On January 24, 2023, Tesla announced its plan to take a step in the direction of expansion. The plan involved investing more than US$3.6 billion to expand its Nevada Gigafactory complex with two new factories. One of these factories is finally going to be the site for the mass production of its long-delayed Semi electric …
Recently, Microsoft posted results that shed some positivity in light of the weak economy, thanks to the cloud business that hit Wall Street targets for the end of 2022, but it may miss expectations in the current quarter. The stable results that the company posted helped soothe the fears the tech giants had about their …
Continue reading “Microsoft’s Cloud Business Stays Strong Despite Trying Times”
Several banks, including Bank of America and JPMorgan Chase, are collaborating to bring forth a payment wallet that gives other players in the market a run for their money. In a bid to compete with Apple Pay and PayPal, the works for a digital wallet that links with debit and credit cards are in motion. …
Continue reading “Banks Join Hands to Create a Digital Wallet in a Bid to Up the Competition”
Tesla vehicles in the United States are now relatively more affordable after the company reduced its prices by 20%. To increase sales, the automotive company incorporated the change two weeks into 2023. The price cut swings between 6% to 20% for Model 3 and Model Y SUVs. Tesla also implemented the new price chart in …
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The Italian electric vehicle battery maker announced their decision to license fast-charging battery technology from Israeli startup StoreDot on Monday. Through this deal, the company plans to manufacture lithium-ion batteries in Italy. Italvolt is said to procure a minimum and yet undisclosed amount of batteries produced at their plant for StoreDot’s business. This agreement is …
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Groundbreaking diagnostic technology will be introduced to Southeast Asia, starting with Singapore, through the latest Seno Medical and Genetik agreement. The exclusive distribution deal signed by the US-based company is for the former’s Imagio Opto-Acoustic/Ultrasound (OA/US) Breast Imaging System. Such an agreement is a first for Seno and Genetik will market, sell, and service the …
Continue reading “Breast Imaging in Singapore Sees New Future with Seno Medical and Genetik”
Apple Inc. is in the midst of incorporating adjustments to make room for CEO Tim Cook’s pay. Tim Cook has asked for a 40% cut in his pay compared to the previous year. Per Apple’s regulatory filing in early 2023, Cook aims to reduce his compensation to $49 million this year, combining a $3 million …
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Aspartame has been the focus of numerous studies as researchers need to know more about the safety and effects of this artificial sweetener. A Florida State University looked into the potential impact of aspartame on anxiety and found that mice that consumed aspartame exhibited anxiety-like behavior afterward and presented changes in the expression of genes …
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With telecommunications growing by leaps and bounds, the world has already started looking forward to the introduction of 6G. With 5G yet to flourish completely and show its capabilities across domains, research on 6G communications have already started. Researchers at the University of Massachusetts Amherst feel that the human body is the way forward to …
Continue reading “6G: Unleashing the Power of Technology Through The Human Body”
OpenAI has been surprising the world with its achievements lately. With ChatGPT, an AI-powered chatbot, the company has made it possible to create interaction-style conversations. One thing about ChatGPT that has everyone on the edge of their seats is its human-like responses. Another fact fueling the excitement about OpenAI’s latest venture is that it is …
Continue reading “OpenAI’s ChatGPT Reportedly Costs $100,000 a Day to Run”
The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. theleadersoutlook aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, theleadersoutlook works to make the entrepreneurs, versatile to the sturdy technological influences.
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