TikTok and ByteDance Sued for Unauthorized Collection of Children’s Data
August 03, 2024 – On Friday local time, the U.S. Justice Department filed a lawsuit against TikTok and its parent company, ByteDance, alleging failures to protect children’s privacy on the social media platform, according to Bloomberg. The U.S. government claimed that TikTok violated the Children’s Online Privacy Protection Act, which requires parental consent before collecting…
Tesla’s ‘Made in India’ Journey Begins: Factory Site Selection in Progress
February 19, 2025 – Tesla is making steady progress in its plans to enter the Indian market, according to sources cited by the Economic Times of India. Following the recruitment of talent in the country, the electric vehicle giant has now begun searching for suitable land. Maharashtra is emerging as the top contender for Tesla’s…
Mark Zuckerberg and Sam Altman Stand United in Favor of AI Regulation
June 25, 2023 – In a recent development, industry leaders Mark Zuckerberg, the CEO of Meta, and Sam Altman, the CEO of OpenAI, have expressed their support for the proposed artificial intelligence (AI) technology regulatory framework put forth by Thierry Breton, the European Commissioner for the Internal Market. During a conference, Zuckerberg and Breton reached…
Near Data Centers, 3.7 Million Americans Face Power Quality Decline
December 29, 2024 – According to a special report released by Bloomberg, monitoring data from approximately one million residential power quality sensors across the United States indicates a decline in power quality in areas near large data centers. The report highlights that the most significant power quality degradation typically occurs within a 50-mile radius of…
Amazon CEO Predicts Lower AI Costs Thanks to DeepSeek and Similar Models
February 7, 2025 – In a recent conference call with analysts, Amazon CEO Andy Jassy shared his predictions for the future of artificial intelligence, specifically pointing to a significant drop in the cost of AI inference. This reduction, he believes, will pave the way for businesses to more easily integrate other applications with reasoning and…
Tesla’s Secretive Test Vehicle Emerges—Is the Budget-Friendly Car Ready for Trials?
May 14 2025 – Tesla has remained tight-lipped about its “more affordable vehicle” slated for production in the first half of 2025. However, recent aerial footage captured by long-time observers of the Giga Texas factory in the Lone Star State has revealed a mysterious test vehicle on the premises. Joe Tegtmeyer, a drone operator who…
Nissan Eyes Sale of Yokohama HQ to Ease Financial Strains Amid Losses
May 24 2025 – Nissan Motor Co. is exploring the sale of its headquarters building in Yokohama as part of a broader financial restructuring strategy aimed at offsetting costs linked to its global operational overhaul, Nikkei reported. The automaker, which relocated its global base from Tokyo to the facility near Yokohama Station in 2009, plans…
Unleashing Innovation: The Revolutionary 3nm A17 Processor in iPhone 15 Pro Max
June 02, 2023 – Rumored Specifications Surface for iPhone 15 Pro Max As the release date for the iPhone 15 Pro Max approaches, speculations about its core features have started to emerge. Apple enthusiasts are buzzing with anticipation as details of the upcoming flagship device begin to unfold. According to the latest leaks, the iPhone…
Nissan and Honda Poised to Reveal New Chapter in Their Partnership Following Stalled Merger Talks
February 13, 2025 – Nissan and Honda are expected to announce the next phase of their complex relationship today, with Reuters reporting that the two automakers may formally abandon their merger plans due to unsuccessful negotiations. Both companies, which are also set to release their quarterly financial reports, have been impacted by the rapid rise…
Volvo Unveils $1.9B Cost-Cutting Drive, Shares Slide Nearly 10%
April 30, 2025 – Volvo Cars unveiled a significant cost-reduction initiative on Tuesday, local time, targeting an estimated $1.87 billion in savings, while simultaneously retracting its financial outlook for the upcoming years amid a sharp decline in first-quarter operating profits. The Swedish automaker’s latest financial report revealed a substantial drop in operating profit, plummeting to…