UK Regulator Probes Microsoft’s Transactions with Inflection AI
July 17, 2024 – The UK’s Competition and Markets Authority (CMA) announced on July 16th that it is investigating Microsoft’s hiring of several former employees of Inflection AI and the arrangements made with the company. The regulatory body has expressed concerns that these actions could potentially lead to a “substantial lessening of competition.” In its…
Three Months After Layoffs, Tesla Launches Significant Hiring Initiative
July 17, 2024 – Tesla is in the process of hiring nearly 800 new employees, just three months after CEO Elon Musk issued the largest layoff order in the company’s history. According to Bloomberg’s analysis, new job postings have appeared on Tesla’s career page in recent weeks, ranging from artificial intelligence experts to service positions….
Apple Warns 1.4 Billion iPhone Users: Ditch Google Chrome for Better Privacy
July 17, 2024 – According to a report by Forbes, Apple has launched a new promotional campaign targeting its global community of over 1.4 billion iPhone users, urging them to ditch Google’s Chrome browser in favor of its native Safari browser. The relationship between Google and Apple has always been complex, with a previous tacit…
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…