After facing a class-action lawsuit from customers who experienced unexpected price increases for Tesla’s Solar Roof installations in 2021, the company has reached a settlement. Tesla has agreed to pay slightly over $6 million to resolve the legal dispute, providing compensation to the affected customers who had initially agreed to ...
Read More »Twitter Alleges Meta Engaged in Trade Secret Theft for Its New Threads App
In a letter addressed to Meta, Twitter’s lawyer raised serious allegations of “systematic” and “unlawful misappropriation” of trade secrets. The accusation came after Meta launched its Threads service, prompting Twitter to accuse the Facebook parent company of engaging in the unauthorized use of proprietary information. In a letter written by ...
Read More »Twitter Implements Rate Limits to Combat Bots: Impact Limited to a Small Percentage of Users
According to an announcement made by Twitter on Tuesday, the recent implementation of usage limits is aimed at identifying and eradicating bots and other malicious users. The company further clarified that the impact of these limits is minimal, affecting only a small percentage of users at present. In a blog ...
Read More »Elon Musk’s Company Sets Deadline for Twitter Users to Verify Accounts on TweetDeck
In a recent announcement, social media giant Twitter revealed that users will soon be required to undergo the verification process in order to utilize TweetDeck. The company specified that this change will be implemented within a span of 30 days. Despite the ongoing issues faced by TweetDeck users, such as ...
Read More »Tesla Surges Over 7% as Delivery and Production Figures Exceed Expectations
In Monday morning trading, Tesla experienced a notable surge of over 7% in its share value. This significant increase can be attributed, at least in part, to the impressive second-quarter delivery and production figures that surpassed market expectations. Investors responded positively to the news, driving up the stock price as ...
Read More »Nokia and Apple Extend Patent License Agreement, Including 5G and Other Technologies
Nokia, a leading provider of network infrastructure and 5G technology, has entered into a new long-term patent license agreement with Apple. This agreement serves as a replacement for the existing deal between the two companies, which is scheduled to expire by the end of 2023. In a recently announced agreement, ...
Read More »Apple Achieves Historic Milestone as Market Cap Surpasses $3 Trillion
In a historic moment, Apple’s market capitalization surpassed the $3 trillion mark for the first time on Friday. The achievement came as Apple’s shares experienced a rise of approximately 2.31%, reaching a new record high and surpassing the price threshold of $190.73 necessary to reach this significant milestone. These details ...
Read More »Google Streamlines Mapping Products, Triggers Job Cuts at Waze
As part of the integration process between its mapping service Waze and its own map products, Google has announced job cuts within the Waze division. Chris Phillips, who leads Google’s maps division called Geo, shared this information with employees via an email on Tuesday. The email explained that Google is ...
Read More »Amazon Boosts Investment in India, Commits to $26 Billion by 2030
After a meeting between CEO Andy Jassy and Prime Minister Narendra Modi in the United States, Amazon.com announced its plans to increase its investments in India to $26 billion by 2030. This includes an additional $6.5 billion in newly planned investments. The decision showcases Amazon’s commitment to expanding its presence ...
Read More »Meta Revises Policy, Permits Children Above 10 to Utilize Quest Virtual Reality Headset
In a noteworthy move, Meta, the social media giant, has revised its minimum age requirement for users of the Quest virtual reality headset. The age limit has been lowered from 13 to 10, allowing children as young as 10 to engage with the device. Interestingly, this change arrives amidst ongoing ...
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