Tesla has implemented a stringent resale policy, banning buyers from selling their Cybertrucks within the first year without explicit authorization. Termed the "Cybertruck Only" clause, Tesla's updated sales agreement warns of a hefty $50,000 fine or the resale value, whichever is greater, for violators. Tesla's revamped car ordering agreement allows the company to seek an injunction preventing the transfer of…
SpaceX's Starlink has reached a significant breakeven point just four years after launching its first satellites in May 2019, according to Forbes. The transformative project, which promises global internet coverage through a vast constellation of satellites, has now catapulted beyond the realm of ambition to tangible success. As of the latest reports, Starlink boasts an impressive fleet of over 5,000…
Bitcoin has emerged as the star of October 2023, recording an astounding 28.5% increase in its value. This month's rally ranks as the second most substantial monthly gain for Bitcoin this year, and it now stands as the fifth-best October in the history of this premier cryptocurrency. The cryptocurrency market, while known for its volatility, has been experiencing a series…
Uber has joined forces with Waymo to provide passengers with autonomous robotaxi rides in Phoenix. This marks a significant milestone for Uber, which had previously shelved its own robotaxi ambitions, choosing instead to partner with Waymo, the autonomous vehicle subsidiary of Alphabet Inc. Starting this week, the Uber app will feature an option for riders to choose a Waymo robotaxi…
U.S. antitrust case against tech giant Google, Prabhakar Raghavan, the Head of Google Search, revealed staggering figures related to the company's pursuit of search engine dominance in 2021. Google, in an effort to maintain its supremacy over Bing, invested a jaw-dropping $26.3 billion, paving the way for default search status on several prominent platforms. According to information unveiled during the…
Meta has intensified the promotion of its Threads service. Meta is leveraging the vast user base of Facebook by seamlessly integrating Threads posts into users' feeds, marking a significant escalation in the company's promotional tactics. This move follows Meta's established pattern of using Facebook as a launchpad for its new features and services. Previously, Meta seamlessly integrated Instagram Reels into…
Spotify, the world's leading music streaming service, is gearing up for a radical overhaul of its royalty system. This transformative initiative targets three distinct issues within the platform—cheating, noise content, and insufficient monetization for emerging artists. Spotify's upcoming changes promise a fairer distribution of revenue, giving a significant boost to working artists worldwide. The first major alteration introduces a minimum…
Google has announced plans to assemble its Pixel series smartphones in India. Rick Osterloh, Google's senior vice president of devices and services, revealed that the production of Pixel 8 and Pixel 8 Pro devices will commence in India, with these locally manufactured phones hitting the market next year. "We are collaborating with both international and domestic partners to manufacture Pixel…
The year 2023 is being hailed as the "Year of Artificial Intelligence" for tech giants, as a new Euroscape 2023 report from venture capital firm Accel reveals that leading U.S. technology companies, including Apple, Microsoft, Alphabet, Amazon, and NVIDIA, have collectively added a jaw-dropping $2.4 trillion to their market capitalization. This impressive surge comes on the back of a year…
In a strategic move following a surge of 9 million new subscribers in the third quarter, Netflix has increased its subscription prices, aiming to bolster revenues and curb password sharing. For U.S. basic subscribers, the monthly fee rose by $2 to $11.99, while premium plans increased by $3 to $22.99. In the UK, basic subscribers saw a £1 increase to…
In a groundbreaking development, Google has unveiled an AI-powered image generator within its renowned search engine, making image creation accessible and seamless for users. However, this feature is currently limited to users in the United States who are 18 years or older and have enrolled in the Google Labs and Search Generative Experience (SGE) program. This innovative functionality eliminates the…
In the ever-evolving world of smartphones, operating system updates are eagerly anticipated, yet their adoption rate can be a slow climb. Apple's iOS 17, launched on September 18, was met with a mix of excitement and apprehension. Now, the numbers are in, and they reveal an intriguing tale of user hesitance. While iOS 17 beckoned with its promise of new…
In the ever-evolving realm of operating systems, Windows 10 stands tall as the reigning champion, capturing a substantial 71.64% of the global Windows-based market share, according to recent data from StatCounter. Surprisingly, its successor, Windows 11, lags behind with a 23.61% market share, a trend that has raised more than a few eyebrows in the tech world. This comprehensive analysis…
In a much-anticipated unveiling, Google has introduced its latest flagship smartphones, the Pixel 8 and Pixel 8 Pro, promising a blend of cutting-edge technology and innovative design. These new devices not only continue Google's legacy of sleek design but also introduce a host of advanced features and a remarkable longevity in terms of support. Processor Prowess At the heart of…
European Commission President Ursula von der Leyen's recent announcement of an "anti-subsidy investigation into electric cars from China" has sent shockwaves through the automotive industry. As China's electric car industry gains momentum, it poses a significant threat to established players like Volkswagen and has raised concerns about unfair competition. China's prowess in car production has catapulted it into a major…
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