Investors and politicians believe that an all electric car future will reduce carbon dioxide emissions, but it's not clear what the situation is before an electric car is delivered. The problem is that the process of manufacturing and processing of batteries is hidden in the production process. This is because of the complexity and uncertainties of the process.
Apple is expected to announce new iPhone models next month. But iPhone production tends to be a leaky business, and analysts who monitor Apple’s sales and supply chain have speculated that Apple might steer clear of the number due to superstition. However, Apple hasn’t shied away from naming software iOS 13 or selling a 13-inch MacBook.
PayPal is launching its cryptocurrency service in the U.K. starting this week, marking the first international expansion of PayPal’s crypto product which first launched in October last year. Users can also track crypto prices in real-time, and find educational content on the market.
Google is moving on with its Assistant driving mode, which is now available for car screens. This will allow you to access Google Maps, music apps, and data without needing to use your phone. However, this will not be available on phones running Android 12, which will be available for the time being.
Microsoft announced on Thursday that it will raise the prices of commercial subscriptions to its Microsoft 365 bundles of productivity apps such as Word and Excel. The price hikes will boost Microsoft’s total revenue and profit, given the Office line remains the company’’ top product in terms of sales, and most Office revenue is tied to business use.
Tesla CEO Elon Musk announced the company would be branching out into humanoid robots during the company's AI event. The robot will be capable of dead-lifting 150 pounds and carrying about 45 pounds, with the bot having a screen where its face should be that will present information.
United Wholesale Mortgage announced plans this week to accept cryptocurrency for home loans, in what is being billed as a first for the national mortgage industry. The push into decentralized digital money comes at a time of heightened scrutiny of crypto from all sides in the U.S. and is unclear whether UWM will hold the cryptocurrency it accepts or convert it to fiat at the point of transaction.
Amazon.com plans to open several large physical retail locations in the U.S. that will operate akin to department stores, marking a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted. The new retail spaces will be around 30,000 square feet, smaller than most department stores.
Facebook Inc said the U.S. Federal Trade Commission’s refiled antitrust case against the company was “meritless” in a statement on Thursday, saying the claims were an effort to rewrite antitrust laws and upend settled expectations of merger review.
In 2011, rumors of Apple working on a so-called iPhone nano, a new iPhone that would be smaller and cheaper than the top-of-the-line model at the time, the iPhone 4. While Apple never did release that super-small phone, a Steve Jobs email confirms the company was indeed working on an iPhone nano at one point in time.
A new report by Reuters claims that Intel is pursuing a $30 billion acquisition of chip fab operation GlobalFoundries, which may be worth $25 billion. The report claims that the chip company is working with Morgan Stanley, JPMorgan Chase, Citigroup, and Credit Suisse Group AG on the IPO preparations.