Connect with us


Tesla announces new employee incentives for warfighters



Many major Western companies have withdrawn from Russia in a show of solidarity for Ukraine

Elon Musk confirms Tesla car prices are on the rise
Elon Musk

But some have even gone as far as supporting Ukrainian employees who wish to defend their motherland.

Tesla has stepped up their support for Ukraine by announcing that any Ukrainian employees who are asked to return to defend their country will receive pay for at least three months.

This statement was sent by the company via email to employees in Europe, the Middle East, and Africa.

It’s still unknown whether this will apply to employees in North America and other regions as well.

Once these three months are over, Tesla will reassess the war in Ukraine to decide on what more should be done to help the situation and Ukrainian employees.

The email also commended employees for working with Space X, another one of Elon Musk’s companies, to help establish the Starlink satellite internet service in Ukraine.

Tesla’s energy team was highly involved in the project, assembling and providing battery energy storage systems known as Tesla Powerwalls to run the Starlink equipment.

Inverters and charging cables were also donated by Tesla’s certified installers in the area for the construction of the Starlink and Powerwall systems.

AC cables were also recycled at Tesla’s new factory.

Tesla does not currently operate in Ukraine but there are about 5,000 Tesla owners within the country

So for those who do own an electric vehicle, Tesla is now offering free vehicle charging at some of its Supercharger stations in Poland, Hungary, and Slovakia.

This comes as Ukraine’s President Volodymyr Zelensky requested for reservists to come forward to fight for Ukraine, back in February.

Of course, there are other businesses also altering their operations in the wake of the Eastern European war.

General Motors and Ford suspended their business in Russia not long after Russian forces invaded Ukraine.

One automaker Stellantis even established a support team to support and monitor the wellbeing of the company’s employees based in Ukraine.

We’re now anticipating a response from other companies.

Continue Reading


“I think there is a great risk”: will AI steal our jobs?



Artificial Intelligence has become an increasingly powerful and pervasive force in our modern world.

Artificial intelligence is not a new concept. However, the growing advancements have the potential to revolutionise industries, improve efficiency, and enhance the quality of life.

Along with its promising advancements, artificial intelligence also brings certain risks and challenges that must be acknowledged and addressed.

It has become the focus of lawmakers, who are working towards greater regulation of the sector.

U.S. and European Union officials recently met in Sweden to weigh up the benefits and challenges of artificial intelligence, and other emerging technologies.

“The AI process is creeping up on us,” said Dr Keith Suter, who is a global futurist.

“You’ve got competition between companies.”

It’s almost like some of us can see this raft that’s heading towards the rapids and a disappearance towards the waterfall, and we’re giving a warning but it’s not being heeded because everybody’s in this race to get down to the river,” Dr Suter said.

Continue Reading


Is the metaverse the future of social network?



U.S. firms like Meta, the parent company of Facebook and Microsoft are going all in on the metaverse. Meanwhile, Chinese companies appear to be taking a more cautious approach amid tighter regulation.

#metaverse #china #unitedstates #tech #veronicadudo #ozsultan #crypto

Continue Reading


Who will win the global metaverse race?



China is looking to invest in the metaverse market as numerous cities rollout policy proposals.

Technology continues to change our lives forever.

As new advancements are released to the public—safety continues to be a major concern.

People are interacting with computers in a different way, with the word Metaverse becoming a buzzword in both the tech and business industries.

While the term, “metaverse” is broad, it refers to a set of digital spaces online—including 3D—that allows people to do many things from socializing and learning to interacting and collaborating.

Analysts say it’s the next evolution in social connection and the successor to the mobile internet.

According to Morgan Stanley, the metaverse market could be worth $8 trillion in the future.

China’s technology giants are investing in the metavese and recently, numerous Chinese cities have announced policy proposals to attract and support metaverse companies.

This comes after tense year of regulatory scrutiny on the countries tech sector.

The Chinese city of Zhengzhou recently announced a series of policy proposals to support metaverse companies operating in the region.

The initiative involves the municipal government establishing a nearly $1.5 billion dedicated fund in an effort to foster growth and development in the industry.

So, is the metaverse taking the world by storm?

Oz Sultan from the Sultan Interactive Group joins us to discuss. #china #metaverse #veronicadudo #ozsultan #regulation #crypto #tech

Continue Reading

Trending Now

Copyright © 2023 The Ticker Company PTY LTD