Mon. Mar 4th, 2024

TLDR: China is regulating robotaxis as the industry seeks to rebuild public trust following a serious accident involving a car operated by Cruise. Robotaxi companies are also struggling to find a realistic business model. The industry in China is being closely monitored, and the country’s players are making significant advancements in the field. The European Union plans to force Apple to allow non-App Store downloads, which could introduce new fees for the tech giant. Amazon has been fined for excessive surveillance of its workers, and AI could help develop new battery materials. Global electricity demand is expected to surge in the next three years, and China is exploiting a tax loophole to ship packages as part of its fast fashion industry.

China is imposing regulations on the robotaxi industry as it seeks to rebuild public trust following a serious accident involving a car operated by Cruise. The incident led to a loss of faith in the technology, and companies in the sector are struggling to find a viable business model.

The Chinese robotaxi industry is being closely monitored, with several companies making significant advancements. The sector is still facing challenges, however, such as regulatory approvals and technological limitations.

The European Union plans to force Apple to allow non-App Store downloads, which could result in new fees being introduced by the tech giant. This move is part of the EU’s efforts to promote competition and reduce Apple’s dominance in the app distribution market.

Amazon has been fined by a French data watchdog for excessively surveilling its workers. The watchdog found that Amazon’s surveillance system was “overly intrusive” and violated the privacy of its employees.

Artificial intelligence (AI) is being used to help develop new battery materials, potentially halving the time it takes to bring them to market. This could have significant implications for the electric vehicle industry, as it could lead to cheaper and more efficient batteries.

Global electricity demand is expected to surge in the next three years, driven by the growth of data centers, cryptocurrency mining, and artificial intelligence. Nuclear power is being touted as a potential solution to meet this increased demand.

China’s fast fashion giants are exploiting a tax loophole to ship packages, allowing them to gain a major foothold in the US market. This has raised concerns about unfair competition and the impact on local retailers.

Overall, there are many developments happening in the technology sector, particularly in China. The regulation of robotaxis, the push for non-App Store downloads, and the use of AI in battery development are just a few examples of the ongoing advancements in the industry.