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Elon Musk

Elon Musk to unveil Tesla’s ‘Master Plan 3.’ What to expect for us?

Elon Musk, the CEO of Tesla, said on Twitter on Wednesday that he will unveil the eagerly anticipated Master Plan 3 on March 1 at the company’s investor day.

Tesla announced it will discuss its next-generation vehicle platforms at the forthcoming investor day, which will be held at its gigafactory in Texas. Elon Musk has said that these platforms would result in a car that costs around half as much as Tesla’s current vehicle underpinnings. The session will be broadcasted live.

Elon Musk
Image Source: hypebeast.com

The company said that some retail and institutional investors will be welcome to attend in person. According to the company, investors will be able to tour its manufacturing facility and speak with members of the leadership team about issues such as the company’s long-term expansion goals, its generation 3 platform, and capital allocation.

Also Read: Tesla is getting cheaper. Is it a good move by Elon Musk?

Musk originally made vague promises to increase Tesla operations to “extreme size” in his Master Plan 3 hints from last March. He also touched on issues like AI and said that his other companies, SpaceX and The Boring Company, would be a part of this next phase of the plan.

On Wednesday, there was a new update. He tweeted, “Master Plan 3, the path to a fully sustainable energy future for Earth will be presented on March 1.”

In 2006, Musk published a blog entry on Tesla’s website explaining what he referred to as the Master Plan. The four-step approach began with the development of a high-priced, low-volume vehicle, and then used the proceeds to fund the creation of a medium-volume, lower-priced car.

An affordable, high-volume car would be produced with the money made from the medium-volume car. The plan concluded with the phrase “provide solar power.”

Part two, or Part Deux, was introduced in 2016 with the goal to “create stunning solar roofs with seamlessly integrated battery storage,” expand Tesla’s EV product line to include all key market segments, and provide self-driving technology that is ten times safer than manual.

Also Read: Why is Meta shutting down Echo VR?

The plan also claimed that owners will be able to use ride-sharing to leverage self-driving technology and profit from their unused vehicles. In part two, Tesla did not check off all the boxes. The Cybertruck, which is apparently a part of the strategy to extend the EV line of products, has not yet been released.

Despite the branding, its advanced driver-aid technology does not drive itself, so owners cannot convert their cars into money-making robot axis. Musk appears to be prepared to continue with Part 3 anyway.

Last year, Tesla shares experienced their worst yearly performance as a result of Musk selling Tesla shares to pay for his acquisition of Twitter and other shareholders losing faith in his commitment to the automaker, whose sales growth fell short of expectations.

chatgpt

Can ChatGPT assist Microsoft in dethroning Google Search?

By incorporating ChatGPT into its Bing search engine, Microsoft is hoping to unseat Google as the dominant search engine. That is stated in a recent report from The Information, but will the risk be worthwhile?

Despite ChatGPT’s recent November 2022 launch, its uncanny realism has caused it to become popular among both the general population and artificial intelligence experts.

chatgpt
Image Source: bdtechtalks.com

Users have been utilizing it to write articles, create code, and create musical scores since they can enter any prompt they can imagine and get back something that closely resembles human-generated writing.

According to the Information, the Redmond-based corporation is attempting to introduce a new edition of Bing that uses ChatGPT technology to respond to user questions.

Also Read: Microsoft Considers $10 Billion Investment in ChatGPT Creator

Interestingly, the report asserts that this may be accomplished in a manner distinct from the standard list of links and text excerpts that users receive from any search engine presently.

Though the specifics of Bing’s AI-powered search results are still unknown, they most likely won’t significantly differ from current practices given that ChatGPT isn’t intended to be a search engine.

According to StatCounter, Google currently holds a nearly insurmountable lead among search engines, devouring 92.5% of the worldwide market. With only 3% of the market, Bing is mired in second place, making Google’s dominance glaringly obvious. Google is allegedly still concerned.

According to a December 2022 New York Times article, Google management had issued a “code red” alert in reaction to the release of ChatGPT because it posed a threat to the company’s hegemony and revenue.

And ChatGPT isn’t the sole AI that might put Google’s position as the industry leader in danger. There are also additional contenders for the title of best AI, including Google’s own LaMDA and BlenderBot from Meta.

Microsoft has included AI in its offerings in the past, in addition to ChatGPT. The corporation declared in 2022 that it would integrate the DALL-E 2 picture bot into its Designer application and Image Creator tool in Bing.

Microsoft invested $1 billion in OpenAI, the company that created both DALL-E 2 and ChatGPT, leading to the development of both of these connections. Microsoft will consider its investment success if it ultimately manages to topple Google from its lofty heights.

Also Read: China’s Baidu to launch ChatGPT-style bot in March

ChatGPT is an OpenAI project that is built on top of the GPT-3 autocomplete text generator.ChatGPT is an OpenAI project that is built on top of the GPT-3 autocomplete text generator. On OpenAI, a demo of the chatbot was made accessible in late November (login required).

In addition to producing AI-generated material like music and poems, ChatGPT can accurately answer trivia questions. The AI’s capacity to assist with code debugging is another characteristic that might make it the perfect GitHub Copilot companion.

However, there are numerous reports claiming that ChatGPT frequently provides incorrect but plausible replies. Stack Overflow briefly banned the chatbot last month as a result of this uncertainty.

Echo VR

Why is Meta shutting down Echo VR?

The critically acclaimed virtual reality game Echo VR will be going down in August, Meta announced last week. Since then, previous Meta consulting CTO John Carmack and Meta CTO Andrew Bosworth have both provided additional information about the shutdown.

The multiplayer VR-based game’s developer, Ready At Dawn, said on Tuesday that the game will be ending on August 1st, 2023 in a piece on Medium. According to the statement, gamers can play to their hearts’ content for the time being, buy the game, and re-download it.

