business-and-economy-news – Charm

Xiaomi enters China’s cut-throat EV market

WION: Breaking News, Latest News, World, South Asia, India, Pakistan, Bangladesh News & Analysis

Cs news11 hours ago01 mins

Xiaomi has shaken up China’s electric vehicle market with the launch of its YU7 SUV. The tech giant received 200,000 pre-orders in just 3 minutes, sending its shares to a record high. With the YU7 priced 4% below Tesla’s Model Y, analysts say Tesla may be forced to cut prices as competition intensifies in the…

Russia fines Google $20,000,000,000,000,000,000,000,000,000,000,000 | International News

Cs news8 months ago03 mins

London (CNN) — Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies. Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines that are now accruing for blocking pro-Russian channels on YouTube. The virtually unpronounceable…