Tesla reports record quarterly profit as electric car sales boom | Tesla

Tesla announced a record quarterly profit on Monday as sales of its electric vehicles boomed in the first three months of year. The world’s most valuable car company recorded a profit of $438m on revenues of $10.39bn despite facing supply issues and the latest in a series of safety investigations Continue Reading

Bitcoin tumbles after reports Joe Biden will raise taxes on rich | Bitcoin

Speculators in Bitcoin have been left nursing heavy losses after reports Joe Biden is planning to raise taxes on the wealthiest Americans to tackle inequality and finance trillions of dollars in higher social spending. The cryptocurrency price fell more than 6% to below $50,000 (£36,000) a bitcoin, hitting the lowest Continue Reading

Climate fight ‘is undermined by social media’s toxic reports’ | Climate change- Tempemail

Fake news on social media about climate change and biodiversity loss is having a worrying impact in the battle to halt the growing environmental threats to the planet, a group of scientists and analysts have warned. In a report published by the Royal Swedish Academy of Science, they say measures Continue Reading

TikTok sale to Oracle and Walmart shelved as Biden reviews security, say reports | TikTok- Tempemail

Oracle and Walmart’s plan to buy TikTok’s US operations has reportedly been pushed back indefinitely, as the US president, Joe Biden, reviews the previous administration’s efforts to address potential security risks posed by Chinese tech companies. The administration of the former president Donald Trump had cited national security concerns in Continue Reading

Plans to storm Capitol circulated on social media ahead of Biden certification, reports say- Tempemail

Call for violence from pro-Trump supporters was circulating on both mainstream and alternative social media for weeks in the run-up to the attack on US Capitol, reports have said. According to the outlet, supporters had already expressed willingness to use violence against lawmakers, police, and journalists if Congress did not Continue Reading

Companies are now writing reports tailored for AI readers – and it should worry us | Big data

My eye was caught by the title of a working paper published by the Tempemail Bureau for Economic Research (NBER): How to Talk When a Machine Is Listening: Corporate Disclosure in the Age of AI. So I clicked and downloaded, as one does. And then started to read. The paper Continue Reading

Solomon Islands plans ban on Facebook amid criticism of government on platform, reports say- Tempemail

The government has faced stark criticism on social media over the roll-out of support during the pandemic and relations with Taiwan. Peter Shanel Agovaka, the minister for communications, blamed “abusive language” and “character assassination” of his colleagues – including the prime minister – shared on Facebook for the proposed ban, Continue Reading

Telkom Reports 19% Increase in Mobile Subscribers – Tempemail

Telkom South Africa has revealed its interim results for the six months ending 30 September 2020. The telco was driven by a 19% increase in mobile subscribers – reaching 13.7 million – to claim the position of South Africa’s third mobile operator. Telkom delivered solid EBITDA growth despite a slight Continue Reading

Airtel Africa Reports Double Digit Growth – Tempemail

Sourced from Comms MEA Airtel Africa has reported double-digit growth and stronger performance in Q2, with revenue up by 19.6% – in spite of interruptions from COVID-19 and the associated restrictions on activities of both consumers and businesses. The telco saw growth across every region; Nigeria revenue increased 20.2% and Continue Reading