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- Detroit/ Beijing: China-backed electric vehicle startup Faraday scales back US plans

Electric luxury car startup Faraday Future, one of several Chinese- funded companies efforts are directed at Elon Musk’s Tesla Inc, and it is back on plans to build vehicles in the United States, the company’s public officials said.


 
Faraday, an affiliate of Beijing-based Leshi Internet Information and Technology Corp, has also reduced its product plan portfolio from seven to two vehicles, reported. The Faraday will build a smaller auto assembly facility (around 650,000 SQ.FT) in North Las Vegas, Nevada starting late 2017, which originally it was planned to take up 3 M square feet. In December of 2015 Faraday announced plans to built its first auto factory in Nevada, with an annual capacity of 150,000 with an investment of $1.3 billion and planed to open in late 2017. Faraday’s finance team prepared the documents for Chinese investors in early 2016 that previously made public show the company was pitching a $1 billion. Rumors said, future production of most Faraday vehicles, Chinese sister brand LeSee, likely be centered in China’s Zhejiang province, and may open in 2019. 
 
- Asus launches PO Strix GL553 gaming laptop,
This Asus’s new laptop with starting price of almost $1420 appeared at the ongoing Indian Gaming Show (IGS). Which it was first showcased at CES last month.
This Gaming laptop has 15.6-inch Full HD display with 1920x1080 pixel resolution. The Windows 10 based notebook/ PC can be configured with an Intel Core i7, i5 or HM175 chipset, along with expendable to 32GB of DDR 4 RAM.


Photos: Google

The Strix GL553 can take two types of NVIDA graphic cards GeForce GTX 1050 with 2GB/4GB GDDR5 memory and GeForce GTX 1050Ti with 4GB GDDR5 memory. Laptop comes with 1THDD and optional 128GB/256 SSD.
 
- Snapchat plans for public.
The owner of messaging app Snapchat has publicly filed plans to sell its shares on the stock market in US. The California base tech firm soon will be a biggest company to list shares in the US this year.
 
- US warn, N Korea against nuclear attack.
Any use of nuclear weapons by the North would be met with an “overwhelming” response, says US defense chief.
 




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