

Apple Offers Nearly $100 Million to Unblock iPhone 16 Sales in Indonesia
November 19, 2024 – According to Bloomberg, Apple has proposed to invest nearly $100 million in Indonesia within two years, aiming to lift the country’s ban on the sale of new iPhone models. This proposed investment marks a significant increase of almost ten times compared to previous offers. Informed sources revealed that following Apple’s willingness…

BYD’s Dominance in NEV Sector Praised by Dongfeng Nissan Executive
November 18, 2024 – Gao Zhenghao, the Vice President of Dongfeng Nissan Automobile Sales Co., Ltd., recently expressed his admiration for BYD’s considerable strength in the new energy vehicle (NEV) sector. According to Zhenghao, despite the wide range of models available in the current NEV market, there still exists a significant gap in the specific…

Apple to Launch AirTag 2 with Enhanced Location Tracking in Mid-2025: Gurman
November 18, 2024 – It has been over three years since Apple introduced the AirTag in April 2021, and now, according to Bloomberg’s Mark Gurman, the company is gearing up to release a new version in mid-2025. In his latest Power On newsletter, Gurman revealed that Apple is developing a new AirTag, codenamed B589, which…

TEC Raises $160 Million for Reusable Spacecraft Development
November 18, 2024 – According to a report from CNBC, European space exploration company The Exploration Company (TEC) has announced the completion of a new round of funding, raising $160 million to further develop its reusable spacecraft designed to transport astronauts and cargo to space stations. The funding round was led by Balderton Capital and…

Apple Rumored to Be Exploring Options for a Proprietary Television, Says Gurman
November 18, 2024 – In today’s Power On live communication, Mark Gurman from Bloomberg claimed that Apple is currently evaluating the possibility of “manufacturing its own brand of television.” Rumors of an “Apple-branded television” had surfaced around 2009-2010, but no such product was ultimately released. The only television-like product Apple has ever produced was the…

Demand Soars: Tesla’s Optimus Robot Model Sells Out Quickly at $40
November 18, 2024 – Tesla has introduced a 1:10 scale model of its Optimus robot in its online store this week, which sold out in less than a day. Priced at $40, the miniature version of the robot has garnered significant attention from consumers. On Friday, Tesla unveiled the highly detailed Optimus robot model, featuring…

Coca-Cola Unveils First Fully AI-Generated Ad: A Nostalgic Tribute to 1995
November 16, 2024 – Gaming media outlet IGN reported today that Coca-Cola has unveiled its first fully AI-generated video advertisement, a 16-second clip inspired by the iconic “Holidays Are Coming” ad from 1995. However, the new ad has sparked significant controversy. The original “Holidays Are Coming” commercial, released by Coca-Cola in 1995, holds a special…

xAI Raises $6 Billion to Bolster AI Capabilities with 100,000 Nvidia GPUs
November 16, 2024 – According to a report published by CNBC yesterday (November 15th), Elon Musk’s AI venture, xAI, is gearing up to raise a fresh round of funding, targeting a valuation of 50billion.Thecompanyintendstoutilizethesefunds,amountingtoamaximumof6 billion, towards the procurement of 100,000 Nvidia GPUs. This significant investment is aimed at establishing the Memphis data center. Reports indicate…

Meta Launches Ray-Ban Smart Glasses Pop-Up in LA, Offering Stylish Tech at $299
November 16, 2024 – Meta has announced the opening of its first Ray-Ban Smart Glasses pop-up store in Los Angeles, USA. This store primarily sells the second-generation smart glasses jointly developed by Meta and Ray-Ban, with a starting price of $299. Positioning the smart glasses as a fashion product, Meta has designed them to resemble…

Apple Declares iPhone XS Max and 6s Plus as ‘Vintage’
November 16, 2024 – According to a report published by tech media outlet MacRumors on November 15th, Apple has recently classified certain older models of iPhone and Apple Watch as either “vintage” or “obsolete” products. Vintage Classification Apple has now designated the iPhone 6s Plus and iPhone XS Max as “vintage.” However, the smaller iPhone…