On Saturday, an Amsterdam court ruled that the privacy litigation against Facebook Inc. (NASDAQ: FB) in the Netherlands can proceed. The case will be heard in October, the Verge reported. The court rejected Facebook’s offer to have the lawsuit from two non-profit groups thrown out. The Amsterdam-based Data Privacy Foundation and Dutch consumer advocacy organization Consumentenbond have filed a lawsuit against Facebook for violating the European Union privacy law. According to the lawsuit, Facebo Read More...
Li Auto Inc. said Friday that June deliveries of its electric vehicle (EV), the Li One, hit a new monthly high of 7,713. The result is an increase of 320.6% from last year, and an increase of 78.4% from the previous quarter. New orders of the Li One exceeded 10,000 in June, also a new record. For the second quarter, total deliveries were 17,575, an all-time high, and up 166.1% year-over-year and 39.7% quarter-over-quarter. As of June 30, 2021, Li Auto had 97 retail stores across 64 cities. Tesla