Apple Dominates Chinese Software Market But Found Not to Have Abused Its Position, Court Rules
May 30, 2024 – On May 29th, the Shanghai Intellectual Property Court announced the verdict of the first-instance trial in China’s first consumer lawsuit against Apple for monopoly practices. The court acknowledged Apple’s dominant position in the Chinese software market but rejected the plaintiff, Mr. Jin’s, claim that the tech giant had abused this position….
Neuralink Launches Implant Study, Seeking Three Patients for Groundbreaking Research
May 29, 2024 – According to the clinical trial database of the US government, Elon Musk’s brain-computer interface company, Neuralink, plans to recruit three patients for a multi-year study to evaluate the performance of its brain-computer implant devices. Previously, Reuters reported that Neuralink had planned to enroll 10 patients when applying for regulatory approval from…
Tesla Sales Slide Again in March as U.S. EV Market Grows by 3.8%
May 29, 2024 – The competition in the U.S. electric vehicle (EV) market is heating up, as evidenced by the recent decline in new car registrations for Tesla, the longtime market leader. According to the latest data from S&P Global Mobility, despite a slight overall growth of 3.8% in EV sales in the U.S. in…
BMW Plans Limited Run of 20-25 Skytop Concept Cars
May 29, 2024 – Adrian van Hooydonk, the Design Director of BMW Group, recently hinted at the possible limited production of the newly unveiled concept car, Skytop, at the just-concluded Concorso d’Eleganza Villa d’Este in Italy. According to Hooydonk, the company might manufacture between 20 to 25 units of the Skytop by 2026, depending on…
BYD Unveils Revolutionary DM Technology: 2.9L Fuel Consumption and 2100km Endurance
May 29, 2024 – At a recent event, BYD unveiled its fifth-generation DM technology alongside the launch of the Qin L DM-i and Haibao 06 DM-i models. The company officially announced this latest DM technology, boldly claiming that it would “usher in the era of 2L fuel consumption.” According to BYD, the fifth-generation DM technology…
NVIDIA’s Market Cap Hits 2.81Trillion,Just100 Billion Behind Apple
May 29, 2024 – NVIDIA, a leading company in the artificial intelligence industry, has once again delivered an impressive financial report, causing its share price to soar past the $1000 mark. The stock closed at 1140.59pershareyesterday,withagainof7.132.81 trillion. This puts the company just about 100billionshyofApple’s2.91 trillion market cap. It’s worth noting that along with the release…
Faraday Future Faces Uncertainty: Delivered Only 4 FF 91 Futurist Cars Last Year
May 29, 2024 – Faraday Future (FF), the electric vehicle startup, has recently disclosed its financial results for the fourth quarter and full year ended December 31, 2023. The report reveals that the company generated a meager revenue of 800,000fortheentireyear,whileincurringsalescostsof43 million. Interestingly, the report states that there was no revenue or sales cost in 2022,…
OpenAI Forms Safety Committee and Kicks Off Advanced Model Training
May 29, 2024 – OpenAI has recently announced the formation of a Safety and Security Committee within its board of directors. This committee is tasked with advising on crucial safety and security decisions related to OpenAI’s projects and operations. The immediate priority for the committee is to evaluate and enhance OpenAI’s development processes and safeguards…
Google CEO Hints at AI’s Future: The Illusion of Consciousness
May 28, 2024 – In a recent interview with YouTube tech creator Hayls World, Google CEO Sundar Pichai discussed various aspects of the ongoing AI revolution and unveiled Google’s vision for artificial intelligence. Echoing Elon Musk’s sentiment that AI could make many jobs “redundant”, Pichai also emphasized the pervasive impact of AI in the near…
The Boring Company Hits Major Milestone: 2 Million Riders and Beyond
May 27, 2024 – Elon Musk’s tunneling venture, The Boring Company, has recently achieved a significant milestone as its first underground loop in Las Vegas surpassed 2 million riders. This remarkable feat comes just one year after the company announced it had transported 1 million passengers, indicating a doubling of ridership in a short span…