September 6, 2024
Tech News
Tesla Malaysia is offering a limited-time promotion on the Model Y Performance, which includes a RM30,000 discount, a complimentary Tesla Universal Mobile Connector, and free delivery to any location in Malaysia. The Model Y Performance is priced from RM280,000, and the promotion is available for the current inventory, which includes 10 units. The Model 3 is also available with low-interest financing options.
Osom Products, a mobile phone company founded by former Essential employees, is shutting down due to a lack of customers and financial mismanagement allegations against its CEO. The company had released a privacy-focused smartphone but struggled to gain traction in the market. Most employees will be laid off, but some will remain to fulfill contractual obligations. The shutdown highlights the difficulties faced by consumer electronics startups in securing funding.
Dr. Vincenzo Basilem from Arthur D. Little emphasizes the need for telecommunications companies to revamp their business models due to declining profitability and stagnant revenue growth. He identifies challenges such as market saturation, high competition, and rising operational costs. To remain competitive, telcos should focus on data-driven investments, explore new revenue streams, and leverage AI and machine learning for network optimization.
Waymo has expanded its driverless taxi services in San Francisco and Los Angeles, now completing over 100,000 rides weekly across multiple cities. The company is still working toward profitability, facing high operational costs, including fleet maintenance and employee monitoring. Although there is speculation about shifting to selling its technology, Waymo remains focused on fleet management and building public trust through safety measures and community engagement
Tech Explained
Tesla Model Y Performance – The Tesla Model Y Performance is an electric SUV offered by Tesla Malaysia with enhanced performance features and a limited-time promotional discount.
Telco Industry – Telecommunications companies are urged to revamp their business models to address challenges such as declining profitability and market saturation by focusing on data-driven investments and exploring new revenue streams.
Waymo – Waymo has expanded its driverless taxi service in San Francisco and Los Angeles, facing challenges such as high operational costs and regulatory scrutiny while aiming to enhance public trust through safety measures.
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