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This is more than the 30 percent Volkswagen (VW), still reeling from an emissions cheating scandal, expected and would translate into a share for electric vehicles of more than 40 percent of its expected total vehicle sales in 2030, CEO Herbert Diess said. “This means that our planned restructuring programme, which is needed to address this systemic change, is not yet sufficient.”. German Economy Minister Peter Altmaier said the targets were at the limit of what was technically and economically feasible. Around 436,000 industrial jobs in Germany are tied to building petrol and diesel engined vehicles.

“This is a tough stretch and is at the higher end of expectations – however, we are convinced that this will help the industry to finally accept that combustion engines and platforms need to be standardized,” Evercore ISI analysts wrote, VW, Europe’s largest cubic zirconia cufflinks in gold carmaker, has earmarked about 30 billion euros ($34 billion) for the next five years to make sure it can achieve CO2 cuts of 30 percent by retooling its production process to focus more on electric vehicles, The tougher EU targets, Diess said in e-mailed remarks, would require further changes to its strategy..

“Restructuring our product portfolio, possibly further reducing our combustion engine-based offering and a significant adjustment of our plant structures and additional battery cell and battery factories would be necessary,” Diess said. He added the group’s plans needed to be reviewed in autumn 2019, in line with the carmaker’s planning calendar. Overall, VW plans to spend almost 44 billion euros on developing electric cars, autonomous driving and new mobility services by 2023, aiming to become the most profitable manufacturer of battery-powered vehicles.

(Reuters) - Twitter Inc (TWTR.N) shares fell almost 7 percent on Monday after the company said it was investigating unusual traffic that might be from state-sponsored hackers and, in what appeared to be an unrelated issue, a security firm said hackers used the platform to try to steal user data, Twitter said in a blog that it discovered suspicious traffic to a customer-support forum while investigating a security bug cubic zirconia cufflinks in gold that exposed data, including users’ phone country codes and details on locked accounts, It said the bug was fixed Nov, 16..

Twitter observed a large amount of traffic to the customer support site coming from individual internet IP addresses in China and Saudi Arabia. “While we cannot confirm intent or attribution for certain, it is possible that some of these IP addresses may have ties to state-sponsored actors,” the blog said. “We continue to err on the side of full transparency in this area and have updated law enforcement on our findings,” it said. A company spokesman declined to elaborate as Twitter shares posted their biggest drop in more than two months.

The Chinese government consistently denies any involvement in hacking or other forms of internet attacks and says that it is dedicated to cracking down on such behavior, Speaking in Beijing on Tuesday, Chinese Foreign Ministry spokeswoman Hua Chunying said China’s position on internet security and attacks was consistent, China hopes all sides can deal with this issue via talks and cooperation on the basis of mutual respect, cubic zirconia cufflinks in gold she added, Wedbush analyst Michael Pachter blamed the decline on concerns that news of a breach could hurt growth and user engagement..

“Clearly, a breach like this impairs user trust in the platform,” he said. Separately, security software maker Trend Micro Inc said in a blog earlier on Monday that attackers sent out two tweets in October in a bid to steal data from previously infected machines. The hackers hid instructions in tweeted memes that secretly ordered infected devices to send information, including user names, screen images and other content, Trend Micro said. The Twitter spokesman declined to comment on the Trend Micro report.

(Reuters) - U.S, supermarket chain Kroger Co (KR.N) said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro, The cubic zirconia cufflinks in gold delivery service follows a pilot program started by the companies in Scottsdale in August and involved Nuro’s R1, a custom unmanned vehicle, The R1 uses public roads and has no driver and is used to only transport goods, Kroger’s deal with Nuro underscores the stiff competition in the U.S, grocery delivery market with supermarket chains angling for a bigger share of consumer spending..

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