August 17, 2024
Tech News
Gogoro, a Taiwanese electric two-wheeler maker, has delayed its plans for India due to policy uncertainty regarding government incentives for battery swapping. In the meantime, Gogoro has launched a bike-taxi pilot program with Rapido in New Delhi to test its vehicles before commercial release.
A federal judge in New York has blocked the launch of Venu Sports, a sports streaming service by Disney, Fox, and Warner Bros. Discovery, citing antitrust concerns. This decision came after Fubo argued that the bundle would create a monopoly, putting other distributors at a competitive disadvantage.
The National University of Singapore (NUS) has partnered with IBM to establish an AI research and innovation center at NUS School of Computing by 2025. The center will focus on advancing AI technologies, with a particular emphasis on sustainability and AI safety.
Venture firm Andreessen Horowitz (A16z) has released a guide on building a social media presence following a viral tweet by founder Ben Horowitz. The tweet accused rival VC Michael Moritz of orchestrating a negative article about his family’s political donations, highlighting the firm’s complex relationship with social media.
Tech Explained
Antitrust – Antitrust refers to laws and regulations designed to promote fair competition and prevent monopolies or other practices that could harm consumers or other businesses.
AI – AI, or artificial intelligence, is the simulation of human intelligence processes by machines, especially computer systems.
Sustainability – Sustainability refers to the ability to maintain or support something over the long term, without depleting resources or causing harm to the environment.
Blockchain – Blockchain is a decentralized, distributed ledger technology that records transactions across multiple computers in a secure and transparent manner.
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