Electric vehicles are more efficient to produce, India wants to use USB-C for universal chargers, and Facebook wants to remove some personal details from Facebook Bios.
For all these tech news trending right now, welcome to Trending Hashtags. It’s Friday, November 18th, and I’m your host, Asha Pamma.
Producing an electric vehicle requires 40 percent less labor than producing fossil-fuel-powered cars. That’s the latest big claim made by Ford CEO Jim Farley. This statement certainly paints a positive outlook for the company’s decision to adopt EVs. On its current roadmap, Ford aims to reach 50 percent of EV sales by 2030. According to a report in Cleantechnica, because electric vehicles don’t operate using the complex components of a gas-powered vehicle, they have fewer parts to break and need. Low maintenance over time.
Source: clean technology
Apple was recently forced to adopt USB-C ports for its iPhones, thanks to a new law in Europe that sets the rules for universal charging. Now, India will also adopt USB-C as a common charging port for electronics. According to Livemint, the Government of India took the decision after extensive consultations. The motivation is to reduce e-waste and save consumers from having to buy new chargers with their devices. The government is also hoping that electronics manufacturers will also reduce the cost of chargers from their products, making them more affordable.
Facebook will remove certain personal details from user profile bios, including religious views, political views, address and “interests”, which indicate a user’s sexual orientation, from user profile bios. The change came suddenly and Meta did not explain why it decided to remove these details. The troubled company is undergoing massive restructuring as it cut 11,000 employees last week.
Source: business Insider
Coinbase’s share price continues to slide as the collapse of FTX continues to send shockwaves throughout the industry. The crypto exchange’s share price fell six percent on Thursday after Goldman Sachs said it was insulated from the FTX crash. To date, Coinbase shares have declined 80 percent this year. Its market capitalization has plummeted to $11 billion after a massively successful IPO that valued it at $85 billion just a year ago.
Source: yahoo finance
This is all the tech news that is trending right now. Hashtag Trending is a part of the ITWC Podcast Network. Add us to your Alexa Flash Briefing or your Google Home Daily Briefing. Be sure to sign up for our Daily IT Wire Newsletter to get important news straight to your inbox every day. Plus, check out the next episode of Hashtag Tendence, our weekly hashtag trending episode in French, which drops every Thursday morning. If you have any suggestion or tip, drop us a line in the comments or via email. Thanks for listening, I’m Aashi Pamma.