Bank of America on AI Boom: Still in Early Stages, Comparable to Internet in 1996
September 14, 2024 – Amidst a growing skepticism among investors regarding the future of AI, Bank of America has released a report suggesting that the current AI boom is still in its nascent stages, mirroring the trajectory of the internet in the 1990s. The bank’s statement comes at a time when substantial funds have flooded…
Meta Revamps AI Training in the UK: Public Posts to Fuel Data Collection Next Week
September 14, 2024 – Meta, the tech giant, unveiled on September 13th its revitalized AI training initiative, committing to a responsible and transparent approach. This endeavor entails leveraging public posts from British users on Facebook and Instagram to refine its AI capabilities. In response to regulatory directives, Meta has introduced a revamped “opt-out” mechanism, enhancing…
Apple US Offers 2022 Refurbished iPad Air/Pro Models with Prices Starting at $469, Discounts Ranging 15%-20%
September 14, 2024 – Apple has recently expanded its range of officially refurbished devices on its US website, introducing the 2022 models of iPad Pro and iPad Air. The refreshed offerings, featured on the company’s certified refurbished page, encompass: The 11-inch iPad Pro, powered by the M2 chip, now starts at 639forthe128GBmodel,markingasignificantdiscountfromitsoriginalretailpriceof799. Joining the lineup…
Rivian Uncovers: Xiaomi SU7 Reveals China’s Supply Chain Advantage, Cutting Costs by 20%-40%
September 14, 2024 – In a surprising revelation, American electric vehicle upstart Rivian has procured the Xiaomi SU7 for benchmarking purposes, as reported by automotive outlet insideevs on September 12th. The publication hailed the SU7 as the ‘Chinese Apple Car’ in its headline, highlighting the vehicle’s significance. The confirmation came from Rivian CEO RJ Scaringe…
Tesla’s Alleged Robotaxi Spotted in Disguise in Los Angeles: A Two-Door, Two-Seater Design
September 14, 2024 – Tesla is gearing up for a grand event on October 10th at the Warner Bros. film studio in the Los Angeles area, where it plans to unveil its highly anticipated Robotaxi, an autonomous ride-sharing vehicle. Elon Musk, the CEO of Tesla, has declared this day as the most significant for the…
Boeing Faces Strike as 94.6% of Workers Reject Tentative Labor Deal
September 13, 2024 – Boeing and its largest union, the International Association of Machinists and Aerospace Workers (IAM) 751, announced on September 8th that they had reached a tentative agreement on a new four-year contract, potentially averting a strike that could have significantly impacted the company’s aircraft manufacturing. However, according to a report by CNBC…
Amazon Introduces ‘Refund Only’ Option for US Sellers
September 13, 2024 – Amazon is broadening the options for third-party sellers to manage product returns. The company is now offering more choices to sellers who use its hosted Fulfillment by Amazon (FBA) service, including the option to not require customers to return selected items. Following the expansion of its services, Amazon’s US-based sellers can…
BYD Hits Milestone: 900,000 Employees, 110,000 in R&D – A Global Automotive Leader
September 13, 2024 – Li Yunfei, General Manager of Brand and Public Relations at BYD Group, revealed today on Weibo that the company has achieved a significant milestone, with its total number of employees exceeding 900,000. This makes BYD the A-share listed company with the largest number of employees among over 5,300 such companies, surpassing…
Intel to Close Shannon R&D Center in Ireland, Impacting 750 Jobs
September 13, 2024 – According to a report by The Irish Times on September 6th, employees at Intel’s research and development department have been informed that the company plans to shut down its factory located in Shannon, County Clare, Ireland by the end of next year. The company’s operational base in Ireland will be relocated…
Toyota Prius Sets New Guinness Record with 2.52L/100km Fuel Efficiency
September 13, 2024 – The Autopian, a leading automotive media outlet, reported on September 12th that an unmodified Toyota Prius, the fifth generation model, has set a new Guinness World Record. Under the skilled hands of Wayne Gerdes, the hybrid vehicle achieved an impressive combined fuel economy average of 93.158 miles per gallon (equivalent to…
