FCC has approved $6 billion in broadband grants despite rejecting Starlink
Fixed wireless and fiber ISPs get money as FCC continues cleanup of Pai program. Enlarge Several US government agencies are having a busy week for doling out broadband deployment funding to ISPs and state governments. Today,.....»»
WSJ: Apple in talks to invest in OpenAI as ChatGPT comes to iOS 18
OpenAI is seeking a new round of funding that values the company at over $100 billion, and a new report today says Apple is in negotiations to join in. According to The Wall Street Journal, Apple is “in talks to invest in OpenAI” alongside other.....»»
University of Wisconsin denied new trial in decade-long chip patent battle against Apple
The ten-year legal battle between Apple and the University of Wisconsin may finally be over, with the university denied its latest attempt to regain half a billion dollars from the iPhone company.Apple's A7 processor is among the ones included in the.....»»
GM, Samsung SDI push back opening of Ind. battery plant to 2027
General Motors and Samsung SDI finalized their partnership that will invest $3.5 billion in an EV battery plant in Indiana......»»
Vinnie Johnson"s Piston Group wins scathing verdict in longtime minority certification fight
The verdict ends a legal feud that’s been stewing since early 2021. At stake was a lucrative minority certification that helped the auto supplier win business from automakers. The fast-growing supplier has topped $3 billion in revenue and employs 1.....»»
iPhone 16 will lead Apple to record high $400 billion revenues in 2024
Apple is now expected to exceed $400 billion in annual revenue in 2024, with this record high driven by all of its hardware such as the iPhone, plus another record high for Services.Renders of the iPhone 16 rangeIt's estimated that when Apple was inc.....»»
Old methods, new technologies drive fraud losses
GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 202.....»»
Feds award $521 million in EV charger funds, but rollout remains slow
The awards are part of a $7.5 billion program for EV charger infrastructure. Enlarge (credit: Getty Images) The federal government awarded another $521 million in EV charger funding today. It's the latest tranche of mon.....»»
Germany plans $3.7 billion program to help decarbonize industry, including carbon storage
The German government on Friday announced plans to provide about 3.3 billion euros ($3.7 billion) in funding for projects to make industry more climate-friendly, including by storing carbon dioxide underground at offshore sites......»»
Fraud tactics and the growing prevalence of AI scams
In the first six months of 2024, Hiya flagged nearly 20 billion calls as suspected spam – more than 107 million spam calls everyday. The data showed spam flag rates of more than 20% of unknown calls (calls coming from outside of someone’s address.....»»
FDA green-lights fall COVID-19 boosters
Updated mRNA vaccines from Pfizer and Moderna are ready to roll. Enlarge (credit: Getty Images) As the COVID-19 case count continues to tick upward, the US Food and Drug Administration has approved an updated vaccine for.....»»
Xiaomi, eyeing Europe, will swallow EV losses to join Tesla in big leagues
Xiaomi’s founder Lei Jun has pledged to invest $10 billion to make EVs as the company aims to become one of the world’s top five automakers. .....»»
Canadian rail lockout called "highly problematic" for North American auto industry
A weeklong stoppage could cost about $1 billion, according to one forecast. The costs and disruptions for U.S. automakers go up the longer the disruption lasts......»»
SpaceX rolls out new booster for Cape Canaveral launch
SpaceX launches lately have been pushing the record envelope for booster reflight, but a Starlink launch Tuesday morning rolled out a brand new first stage......»»
AMD signs $4.9 billion deal to challenge Nvidia’s AI infrastructure lead
Company hopes acquisition of ZT Systems will accelerate adoption of its data center chips. Enlarge (credit: CFOTO/Future Publishing via Getty Images) AMD has agreed to buy artificial intelligence infrastructure group ZT.....»»
Four things ancient Greeks and Romans got right about mental health
According to the World Health Organization, about 280 million people worldwide have depression and about one billion have a mental health problem of any kind......»»
Video dominates mobile app revenue; TikTok coins reward live streamers
Video dominates mobile app revenue, according to a new report. Of the total $3.8B smartphone owners spent on entertainment apps last quarter, three billion of it was spent on streaming and short video apps. The most dramatic growth in earnings was.....»»
Medicare drug price negotiations: 10 list prices drop between 38% to 79%
If the prices were set in 2023, Medicare would have saved $6 billion. Enlarge / Prescription drugs are displayed at NYC Discount Pharmacy in Manhattan on July 23, 2024. (credit: Getty | Spencer Platt) In the first round.....»»
AT&T and Verizon ask FCC to throw a wrench into Starlink’s mobile plan
Carriers allege Starlink/T-Mobile will interfere with existing mobile networks. Enlarge (credit: T-Mobile) AT&T and Verizon are urging telecom regulators to reject a key part of SpaceX's plan to offer cellular service wi.....»»
Big-name drugs see price drops in first round of Medicare negotiations
If the prices were set in 2023, Medicare would have saved $6 billion. Enlarge / Prescription drugs are displayed at NYC Discount Pharmacy in Manhattan on July 23, 2024. (credit: Getty | Spencer Platt) In the first round.....»»
Apple grants US developers the same NFC features it was forced to provide in Europe
Following pressure to open up its iPhone NFC payment processes to rivals across Europe, Apple has decided to bring the same feature to more countries, including the US.Apple's iPhone NFC to open to third-party devs post-EU probeThe European Union req.....»»