Honda to Construct $11 Billion Electric Vehicle Hub in Canada

Honda to Construct $11 Billion Electric Vehicle Hub in Canada

In an announcement made on Thursday, Honda Motor, alongside its yet-to-be-disclosed joint venture partners, revealed plans to invest $11 billion in Ontario, Canada, to establish a “comprehensive EV value chain.” The initiative aims to establish a new North American electric vehicle hub, incorporating the construction of assembly and battery plants, ...

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Dutch Government Considers Ending Facebook Use Due to Privacy Issues

Dutch Government Considers Ending Facebook Use Due to Privacy Issues

On Friday, the Dutch government indicated potential discontinuation of Facebook use following a caution from the Netherlands’ privacy watchdog regarding privacy risks associated with the Meta-owned platform. The Dutch Data Protection Authority (DPA) advised the Dutch Interior Ministry against using Facebook pages for citizen communication unless there’s clarity on how ...

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Trump criticizes Biden over ‘surging’ inflation following March price report exceeding expectations

On Wednesday, Donald Trump criticized President Joe Biden following the release of March’s consumer price index, which surpassed expectations, raising concerns about a resurgence in inflation and dampening hopes for the Federal Reserve to reduce interest rates soon. “INFLATION is BACK—and RAGING!,” the former president declared in a post on ...

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Tim Cook, Apple’s CEO, Announces Substantial Investment in Generative AI

Tim Cook, Apple's CEO, Announces Substantial Investment in Generative AI

On Wednesday, Apple CEO Tim Cook announced a significant financial commitment to artificial intelligence, marking a noteworthy indication of the tech giant’s embrace of the prevailing generative AI trend. Speaking at Apple’s virtual annual shareholder meeting, Cook expressed the company’s recognition of the remarkable breakthrough potential within generative AI, explaining ...

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