Google Offers Massive €470 Million to Halt CISPE-Microsoft Settlement, But Faces Rejection
July 17, 2024 – Google has offered a staggering economic incentive of 470 million euros to persuade the Cloud Infrastructure Services Providers in Europe (CISPE) to reject a settlement with Microsoft and instead, urge the European Union (EU) to proceed with an investigation into Microsoft’s cloud computing division. According to reports in July, CISPE had…
Tesla Faces Year-End Deadline to Resolve 4680 Battery Issues as Ordered by Musk
July 16, 2024 – Despite Elon Musk’s initial claims about the potential of the 4680 battery, the technology has faced challenges in meeting performance and production targets in 2023. This has led to the postponement of Tesla’s planned “$25,000 electric vehicle,” which has been repeatedly delayed and was shelved in February of this year. According…
GM CEO Acknowledges Challenges in Meeting 2025 EV Production Goal
July 16, 2024 – General Motors (GM), which announced in 2021 its ambition to achieve a zero-emission target by 2035, now faces uncertainty regarding its milestone plan to have a production capacity of 1 million electric vehicles (EVs) per year in North America by the end of 2025. In an interview with CNBC on Monday,…
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….