U.S. Department of Energy Backs Rivian with $6.6 Billion Loan for EV Expansion
November 27, 2024 – Yesterday, local time in California, Rivian, the American pure electric vehicle company, announced that the U.S. Department of Energy has conditionally committed to providing a total loan of 6.6billionundertheATVM(AdvancedTechnologyVehiclesManufacturing)program.Thisloan,whichincludes6 billion in principal and $600 million in capitalized interest, is intended to support Rivian’s expansion plans. If finally approved, the loan will…
Apple’s Declining Interest in (PRODUCT) RED Revealed
November 27, 2024 – According to a report published by technology media outlet MacRumors on November 26th, Apple seems to be gradually “phasing out” its (PRODUCT) RED line of products, with no active plans to introduce new ones. A Brief on Apple’s (PRODUCT) RED Initiative Apple began participating in the (PRODUCT) RED program in 2006,…
Microsoft 365 Hits Major Outage, Disrupting Teams and Outlook Services
November 27, 2024 – Microsoft 365 services have experienced a widespread outage over the past 24 hours, disrupting multiple services including Outlook, Exchange, Teams, and SharePoint. According to data from Down Detector, there have been over 5,300 reports of related issues globally, with a significant concentration in cities like New York, Chicago, Los Angeles, and…
Warren Buffett to Leave Just 0.5% of His Wealth to His Three Children, Reveals Estate Plans
November 27, 2024 – In a letter addressed to shareholders of Berkshire Hathaway on the 25th of the month, 94-year-old Warren Buffett announced his decision to convert 1,600 Class A shares of the company into 2.4 million Class B shares. These newly acquired Class B shares will then be donated to four family charitable funds….
Amazon Aims for the Moon with Plan to Deploy 100,000 Custom AI Chips
November 26, 2024 – Amazon has embarked on a moonshot initiative to deploy 100,000 second-generation custom chips, aiming to enhance data processing efficiency and trim down AI chip procurement costs, Bloomberg reported on November 25th. Citing informed sources, the news outlet revealed that Amazon has established an engineering lab in Austin, Texas, USA, and assembled…
Apple’s iPhone 17 Pro Series to Embrace Major Design Shift with Aluminum Body
November 26, 2024 – According to Wayne Ma from The Information, Apple’s upcoming iPhone 17 Pro and iPhone 17 Pro Max are set to undergo “significant design changes.” For the first time since the iPhone lineup was divided into Pro and non-Pro models, these two flagship devices will feature an aluminum frame in the Pro…
Musk Surprised: California EV Subsidies to Exclude Tesla
November 26, 2024 – On Monday, California Governor Gavin Newsom declared that if President Trump decides to abolish the federal tax credit for electric vehicles (EVs) upon taking office, the state of California will introduce a separate rebate program for EV buyers. However, he also mentioned that the current proposal excludes Tesla’s popular models, and…
Apple Rumored to Eliminate SIM Card Slot from iPhone 17 in Expanded Global Rollout
November 26, 2024 – According to a report by The Information today, Apple is planning to remove the physical SIM card slot from iPhones in more countries and regions next year, although no specific nations were mentioned. It is alleged that the current prototypes of the “iPhone 17 Air” do not feature a SIM card…
Samsung in Talks with OpenAI to Integrate ChatGPT into Galaxy AI
November 26, 2024 – According to financial analyst Dan Nystedt on platform X, OpenAI is currently engaged in discussions with Samsung Electronics regarding a potential collaboration. The talks center around the possibility of integrating OpenAI’s ChatGPT into Samsung’s Galaxy AI, mirroring a similar partnership already established between Apple and OpenAI. Such a move, if realized,…
Apple’s AirTag 2 to Stick With Button Cell Battery, Says Gurman
November 25, 2024 – According to Bloomberg journalist Mark Gurman’s “Power On” newsletter today, Apple’s upcoming AirTag 2 will continue to utilize a button cell battery rather than a rechargeable one. Gurman mentioned last week that Apple is currently developing a new AirTag, codenamed B589, which has progressed to mass production testing. The tech giant…