Automakers Struggle to Understand Whether New US Bill Allows EV Tax Credits for Customers

Automakers Struggle to Understand Whether New US Bill Allows EV Tax Credits for Customers

US automakers and dealers are scrambling to figure out if they can still offer $7,500 (roughly Rs. 5,97,000) tax credits to would-be buyers of electric vehicles (EVs), as the US Congress prepares for final votes today on a bill that includes a top-to-bottom overhaul of Washington’s clean vehicle policies. Under the $430…

Blu Bold N2 With Dimensity 810 SoC, Quad Rear Camera Setup Launched: Price, Specifications

Blu Bold N2 With Dimensity 810 SoC, Quad Rear Camera Setup Launched: Price, Specifications

Blu Bold N2 was launched in the US on Friday. The company’s latest smartphone sports a 6.6-inch full-HD+ AMOLED display. It is powered by an octa-core MediaTek Dimensity 810 SoC, coupled with 8GB of RAM and 256GB of inbuilt storage. The handset is equipped with a quad rear camera setup…

US Tightens Export Controls on Advanced Chips, Engine Technology Critical to National Security

US Tightens Export Controls on Advanced Chips, Engine Technology Critical to National Security

The US on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The “emerging and foundational technologies” covered by the move include gallium oxide and diamond, because “devices that utilize these materials have…

Suspected Tornado Cash Crypto Mixer Developer Detained by Dutch Authorities: Details

Suspected Tornado Cash Crypto Mixer Developer Detained by Dutch Authorities: Details

Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its sanctions list this week. The US sanctions announced on Monday followed allegations that Tornado Cash was helping conceal billions in capital flows,…

Oppo Find N Fold, Find N Flip in Development; to Feature Snapdragon 8+ Gen 1 SoC: Report

Oppo Find N Fold, Find N Flip in Development; to Feature Snapdragon 8+ Gen 1 SoC: Report

Oppo Find N was launched in December last year as the Chinese company’s first foldable smartphone. Now, Oppo is reportedly working on two new foldable phones that could be powered by a Qualcomm Snapdragon 8+ Gen 1 SoC. One of the smartphones is said to be a horizontally folding handset,…

Enforcement Directorate Freezes Crypto Platform Vauld’s Assets Worth Nearly Rs. 370 Crore: Details

Enforcement Directorate Freezes Crypto Platform Vauld’s Assets Worth Nearly Rs. 370 Crore: Details

India’s Enforcement Directorate (ED) on Thursday froze $46.5 million (roughly Rs. 369.5 crore) in assets at the struggling Singapore-based cryptocurrency exchange Vauld. The country’s economic crime unit on Friday said in a press release that the frozen assets were parked in bank accounts, payment gateway balances, and wallets on the…

UN Development Body UNCTAD Believes Banks Should Be Banned From Holding Crypto

UN Development Body UNCTAD Believes Banks Should Be Banned From Holding Crypto

The United Nation’s development arm, UNCTAD, believes that banks should be banned from holding crypto while suggesting that developing countries should implement extensive restrictions on the usage of cryptocurrencies, given the risks they pose to tax collection. The UN Conference on Trade and Development (UNCTAD), in a series of reports…

CATL to Set Up .6 Billion Hungary Battery Plant to Supply BMW, Mercedes Amid Growing Demand

CATL to Set Up $7.6 Billion Hungary Battery Plant to Supply BMW, Mercedes Amid Growing Demand

China’s CATL said on Friday it would build a EUR 7.3 billion (roughly Rs. 59,600 crore) battery plant in Hungary, Europe’s largest so far, as the world’s biggest electric vehicle battery maker gears up to meet growing demand from global automakers. CATL said that construction of the 100 GWh (gigawatt hours)…

Moto E22i Visits US FCC, TDRA Database; Could Feature Dual-SIM Support: Report

Moto E22i Visits US FCC, TDRA Database; Could Feature Dual-SIM Support: Report

Motorola Moto E22i has been reportedly spotted on the Federal Communications Commission (FCC) in the US and on Telecommunications and Digital Government Regulatory Authority (TDRA) in UAE. The Moto E22i is tipped to be a budget smartphone. The handset was listed on the UAE TDRA database with the model number…

US FTC Considering New Rules to Rein in Tech Firms’ Collection of Personal Data, Protect Privacy

US FTC Considering New Rules to Rein in Tech Firms’ Collection of Personal Data, Protect Privacy

Whether it’s the fitness tracker on your wrist, the “smart” home appliances in your house or the latest kids’ fad going viral in online videos, they all produce a trove of personal data for big tech companies. How that data is being used and protected has led to growing public…