Good morning! This is your daily ☕️ Techpresso.
In today's Techpresso:
🤖 Sam Altman and former Apple executives are making an AI device
🤷♂️ TikTok's defense strategy involves throwing Shein and Temu under the bus
🚗 US to ban Chinese connected car software and hardware
💰 Intel gets multibillion-dollar offer from Apollo
🎁 + 7 other news you might like
🔮 + 4 handpicked research papers and tools
🤖 Sam Altman and former Apple executives are making an AI deviceLINK
Sam Altman is collaborating with former Apple designer Jony Ive and Laurene Powell Jobs to develop a secretive AI-powered hardware device.
This new venture by Altman, Ive, and Powell Jobs aims to create a computing device that offers a less socially disruptive experience compared to the iPhone.
Altman and Ive are currently raising up to $1 billion for their startup, with significant investments from Emerson Collective and other prominent investors, to fund their innovative AI device project.
🤷♂️ TikTok's defense strategy involves throwing Shein and Temu under the busLINK
TikTok is challenging a US law that may force it to sell or face a ban, arguing the Act focuses unfairly on their platform and infringes on First Amendment rights.
TikTok's defense pointed to other Chinese apps, specifically ecommerce giants Shein and Temu, claiming they collect more sensitive data yet are seemingly protected by a clause in the same Act.
During a recent court hearing, TikTok's lawyer highlighted that an exclusion clause in the Act shields companies like Shein and Temu, suggesting the law discriminates against TikTok and favors certain types of content over others.
🚗 US to ban Chinese connected car software and hardwareLINK
The US Commerce Department plans to effectively ban Chinese connected car software and hardware from US roads due to national security concerns over potential surveillance and remote control threats.
This decision is part of a broader effort to counter heavily subsidized Chinese vehicles entering the US market, aligning with recent tariffs and pressures on Chinese automakers attempting to establish operations in North America.
The proposed trade restrictions would apply starting model year 2027 for software and model year 2030 for hardware, offering a period for automakers to adapt but potentially challenging some manufacturers due to complex supply chains.
💰 Intel gets multibillion-dollar offer from ApolloLINK
Apollo Global Management has proposed a multibillion-dollar investment in Intel Corp., offering a significant endorsement of Intel's ongoing turnaround strategy and presenting an alternative to Qualcomm's potential takeover.
Intel's stock saw a rise of up to 4.2% following the news of Apollo's interest, with the trading capitalization reaching approximately $96 billion on the announcement day.
Under CEO Pat Gelsinger, Intel is pursuing an ambitious transformation plan, securing new investments and restructuring, including critical deals like a collaborative AI semiconductor project with Amazon Web Services.
Other news you might like
SpaceX targeting 5 uncrewed Starship missions to Mars within 2 years.LINK
Chechen warlord claims Elon Musk remotely disabled Cybertrucks he 'gifted'.LINK
iPhone 16 dubbed Apple's most repairable model in years.LINK
TSMC and Samsung reportedly planning $100bn 'megafactories' in the UAE.LINK
Radiation from Elon Musk's Starlink satellites is 'blinding' scientists from seeing the universe.LINK
Cloudflare’s new marketplace will let websites charge AI bots for scraping.LINK
Matt Mullenweg calls WP Engine a ‘cancer to WordPress’ and urges community to switch providers.LINK
Latest research and tools
Brainfuck Enterprise Solutions: a software suite that optimizes business processes through data analysis, automation, and integration tools to enhance operational efficiency and decision-making for organizations.LINK
Coffee Stats: provides personalized statistics on how a cup of coffee might affect your sleep, based on your caffeine intake and desired sleep time, assuming average genetics and immediate consumption.LINK
Tesla Transport Protocol over Ethernet (TTPoE): a new open-source protocol designed for high-speed, low-latency communication in AI and data center environments, requiring no CPU or OS intervention for data transport, ensuring reliable transmission without centralized congestion control.LINK
Qocker: a user-friendly Qt GUI application that simplifies managing Docker containers, offering features like container overview, quick terminal access, and direct container management functionalities.LINK
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