Business

Spotify reports strong user growth, raises prices

Spotify reported Tuesday a bigger-than-expected rise in active users at the end of the second quarter, a day after the music streaming giant announced price increases for its premium service.

Electronics & Semiconductors

Chip giant AMD says AI to be 'mega-trend' for computing world

AI will be the "defining mega-trend" for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world's semiconductors powering the technology is produced.

Automotive

Automakers report higher Q2 car sales in US

Leading automakers reported a jump in quarterly US car sales Wednesday, reflecting increased vehicle inventory levels and the support of a strong US labor market.

Automotive

Electric vehicles take center stage at pared-back Paris show

Europe is leading the push into battery-powered cars as electric vehicles enter the mainstream—even as the industry faces challenges including supply shortages, a spotty charging network and a looming recession.

Automotive

Tesla says deliveries increased in Q3

New vehicle deliveries by Tesla increased in the third quarter, beating the previous three months during which its Chinese factory was shuttered for multiple weeks, the US electric automaker announced Sunday.

Business

Baidu reports 5% year-on-year decrease in Q2 revenue

Chinese internet giant Baidu Inc. on Tuesday announced second-quarter revenues of 29.6 billion yuan ($4.3 billion), down five percent from last year after the company faced a challenging economic climate and tight controls ...

Automotive

Lamborghini has already sold all its cars until 2024

Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss told AFP on Tuesday, with luxury goods seemingly unaffected by global economic uncertainty.

Business

Gaming industry feels squeeze after pandemic boom

In the height of the pandemic, video games offered people solace in isolation. But now that life is slowly returning to pre-crisis normal, and inflation is soaring, gaming companies are feeling the pinch.

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