By Aditi Shah NEW DELHI (Reuters) - India's Maharashtra state will offer companies like Amazon.com Inc and Uber new incentives to electrify their delivery fleets ahead of a 2025 target for cleaner air, its environment minister told Reuters. One of India's richest states and home to the financial hub of Mumbai, Maharashtra is an important market for e-commerce, ride-hailing … [Read more...] about India’s Maharashtra hopes to persuade Amazon, Uber, others to go electric faster
EU’s Vestager says analysing metaverse ahead of possible regulatory action
By Foo Yun Chee BRUSSELS (Reuters) - European Union authorities need to better understand the futuristic digital world known as the 'metaverse' before they can decide how to regulate it, the bloc's antitrust chief said on Tuesday. The metaverse involves a network of virtual environments accessed via different devices where users can work, socialize and play. It has come … [Read more...] about EU’s Vestager says analysing metaverse ahead of possible regulatory action
Meta exec pitches metaverse business to advertisers
By Elizabeth Culliford (Reuters) - The metaverse will open up more ways for businesses to make money, an executive from Facebook parent Meta Platforms Inc told an advertising conference on Monday, in a presentation complete with a video showing holographic avatars fencing and playing basketball. The company's head of metaverse, Vishal Shah, cited opportunities for brands … [Read more...] about Meta exec pitches metaverse business to advertisers
Early Facebook investor Peter Thiel to step down from Meta board
By Eva Mathews and Dawn Chmielewski (Reuters) - Facebook-parent Meta Platforms Inc said on Monday that billionaire investor Peter Thiel, an early investor who has been on the company's board since 2005, has decided to retire. Thiel aims to spend time helping elect candidates who he believes will advance former President Donald Trump’s agenda in the U.S. … [Read more...] about Early Facebook investor Peter Thiel to step down from Meta board
EV battery giant LG Energy Solution sees sales up 8% in 2022
By Heekyong Yang and Joyce Lee SEOUL (Reuters) - Battery maker LG Energy Solution Ltd (LGES) said on Tuesday it aims to boost sales by about 8% in 2022, seeing a pick-up in market conditions for electric vehicle (EV) batteries as a global chip shortage likely eases later in the year. The newly listed South Korean firm, which accounts for a fifth of the global EV battery … [Read more...] about EV battery giant LG Energy Solution sees sales up 8% in 2022
