-
Trump's Return to the White House Could Cause a "Shock" to the US Electric Vehicle Industry
Trump's Return to the White House Could Cause a "Shock" to the US Electric Vehicle IndustryThe US electric vehicle industry could face a turbulent period after former President Donald Trump defeated incumbent Vice President Kamala Harris in the presidential election. Trump's Republican Party has historically been critical of electric vehicles, arguing they are a forced choice for consumers...
Industry dynamics 2024-11-07 08:20:37 -
New Scientific Discoveries: How Future Technologies from Weight-Loss Drugs to Genome Sequencing Will Transform the World?
New Scientific Discoveries: How Future Technologies from Weight-Loss Drugs to Genome Sequencing Will Transform the World?Wednesday, November 6, news reports on prominent science websites revealed the far-reaching impact of technological advancements on the world. From health and the environment to energy, these reports foreshadow transformative changes on the horizon...
Industry dynamics 2024-11-06 15:23:22 -
AI search engine PerplexityAI raises $500 million, valuation reaches $9 billion
AI search engine PerplexityAI raises $500 million, valuation reaches $9 billionPerplexityAI, an AI-powered search engine startup, is raising $500 million in funding, currently in its final stages, valuing the company at $9 billion. The funding will help PerplexityAI compete more effectively against giants like Google and OpenAI...
Industry dynamics 2024-11-06 15:17:57 -
Tesla abandons $25,000 electric car plan, pivots to robotaxis
Tesla abandons $25,000 electric car plan, pivots to robotaxisOn November 6, 2023, Reuters reported that Tesla, the American electric car manufacturer, had abandoned plans to launch a new generation of electric vehicles priced at $25,000, a long-standing promise. The news sent Tesla shares plummeting...
Industry dynamics 2024-11-06 15:04:11 -
Apple Faces EU Fines for App Store Violations, First Penalty Under Digital Antitrust Law
Apple Faces EU Fines for App Store Violations, First Penalty Under Digital Antitrust LawOn November 6th, the European Union (EU) levied its first fine under the Digital Markets Act (DMA), a new digital antitrust law targeting large tech companies, against Apple for violating its provisions. This marks an escalation in the ongoing dispute between Apple and regulators over the companys dominance in the app store...
Industry dynamics 2024-11-06 14:57:05 -
OpenAI CEO Sam Altman: Hiring Based on Ability, Not Age
OpenAI CEO Sam Altman: Hiring Based on Ability, Not AgeSam Altman, the CEO of American artificial intelligence startup OpenAI, recently stated that his hiring strategy prioritizes talent over age. In an episode of the "The TwentyMinuteVC" podcast hosted by prominent blogger Harry Stebbings, Altman emphasized that companies should hire both young and inexperienced talent, as well as experienced individuals over 30...
Industry dynamics 2024-11-05 12:04:18 -
OpenAI's ChatGPT Search: Promising Future, Not Yet a Google Killer
OpenAI's ChatGPT Search: Promising Future, Not Yet a Google KillerOpenAI last week officially launched its highly anticipated search product, ChatGPT Search, posing a direct challenge to Google. This moment was anticipated by the industry, prompting Google to integrate AI-generated answers into its core products earlier this year...
Industry dynamics 2024-11-05 12:03:54 -
Can Apple's Mac mini Spark a Gaming Revolution?
Can Apple's Mac mini Spark a Gaming Revolution?Despite Apple's immense success in the tech world, the company has never truly found its footing in the gaming console or PC gaming space. From the Pippin in the 90s to the Apple TV today, Apple has made several attempts to crack the gaming market, but with little success...
Industry dynamics 2024-11-04 15:26:16 -
OpenAI Admits GPT-5 Won't Launch This Year, Focuses on Developing Existing AI Models
OpenAI Admits GPT-5 Won't Launch This Year, Focuses on Developing Existing AI Models OpenAI CEO Sam Altman revealed in a Reddit AMA on Thursday that the company's highly anticipated next-generation large language model, GPT-5, will not be released this year. Altman stated that OpenAI is currently prioritizing the development of existing models, focusing on their reasoning and problem-solving capabilities...
Industry dynamics 2024-11-01 08:23:54 -
Amazon Q3 Earnings: Revenue and Profits Surpass Expectations, Cloud Computing and Advertising Drive Growth
Amazon Q3 Earnings: Revenue and Profits Surpass Expectations, Cloud Computing and Advertising Drive GrowthOn Thursday, US retail giant Amazon released its earnings report for the third quarter of 2024, ending September 30th. The report showed that Amazon's Q3 revenue reached $158...
Industry dynamics 2024-11-01 08:15:55 -
Apple's Q4 Revenue Beats Estimates, But Shares Fall: AI Strategy Key
Apple's Q4 Revenue Beats Estimates, But Shares Fall: AI Strategy KeyNovember 1, 2023 Apple on Thursday after the market closed reported fiscal fourth-quarter earnings that beat analysts' expectations, but its shares fell about 2% in after-hours trading. The company reported revenue of $94...
Industry dynamics 2024-11-01 07:56:43 -
Tesla's Self-Driving Taxis Unlikely to Launch Next Year: Zoox Co-founder
Tesla's Self-Driving Taxis Unlikely to Launch Next Year: Zoox Co-founder Despite Tesla CEO Elon Musk's recent claims of launching a self-driving taxi service next year, Jesse Levinson, co-founder and CTO of Amazon-owned self-driving car company Zoox, believes it's unlikely to happen in California or anywhere else. "The major issue is they lack reliable technology," Levinson said on Wednesday at the TechCrunch Disrupt 2024 conference...
Industry dynamics 2024-10-31 14:06:03
