Here is the top trending news from the world of technology. News that every tech enthusiast should keep a tab on.
1)
Tesla warns EV sales will be lower in 2024
Tesla has just announced a bad news for its investors. The American EV major has said that its electric vehicle sales growth is expected to be significantly slower in 2024 as compared to 2023. The Elon Musk led company has cited many reasons including Increased competition in the EV market, global supply chain challenges and focus on launching new Gigafactory in China and Texas. Despite the expected slowdown, Tesla is still targeting delivery growth of around 50% year-over-year basis, which would be impressive given the challenges it is facing. The company further added that it is pinning up hopes on the recently launched Cybertruck for pushing up sales in the current financial year.
2)
Pixel 9 leaks are already out (here are some details)
We are still months away from Google Pixel 9 launch but new set of leaks about the phone have sent the rumour mills to complete overdrive. As per these leaks, the Google Pixel 9 and Pixel 9 Pro could feature 6.1-inch flat display and the rear camera could feature telephoto lens. The leaks further claim that Google’s next-generation Tensor G4 chip is expected to power both the models, which is likely to improve the overall performance and AI capabilities of the phone. That’s not all. The Pixel 9 series could be the first to launch with the latest version of Android, the Android 15. Google typically unveils its new Pixels in October, so you can expect Pixel 9 and Pixel 9 Pro to be launched in October 2024.
3)
‘Sex and the City’ Is Coming to Netflix
There is an exciting news for the die-hard fans of Sex and the City series. The iconic series is all set to make a comeback on Netflix. All the six seasons, comprising a total of 94 episodes, will be available for streaming from April, 2024. This deal marks a significant expansion of HBO content on Netflix. However, the deal doesn’t include the two “Sex and the City” movies or the revival series, ” which you can still watch on HBO Max. Sex and the City is widely considered as one of the most popular sitcom series in America’s history and its arrival on Netflix is sure to generate excitement among its dedicated fan base.
4)
Apple plans new fees for Downloads Outside App Store
Apple is planning to add new fees and restrictions in the European Union as it is all set to allow users to download apps from the third-party app stores for the very first time. The tech giant’s actions are in response to the new European law called Digital Markets Act. Apple has still not announced the exact amount of fees that European developers will have to pay but it is expected to be much lower than the current 30% commission. App Users, on other hand, will be allowed to download apps from the third-party app stores through a process called “sideloading.” However, the apps will need to meet certain security and privacy requirements set by Apple before they can be sideloaded.
5)
Microsoft briefly breaches $3 trillion in market cap
Tech giant Microsoft achieved a major milestone on Wednesday as it crossed the $3 trillion mark in the market capitalization for the first time ever. This impressive feat solidified the company’s position as the world’s second most valuable company, only behind Apple. It achieved this milestone after its stock price climbed over 1% during intraday trading, reaching a record high of $405 per share. However, it could not hold to its $3 trillion market cap for too long as its stock price plummeted by end of the intra-day trading. But nonetheless, this fleeting achievement serves a reminder about Microsoft’s financial strength and investor’s growing confidence in the company.
