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Tech

Apple cancels its decade-long electric car project

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apple electric vehicle

Apple has decided to halt its ambitious plans for ‘Project Titan’, according to a reliable insider.

The tech giant, which had been secretly working on the project for several years, reportedly encountered numerous challenges and roadblocks, leading to the cancellation of the initiative.

Titan falls

Initially aiming to rival leading electric vehicle manufacturers, the company faced hurdles such as technological complexities, supply chain issues, and intense competition in the rapidly evolving electric vehicle market.

Despite significant investments in research and development, Apple ultimately chose to redirect its resources towards other promising ventures.

Several employees working on the electric car project will be moved to the firm’s artificial intelligence (AI) division, according to Bloomberg News, which first reported the development.

Gen AI

Apple’s decision to hold back in the AI race has drawn attention, especially given the increasing role AI plays in shaping the future of technology.

With its rivals already at the forefront, Apple seems poised to break its silence and bridge the gap in incorporating this breakthrough technology.

Industry analysts suggest that Apple’s belated entry into the AI arena might be a strategic move, allowing the company to observe and learn from the experiences of its competitors.

The tech giant has a reputation for meticulous planning and delivering refined products, and this delay could signify a well-thought-out strategy to ensure a seamless integration of AI without compromising its standards.

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News

EV market witnesses unprecedented price cuts

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Established brands like Peugeot and Nissan are slashing prices by significant margins to compete with emerging Chinese EV competitors.

Facing a dual challenge of a decelerating growth in EV adoption and a surge in competitively priced alternatives from Chinese manufacturers like BYD and MG, traditional automakers are forced to enact substantial price cuts to clear inventory.

This trend reflects the fast pace within the market and signals the formidable struggle for dominance in the EV space. #featured #trending

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Tech

The biggest entertainment industry continues studio closures

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Microsoft’s Xbox division announced the closure of several studios post their Bethesda acquisition.

Among the studio closures are Arkane Austin and Tango Gameworks.

Meanwhile, Nintendo hints at a new Switch, and PlayStation backtracks on linking Steam accounts for HellDivers 2.

Nintendo surprises with a NES Championship edition. New games this week include Crow Country, V Rising, Animal Well, and Little Kitty, Big City. #Featured #Trending

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Shows

Cyber attacks: health sector targeted

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Cyber attacks are rife within the healthcare sector. So what’s the solution?

Cyber inSecurity dives into the challenges, solutions, and real-world applications in the fast paced world of cyber security. Hosted Nam Lam, Managing Director and Gary Savarino, Field CTO at Sailpoint.

In this episode, Gary is joined by Aaron Le Saux, ICT Architecture and Integration Manager at Calvary Health Care. #cyber insecurity

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