Stellantis to Shut Down Historic Luton Plant After 120 Years: Promises Fair Treatment for All Employees
November 28, 2024 – Stellantis, the parent company of the British automotive brand Vauxhall, announced yesterday its decision to shut down its car manufacturing plant in Luton, UK, where Vauxhall has been producing vehicles since 1905, and consolidate its operations in the country. Currently employing around 1,100 workers, the Luton plant manufactures internal combustion engine…
Google, Meta, and Others Protest Australia’s Proposed Social Media Restriction for Youth
November 27, 2024 – Several tech giants, including Google, Meta, TikTok, and X (formerly known as Twitter), have jointly criticized a new regulation proposed by the Australian government that aims to prohibit social media use by individuals under the age of 16. The companies argue that the bill, which was submitted to the parliament on…
U.S. Department of Energy Backs Rivian with $6.6 Billion Loan for EV Expansion
November 27, 2024 – Yesterday, local time in California, Rivian, the American pure electric vehicle company, announced that the U.S. Department of Energy has conditionally committed to providing a total loan of 6.6billionundertheATVM(AdvancedTechnologyVehiclesManufacturing)program.Thisloan,whichincludes6 billion in principal and $600 million in capitalized interest, is intended to support Rivian’s expansion plans. If finally approved, the loan will…
Apple’s Declining Interest in (PRODUCT) RED Revealed
November 27, 2024 – According to a report published by technology media outlet MacRumors on November 26th, Apple seems to be gradually “phasing out” its (PRODUCT) RED line of products, with no active plans to introduce new ones. A Brief on Apple’s (PRODUCT) RED Initiative Apple began participating in the (PRODUCT) RED program in 2006,…
Microsoft 365 Hits Major Outage, Disrupting Teams and Outlook Services
November 27, 2024 – Microsoft 365 services have experienced a widespread outage over the past 24 hours, disrupting multiple services including Outlook, Exchange, Teams, and SharePoint. According to data from Down Detector, there have been over 5,300 reports of related issues globally, with a significant concentration in cities like New York, Chicago, Los Angeles, and…
Warren Buffett to Leave Just 0.5% of His Wealth to His Three Children, Reveals Estate Plans
November 27, 2024 – In a letter addressed to shareholders of Berkshire Hathaway on the 25th of the month, 94-year-old Warren Buffett announced his decision to convert 1,600 Class A shares of the company into 2.4 million Class B shares. These newly acquired Class B shares will then be donated to four family charitable funds….
Amazon Aims for the Moon with Plan to Deploy 100,000 Custom AI Chips
November 26, 2024 – Amazon has embarked on a moonshot initiative to deploy 100,000 second-generation custom chips, aiming to enhance data processing efficiency and trim down AI chip procurement costs, Bloomberg reported on November 25th. Citing informed sources, the news outlet revealed that Amazon has established an engineering lab in Austin, Texas, USA, and assembled…
Apple’s iPhone 17 Pro Series to Embrace Major Design Shift with Aluminum Body
November 26, 2024 – According to Wayne Ma from The Information, Apple’s upcoming iPhone 17 Pro and iPhone 17 Pro Max are set to undergo “significant design changes.” For the first time since the iPhone lineup was divided into Pro and non-Pro models, these two flagship devices will feature an aluminum frame in the Pro…
Musk Surprised: California EV Subsidies to Exclude Tesla
November 26, 2024 – On Monday, California Governor Gavin Newsom declared that if President Trump decides to abolish the federal tax credit for electric vehicles (EVs) upon taking office, the state of California will introduce a separate rebate program for EV buyers. However, he also mentioned that the current proposal excludes Tesla’s popular models, and…
Apple Rumored to Eliminate SIM Card Slot from iPhone 17 in Expanded Global Rollout
November 26, 2024 – According to a report by The Information today, Apple is planning to remove the physical SIM card slot from iPhones in more countries and regions next year, although no specific nations were mentioned. It is alleged that the current prototypes of the “iPhone 17 Air” do not feature a SIM card…