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Technology
Musk wants to increase Tesla’s stake in the company for it to become a leader in AI
Elon Musk wants more control over Tesla, as it pushes the company into advanced technologies beyond car manufacturing.
In a tweet on his platform Twitter/X he wrote, "I'm uncomfortable growing Tesla into a leader in AI and robotics…
Podcasts on Audioboom are affected by the poison Apple update
Apple's software update last year lowered the volume on Audioboom, and the podcast platform revealed yesterday the impact of this change.
The London-listed company announced in a trading update that it had generated revenue of $19.2…
The Covid jab’s creators plot their next miracle
Like many married couples, Ugur Sahin and Ozlem Tureci work best as a double-act. Just as the duo were explaining how the German pharmaceutical company they founded, BioNTech, won the race to develop the Covid vaccine, Sahin leapt to his…
The tech float cavalry is set to boost London’s stock market
At least three tech companies are looking to float on the London stock exchange.
All three companies, including the computer designer Raspberry Pi and Quantum, a tech and cybersecurity company, as well as ClickASnap - a platform based in…
Moscow imports one third of the battlefield technology from Western companies
Last year, Russia purchased at least one third of its critical battlefield components abroad from US-based companies and their allies. This was largely due to the fact that production facilities were outsourced to states with weaker export…
Apple’s biggest crisis since the iPod saved it
Investors become more nervous as the share price of a company drops and sales drop
Tim Cook didn't hold back. In a 2018 email to finance executives, he ordered his lieutenants that they should improve the sales of Apple's new iPhones.…
China targets Taiwan’s chip industry as a’sacred resource’ in pivotal elections
In a year when American, Indian and British citizens will go to the polls, elections in Taiwan, the democratic island off the coast of China, may not attract too much attention.
But when voters in Taiwan choose their new president next…
Apple does not win a reprieve from the US Watch ban
Apple is banned from selling Watch Series 9 and Watch Ultra 2 to the US market after the administration of President Joe Biden refused to grant an exemption from the decision by a trade tribunal that Apple had violated a patent owned by…
What is the stock market story for 2023? What is the future of US technology?
The FAANGs were once the five biggest US tech stocks dominating the investment landscape. These included Facebook (now Meta), Amazon (now Alphabet), Apple (now Netflix), and Google (now Alphabet). This picture is no longer relevant.…
Spotify will cut nearly a fifth off its staff as part of an efficiency drive
Spotify is cutting around 20% of its staff because the economy has slowed down, and they need to save money in order to make consistent profits.
CEO Daniel Ek announced on Monday that Spotify will be reducing its global workforce by…
IBM claims quantum computing research milestone
IBM researchers say quantum computing is beginning to live up to its promise as an important scientific research tool. The US tech group wants to dispel fears that this technology won't meet the high expectations for it.
Dario Gil…
Sam Altman and OpenAI Board Open Talks to Talk About Possible Return After Ouster
According to sources with knowledge of this matter, Sam Altman and members of the OpenAI Board, as well as the interim CEO of the company, have begun negotiations in order to reinstate the ousted CEO of the artificial intelligence startup…
US and UK Push pledge to triple nuclear power by 2050
At the COP28 summit, the US will be leading a push to triple installed nuclear power capacities globally by 2050. This is a significant turn-around for this controversial technology in the climate negotiations.
According to a document, the…
Nexperia sells Newport Wafer Fab for $177mn to US chip company
Vishay Intertechnology, a US-based chip company, has agreed to purchase Newport Wafer Fab from Chinese-owned Nexperia for $177mn. This agreement puts an end to years of uncertainty regarding the fate of the UK's largest chip manufacturer.…
Apple Sales Fall for Fourth Quarter Straight Amid China Sloweddown
Apple Inc. warned that the revenue for the holiday quarter would be similar to last year. This means that investors will not see the growth they had hoped for.
Luca Maestri, Apple's Chief Financial Officer, said that while iPhone revenue…
Velocys, a green jet fuel company, receives a funding boost
After it announced that a funding round was not going ahead, shares in a "carbon negative" jet fuel manufacturer which has received tens and millions of pounds worth of grants from the government collapsed by over two thirds.
Velocys, a…
Apple loses bid to shut down UK iPhone class action lawsuit
Apple Inc. lost its bid to dismiss the London class-action lawsuit accusing it of misleading iPhone customers about a controversial power management feature.
According to a decision made on Wednesday, the Competition Appeal Tribunal (the…
Land Rover Electric Defender to be Made in Slovakia
Jaguar Land Rover is building an electric version off-road Defender in Slovakia, as part of the company's commitment to manufacturing the British vehicle outside its own country.
JLR has not revealed any details about its electric plans,…