Electric vehicles are more efficient to produce, India wants to use USB-C for universal chargers and Facebook wants to remove some personal data from Facebook bios.
That’s all the tech news that’s trending right now, welcome to Hashtag Trending. It’s Friday November 18th and I’m your host, Ashee Pamma.
Making an electric vehicle requires 40 percent fewer workers than making fossil-fuel cars. That’s the latest big claim from Ford CEO Jim Farley. This statement certainly paints a positive outlook for the company’s decision to embrace electric vehicles. According to its current roadmap, Ford is aiming for 50 percent of electric vehicle sales by 2030. Because electric vehicles don’t work with the complex components of a gas-powered vehicle, they have fewer parts to damage and require less maintenance over time, according to a Cleantechnica report.
Source: Clean technology
Apple was recently forced to introduce USB-C ports for its iPhones thanks to a new law in Europe setting rules for universal charging. Now India will also adopt USB-C as a common charging port for electronics. According to Livemint, the Indian government made the decision after extensive consultation. The motivation is to reduce e-waste and save consumers from buying new chargers with their devices. The government also hopes electronics manufacturers will remove the cost of the charger from their products, making them more affordable.
Facebook will remove some personal details from user profile bios, including religious beliefs, political beliefs, address, and “interested in,” a detail identifying a user’s sexual orientation from user profile bios. The change came suddenly and Meta didn’t explain why she decided to remove those details. The turbulent company is undergoing a massive restructuring as 11,000 employees were laid off last week.
Source: Business Insider
Coinbase’s share price continues to fall as the fallout from FTX’s collapse continues to send shockwaves through the industry. The crypto exchange’s share price fell six percent on Thursday, even as Goldman Sach said it was isolated from the FTX crash. So far this year, Coinbase shares are down 80 percent. Its market cap has slipped to $11 billion after a hugely successful IPO that priced it at $85 billion just a year ago.
Source: Yahoo Finance
That’s all the tech news that’s trending right now. Hashtag Trending is part of the ITWC Podcast Network. Add us to your Alexa Flash briefings or your daily Google Home briefing. Be sure to register with us Daily IT wire Newsletter to get all the important news straight to your inbox every day. Also check out the next episode of Hashtag Tendances, our weekly hashtag trending episode in French that comes out every Thursday morning. If you have a suggestion or tip, drop us a line in the comments or via email. Thanks for listening, I’m Ashee Pamma.