Innovation & Tools
Apple will appeal Brazil's ban on selling iPhones without chargers - 09/08/2022
The Brazilian government's restriction on selling iPhones without chargers was announced by Apple Inc. on Tuesday. The company refutes allegations that it provides consumers with a subpar product. Apple was fined $12.275 million reais ($2.38 million) by Brazil's Justice Ministry and told to stop selling iPhone 12 and newer versions. Additionally, Apple must stop marketing any iPhone models that...
CERN may shut down Large Hadron Collider - 09/05/2022
The possibility of turning off some particle gas pedals during periods of high energy demand is being considered by the European Organization for Nuclear Research (CERN). The organization does not completely rule out the possibility of needing to halt the operation of the Large Hadron Collider. The Wall Street Journal was informed of this by Serge Claudet, the chairman of the CERN Energy...
Bloomberg: Apple to register trademark for VR headset - 08/30/2022
Apple plans to file for multiple trademarks in preparation for its future mixed reality headset. Bloomberg cites the company's applications that were submitted in the EU, US, UK, Australia, Canada, New Zealand, Costa Rica, Saudi Arabia, and Uruguay. The agency claims that Apple wants to simultaneously register the three new names Reality One, Reality Pro, and Reality Processor. According to...
Apple to introduce new iPhone in September - 08/18/2022
According to sources cited by Bloomberg, Apple is getting ready to announce a series of new devices, including the iPhone 14, during an event on September 7. The new products will be on sale in the middle of the first month of autumn. Some retailers have been advised that sales would begin on September 16 as the publication details. Upgraded models of PCs, tablets, and smart watches will be...
Bill Gates' TerraPower raises $750M for nuclear energy and medical projects - 08/16/2022
TerraPower, founded by Bill Gates, raised $750 million for advances in nuclear energy and medicine. The fundraising round was led by Gates himself and SK, one of the biggest energy suppliers in South Korea. According to CNBC, SK contributed $250 million to Gates' business. The funds will be used to further nuclear energy technology and nuclear medicine advancements. According to Chris Levesque,...
Reuters: New bill in USA may stall electric cars development - 08/09/2022
A group of carmakers that includes General Motors, Toyota Motor, Volkswagen, and others claimed that a tax incentive package passed by the U.S. Senate on Sunday would cast doubt on viability of meeting the country's goals for the adoption of electric vehicles by 2030. According to Alliance for Automotive Innovation CEO John Bozzella, "Unfortunately, the tax subsidy requirements for electric...
Samsung greenlights self-repair program for new phones and tablets - 08/04/2022
According to a statement from the firm, Samsung will launch a self-repair program for smartphones and tablets. In accordance with the program's guidelines, owners of brand gadgets will be able to service those devices at home thanks to a partnership with iFixit. In addition to providing users with the official instructions, Samsung will also sell repair kits at its service facilities and on the...
Christie's creates venture fund to invest in art tech startups - 07/20/2022
Christie's Ventures investment fund will concentrate on assisting businesses who are creating financial digital art goods and Web3 art market technology. The auction company Christie's has established its own investment fund, Christie's Ventures, which will help growing technology firms in the arts with money and advice. "Our focus is on early-stage startups and FinTech companies formed by...
Crypto platform Celsius Network owes users $4.7B - 07/19/2022
U.S. cryptocurrency startup Celsius Network declared bankruptcy, stating in a court filing that its debt exceeds $5.5 billion. Of that sum, the firm owes its customers $4.7 billion. In May 2022, Celsius Network, which was in charge of assets worth close to $12 billion, filed for bankruptcy due to severe issues brought on by the crash in the value of Bitcoin. In an attempt to deal with the...
China plans to extend tax incentives for electric cars - 07/08/2022
Chinese officials unveiled a number of new initiatives to increase consumer demand for automobiles, including plans to expand tax advantages for electric vehicles, develop more charging stations, and promote lower charging rates. Shares of Chinese automakers rose after the plans were revealed by the Commerce Ministry in a joint statement with 16 other authorities. Shares of Geely, for instance,...