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Apple ditches electric car project, shifts focus to generative AI

Apple is reportedly abandoning its decade-long efforts to build electric cars and ramping up its efforts on generative AI projects. Apple announced the plan internally on Tuesday, people familiar with the matter said. bloombergwhich rattled the roughly 2,000 staff working on the self-driving car, which was originally scheduled to be released in 2026. The decision […]

Apple scrapping electric car project

SATORI Fund Senior Portfolio Manager Dan Niles discusses Apple’s outlook for 2024 on The Claman Countdown. Apple is reportedly abandoning efforts to build electric cars after spending nearly a decade and billions of dollars on the project. To quote a person close to me, reported by bloomberg Apple internally announced on Tuesday that it was […]

Apple targeting sports enthusiasts with new app

DR Barton, a principal at Woodshaw Financial Group, analyzed the stock market ahead of its opening and revealed the hottest tech stocks for investors. Apple is targeting sports enthusiasts with its latest app. The new Apple Sports app aims to provide users with real-time scores and other data for teams competing in multiple leagues. Apple […]