Tech News
Never Lose Your Wallet Again: Global Launch of First Wallet with Apple’s ‘Find My’ Feature
July 24, 2024 – Accessory manufacturer ESR announced today the launch of a crowdfunding campaign for its latest product, the Geo Wallet. This wallet stands out due to its integration of Apple’s “Find My” feature, marking it as the world’s first wallet with a built-in tracker. Available in seven vibrant colors, the Geo Wallet is…
Alphabet Pumps $5 Billion into Waymo to Accelerate Self-Driving Car Technology
July 24, 2024 – Ruth Porat, the Chief Financial Officer of Alphabet, the parent company of Google, has announced a significant investment of $5 billion into its self-driving car venture, Waymo. This substantial infusion of funds, according to Porat, is aimed at bolstering Waymo’s position as a global leader in the field of autonomous vehicles….
CrowdStrike CEO to Face Congressional Inquiry Over Faulty Update That Disrupted Flights and Hospitals
July 24, 2024 – According to a report by The Washington Post, the CEO of CrowdStrike, George Kurtz, has been summoned to testify before the U.S. House Committee on Homeland Security due to a faulty update from the company that caused a massive blue screen of death (BSOD) on Windows PCs. This incident had a…
Apple TV+ Tightens Its Belt as Lavish Spending Model Fails to Deliver
July 23, 2024 – Apple TV+ Faces Strategic Shifts Amidst Costly Original Content Push In a recent report by Bloomberg, it has emerged that since its inception in 2019, Apple TV+ has poured over $20 billion into the production of original programming, yet the results have fallen short of expectations, prompting the tech giant to…
Sony Reportedly Discontinues 5.5TB Optical Disc Archive Solution: A Shift in Data Storage Strategies
July 23, 2024 – In a surprising turn of events, techradar has revealed that Sony is set to discontinue its highly acclaimed 5.5TB Optical Disc Archive Cartridges, marking the end of an era in long-term data storage solutions. Introduced in 2020, Sony’s third-generation optical archive system boasted an impressive 5.5TB capacity per cartridge, leveraging innovative…
Intel Halts Investment in French R&D Center and Puts Italian Factory Plans on Hold
July 23, 2024 – In a recent development, the technology giant Intel has reportedly shelved its chip investment plans in France and Italy, as revealed in an official statement obtained by POLITICO on the 4th of this month. This announcement aligns with the sentiments expressed by Italian Industry Minister Adolfo Urso back in March. According…
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…