electric vehicle Archives

Winsage

May 20, 2025

Trending tickers: The latest investor updates on Microsoft, Pfizer, Foxconn, CATL and Vodafone

Microsoft unveiled a vision for AI agents at its annual Build conference, highlighting their potential to operate across various contexts and enhance productivity. The company announced the availability of Grok 3, an AI model from Elon Musk's xAI, on its Azure AI Foundry marketplace. Microsoft shares closed up 1% on Monday. Pfizer entered an exclusive licensing agreement with 3SBio for an experimental cancer treatment, SSGJ-707, with an upfront payment of 4 million and potential additional payments of up to .8 billion. Following the announcement, shares of 3SBio surged over 32%. Foxconn plans to invest nearly .5 billion in its Indian operations, acquiring shares in Yuzhan Technology India as Apple shifts some iPhone assembly from China to India. Contemporary Amperex Technology Co Limited (CATL) shares rose 16.4% in its market debut, raising billion in the largest IPO of the year. Vodafone reported a full-year operating loss of €411 million, down from a €3.67 billion profit the previous year, attributed to non-cash impairment charges. Despite this, Vodafone launched a €2 billion share buyback program, leading to a 1.6% increase in its shares.

Tech Optimizer

October 29, 2024

Timescale expands open source vector database capabilities for PostgreSQL

Timescale is enhancing its open-source database platform with AI capabilities, focusing on time series database technology built on PostgreSQL. The company has introduced the pgai Vectorizer developer tool, allowing users to create and synchronize embeddings within the database, facilitating generative AI applications. Timescale's vector capabilities were advanced with the pgvectorscale and pgai initiatives launched earlier this year. The integration of time series and vector data is seen as a significant trend, with organizations increasingly leveraging both functionalities. The pgai Vectorizer simplifies embedding management using SQL commands and supports the testing and deployment of AI models. Timescale's pgvectorscale extension aims to improve performance and scalability compared to the existing pgvector extension. Both the pgai Vectorizer and pgvectorscale will remain open-source, contributing to a growing community of users. The company plans to expand its AI strategy beyond Retrieval Augmented Generation (RAG) to include agentic AI for vector database operations.

AppWizard

September 26, 2024

Samsung adds Hive smart thermostat control to SmartThings home hub app

Users of the SmartThings app can remotely control thermostats and automate connected appliances to optimize electricity usage during peak hours as part of British Gas’ PeakSave scheme, which offers discounts for reducing energy consumption during high-demand periods. The app will intelligently adjust appliance operating modes, allowing users to benefit from times when electricity is cheaper due to renewable energy availability. Samsung is expanding its collaboration with Tesla in the UK, enabling Tesla electric vehicle owners and those with Powerwall batteries, Solar Inverters, or Wall Connectors to manage their devices through the SmartThings app. Samsung's chief customer officer emphasized the need for enhanced energy consumption controls as winter approaches, while Hive's managing director expressed excitement about the partnership aimed at promoting a greener future for customers.

Tech Optimizer

September 19, 2024

Works complete on large logistics warehouse in Poyle Industrial Estate

Panattoni has completed an 80,000 square foot warehouse for last-mile deliveries near Heathrow Airport. The project, developed on a speculative basis, received planning consent from Slough Council in December and construction began in February. The facility, named Panattoni Poyle 80, is located in the Poyle Industrial Estate and spans approximately 12,000 square meters. It is a net-zero carbon development with a BREEAM rating of 'Excellent' and an energy efficiency rating of 'A'. Key features include a 50-meter service yard, five loading dock doors, two ground-level access doors, a height of 12.5 meters, and 37 parking spots with 20% equipped for electric vehicle charging. The warehouse is strategically positioned near junction 14 of the M25, providing access to Heathrow Airport, making it attractive for businesses in e-commerce and distribution. Letting agents for the facility are DTRE and ACRE Capital Real Estate.

AppWizard

September 6, 2024

Android Auto app design limits raise regulatory flags

Google has faced regulatory scrutiny in the European Union regarding its Android Auto application templates, which have been criticized for favoring its own navigation services over third-party apps. The Italian app JuicePass, designed for electric vehicle charging, encountered difficulties launching on Android Auto due to these restrictive templates, leading to legal challenges and a 2021 penalty against Google. The EU Court Advocate General has suggested that Google's practices may breach competition rules. Although Google has started to relax some restrictions on Android Auto apps, JuicePass remains unavailable, with Google initially citing security concerns for its absence.