shibuya, Japan. It is a division of Subaru Corporation, a multinational conglomerate that specializes in aerospace transportation manufacturing. The company’s aerospace subsidiary is a defense contractor to the Japanese government. According to recent reports, Subaru Corporation has reached an agreement with Tesla to adopt its…

Canada bans WeChat from Government Devices

WeChat is a Chinese social media, instant messaging, and mobile payment app developed by Tencent. It is a popular application in China and Southeast Asia, and has been described as the “everything app.” First released in 2011, it became the world’s largest standalone mobile app in 2018 with over 1 billion monthly active users. According…

Best Buy Recalls 930,000 Pressure Cookers

Best Buy is a multinational consumer electronics retailer that was founded in 1966 as a stereo vendor named Sound of Music. The company is headquartered in Minnesota, USA, with its business operations spanning across the United States and Canada. The company previously operated in China, Europe, and Mexico, but exited due to different reasons. According…

BP Pulse and Tesla Partnership

BP Pulse, also referred to as chargemaster limited, is a manufacturer and supplier of electric vehicle charging infrastructure. Founded in 2008, the company is headquartered in Milton Keynes, England and boasts of the largest EV charging network in the country. BP Pulse is a subsidiary of BP, a multinational oil and gas exploration company founded…

Google: $2 Billion Anthropic Investment

Anthropic is an artificial intelligence company that specializes in the development of artificial general intelligence (AGI) systems and neural networks, including large language models (LLM). According to recent reports, Google, which is already an investor in Anthropic, will invest an additional $2 billion USD in the company. This new investment deal will enhance the company’s…

Mitsubishi ends Production in China

Mitsubishi Motors Corporation is a multinational automobile manufacturing company founded in 1970. With its headquarters in Tokyo, Japan, the company held the spot of 19th largest automaker in 2011. Nissan supposedly owns about 34% of Mitsubishi. According to a recent announcement by the company’s CEO Takao, production of Mitsubishi vehicles will be terminated in China,…