Tag Archives: China

Your Smart Oven May Be Visiting Websites in China, Russia Every 5 Minutes

Your Smart Oven May Be Visiting Websites in China, Russia Every 5 Minutes

The smart oven installed in your kitchen may look innocuous enough, but it could be quietly surfing the internet and visiting websites in China and Russia every few minutes. As The Register reports(Opens in a new window), that’s what security-minded software developer Stephan van Rooji discovered when he checked what his own AEG smart oven was using a Wi-Fi connection for. As van Rooji explains(Opens in a new window), most devices with an active internet connection perform regular checks to… Source link

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China says COVID outbreak has infected 80% of population

China says COVID outbreak has infected 80% of population

BEIJING (Reuters) – The possibility of a big COVID-19 rebound in China over the next two or three months is remote as 80% of people have been infected, a prominent government scientist said on Saturday. The mass movement of people during the ongoing Lunar New Year holiday period may spread the pandemic, boosting infections in some areas, but a second COVID wave is unlikely in the near term, Wu Zunyou, chief epidemiologist at the China Center for Disease Control and Prevention, said on the… Source link

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China price cuts boosting buying sentiment, survey says

China price cuts boosting buying sentiment, survey says

Despite buyer protests in China over recent Tesla (TSLA) price cuts on the mainland, it seems the move overall has been a huge hit for the EV maker. Earlier this month Tesla cut prices in China, with the Chinese-made Model 3 falling by 13.5% to $33,515, and the Model Y dropping 10% to $37,899. Wedbush Securities conducted a survey of over 500 prospective EV buyers in China to gauge their reaction to Tesla’s price cuts. The results proved to be quite positive for Tesla’s prospects in the… Source link

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Tesla owners in China protest price cuts as delivery times extend on higher demand

Tesla owners in China protest price cuts as delivery times extend on higher demand

Tesla (TSLA) shares are climbing higher today despite a mixed slew of news out of one of its most important markets, China. Reports over the weekend detail a number of protests at Tesla showrooms, as recent Tesla buyers complained about the automaker’s decision to cut prices on Friday. The price cut was the second decrease in the past three months, as Tesla tries to boost demand in the competitive Chinese market. Reuters reports Tesla also cut prices in Australia, Japan, and South… Source link

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Tesla stock tumbles after company cuts prices in China

Tesla stock tumbles after company cuts prices in China

Tesla (TSLA) stock fell early Friday after the company cut the price on two of its models in China, the automaker’s second cut in three months as it battles waning demand in the country. Tesla cut prices on its China Model 3 by 13.5%, which now starts at $33,515, and its Model Y by 10%, which now starts at $37,899, according to calculations from Reuters. Shares of the company fell more than 7% at the market open on Friday following the news, setting a new 52-week low for the automaker. Tesla… Source link

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