Cancel culture comes for EVs: The Wyoming state senate’s EV ban proposal targets other states’ gas vehicle bans. It’s a political antic that puts a spotlight on challenges for the EV industry.
Steep discounts for new Teslas: New buyers in the US and Europe can benefit from discounted EVs, but the fallout from existing customers could further erode the company’s reputation.
Startups put OpenAI’s Microsoft advantage to the test: OpenAI is becoming one of the US' most valuable startups over its sensational generative AI. Leadership in the space requires skillful monetization.
Airbus demonstrates planes that land themselves: Autonomous flight systems like Airbus’ DragonFly can serve as assistive technology, helping pilots and crews in the short term as wider adoption paves the way to fully autonomous flight.
‘T2’ is part of a growing trend to topple Twitter: Platforms are racing to replace Twitter’s status as digital town square. A carbon copy of the site isn’t a prerequisite.
Google’s new shelf-checking inventory aims to fill a clear need: However, it will likely be a few years before it is ready for prime time. (This article was written with the assistance of GPT-3.)
Apple’s intensifying in-house push: It already designs its own processors, and now it looks like Apple is moving to make its own Wi-Fi and 5G radios, displays, and touchscreens, reducing reliance on suppliers.
Another brutal week for tech: Companies from a broad range of tech sub-sectors announced layoffs this week. With the Fed gearing up for another rate hike, brace for industry pain.
TSMC’s strategic expansion: The world’s largest contract chip manufacturer is eyeing expansion into Japan and Europe, a move that could prove useful in any future conflict with China.
The best-laid plans of game publishers could go awry: The gaming industry has big title releases planned at high prices this year. Inflation makes the timing questionable and the quality mandatory.
President Biden urges regulators to move fast on Big Tech reforms: He called for a ban on targeting ads to minors and reforms to the controversial Section 230.
US consumers spent $497 billion on tech last year, according to the Consumer Technology Association. That’s a $15 billion drop from 2021. This year, spending will decline again, by $12 billion.
Apple’s next move: The company lost $1 trillion in a year, saw China’s COVID-19 shutdowns diminish Q4 iPhone sales, and is now wrestling with shrinking demand for multiple products as consumers brace for a recession.
Unprecedented airline outage: A computer outage canceled hundreds and delayed thousands of US flights, exposing the high cost of reliance on outdated technology and overburdened networks.
Alphabet wants to lead the climate battle: Google is leveraging its moonshots lab to tackle climate change at the expense of other research as revenue shortcomings call for new strategies.
ChatGPT ready to give Microsoft its ROI before it even invests: OpenAI shifts its monetization plan into high gear. But how much will people pay for a flawed service?
Microsoft hitches its AI wagon to OpenAI’s ChatGPT: Investing $10 billion will give Microsoft 75% of OpenAI’s profits and priority access to innovation it can fold into web search and software solutions.
Tesla price discounts in China backfire: The EV maker offered discounts on new models to counter rising competition, but existing Tesla owners in China are furious and demanding rebates.
‘Feels like the early launch of the internet’: Venture capitalists can’t contain their excitement about generative AI, which bodes well for startups in 2023. Meanwhile, the downturn protects against overvaluation.
VR’s golden age is coming, but not in 2023: Apple’s headset could hit the market this year, but with fierce competition in a down economy, it won’t move the revenue needle.