EV startup NIO sold its Formula E racing team

EV startup NIO sold its Formula E racing team

August 8, 2019 adminrqn4r 0

Chinese EV startup NIO has sold the majority stake in its Formula E all-electric racing series team, according to longtime motorsports journalist Sam Smith. The company will remain a sponsor, a person familiar with the sale tells The Verge, but Chinese motorsports promotion company Lisheng Racing bought the stake and will run the team’s operations…

Apple confirms the Apple Card is coming in August

Apple confirms the Apple Card is coming in August

August 5, 2019 adminrqn4r 0

The Apple Card, the company’s credit card that was announced at its services event this past spring, will begin accepting applications in August, the company confirmed during its 2019 third fiscal quarter earnings call. “Thousands of Apple employees are using the Apple Card every day in a beta test and we will begin to roll…

Huawei smartphone sales up 24 percent despite US crackdown

Huawei smartphone sales up 24 percent despite US crackdown

August 5, 2019 adminrqn4r 0

Huawei made 221.6 billion yuan ($32.2 billion) in revenue in the April-June quarter, a 23 percent increase over the previous quarter despite the escalation of the US-China trade war cutting off its business with American companies. Net profit margin was 8.7 percent on 401.3 billion yuan ($58.3 billion) of revenue for the first six months…

Twitter’s new ad campaign wants to remind you that Twitter used to be fun

Twitter’s new ad campaign wants to remind you that Twitter used to be fun

August 2, 2019 adminrqn4r 0

Twitter has a new ad campaign running in San Francisco and New York City, featuring tweets from the “Me on Twitter” memes, in which users post two photos (of themselves or otherwise) or statements highlighting how differently they behave on different social networks. The campaign, as reported by Creative Bloq, seeks to embrace the platform…

EPIC privacy group sues FTC for letting Facebook off easy

EPIC privacy group sues FTC for letting Facebook off easy

July 28, 2019 adminrqn4r 0

The Federal Trade Commission is facing a lawsuit filed by privacy group Electronic Privacy Information Center, known as EPIC, designed to block the automatic approval of the landmark Facebook privacy settlement. Facebook settled with the FTC earlier this week, walking away with a $5 billion fine, some added privacy checks, and a stock price bump.…