This Week in Tech News

Is the Apple Car Real?

Apple Car Real?

Episode 1769

Reports are that Hyundai's KIA Motors has signed a manufacturing partnership with Apple for $3.6 billion. Does this mean that the Apple car is real?  Leo says it sure looks that way. The cars may be built in Georgia, which Leo says is a good move to have more cars being made in the USA. The rumor is that we'll see an electric Apple Car in 2024/25, and there are plans for 100,000 cars a year.

Huawei Gets Caught Creating Phony Twitter Accounts to Hype Products

Huawei

Episode 1768

Chinese tech giant Huawei was caught this week creating phony Twitter accounts to push their products in Belgium. The accounts consisted of phantom tech reviewers and experts who spoke positively of Huawei products. Leo says while Huawei was only caught doing what all tech companies have done, and while it's against Twitter TOS, they haven't really enforced it all that much. Even the FCC has been caught doing it to push an anti-net neutrality position.

SEC Investigating GameStop Stock Event

GameStop

Episode 1767

In what looks like a revolt of the average joe against the billionaires, the stock market this week was rocked by an event organized by people on REDDIT and other social media networks to buy stock in GameStop and AMC. The stunt turned some into millionaires as the mob action made the stock rise while causing hedge funds who "shorted" the stocks to lose billions. Average people used stock apps like RobinHood to buy up shares and drive up the stock.

Apple Stock Surges Ahead of First Quarter Results

Apple

Episode 1765

Apple stock has surged to an all-time high before publishing first-quarter results this week. Leo says that Apple's profit is hitting over $120 billion this quarter, fresh off high sales of the iPhone 12, iPads, and Apple subscription services launched in the last half of 2020. 

Alphabet (Google) Grounds Loon

Loon

Episode 1764

Alphabet launched Project Loon, where they would bring the world broadband internet with weather balloons. It launched in 2013, and this week Google announced it was ending the program. They did use it during natural disasters in Central America and Africa, bringing short term internet to the regions during the first few days. But problems cropped up immediately as people couldn't afford the equipment, or simply wasn't interested. Then there's the fact that you can't really control the wind pushing weather balloons all over.

Australian Law Could Require Google To Pay News Agencies for Article Snippets in Search

Australia

Episode 1764

The Australian Parlament is considering a law that will require search engines like Google to pay news agencies for publishing snippets of articles in their search results. Google says that if the bill becomes law, they may have no choice but to pull Google search out of the continent. Leo says that's not necessarily a bad thing, as it would open up competing search engines like Bing and Duck Duck Go for others to use.

Happy 13th Anniversary to the iPhone

Gen 1 iPhone

Episode 1761

Thirteen years ago, Apple introduced an Internet communicator, iPod, and a Mobile Phone, known as the iPhone. Three devices in one. Leo says that smartphones were a struggling category at the time, attempting to go up against the juggernaut known as Blackberry. With the iPhone's launch, the smartphone's place in technological history was secured, and Blackberry is just a footnote.

Elon Musk is now the Richest Man in the World

Musk

Episode 1760

With Tesla's stock skyrocketing, Elon Musk has surpassed Jeff Bezos to become the richest man in the world. Leo thinks that Tesla's success may be what's pushing Apple to develop their own electric car.

Meanwhile, Elon is going to Mars.