Russia’s auto boom comes to a halt due to Ukraine sanctions

Kaluga car factories stop production Demand for cars plummets, food prices soar Some hope Western resolution won’t last Others have seen crises before April 5 (Reuters) – Thousands of autoworkers have been laid off and food prices are soaring as Western sanctions hit the small Russian town of Kaluga and its flagship foreign automakers, along … Read more

Giga-casting and robots: How Volkswagen’s Trinity aims to catch up with Tesla

Volkswagen finalizes production plans for its new electric vehicle factory Large die-casting and more automation on the boards Aims to match Tesla with a 10-hour car production time BERLIN, March 31 (Reuters) – As Tesla starts production at its new German plant this month, Volkswagen is weeks away from finalizing plans for a 2 billion … Read more

Suspected Okta hackers arrested by UK police

The Okta logo is displayed in this illustration taken March 22, 2022. REUTERS/Dado Ruvic/Illustration – RC2R7T9UY7RP Join now for FREE unlimited access to Register LONDON/WASHINGTON, March 24 (Reuters) – British police have arrested seven people following a series of hacks by hacking group Lapsus$ which targeted major companies including Okta Inc (OKTA.O) and Microsoft … Read more

Apple upgrades low-end iPhone SE with 5G and high-end Mac Studio computer with faster chip

NEW YORK, March 8 (Reuters) – Apple Inc (AAPL.O) on Tuesday added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced a faster chip for a new desktop computer, a highlight in Apple’s decision to power its devices with in-house designed microprocessors. The new Studio desktop starts at $3,999 with the new … Read more