A smartphone, costing just KES 14,000, was launched this week in Kenya. Publisher Techweez was shocked by the price saying: “Wow! This is huge for features.» Around the world, Ukraine officially chooses AI as the country’s spokesperson while Satya Nadella tours Asia. Here are some highlights of the technology news from the past week.
Tesla’s woes persist
The expected growth of the electric vehicle market is not looking good. During the first three months of 2024, sales of electric vehicles fell significantly. American automaker Tesla suffered a 36% decline compared to the same period in 2023. The company’s woes are evident in many of its stocks, with the company’s share price falling by more than 25% since January.
To start, You’re here reduced its prices to boost sales. This week it announced it was laying off 14,000 workers, or 10% of its entire workforce, to improve margins. In a confusing move, Tesla announced it was laying off its entire workforce working under the much-vaunted regime. compressor network.
This news came the same week that the company announced that it stop trying to develop its gigacasting technology. Gigacasting is high-pressure forming for one-piece car chassis. The innovation uses huge presses to die-cast large sections of the car’s underbody by cutting the underbody in one piece. Instead, the automaker will stick to the traditional three-part underbody construction: two gigacast front and rear sections and a midsection made of aluminum and steel frames.
Microsoft’s AI charm offensive in Asia
Executive Chairman and CEO of Microsoft Satya Nadella was in Malaysia this week, where he met with the country’s Prime Minister, Anwar Ibrahim. After Thursday’s meeting, Microsoft announced that it would invest $2.2 billion over the next four years in Malaysia. Microsoft’s biggest investment in the Asian country will focus on developing cloud and AI infrastructure. The Malaysian government and the tech giant will work together to create a national center of excellence in AI, aimed at strengthening the country’s cybersecurity capabilities.
Before visiting Malaysia, Satya was in Jakarta, Indonesia. He promised here that Microsoft would invest $1.7 billion over the next four years. This investment will also focus on the growth of cloud services and artificial intelligence in Indonesia. Microsoft has committed to training 2.5 million people in South Asia by 2025. In other tech news this week, the company announced plans to invest $2.9 billion in infrastructure cloud in Japan and a $1.5 billion investment in the United Arab Emirates.
Apple’s sharp decline in sales
Compared to its big tech peers, Apple shares are down. The company saw a 10% drop in its stock price in the first quarter of 2024. Its flagship product, the iPhone, which accounts for 50% of the company’s revenue, also saw a 10.4% drop. of its sales. In China, research firm Counterpoint reports that iPhone sales fell to 15.7% market share in the first quarter, compared to 19.7% in 2023. In contrast, Huawei, supported by the launch of the Pura series, saw its sales jump by 70%.
During the week, Apple published his income report. iPhone revenue fell 10%, iPad revenue fell 17% and wearable sales fell 10%. However, the bright spot was the Services segment, which jumped 14%. Mac revenue also increased slightly, at 3.9%. Overall, Apple’s revenue fell 4% to $90.8 billion.
Google moves its core teams abroad
Core Systems and Google Experience (CSE) serves as the basis for the company’s flagship products, ensuring users’ online security and maintaining a robust global IT infrastructure. In a staff circular this week, the company announced the layoff of 200 members of its California-based core team.
Going forward, core team members will be primarily based in India and Mexico. Google says the relocations aim to bring it closer to “our partners and developer communities” abroad, in its key markets such as India and Brazil.
Ukraine chooses AI as official spokesperson
In their quest to win wars, countries try hard, but Ukraine’s latest move comes as a surprise. The European country launched Victoria Shi on Wednesday. Victoria Shi is a spokesperson for IA who will make statements on behalf of his Ministry of Foreign Affairs. Ukraine says this is a technological leap that no diplomatic service in the world has yet achieved. Furthermore, the country claims that this innovation aims to save time and resources for the country’s diplomats.
This phone is a bargain at KES 14,000
Perhaps the most eye-catching technology news, Itel announced its latest flagship product for 2024 – the Itel S24. The Itel S24 is a refresh of the flagship S series and succeeds last year’s Itel S23 and S23+ smartphones.
Itel S24 has an impressive future. It features a 6.7-inch HD+ LCD display offering 720p resolution, 500 nits peak brightness, and 90Hz refresh rate. Under the hood of the S24 is the MediaTek Helio G91 Ultra chipset paired with 8 GB of RAM and 256 GB of storage. It comes with Android 13 and Itel OS 13. In Kenya, you can get it for just KES 14,000.
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