Top Tech Stories of the Week: January 1

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This week, the tech industry saw a few exciting new product launches leading up to the Consumer Electronics Show in Las Vegas starting January 5. Among them are two new sound bars from LG for immersive, hi-tech listening, the SC9 and SC6.

On the app side, TikTok has been officially banned from devices issued by the US House of Representatives following the recent proposed trillion dollar omnibus spending bill. Amazon, meanwhile, is said to be working on a new app dedicated to streaming live sports events.

Following the pattern of the past few weeks, all eyes were on Elon Musk on Twitter. Fidelity shared the company’s latest valuation report, which estimates a 56% decline between October and November.

Below, HYPEBEAST has rounded up the best tech stories of the week so you can stay up-to-date on trends in the industry.

LG announced the new soundbars for 2023

LG is looking forward to superior sound quality with its new soundbars SC9 and SC6. Set to debut at the Consumer Electronics Show in Las Vegas, the soundbars are designed for an immersive home listening experience with Dolby Atmos and wireless TV connectivity capabilities.

Both soundbars feature LG’S AI Sound Pro, tuning the sound to better suit the specific audio format. Prices for the SC9 and SC6 are yet to be shared.

Apple has reportedly scrapped the iPhone 14 Pro’s next-gen chip due to an “unprecedented” bug.

Apple’s iPhone 14 Pro could have used a completely different chip. The information He reported. Developers had intended to launch an advanced GPU that would support ray tracing on the device, but in the end they stopped the plans due to an “unprecedented error” and opted for the A16 Bionic chip.

Apple’s silicon team was overly ambitious in their goal of integrating new features into the chip, which led them to see major design flaws, such as a GPU that required too much power. The bug was caught so late in the development process that Apple had no choice but to swap out the GPU for the A16.

Tik Tok has been banned by the US House of Representatives

US agents are no longer allowed to use TikTok on government-owned devices. The passage of the No TikTok on Government Devices Act now allows lawmakers and staff to delete the app from government devices by mid-February and ban future downloads of the app.

The council’s chief executive said in an email to officials and staff that TikTok poses a security risk because of its ability to track and distribute user data, which it “poses a significant risk due to various security issues.”

Fidelity has reduced the value of Twitter by 56% in a new report

Fidelity Investments’ latest report paints a grim picture for Twitter’s post-Elon Musk takeover. In one month, Fidelity reduced Twitter’s value from $19.66 million at the end of October to $8.63 million at the end of November, a 56 percent decline. The report appears to reflect a lack of confidence in Musk’s leadership platform, but that could change once the entrepreneur delivers on his promises and brings in a new CEO.

It is reported that Amazon is planning to launch an independent sports application

Amazon is working on a standalone app to stream sports content, according to a new report. The information. Although live sports are included in an Amazon Prime Video subscription, which currently costs $14.99 a month, the move will move sports content to its own platform and likely require a separate subscription.

CEO Andy Jassey recently said Amazon will continue to invest in sports coverage despite cuts in other areas. Over the past few years, the company has made deals with the NFL, MLB and WBNA.

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