Mercedes-Benz and BMW Embrace Battery Transparency Following Korean Government Recommendation
August 14, 2024 – Following a severe fire incident earlier this month, the South Korean government held a meeting on Tuesday, urging all automobile manufacturers to voluntarily disclose detailed battery information for their electric vehicles (EVs). This information has traditionally been considered confidential within the industry. The incident, which occurred in Incheon, involved a Mercedes-Benz…
NVIDIA CEO Huang Sells Shares Daily in August, Latest Cash-Out Totals $24.91 Million
August 14, 2024 – According to recent filings with the U.S. Securities and Exchange Commission (SEC), NVIDIA CEO Jen-Hsun Huang sold a total of 240,000 shares of the company’s stock on August 8 and 9, realizing a profit of $24.91 million. Documents reveal that Huang has been consistently selling NVIDIA shares throughout the first week…
Google Takes on Apple: Subtle Jabs at the Competition During Pixel 9 Launch
August 14, 2024 – At its early morning Pixel 9 launch event, Google not only unveiled the new generation of Pixel phones and advanced AI features but also repeatedly took subtle jabs at its competitor, Apple. While it’s not uncommon for technology companies to compare themselves to their rivals during product launches, Google’s frequent “long-distance…
Tesla Cybertruck Undergoes Major Revisions: Price Hikes and Entry-Level Model Disappearance
August 13, 2024 – Tesla’s highly anticipated electric pickup truck, the Cybertruck, has undergone significant revisions, with the company officially removing the entry-level rear-wheel-drive variant scheduled for 2025 delivery and priced at $60,990 from its configurator. This move signals a strategic shift in the product lineup, leaving customers with revised options that reflect a new…
DOE Reveals: Electric Vehicle Battery Costs Have Dropped 90% Over the Past 15 Years
August 13, 2024 – Groundbreaking research conducted by the Vehicle Technologies Office of the U.S. Department of Energy (DOE) has unveiled a staggering 90% reduction in the cost of electric vehicle (EV) batteries between 2008 and 2023, bolstering automakers’ efforts to bridge the price gap between EVs and internal combustion engine (ICE) vehicles. The dimensions,…
AMD Completes Acquisition of Europe’s Largest Private AI Lab, Silo AI, for $665 Million
August 13, 2024 – AMD has officially announced the completion of its acquisition of Silo AI, Europe’s largest private AI lab, in an all-cash deal valued at approximately $665 million. With this move, the scientists and engineers from Silo AI have officially joined the AMD family. AMD’s commitment to the AI sector is evident, and…
SpaceX Faces Allegations of Multiple Wastewater Violations, Polluting Texas Waters this Year: Regulatory Report
August 13, 2024 – SpaceX, the space exploration company owned by Elon Musk, has been accused of violating environmental regulations multiple times this year by illegally discharging pollutants into Texas waters. The Texas Commission on Environmental Quality (TCEQ) issued a notice of violation last week, specifically pointing out serious issues with the water deluge system…
Security Breach: iPhone Prototypes on Second-Hand Market Reveal Sensitive Apple Info
August 13, 2024 – Security researcher Matthew Bryant stumbled upon a trove of internal Apple documents after purchasing a second-hand Apple Time Capsule on eBay, according to a report published by Wired on August 10th. Bryant, who acquired the device for 38plus40 shipping from the UK, discovered a “treasure trove” of data, including copies of…
AI Revolution Threatens to Widen Development Gap Between Nations
August 12, 2024 – A recent report titled “Minding the AI Gap: Shaping the Future of Work in a Global Perspective” has been released by the International Labour Organization and the Office of the UN Secretary-General’s Technology Envoy. The report raises concerns that the AI revolution may widen the development gap between high-income and low-income…
SpaceX’s Starship Gearing Up for Fifth Test Flight in Roughly Three Weeks
August 12, 2024 – SpaceX, the leading space exploration company, has announced that the highly anticipated fifth test flight of its Starship may be postponed to September. This update comes from the company’s CEO, Elon Musk, who revealed the potential delay on social media. In June of this year, SpaceX achieved a historic milestone with…