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This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi'an plant. BYD is set to supply Tesla with batteries "very soon," a senior company executive told a Chinese state media anchor.Yuan Jingzhi | Visual China Group | Getty ImagesShares of electric vehicle maker BYD jumped in Wednesday morning trade after a senior executive said during an interview with Chinese state media that the company is set to supply batteries to Tesla "very soon.""We're now good friends…

Screenshot: Netflix/YouTubeStranger Things season four volume one helped set up what’ll hopefully be a thrilling conclusion for Netflix’s powerhouse series—and its creators are well aware of the expectations. In an interview with TVLine, Matt and Ross Duffer provided an update on where they stand with setting the final season into motion.“I’m not sure we’re ready to say yet a start date for shooting,” Matt Duffer told TVLine. “But a lot of it is pretty well mapped out.” That’s an awfully vague update (perhaps…

Skoda Auto India has reported an over six-fold increase in sales at 4,604 units in May. The company had sold 716 units in the COVID-hit May last year, Skoda Auto India said in a statement. It is heartening for us at Skoda that despite challenges posed by the semiconductor shortage, we are maintaining momentum with sales,” Skoda Auto India Brand Director Zac Hollis noted. The company’s innovative efforts to ensure customers are not put through long waiting periods and take delivery of cars faster than wait times prevailing…

There has been a rise of around 82 percent in hate speech on social media platform Facebook and 86 percent jump in violent and inciting content on Instagram, according to a monthly report released by Meta. The majority of the content in the report is based on detection by social media platforms before users reporting to them.According to the report released on May 31, Facebook detected 53,200 hate speech in April, which is 82 percent higher compared to 38,600 detected in March, on which the platform took action.The report…

Salesforce Inc. CRM -2.94% posted a better-than-expected 24% increase in fiscal first-quarter revenue, easing concerns about demand for its business software.Shares of Salesforce, which have fallen this year along with a broader selloff in tech stocks, rose more than 7% in after-hours trading following the company’s results. The San Francisco-based company reported revenue of $7.41 billion, up from $5.96 billion in the year-ago quarter and above the estimates by the…

Tesla CEO Elon Musk on Wednesday revised the financing plan for his proposed $44 billion (roughly Rs. 3,41,300 crore) purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk's not-entirely-explicable concerns about the number of fake accounts on Twitter.The news overshadowed Twitter's regularly scheduled annual shareholder meeting earlier Wednesday. Shareholders didn't address the Musk deal directly — that vote will be scheduled…

Sales of electric cars accelerated last year but the availability of critical raw materials such as lithium risked slowing the sector’s growth, a report has warned. At 6.6 million last year, electric vehicle sales more than doubled and they now account for one in 10 new cars sold, according to the International Energy Agency’s annual report on the sector. China alone accounted for half of those sales. Electric vehicle sales continue to soar, rising by 75 percent in the first quarter of this year compared to the same…

Millions of people left their jobs in the U.S. during the pandemic, and real estate was one of the few professions that added new employees. More than 156,0000 new real estate agents joined the profession in 2020 and 2021, up nearly 60% over the previous two years. If Google search trends accurately predict change, more people will make that career switch this year. The top job-related search between January 2021 and January 2022 was “how to become a real estate agent.” Colorado appeals to new agents Stacie Staub,…

In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background.Pavlo Gonchar | SOPA Images | LightRocket | Getty ImagesShares of Paramount Global jumped Tuesday after Warren Buffett's Berkshire Hathaway revealed a new stake in the media company.The stock rallied 15.4% Tuesday.Berkshire bought 68.9 million shares of Paramount to build a stake worth $2.6 billion as of the end of March, according to a regulatory filing released Monday.Paramount was Berkshire's 18th…

India's second largest telecom operator Bharti Airtel on Tuesday posted over two-fold jump in its consolidated net profit to Rs. 2,008 crore for the March quarter. The net profit stood at Rs. 759 crore in the year-ago period.Airtel's revenue from operations rose 22.3 percent to Rs. 31,500 crore during the fourth quarter of the financial year 2021-22, from Rs. 25,747 crore in the corresponding period of the previous year.For the full-year fiscal year 2022, the Sunil Mittal-led telco logged a net profit of Rs. 4,255 crore…