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  • Rani Molla

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Apple lowers App Store commission to 25% in China following regulator pressure

Apple is lowering its fees for in-app purchases and paid transactions to 25% from 30% in China. Source: Sherwood News.

How Tesla quietly wound up owning a small piece of SpaceX

Tesla’s $2 billion investment in xAI will be turned into a less than 1% stake in SpaceX. Source: Sherwood News.

Lucid announces Cybercab competitor and self-driving tech subscription in a bid to take on Tesla

Lucid’s vehicle has two seats and no steering wheel… a lot like another vehicle we’ve been hearing a lot about lately. Source: Sherwood News.

Tesla’s China sales jump as EV market slumps

In February, Tesla, fueled by Model Y sales, enjoyed its highest China EV market share in nearly two years. Source: Sherwood News.

Uber, which exited self-driving in 2020, is now at the center of the robotaxi era

Uber, which plans to launch a robotaxi service with Wayve and Nissan in Tokyo this year, has deals with every major AV player. Source: Sherwood…

Meta doubles down on custom inference chips after reportedly scrapping training chip

Meta wants to buy its chips and make them, too. Source: Sherwood News.

Google completes acquisition of Wiz — its biggest ever

The $32 billion cybersecurity startup purchase ranks higher than any of Google’s previous acquisitions. Source: Sherwood News.

Uber jumps on news it’s partnering with Amazon’s Zoox in Las Vegas and Los Angeles

Zoox’s autonomous vehicles in Las Vegas will be available on Uber’s app this year. Source: Sherwood News.

Tesla accelerates AI agent push as xAI’s Macrohard falters

Painting “Macrohard” on a building isn’t the same as following through on the project. Source: Sherwood News.