Since the Merge upgrade went live in September 2022, Ethereum has been a proof-of-stake blockchain. However, staked Ethereum has still been locked up…until now. Once the Shanghai upgrade goes live, ... ( read original story ...)
Huawei opposition to Nokia sale of joint venture threatens Finnish firm’s exit as US-China tensions weigh on deal
Huawei threatened to stop licensing its technology to TD Tech if Nokia sells its 51 per cent stake to a Shanghai-listed ink maker TD Tech, which has previously sold rebranded Huawei phones, is ... ( read original story ...)
S&P 500 cuts losses, but Apple-led slip in tech weighs
Tesla (NASDAQ:TSLA), meanwhile, said it plans to build a large new battery facility in Shanghai but also announced price cuts across all four model lines in the U.S., the fifth since the turn of the ... ( read original story ...)
Tesla to build Megapack battery plant in Shanghai
The US electric car pioneer will manufacture its Megapack large-scale energy-storage unit in the new facility, which adds to its factory for EVs in Shanghai. The company led by Elon Musk, who is said ... ( read original story ...)
Tesla planning new Shanghai battery factory despite rising U.S.-China tensions
New manufacturing projects by the auto-maker and France’s Airbus SE give a boost to Chinese industry as other firms like Apple Inc. rethink production in the nation. ( read original story ...)
Tesla to open battery factory in Shanghai as China seeks foreign investment
Elon Musk, Tesla’s CEO, said the factory will supplement another in California. The batteries are touted as a solution to avoid outages and stabilize power grids. ( read original story ...)
Elon Musk: Tesla to build new battery factory in Shanghai
Elon Musk's electric car maker Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries. The plant in Shanghai will be able to produce 10,000 of its "Megapack" ... ( read original story ...)