DJI Drone Ban Omitted from Senate NDAA Version, Yet Uncertainty Looms
July 12, 2024 – The Senate Armed Services Committee has released its version of the Fiscal Year 2025 National Defense Authorization Act (NDAA), and notably, it does not contain a provision to ban new DJI drones from entering the U.S. market, as reported by DroneDJ. This is in contrast to the House of Representatives’ version…
Tesla Raises Prices of Chinese-Made Model 3 by 1,500 Euros in Germany Amid EU Tariffs
July 11, 2024 – Following the implementation of tariffs by the European Union (EU) on electric vehicles made in China, Tesla announced on Wednesday that it has increased the prices of its Model 3 cars in several EU countries including France, Germany, Italy, Greece, Poland, Spain, and Sweden by approximately 1,500 euros. The new pricing…
Hungary Urges EU to Accelerate EV Transition, Opposes Tariffs on Chinese Imports
July 11, 2024 – Hungarian Minister of Economic Development, Naji Maton, announced at a press conference in Budapest on July 10th that Hungary has submitted a proposal to the European Union’s Competitiveness Council. The proposal outlines a comprehensive set of measures aimed at accelerating the European Union’s transition to electric vehicles. Maton emphasized the need…
Musk’s Neuralink to Perform Second Human Implant Surgery This Week
July 11, 2024 – In a live stream on 𝕏, Elon Musk and the Neuralink team held an “update conference”, addressing inquiries from the online audience. Musk announced that Neuralink intends to implant its device into a second human patient within approximately one week and aims to have its brain-computer interface (BCI) chips implanted in…
FTC Examines Investment Relationship between Microsoft and OpenAI
July 11, 2024 – The Federal Trade Commission (FTC) has announced an investigation into five major technology companies, including Microsoft. The probe primarily focuses on reviewing whether these companies have engaged in monopolistic practices in their investments and collaborations within the AI sector. Additionally, the FTC aims to gain insights into the current competitive landscape…
Microsoft Spends Hundreds of Millions on Carbon Credits to Offset AI’s Environmental Impact
July 11, 2024 – In a significant move to support its overall carbon strategy, Microsoft has recently signed a contract with Occidental Petroleum, agreeing to purchase 500,000 tons of carbon dioxide removal (CDR) “credits” over the next six years. The tech giant has been aggressively expanding its data centers to fuel the growth of the…
Dyson to Cut Nearly One-Third of UK Workforce, Affecting Around 1,000 Jobs
July 10, 2024 – Dyson, the iconic British technology giant, has unveiled plans to reduce its workforce in the United Kingdom by approximately 1,000 employees, constituting roughly a third of its domestic staff count, as part of a broader restructuring strategy, according to a report by the Financial Times. In a confidential communication on Tuesday,…
Samsung Electronics Faces Indefinite Strike as Union Demands Pay Rise and Better Benefits
July 10, 2024 – In a decisive move, the largest labor union at Samsung Electronics, the Korean National Union of Samsung Electronics Workers (KNUSEW), has announced an indefinite strike action, citing the company’s management’s reluctance to engage in meaningful dialogue. The announcement comes as a culmination of ongoing tensions between the union and the tech…
DeepMind CEO Asserts: Current AI’s Comprehensive Intelligence Lags Behind House Cats
July 10, 2024 – In a groundbreaking revelation at the prestigious “Future of Britain 2024” conference hosted by the Global Institute for Transformation, Demis Hassabis, the visionary CEO of Google DeepMind, painted a nuanced picture of the current state of Artificial Intelligence (AI). Hassabis, engaging in a candid dialogue with former British Prime Minister Tony…
OpenAI Board Independence Strengthened as Microsoft and Apple Withdraw Observer Seats
July 10, 2024 – Microsoft has announced its decision to relinquish its observer seat on the OpenAI board of directors, citing the “significant advancements” made by OpenAI over the past eight months and expressing confidence in the company’s future trajectory, thereby deeming the seat no longer necessary. In a letter addressed to OpenAI, Microsoft confirmed…