April 27, 2024
Tech News
Tesla has reduced the prices of its Model 3 and Model Y electric vehicles in Malaysia by RM8,000. The price cut applies to several variants of both models, excluding the Model 3 Performance variant. Additional charges and on-the-road registration fees are not included in the new pricing. Tesla’s add-on prices remain unchanged.
Google has officially reached a $2 trillion market cap, becoming the fourth most valuable public company globally. This achievement comes after Google’s parent company, Alphabet, announced its Q1 2024 earnings, revealing significant profits and revenue growth. Google’s focus on AI and strategic adjustments, including layoffs and project cuts, have contributed to this milestone.
Eken has addressed serious security vulnerabilities in its video doorbells, as reported by Consumer Reports. The company issued a firmware update for its products and those of other brands using the Aiwit app, fixing issues that could allow unauthorized access to the doorbell’s video feed and other security risks.
The U.S. House of Representatives has passed a bill giving TikTok’s parent company a nine-month ultimatum to sell or face a ban in the U.S. The bill aims to address concerns over national security and free speech, with provisions for a potential 90-day extension by the president.
The Employee’s Provident Fund (EPF) in Malaysia has introduced a new 3-account structure, with Account 3 (Flexible Account) offering the same dividend rate as Accounts 1 (Retirement Account) and 2 (Wellbeing Account). This change is expected to make Account 3 a popular choice for emergency savings due to its competitive dividend rate compared to other investment options.
Tech Explained
Firmware Update – Firmware is a type of software that provides control, monitoring, and data manipulation of various devices. A firmware update is a specific type of software update that is designed to fix bugs, improve performance, or add new features to a device’s firmware.
National Security – National security refers to the protection of a country’s sovereignty, territorial integrity, and citizens from internal and external threats. It encompasses various measures, policies, and actions taken by a government to safeguard the nation’s interests.
Dividend Rate – The dividend rate is the percentage of a company’s earnings that is distributed to its shareholders as dividends. It is an important indicator of a company’s financial health and profitability, influencing investor decisions and stock prices.
