Foxconn to acquire first US EV factory in deal with Lordstown Motors

By news@appleinsider.com (Mike Peterson) Foxconn has inked a deal to acquire an electric vehicle manufacturing factory in North America as part of a broader collaboration with U.S. EV startup Lordstown Motors.Credit: Lordstown MotorsThe Apple supplier announced that it purchase Lordstown’s manufacturing plant in Ohio for $230 million, and would take a 4% take in Lordstown for about $50 million. As part of the agreement, Foxconn will produce the Lordstown Endurance electric pickup truck, Nikkei …

Source:: Apple Insider

      

FCC says carriers should better protect phone users, plans new regulation

By news@appleinsider.com (William Gallagher) The FCC is planning to introduce a new requirement for phone carriers to combat scams involving SIM-swapping and porting users’ accounts to criminals.FCCThe Federal Communications Commission has begun what it describes as a “formal rulemaking process,” which aims to help phone users. It’s specifically intended to make …

Source:: Apple Insider

      

Apple-backed lobbying groups accused of fighting climate legislation

By news@appleinsider.com (William Gallagher) Watchdog claims unspecified groups, including some backed by Apple and Microsoft, are opposing President Biden’s $3.5 trillion budget bill to combat climate change.President BidenNon-partisan group Accountable.US says that the Democrats’ bill is the target of corporate lobby groups and other organizations. According to The Guardian, …

Source:: Apple Insider