Facebook parent Meta set to take nearly 50% cut from virtual sales — and Apple is calling it out

Facebook parent Meta Platforms Inc.'s intent to take a nearly 50% cut of digital asset sales within its emerging metaverse is drawing widespread criticism from developers and longtime nemesis Apple Inc. Read More...


Mercedes-Benz completes 1,000 km electric drive on energy-efficient design

Mercedes-Benz aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles), its chief technology officer (CTO) said on Thursday, a third more efficient than the current average for electric cars. Speaking as the carmaker celebrated the successful test drive of its EQXX prototype vehicle over more than 1,000 km from Sindelfingen in Germany to the Cote d’Azur on a single charge, CTO Markus Schaefer said efficient design was key to maximising an electric car’s range. “First we optimise efficiency, and then we can see how many battery modules we put in the car,” Schaefer said at a media roundtable, adding that customers should be able to decide the size of the battery they want based on their needs.

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