Panasonic Delays Commercial Production of 4680 Battery Cells for Tesla

May 11, 2023 – Amidst the ever-evolving landscape of Tesla’s endeavors, Panasonic, a key supplier for the electric vehicle manufacturer, has announced a significant delay in the commercial production of the highly anticipated 4680 battery cells. The company now plans to commence production between April and September 2024, a departure from their previous schedule. This…

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Thai Electric Car Market Faces Challenges: Manufacturers Mull Over Dropping Government Subsidies

December 8, 2024 – According to a report in the Bangkok Post today, the Electric Vehicle Association of Thailand (EVAT) has revealed that due to the continued downturn in the automotive industry, many electric vehicle manufacturers are considering withdrawing from the government’s electric vehicle incentive program and adjusting their production plans accordingly. Companies participating in…

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Microsoft’s $120 Million Decision: Overwatch League Disbandment Vote

November 06, 2023 – According to a report by Jacob Wolf from ESPN, Activision Blizzard is preparing to enter into a contract with Saudi Arabia’s ESL FACEIT group to oversee the operation of the 2024 season of “Overwatch,” effectively dissolving the current “Overwatch League.” In October, Activision Blizzard initiated discussions with the owners of the…

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Global Workforce Impacted: Unity to Slash 3.8% of Jobs in Cost-Cutting Measure

November 29, 2023 – Unity Corporation, having faced severe criticism from developers for its recently announced pricing system, witnessed a significant decline in engine installations. The backlash resulted in the departure of the company’s CEO. Despite the subsequent release of Unity 6 engine, the company continued to grapple with a downturn in its performance. According…

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Musk’s xAI Amasses $10B, Sets Sights on Creating the World’s Most Powerful AI

July 2, 2025 – According to a CNBC post on July 1, Elon Musk has secured a whopping 10billiontofuelhisAIambitionsandintensifythecompetitionwithOpenAI.Thisfundingcomesintheformofa5 billion debt and $5 billion equity combination. Morgan Stanley revealed on the same day that xAI, the AI company led by Musk, has raised a total of 10billionthroughamixofdebtandequity.Specifically,5 billion was obtained via secured notes and term…

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