Tech News collection: Apple Cars, crashing rockets and More

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Last Sunday, China launched a 23-ton Long March 5B rocket into orbit. The booster rocket’s remains have returned to Earth, landing in the Indian Ocean on Saturday. While the uncontrolled return didn’t hurt anyone, China has been criticized for not sharing the rocket’s trajectory with the rest of the world.

You may read a summary of the entire week’s tech news here if you missed any of it. In this weekly collection of tech news, we have a Chinese rocket that crashed, some terrible financial news for big tech, and a few cool new websites. Please take a moment to join our Telegram channel before we begin the roundup. You’ll occasionally receive up-to-date tech news, and we swear we won’t spam. Here is what happened in technology last week.

Highlights

  • China also made the headline for its digital Yuan this week. The country has promised privacy and anonymity to the people using digital yuan over physical currency. Other countries are also pushing toward digital currencies, but we’re yet to see if they can replace physical cash. The COVID-19 pandemic created a silicon shortage, creating a chip shortage for the tech industry. This delayed several product launches by months, if not years, and is still hitting car makers like BMW. However, innovation never stops, and Samsung showed us why. Last week, Samsung celebrated the first shipment of its 3nm chips. The company is shrinking down chip sizes, making them more powerful and less power-hungry. We can also expect to see smaller, more powerful 3nm chips in our phones in the coming year.

  • Officials in Beijing kept claiming they were closely monitoring the rocket’s crash but did not share the data with NASA or anyone else. This could’ve been dangerous as the rocket’s burning remains were estimated to rain debris over a 2,000 Km long and 70 Km wide area. Not just that, an earlier Chinese rocket crashed similarly in 2020, damaging multiple buildings along the ivory coast. Thankfully this time, there’s no reported damage.

While the Apple Car is still not official, the company’s aggressive patents and hiring of top designers and car company veterans suggest that Apple is taking it seriously. You can see the Apple Car design in some early renders here. Aside from the Apple Car, there were other major developments from the company. For starters, Apple removed another Intel component from its MacBook range. The M2 MacBook Air has custom retimers instead of the Intel retimers that used to be there. We can’t blame Apple for this change since Intel hasn’t been able to catch up with the competition lately. Not just that, there are blunders happening like a coding error slowing down Intel GPUs by 100 times.

However, as the global chip shortage sorts itself out, there’s another shortage looming overhead. The fiber-optic cable shortage has raised its prices by up to 70%, delaying the rollout of the 5G network. India, Europe, and China are the three most affected regions because of the shortage. This was undoubtedly one of the most interesting stories last week. Apple has hired an ex-Lamborghini engineer to work on the Apple Car. And this comes after the company hired top talent that has worked with companies like Tesla and Ford.

Apple Gets Patent To Make An iMac With Continuous Glass Body Stretching Monitor To Keyboard. Apple has also patented a continuous glass body design for the iMac, making the new iMac look more futuristic and portable. Lastly, the upcoming iPhone 14 has made it to the headlines again. The phone’s supply chain faces many issues, but Apple will likely deal with them before the launch Many big tech companies presented their quarterly financials last week. These include giants like Intel and Meta (Facebook). While Intel reported a 22% loss, Meta (Facebook) reported a 1% loss for the first time since its inception.

Meta’s financials come as a surprise since the social media giant had been unstoppable until last year. As data laws got tighter, Facebook’s profits drained, and now with Apple’s App Tracking Transparency feature, Facebook lost tracking rights for over 65% of iPhone users. As a result, it is reported that Facebook’s parent company, Meta, is likely to lay off 10% of its workforce in the coming days.

Almost all the tech companies have suffered some loss since data sharing laws have changed in Europe. Their inability to track users results in revenue loss, forcing them to change how they serve ads. It is healthy in the long run as the ads will look less intrusive, and you won’t have to share all your data with all your apps.

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