LG Energy SolutionHarnesses AI to Swiftly Design Custom Battery Cells
July 16, 2024 – LG Energy Solution, a leading Korean battery supplier, has announced the integration of artificial intelligence (AI) technology into its battery design process. This innovation enables the company to swiftly craft customized battery cells according to client specifications within a single day. The AI battery design system developed by LG Energy Solution…
Virginia Bans Cellphones in Schools, Ushering in a New Era of Distraction-Free Learning
July 16, 2024 – Virginia is poised to become the next state to ban cellphone use in schools, as it explores ways to make the measure more palatable to students and teachers. Governor Glen Yangkin has signed Executive Order 33, which aims to restrict or completely prohibit the use of cellphones during school hours. However,…
Yandex Changes Hands: Dutch Parent Company Sells to Russian Investors for $5.4B
July 16, 2024 – This week, a significant deal in the technology sector was finalized, as reported by Reuters. The Russian tech giant Yandex has reached an asset division agreement, with a consortium of Russian investors acquiring a majority of Yandex’s business in a cash and stock transaction valued at approximately $5.4 billion. Founded during…
IDC Reports: Global Smartphone Shipments Reach 285.4 Million Units in Second Quarter, with Samsung, Apple, Xiaomi, vivo, and OPPO Leading the Pack
July 15, 2024 – The International Data Corporation (IDC) has unveiled its latest quarterly report on global smartphone shipments, revealing a robust 6.5% year-on-year growth for the second quarter of 2024, totaling 285.4 million units. This marks the fourth consecutive quarter of shipment increases, fueling optimism for the year’s anticipated recovery, albeit with lingering market…
Apple’s India Revenue Skyrockets 33% to an All-Time High of Nearly $80 Billion
July 15, 2024 – Apple Inc. has achieved a remarkable milestone in India, with its annual sales soaring to a record-high of nearly $80 billion, underscoring the significance of this rapidly expanding market. The tech giant has intensified its presence in the country by assembling more devices locally and establishing two flagship stores, marking a…
Elon Musk Reveals: Two Attempted Assassinations in the Past 8 Months
July 15, 2024 – In a recent turn of events, following the attempted assassination of Donald Trump, the U.S. presidential candidate, at a rally in Butler, Pennsylvania last Saturday, Elon Musk, CEO of Tesla, has revealed that he himself has faced two assassination attempts in recent months. Expressing his wishes for Trump’s “swift recovery” after…
As Fortunes Falter, Reports Surface of Samsung Electronics Staff Contemplating SK Hynix Move
July 15, 2024 – Amidst mounting internal turmoil, Samsung Electronics is grappling with a series of crises that have shaken the tech giant to its core. Beyond the headlines of a nationwide strike led by the powerful Samsung Electronics National Union (SENU), whispers of employee defections to SK Hynix have added fuel to the fire….
The Energy Footprint of Tech Giants: Google and Microsoft Exceed Electricity Usage of Over 100 Nations in 2023
July 15, 2024 – A staggering revelation has emerged regarding the colossal energy consumption of tech giants Google and Microsoft, as Michael Thomas’s analysis underscores their respective annual electricity usage at a whopping 24 terawatt-hours (TWh) in 2023, surpassing the total power demands of over 100 nations, including Iceland, Ghana, and Tunisia. This colossal energy…
Financial Constraints Stall Rural American Operators’ Push to Replace Huawei, ZTE Gear
July 15, 2024 – The Federal Communications Commission (FCC) has unveiled a distressing update on the progress of removing Chinese-made telecommunications equipment from rural American networks, highlighting significant financial constraints that have hindered the completion of the mandated task. According to the latest FCC report, a staggering over 40% of rural carriers have been unable…
CATL Aims to Raise $1.5 Billion for Global Supply Chain Development
July 13, 2024 – According to a report by the Financial Times today, CATL, the world’s largest electric vehicle battery manufacturer, is currently in negotiations with overseas sovereign wealth funds and the private offices of ultra-high-net-worth individuals to raise a $1.5 billion fund for establishing its global supply chain. The report, citing informed sources, stated…