Tag: BYD
BYD revenues overtake Tesla’s, Reddit makes profit for first time
The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla's for the first time. It posted more than 200bn yuan ($28.2bn, £21.8bn) in revenues between July and September. This is a 24% jump from the same period last year, and more than Elon Musk's company whose quarterly revenue was $25.2bn. However,…
Problem phone use leads to teen depression, Uber announces EV deal with Tesla rival BYD
Teenagers who have a problematic relationship with their smartphones are more likely to suffer from anxiety, depression and insomnia than those who do not, new research has found. Young people who said they had problematic smartphone use, a pattern of behaviours resembling addiction, were twice as likely to report symptoms of anxiety compared to those…
WhatsApp rolls out HD as standard, Euro2024 leads to BYD sales boost
WhatsApp, one of the most popular encrypted messaging apps, is gearing up for a significant update that could change the way users share media. The app is rolling out an HD quality default setting, a change that could make high-resolution images and videos the new norm. This upcoming feature builds upon the app's previous enhancements…
AI tools ‘much hyped but not much used’, YouTube rolls out Playables
Very few people are regularly using "much hyped" artificial intelligence (AI) products like ChatGPT, a survey suggests. Researchers surveyed 12,000 people in six countries, including the UK, with only 2% of British respondents saying they use such tools on a daily basis. But the study, from the Reuters Institute and Oxford University, says young people…
Tesla rival BYD sees EV profits fall, US probes Ford’s hands-free tech
Chinese car giant BYD has seen profits fall as it is hit by slowing demand for electric vehicles (EV) and a price war in the world's largest car market. The firm said it made $630m (£502m) in the first three months of the year, more than 47% lower than the previous quarter. BYD has been…
Tesla rival unveils Electric Supercar, more Universal Music leaving TikTok
BYD has launched an all-electric supercar that can hit 60 miles per hour (mph) in under three seconds, as the Chinese start-up seeks to challenge luxury brands such as Ferrari and Lamborghini. The Tesla rival’s Yangwang U9, which will initially go on sale in China with a price tag of 1.68 million yuan (£184,000), has…
Half of teens addicted to social media, clamp down on ‘tax-free’ side hustles
Almost half of British teenagers say they feel addicted to social media, according to findings that come amid mounting pressure for big tech companies to be held accountable for the impact of their platforms on users. The finding, from the Millennium Cohort study, adds to evidence that many people feel they have lost control over…
