The all-electric SUV plan was scrapped by Ford
Ford Vice-Chairman and Chief Financial Officer Christopher Lawler said the company will pivot away from electric future and expand other platforms as it responded to market demand. “The market is changing globally…with the Chinese at overcapacity, and so it’s all going to come down to being nimble, having a low-cost and multiple low-cost platforms,” he added.
Can South Korea get back to being a leader in innovation?
South Korea has increased its budget for global research and development (R&D) to over one billion dollars in the next five years. This comes after the South Korean government reduced funding for research and development to only 14.7% at the end of 2021. The US, which has a history with South Korea dating back to the 1950s, is the country with the highest collaborative share.
Susan was a Silicon Valley visionary who died at the age of 56
Google CEO Susan Wojcicki has announced that she’s stepping down from her position in February 2023 to start a new chapter. “I took on each challenge that came my way because it had a mission that benefited so many people’s lives around the world: finding information, telling stories…and supporting creators, artists, and small businesses,” Wojcicki said.
Dodge is putting a price on its first electric car
Dodge has unveiled its first all-electric sports car Charger Daytona at the LA Auto Show. The two-door model starts from $59,595 for R/T and $73,190 for Scat Pack, both excluding a $1,995 destination fee. The Fratzonic Chambered Exhaust system for Daytona will be available for the X-V Sport- Class Corseiguo Automatic. The Fratzonic Chambered Exhaust design includes “dual Bespoke, high efficiency extreme bandwidth transducers”.
The Apple TV 4K is a good rival to the Google TV Streamer
Google unveiled its new streaming TV dongle ‘Google TV Streamer’, which can stream 4K content to the living room from Android devices. It can also control smart home devices from the living room couch with a single button press on the remote. A new feature called ‘generativeai’ lets users create screensavers in the background that can be used only once or twice.
Microsoft could not pay Apple a price for Bing, so they would not use it
Apple would have to spend $20 billion to reproduce Google’s technical infrastructure dedicated to search, a report said. “Google’s search product is much better than those of Apple and Mozilla,” it stated. “If Google made search shittier, revenues from Search would be fine,” the report added. Google’s VP of Search Pandu Nayak said it’s vitally important for Google to “have an infrastructure”.
US Judge rules that the internet search engine is an illegal game
A US judge has ruled that Google is the only real choice as the default search engine for Apple. “Apple has estimated how much it would cost to create and maintain a search platform that could compete with Google,” he said. Apple would have to spend $20 billion to reproduce Google’s technical infrastructure dedicated to search, he added.
A US judge says that a search on the internet is an illegal game
The US Justice Department’s antitrust case that accused Google of abusing its dominant market position in search ads will be heard by a federal judge in New York this year, reports said. The judge has set a period of five to seven years to decide on the remedies. He will also hold a separate trial to determine what remedies Google should face.
X has an antitrust lawsuit against advertisers
Following Elon Musk’s post on the lawsuit filed by X and Check My Ads against Rumble over ads, Linda Yaccarino, CEO of right-wing video site Rumble said she was “shocked by the evidence that there had been a systematic illegal boycott against X.” She said, “Bose to boycott and destroy.” Musk had posted that there could be criminal liability under RICO Act.
A US Judge rules that the internet search engine is an illegal game
A US federal judge has ruled that Google abuses its market dominance in search and text ad sales. Judge Amit Mehta said Google’s deal-making harms competition and that it has abused its monopoly. The judge also said the US government has shown evidence of “unfair, unfair or deceptive practices” on Google’s platform. He said he will hold a separate trial to determine remedies.