Welcome to the world of facts and news

Tesla sells 310,000 vehicles in 1Q, despite logistics issues

The company's sales were slightly below expectations, which were looking for Tesla to produce 312,000 cars, according to Wedbush Securities. Last year the company delivered a record 936,000 vehicles, an 87% increase over 2020 numbers.

from Tech-Economic Times https://ift.tt/ex8WJkU

Fashion startup Shein raising funds at $100 billion value

The online retailer is in talks with potential investors to raise about $1 billion, the people said, asking not to be identified as the information is private.

from Tech-Economic Times https://ift.tt/nvTzO35

In Brazil, firms sought black workers. Then LinkedIn got involved

Many Brazilian companies have started to explicitly seek out Black and Indigenous workers to diversify their ranks, a step to reverse the deep inequality that has racked the country since the area was first settled centuries ago.

from Tech-Economic Times https://ift.tt/3dpFz4N

Sri Lanka blocks social media platforms after imposing emergency, curfew

The move is aimed at preventing masses from gathering in Colombo to protest the government's failure to provide relief to the public suffering from shortages of food, essentials, fuel, and medicine amidst hours-long power cuts

from Tech-Economic Times https://ift.tt/7m49H2C

Crypto investor profile changes as tax regulations kick in

Exchanges said several young investors who made money through high volumes of trading, including many from smaller cities and towns, have liquidated their positions, especially in the riskier assets.

from Tech-Economic Times https://ift.tt/7rEm2WH

Crypto investor profile changes as tax regulations kick in

Exchanges said several young investors who made money through high volumes of trading, including many from smaller cities and towns, have liquidated their positions, especially in the riskier assets.

from Tech-Economic Times https://ift.tt/QAywWvC

SoftBank liquidates most of portfolio at ‘Nasdaq whale’ unit

Akshay Naheta, a senior SoftBank executive who had worked on some of the company’s biggest deals, also left the company on Thursday

from Tech-Economic Times https://ift.tt/0LWmOhN

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...