Volkswagen Shifts Focus: Polo Production Halts in Europe to Make Way for Compact Electric Cars
September 24, 2024 – After a four-decade journey, Volkswagen has brought the curtain down on the production of its iconic Polo in Europe, as reported by European Car News and Carscoops today. The small car, which was being manufactured at the company’s Pamplona factory in Spain, will now be exclusively produced at the Kariega plant…
Northvolt Announces Global Layoff of 20% Amid Funding Challenges
September 24, 2024 – Northvolt AB, a prominent Swedish battery manufacturer, has announced plans to reduce its global workforce by 20% and halt the expansion of its main factory in northern Sweden. This decision comes as a response to a funding crisis triggered by the slowing demand for electric vehicles. The layoffs, affecting 1,600 positions,…
iFixit Claims iPhone 16 Is the Most Repair-Friendly Model in History
September 24, 2024 – The iFixit team has recently dismantled the latest iPhone 16, praising it as the “most repairable iPhone ever.” This accolade is largely due to a series of structural enhancements Apple has implemented within the device, notably the introduction of a novel adhesive for securing the battery. Historically, iFixit has been critical…
Huawei and du Launch Middle East’s First Indoor 5G-A Network, Achieving 5.1 Gb/s Speed”
September 23, 2024 – Huawei, in partnership with UAE-based operator du, has recently accomplished a notable feat in the Middle East region. Utilizing the LampSite X digital solution, they have successfully deployed the area’s first indoor network based on Three-Component Carrier (3CC) technology. This network stands out with a peak speed of 5.1 Gb/s, marking…
Apollo Eyes Potential $5 Billion Investment in Intel
September 23, 2024 – According to Bloomberg, asset management company Apollo is considering a potential equity investment in Intel, with a maximum amount reaching 5billion.Thisinvestment,whichequatestoapproximately5.493.19 billion, reflects Apollo’s confidence in Intel’s strategic transformation plan. However, informed sources have indicated that Intel executives are still weighing Apollo’s proposal, and no final decision has been made. Not…
TSMC and Samsung Electronics Mull Large-Scale Wafer Fab Construction in UAE
September 23, 2024 – According to a report by the Wall Street Journal yesterday, both Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics have been exploring the possibility of building large-scale wafer fabs in the United Arab Emirates (UAE). The report indicates that the UAE is discussing an advanced semiconductor manufacturing complex, which could potentially…
Tesla’s Supercharger Network Expansion Hits a Snag, New Ports Down 28% YoY
September 23, 2024 – In recent months, the expansion of Tesla’s Supercharger network has experienced a slowdown. According to a report by IT Home in April this year, the company’s massive layoffs had depleted the team responsible for installing new electric vehicle charging stations. Despite Tesla’s efforts to rebuild the team, including rehiring some previously…
Gurman Reports: Revamped Siri with Apple Intelligence Could Launch in January
September 23, 2024 – According to the latest Power On newsletter from Bloomberg’s Mark Gurman, Siri, equipped with Apple Intelligence and undergoing a complete redesign, is expected to roll out earlier than anticipated. Although it might not be a comprehensive experience initially, some features could be introduced ahead of schedule. Gurman has shed light on…
OpenAI Dominates AI Landscape: New 50−70BillionFundingRoundtoBoostValuationBeyond150 Billion
September 21, 2024 – According to a blog post published by tech media outlet The Decoder on September 20th, OpenAI is on the verge of closing a massive funding round worth between 5billionand7 billion, potentially pushing the company’s valuation towards $150 billion. Reports indicate that OpenAI has set a minimum investment threshold of $250 million…
iPhone 16 Pro Drop Test Reveals Vulnerability Due to Narrower Bezels
September 21, 2024 – Sam Kohl, the host of the YouTube channel AppleTrack, conducted a drop test on the iPhone 16 Pro in Australia on September 20th and compared it to the iPhone 15 Pro. According to Kohl, one issue he noticed with the iPhone 16 Pro is its thin bezels. As a result, the…