Northvolt, Founded by Ex-Tesla Exec, Loses €2 Billion BMW Battery Deal Over Delivery Issues

June 22, 2024 – According to a report from Reuters, Swedish battery manufacturer Northvolt, founded by a former Tesla executive, has failed to fulfill a long-term supply agreement, leading BMW to recently cancel a battery contract signed with Northvolt in 2020 worth over 2 billion euros. Last year, Northvolt announced a significant breakthrough in energy…

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China’s Auto Sales Could Hit 50 Million Units, Capturing Half the Global Market, Says Industry Leader

May 30, 2026 – At the 2026 Future Auto Pioneers Conference held today, China’s auto market was projected to dominate global sales for years to come, with one industry leader forecasting domestic annual sales could eventually reach 50 million units — effectively controlling half or more of the worldwide market. Cui Dongshu, secretary-general of the…

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Meta Responds to 17.5M Instagram Data Leak Rumors: Systems Unbreached, User Accounts Safe

January 12, 2026 – Recently, news emerged that data from over 17.5 million Instagram accounts under Meta had been leaked, sparking widespread concern across the industry. In response, a Meta spokesperson told BleepingComputer that the reports were false. “We’ve fixed an issue that had allowed external parties to initiate password reset email requests for some…

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Next Week’s Highlight: Musk Announces Live Demonstration of Tesla’s FSD V12 on X Platform

**August 16, 2023 – Unveiling the Future: Tesla’s FSD V12 Software** In the ever-evolving landscape of autonomous driving technology, Tesla’s Full Self-Driving (FSD) capability remains a focal point of discussion. The anticipation among users is palpable, with some expressing their eagerness for the next iteration, while others harbor concerns about its stability. Nevertheless, Elon Musk,…

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Targus Unveils Powerful Thunderbolt 5 Dock with 8K Triple-Screen Support and 140W Fast Charging at CES

January 7, 2025 – At the CES 2025, accessory manufacturer Targus unveiled its latest DOCK230 Thunderbolt 5 docking station, offering an unprecedented capability to connect up to three 8K monitors and deliver blazing-fast speeds of up to 120 Gbps. Additionally, it supports a 140W Extended Power Range (EPR). According to the press release, this docking…

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Google’s Parent Doubles Down on AI: $75B Investment in Chips and Infrastructure

April 10, 2025 – Alphabet Inc., Google’s parent company, has reaffirmed its commitment to pouring approximately $75 billion into expanding its data centers this year, underscoring its aggressive push into generative AI despite lingering uncertainties around returns and rising costs triggered by global trade tensions. CEO Sundar Pichai, speaking at Google Cloud’s annual conference, emphasized…

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