Tag: Innovation
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Tesla cancels affordable electric car, shifts focus to Robotaxis
Tesla has made a significant shift in its strategy, announcing the cancellation of its long-awaited affordable electric car, a move that has left investors and consumers stunned.
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AirCar technology purchased by Chinese company for exclusive use
A Chinese firm has acquired the technology behind a flying car, originally developed and tested in Europe. This AirCar, powered by a BMW engine and conventional fuel, completed a 35-minute flight between two Slovakian airports in 2021, utilising standard runways for take-off and landing. Its transformation from car to aircraft took just over two minutes.
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Apple set to release new iPad Pro, MacBook Air, and more
Apple is set to make significant announcements this week, as confirmed by a reliable source familiar with the matter, shared with MacRumors.
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Pakistan sets sights on $5 billion smartphone exports by 2029
Pakistan’s mobile phone industry is experiencing a significant boom, with plans to export smartphones worth $500 million in the next two years and an ambitious target of $5 billion in the next five years, according to the Federal Minister of IT and Telecom, Dr Umar Saif.
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Finance Minister envisions Pakistan’s economy soaring to $2 trillion by 2047
Dr. Shamshad Akhtar, the Caretaker Finance Minister, emphasized Pakistan’s significant economic potential, stating that the country could achieve a $2 trillion economy by 2047, as per a World Bank report.
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WhatsApp to introduce animated avatars for video calls soon
The Meta-owned messenger application WhatsApp is reportedly planning to add animated avatars for video calls, a feature that – resembles Apple’s Memoji – rumored to be in the works since last year.
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PS5 goes portable: Sony introduces PlayStation Portal for on-the-go gaming
Sony is set to introduce a new addition to its gaming lineup later this year with the official launch of the portable PlayStation device, the PlayStation Portal remote player.
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Tesla introduces cheaper Model S, Model X variants with reduced ranges
Tesla has unveiled more affordable versions of its Model S sedan and Model X SUV in the United States. These new “standard range” models are priced at $78,490 and $88,490, respectively, marking a roughly 10 per cent reduction from the previous lowest-priced options. The company aims to boost sales by focusing on cost reduction.
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WhatsApp introduces multi-account feature for beta users
WhatsApp, owned by Meta, has rolled out a new multi-account system, streamlining the user experience. Users can now log into multiple accounts simultaneously, eliminating the need for device switching.
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TikTok introduces text posts to compete with Threads and X
In an unexpected twist, TikTok, the reigning platform for short videos, is stepping up to compete with Meta’s Threads and X (previously known as Twitter) with its latest addition: text posts. This innovative new format breaks through conventional boundaries, offering TikTok’s dynamic community an exciting new medium to flaunt their stories, poems, recipes, and a…