TECHNOLOGY
Faraday Future plans to release an electric vehicle that will rival Tesla ’ s models . Faraday Future ’ s perceived choice to take on Tesla makes sense considering that its senior vice president of R & D and engineering , Nick Sampson , used to be Tesla ’ s director of Vehicle & Chassis Engineering .
The company ’ s vice presidents of Global Manufacturing , Human Resources , and Supply Chain are all former Tesla employees . In addition , Faraday Future ’ s Head of Design ,
Richard Kim , was the lead designer for BMW ’ s i3 and i8 concepts .
Electronic payments Tech giant Apple has signed deals with four of China ’ s major state-run banks in order to pave way for Apple Pay . The deals allow users of the service to integrate their local bank accounts with the app .
While Apple charges 0.15 per cent of all credit card transactions and 0.5 cents per debit transaction in the U . S ., it is unclear of what will it charge in
18 January 2016