Tech News
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…
Micron Faces HBM3E Memory Packaging Defect, Disrupting Supplies to NVIDIA’s H200
July 13, 2024 – According to a report by ZDNet Korea, Micron’s HBM3E memory encountered a packaging defect last month, causing heating issues and disrupting the mass production process. Micron announced the mass production of its HBM3E memory based on the 1β process on February 26, 2024, and began supplying NVIDIA with the memory in…
AT&T Hack Exposes Phone and Text Records of Numerous Users
July 13, 2024 – AT&T disclosed on Friday that hackers had breached a third-party cloud platform, compromising a significant amount of customer data. The stolen information encompassed phone numbers of cellular and landline customers, along with their call and text records spanning a six-month period from May 1, 2022, to October 31, 2022. Additionally, the…
Apple Agrees to EU Terms: NFC Access for Third-Party Mobile Wallets
July 12, 2024 – In a landmark decision, the European Union Commission has announced its acceptance of Apple’s commitments regarding contactless payment technology, formally binding the pledges under EU antitrust regulations. The move follows allegations that Apple’s exclusivity in granting NFC (Near Field Communication) access on iOS devices to Apple Pay alone, denied to third-party…
Intel Set to Launch Arrow Lake-S Desktop Processors in Early-Mid October
July 12, 2024 – Intel is poised to disrupt the desktop processor market with the impending release of its “Arrow Lake-S” Core Ultra 200 series, scheduled for the first half of October this year, according to reliable sources cited by Taiwanese tech outlet BenchLife.info. Strategically timed to avoid the peak holiday season in China during…
DJI Drone Ban Omitted from Senate NDAA Version, Yet Uncertainty Looms
July 12, 2024 – The Senate Armed Services Committee has released its version of the Fiscal Year 2025 National Defense Authorization Act (NDAA), and notably, it does not contain a provision to ban new DJI drones from entering the U.S. market, as reported by DroneDJ. This is in contrast to the House of Representatives’ version…
Musk’s Neuralink to Perform Second Human Implant Surgery This Week
July 11, 2024 – In a live stream on 𝕏, Elon Musk and the Neuralink team held an “update conference”, addressing inquiries from the online audience. Musk announced that Neuralink intends to implant its device into a second human patient within approximately one week and aims to have its brain-computer interface (BCI) chips implanted in…
Microsoft Spends Hundreds of Millions on Carbon Credits to Offset AI’s Environmental Impact
July 11, 2024 – In a significant move to support its overall carbon strategy, Microsoft has recently signed a contract with Occidental Petroleum, agreeing to purchase 500,000 tons of carbon dioxide removal (CDR) “credits” over the next six years. The tech giant has been aggressively expanding its data centers to fuel the growth of the…
Dyson to Cut Nearly One-Third of UK Workforce, Affecting Around 1,000 Jobs
July 10, 2024 – Dyson, the iconic British technology giant, has unveiled plans to reduce its workforce in the United Kingdom by approximately 1,000 employees, constituting roughly a third of its domestic staff count, as part of a broader restructuring strategy, according to a report by the Financial Times. In a confidential communication on Tuesday,…
Samsung Electronics Faces Indefinite Strike as Union Demands Pay Rise and Better Benefits
July 10, 2024 – In a decisive move, the largest labor union at Samsung Electronics, the Korean National Union of Samsung Electronics Workers (KNUSEW), has announced an indefinite strike action, citing the company’s management’s reluctance to engage in meaningful dialogue. The announcement comes as a culmination of ongoing tensions between the union and the tech…