Restructuring expert appointed to oversea Northvolt's main facility in northern Sweden, amid financial worries
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CMA Halts Google Anthropic Investigation
British competition watchdog decides Alphabet's partnership with AI startup Anthropic does not qualify for investigation
US DoJ To Push Google To Sell Off Chrome Browser – Report
US Justice Department to ask Judge to force Google to sell off its Chrome browser, and also seeks rulings on AI and Android
Elon Musk To Be Summoned By MPs To Testify Over X’s Role In Riots
UK MPs will reportedly summon Elon Musk over X's role in summer riots, as well as executives from TikTok and Meta
Perplexity Adds Shopping Features To AI Search
Perplexity adds shopping features to generative AI-powered search as it faces more direct competition from OpenAI's ChatGPT
Battery Maker Northvolt Misses Production Targets
Northvolt has reportedly missed internal EV battery production targets since September, reduces production at main plant
Trump Plans Push For Federal Self-Driving Rules
Tesla shares jump after report says president-elect Donald Trump planning to make federal self-driving rules a government priority
Xiaomi Raises EV Delivery Goal Amidst Strong Demand
Smartphone and electronics maker Xiaomi now aims to deliver 130,000 electric vehicles this year after SU7 launch in March
China Chip Production Slows Ahead Of New US Sanctions
Chip production slows in China in October ahead of expected export controls, while annual EV production capacity surges past 10 million units
Northvolt Mulls US Bankruptcy Protection – Report
Troubled battery maker Northvolt reportedly considers Chapter 11 bankruptcy protection in the United States as possible option
VW, Rivian Launch Joint Venture, As Investment Rises To $5.8 Billion
Volkswagen and Rivian officially launch their joint venture, as German car giant ups investment to $5.8 billion, depending on certain milestones
AMD Axes 4 Percent Of Staff, Amid AI Chip Focus
Merry Christmas staff. AMD hands marching orders to 1,000 employees in the led up to the Christmas holiday period
Tesla Recalls 2,431 Cybertrucks Over Propulsion Issue
Recall number six in 2024 for Tesla Cybertruck, and this time the fault cannot be fixed with an over-the-air software update
Apple To Launch AI Wall ‘Tablet’ – Report
Smart home expansion? Apple reportedly developing an 'AI wall tablet' for smart home control, Siri, video calls
Waymo Opens Ride-Hailing Services In Los Angeles
End of road for taxi drivers? More people seeking transportation in Los Angeles can now summon a driverless Waymo robotaxi
Japan To Invest $65bn In Chip Industry
Japan announces $65bn in subsidies and other incentives to boost production of advanced chips and AI semiconductors amidst China sanctions
Amazon Developing Smart Glasses For Delivery Drivers
Amazon reportedly developing smart glasses to provide delivery drivers with step-by-step instructions for last mile of deliveries
Regulator Demands Answers Over Tesla FSD Social Media Posts
US regulator says Tesla's messaging on social media could lead drivers to believe 'Full Self-Driving' feature does not require oversight
US Takes Chip Equipment Makers To Task Over China Sales
US lawmakers write to biggest chip equpment makers in US, Japan, Netherlands asking for data on sales to Chinese firms, ahead of new sanctions
Nvidia Market Value Surges Above $3.6tn
Investor optimism following Donald Trump re-election win pushes Nvidia to record high, adds 30 percent to Tesla stock price
China’s SMIC Benefits From AI Chip Boom In Spite Of Sanctions
Chinese chip manufacturing giant SMIC says AI has helped boost revenues to record levels in spite of restrictions on advanced tech
Google Jarvis AI Extension Leaked On Chrome Store
Seemingly accidental leak reveals Google is developing Jarvis AI extension that can browse the web for the user
Amazon Mulls New Multi-Billion Dollar Investment In Anthropic – Report
Amazon is reportedly in talks to pump billions of dollars more into AI start-up Anthropic, but with one condition
More Layoffs For iRobot Staff After Abandoned Amazon Deal
After axing 31 percent of its workforce when it failed to be acquired by Amazon, iRobot terminates another 16 percent of remaining staff
UK Government Launch AI Safety Platform For Businesses
New AI assurance platform from UK government will help businesses ensure they can safely develop and deploy AI systems
Donald Trump Election Victory, And Implications For Tech Sector
Victory of Donald Trump in the US Presidential election and the potential implications for the tech industry
OpenAI In Talks With California Over For-Profit Shift
OpenAI reportedly begins early talks with California attorney general over complex transition from nonprofit to for-profit structure
Toyota-Backed Joby Flies ‘Air Taxi’ In Japan
Joby Aviation and Toyota Motor complete demonstration flight in Shizuoka as companies prepare to bring eVTOL into mass production
Nvidia Asked SK Hynix To Advance Next-Gen AI Memory Production
SK Hynix says Nvidia chief executive Jensen Huang asked if production of next-gen HBM4 memory could be advanced, amidst explosive AI demand
Is the Digital Transformation of Businesses Complete?
Digital transformation is an ongoing journey, requiring continuous adaptation, strong leadership, and skilled talent to stay competitive in a digital world.