Tech News
Porsche Eyes Minority Stake in VARTA to Bolster V4Drive Investment
July 22, 2024 – According to a report by the Frankfurter Allgemeine Zeitung (FAZ), Porsche is considering acquiring a minority stake in VARTA, aiming to protect its potential investment in the struggling battery manufacturer’s large lithium-ion battery business. It’s worth noting that VARTA announced on the 4th of this month that it was in negotiations…
CrowdStrike Launches Remediation Hub Following Global Blue Screen Incident
July 22, 2024 – Following the incident that caused blue screens of death on 8.5 million computers worldwide due to a faulty Windows update, security company CrowdStrike has launched a new “Remediation and Guidance Hub.” This hub serves as a comprehensive resource for information related to the erroneous update. The hub’s webpage details the cause…
Tesla Megapack to Power France’s Largest Energy Storage Project, Supplying Electricity to Over 170,000 Households
July 22, 2024 – Tesla’s energy storage solution, the Megapack, is set to power France’s largest battery storage system. The project, which commenced construction last week, marks a significant milestone in the transition towards renewable energy. Harmony Energy, a UK-based energy storage company, announced on Thursday the launch of their Cheviré 100 MW / 200…
Boeing Aims to Boost 737 MAX Production in Latter Half, Targets 38 Units per Month by Year-End
July 22, 2024 – Boeing’s Chief Operating Officer, Stephanie Pope, has announced that the company expects to increase production of its 737 MAX aircraft in the latter half of this year. This comes after a series of incidents that have highlighted potential quality and safety issues with Boeing aircraft. Previously, a cockpit panel from a…
Sudden Exit of Intel’s Esteemed Female Executive After Over Two Decades of Service
July 20, 2024 – In a significant move within the tech industry, Lisa Spelman, a seasoned executive who has dedicated over two decades of her career to Intel, will step down from her role on August 15th to embark on a new journey as the Chief Executive Officer of Cornelis Networks, a high-performance computing connectivity…
Google Partners with EssilorLuxottica to Develop Smart Glasses with Gemini AI
July 20, 2024 – Reports from technology news outlet The Verge indicate that Google has reached out to EssilorLuxottica, the company behind the popular Ray-Ban brand, to discuss a potential partnership for the production of Gemini smart glasses. EssilorLuxottica, an Italian-French vertically integrated multinational corporation headquartered in Paris, was formed through the merger of Luxottica…
Google to End Support for goo.gl Short Links in 2025
July 19, 2024 – Google announced in a press release yesterday (July 18) that it will discontinue its URL shortening service goo.gl on August 25, 2025. After this date, attempts to access shortened links will receive a 404 response. The tech giant introduced the URL Shortener service in 2009, enabling users to easily share web…
Yandex Co-Founder Launches European AI Venture with 1,300 Staff
July 19, 2024 – According to a report by the Financial Times on the 17th, Arkady Volozh, the co-founder of Russian technology giant Yandex, is launching a new AI company in Europe, primarily composed of former Yandex employees. Volozh will helm this new venture, named Nebius, which focuses on AI infrastructure. Currently, Nebius boasts approximately…
Apple in Talks to Boost Apple TV+ Library with More Movie Rights Acquisitions
July 19, 2024 – According to Bloomberg, Apple is actively engaged in negotiations to acquire more film rights from various Hollywood movie studios, aiming to expand the content library of its streaming platform, Apple TV+. Sources familiar with the matter revealed that while Apple has traditionally focused on producing original content for its streaming service,…
ByteDance Loses Battle: EU Court Designates It as a ‘Gatekeeper’ in Tech Landscape
July 18, 2024 – In a landmark decision, the Court of Justice of the European Union (CJEU) upheld the European Commission’s classification of ByteDance as a “gatekeeper” under the Digital Markets Act (DMA), dismissing the company’s appeal against the ruling. This victory for the EU’s antitrust watchdog underscores its commitment to reigning in the power…