The Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp from federal tax credits because they don't yet make EVs in North America, knocking their EV ambitions in the short term at least, a Hyundai official, parts suppliers, analysts and car dealers said.
Nvidia said the ban - which affects its A100 and H100 chips designed to speed up machine learning tasks - could interfere with the completion of developing the H100, the flagship chip it announced this year.
The move would put Meta on the same course as Snap Inc and Twitter Inc - companies that have launched paid tiers to unlock additional features.
The company intends to use the funds to increase its business in rural India and also scale its marketplace business for the sale and purchase of used two-wheelers.
As per LinkedIn’s India Labour Market Insights, hiring in the country was up 63% in the quarter ended June compared to the same quarter in 2019.
Rajeev Misra will retain his post as head of SoftBank Investment Advisers, which helps oversee the first Vision Fund’s existing investments.
Snap's hardware division, responsible for Spectacles and the Pixy camera drone, its team working to help developers build mini apps and games inside Snapchat and Zenly, the social mapping app it bought and runs separately, will be hit by the layoffs
