Tesla reports bumper deliveries as price cut pays off   

Here is today’s top trending technology news that every tech enthusiast should keep a tab on.

1)

Tesla reports bumper deliveries as price cut pays off   

Electric vehicle maker Tesla announced on Sunday yet another impressive delivery numbers, reporting a delivery of 466,140 vehicles in the second quarter of 2023. This is almost 10% increase from the previous quarter and 83% from the same quarter a year ago. Slashing the prices across all the leading models including Model 3 and Model Y has certainly seems to have paid off. The company estimates that the demand remained stronger in its second largest market China despite tough competition from local manufacturers like BYD. Most Analysts are now predicting that Tesla will deliver around 1.82 million vehicles for the entire year of 2023.

2)

Elon Musk puts a cap on how many tweets you can read each day

In an unexpected move, Twitter has imposed a strict limit on how many tweets users can read each day. Even though this is supposedly a temporary arrangement as has been claimed by owner Elon Musk himself. Musk said on Twitter that limits were necessary to address “extreme levels of data scraping” and “system manipulation.” This move has evoked a mixed reaction with many complaining that this move will seriously hinder users’ user-experience on Twitter and may even impact its revenue. On other hand, some argued that they are willing to put up with this limitation for the sake of making Twitter a much more secured platform.

3)

Goldman Sachs may end partnership with Apple over virtual cards

According to the The Wall Street Journal, Goldman Sachs is planning to end its not so fruitful partnership with Apple over the Apple virtual card. Apple and Goldman Sachs launched the Apple Card way back in 2019. The Apple Card was supposed to be a customer friendly card with some unique features that are not found in most other cards. However, this partnership faced many hurdles with Goldman Sachs reportedly losing over $1 Bn on the Apple Card since 2020. Apple is now reportedly in talks with the American Express to replace Goldman Sachs as its new partner for the Apple Card.

4)

Arnold Schwarzenegger praises ‘Terminator Movie’ for predicting rise of AI

Hollywood’s veteran actor Arnold Schwarzenegger, who is best known for Hollywood’s hit franchise Terminator, in his latest interview has heaped praises on Director James Cameroon and his cult movie Terminator. Schwarzenegger said that Cameroon’s movie predicted the rise of AI  way back in 1980s by showing how machines can become self-aware and eventually take over the world. Schwarzenegger added that the Terminator franchise has become even more relevant in recent years as the AI technology is becoming more and more matured. Artificial Intelligence is not “any more fantasy or kind of futuristic. It is here today.” and we need to face it, the veteran actor concluded.