Business

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Tesla Rolls Out Advanced Self-Driving Features in China

February 27, 2025

US electric vehicle giant Tesla has started offering advanced self-driving functions for its cars in China, including autopilot on city streets, the company announced on Tuesday. The functions described in Tesla’s statement are similar to the “Full Self-Driving” capability it offers in the United States. Cars with that capability are not fully autonomous, and are […]

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Apple Announces $500B US Investment & 20,000 New Research Jobs

February 27, 2025

Apple says it will spend $500 billion (AED 183.6 billion) in US investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country in that time. That $500 billion in expected spending includes everything from purchases from […]

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Aston Martin Cuts Workforce & Delays First Electric Car to Cut Costs

February 27, 2025

Luxury carmaker Aston Martin said on Wednesday it will cut about five per cent of its global workforce to further reduce costs and drive future investments, and delayed the launch of its first battery electric vehicle (BEV) for the second time. “After a period of intense product launches, coupled with industry-wide and company challenges, our […]

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