Mass

Nio holds a product event in Shanghai on Sept. 21, 2023.Evelyn Cheng | CNBCBEIJING — Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May.Executives confirmed the new brand will be named "Le Dao" in Chinese, and said the name is meant to reflect families — the target consumer segment — having a happy time together.Nio, founded in late 2014, has so far focused on the higher end of the market with SUVs and sedans that can cost more than Tesla's Model S or Model Y, but come…

Hologic CFO Karleen Oberton calls mass layoffs “a failure of leadership.” Hologic CFO Karleen Oberton calls mass layoffs “a failure of leadership.” FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your…

The Nigerian government has flagged off a N40 billion mass metering project to end the era of estimated billings in the Nigerian Army formations nationwide. Bolaji Tunji, special adviser on strategic communication and media relations to the Minister of Power, Adebayo Adelabu, disclosed this in a statement on Sunday. “The Federal government has begun the mass metering of the Nigerian Army formations nationwide with a promise to end the era of estimated billings in the power sector,” Mr Tunji said. Speaking during…

Archaeologists digging in the German city of Nuremberg ahead of the construction of a new retirement home have uncovered what may be the largest mass burial of plague victims ever uncovered in Europe.Excavations are ongoing, but the centuries-old remains of more than 500 individuals have been unearthed so far, and the team believes there could have been as many as 1,500 people interred therein.Precise dating is also yet to be performed, but tentative estimates suggest the eight plague pits were created around the first…

Former PlayStation boss Shawn Layden is speaking up to say the demise of the video game industry is greatly exaggerated. Speaking to VentureBeat, Layden said people have been saying for decades that the games business is headed for a downfall, and it hasn't happened, and it won't anytime soon. He said the thousands of layoffs in the video game industry in recent times are more of a "mismatch of talent-to-requirements" than they speak to the death of gaming."The demise of the industry has been predicted so…

Outages are being reported on both Facebook and Instagram Tuesday afternoon, with users taking to both X and Downdetector to register problems with the popular social media platforms. 'Facebook and Instagram' were trending on X late Tuesday morning after users found themselves unable to use Meta's social platforms. "Love that I can always count on Twitter to confirm that Meta is down and we’ve all been logged out of Facebook and Instagram isn’t working," one user commented. While the scale of the outage is unclear at…

Toyota is boosting its ability to mass-produce “a wide variety” of EV batteries following an agreement with Panasonic to take full control of Primearth EV Energy (PEVE). The move will help Toyota respond to the growing demand for batteries. Toyota acquires Primearth EV Energy from Panasonic The automaker agreed with Panasonic to make Primearth EV Energy a wholly owned subsidiary Tuesday. Toyota said the acquisition will strengthen its ability to mass produce EV batteries. It is officially…

A Star Wars strategy game set to be published by EA is still in the works, with the development team confirming the game was "unaffected" by recent EA layoffs.Last week EA laid off around 670 people, about 5% of its staff. As part of the mass layoff, multiple in-the-works projects were also canceled. That reportedly included an unnamed Star Wars FPS in development at Apex Legends and Star Wars Jed developer Respawn.Last week was difficult for the industry, and more so because of our strong relationships…

At least four people were killed in a suspected gang shooting in Monterey County, KSBW Action News 8 reported. A woman and three men were killed Sunday night in King City, the news outlet said. Police believe seven people were shot in total, according to the outlet. King City police did not immediately respond to a request for comment. A KSBW reporter posted on X that the shooting unfolded at a birthday party. Three gunmen wearing dark clothing and masks approached the party and opened fire before fleeing by car, the…

Demand for HBM chips, a market led by Nvidia supplier SK Hynix, for use in AI has also raised investor hopes that Micron would be able to weather a slow recovery in its other markets.Micron Technology has started mass production of its high-bandwidth memory (HBM) semiconductors for use in Nvidia's latest chip for artificial intelligence, sending its shares up more than 5% on Monday.The HBM3E (High Bandwidth Memory 3E) will consume 30% less power than rival offerings,…