Echo VR
Image Source: fossbytes.com

However, the article stated that following that, the game’s servers and services would be turned off. Echo Points can still be used by players up until that point, but there will be “no refunds on in-app purchases, DLC, and in-game currencies,” according to the post.

The creator of Echo VR, Ready at Dawn, has given a clue that it would be concentrating on the future. The Echo VR development team stated in a blog post on the closure that “by no means was this decision made lightly.

Also Read: When does Hogwarts Legacy come out?

But it was made for many good reasons and chief among them is the studio coming together to focus on our next project. We can’t say anything about it yet, but we are all excited and need all hands on deck.”

According to UploadVR, Bosworth stated in an Instagram AMA that while the player base of Echo VR was “loyal as all get out,” it has decreased to the “low ten thousand.” He noted, “Unfortunately, keeping things alive takes work.

This is not like a return on investment money standpoint; it’s just those resources could be put to other uses that I think will be useful to the now tens of millions of people who are in VR.” Additionally, he said that certain “regulatory constraints” in Meta make maintaining the game more expensive.

The servers for Echo VR will continue to run until 1st August at 1 PM ET, after which time they will cease to exist entirely. While one would have thought that Meta would make it playable in a way similar to how Velan Studios is making Knockout City available, Bosworth appears to be ruling that out.

Echo VR has rapidly risen to the level of an e-sport in recent years. According to the Oculus website, Echo VR may be used with the Meta’s Oculus Quest, Quest 2, Meta Quest Pro, and Rift S devices.

Also Read: Why Apex Legends Mobile is shutting down?

After donning their headsets, participants are transported into a zero-gravity arena where they engage in robotic combat using a combination of gaming prowess and athletic prowess. According to The Verge, the game was one of the centerpieces of the Oculus Quest and Rift S launches.

Following the launch of the Meta Quest (formerly Oculus Quest) and Rift S, Facebook acquired Ready At Dawn in 2020, establishing Echo VR as one of the company’s flagship games

Hogwarts Legacy

When does Hogwarts Legacy come out?

This year will see the release of Hogwarts Legacy, a fresh adventure based in the Wizarding World of Harry Potter’s past, on all major gaming devices, notably Nintendo Switch, PlayStation 5, PlayStation 4, Windows PC, Xbox Series X, and Xbox One.

Hogwarts Legacy will be released over the span of six months, as opposed to many games where the aim is to debut across all platforms simultaneously. On February 10, the Windows PC, Xbox Series X and PlayStation 5 editions of Hogwarts Legacy will be made available for purchase.

Hogwarts Legacy
Image Source: hogwartslegacy.com

The regular PC edition of the game costs $59.99, while the PS5 and Xbox Series X versions cost $69.99. Hogwarts Legacy’s Deluxe Edition, which retails for $79.99 on Xbox Series X and PS5 and $69.99 on PC, grants gamers 72 hours of priority access to the game, allowing them to start playing it on February 7.

The Deluxe Edition also comes with something called the Dark Arts bundle, which offers access to the Dark Arts Battle Arena as well as various cosmetic items and amount. On April 4, Hogwarts Legacy will be made available on PS4 and Xbox One. The Xbox One and PlayStation 4 versions do not have an early access period.

Also Read: Why Apex Legends Mobile is shutting down?

On July 25, Hogwarts Legacy for the Nintendo Switch will be made available. According to the game’s official Twitter account, Hogwarts Legacy’s 72-hour early access period for Xbox Series X PS5 will officially begin at 12 am on Feb. 7 in every region.

According to the game’s official Twitter account, standard digital versions of this game for Xbox Series X and PS5 will open and be playable at midnight on February 10 in all regions.

On February 7, it will also be available in its lavish, physical Collector’s Edition, allowing dedicated Harry Potter enthusiasts with big budgets to enjoy the game early. The Hogwarts Legacy Collector’s Edition is technically available for pre-order on PC for $289.99, Xbox Series X, and PlayStation 5 for $299.99.

The Collector’s Edition is also available for $289.99 for PS4 and Xbox One, though those copies, like those for the other previous-generation consoles, won’t be released until April. Warner Bros. does not offer a Collector’s Edition of Hogwarts Legacy on the Nintendo Switch.

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An open-world action-RPG game called Hogwarts Legacy is situated in the Harry Potter wizarding realm. There won’t be many recognized faces because the Hogwarts Legacy is confirmed to take place in the 1800s, a historical period that is several years prior to any of the other novels, movies, or video games.

The ability to construct one’s own fifth-year student, select one’s House and Wand, and then enroll in Hogwarts classes will let users use that knowledge to venture beyond the castle gates and engage in battle with other spellcasters and various fantastical creatures. Since Hogwarts Legacy is marketed as a comprehensive RPG, there will undoubtedly be a tonne of characters and allies to encounter along the journey.

apex legends

Why Apex Legends Mobile is shutting down?

For years, Need for Speed, FIFA, and Apex Legends have been produced by Electronic Arts and its affiliates for consoles, personal computers, and mobile devices. Since its release last year, the battle royale shooter Apex Legends Mobile has gained popularity.

In fact, it most recently took up the Google Play Store’s prize for the best overall game. However, the game has struggled to maintain its momentum in terms of user growth and popularity.

Image Source: beebom.com

Apex Legends Mobile is sadly being discontinued by the corporation, and it hasn’t even been around for a year. For the following three months, gamers can still access the game and fight their final battles. Additionally, the company has decided to stop working on Battlefield Mobile, a move that suggests mobile FPS games aren’t as popular as they once were.

Also Read: The iPhone may get a microLED display. What does that mean?

Apex Legends Mobile was first released in May 2022 by Lightspeed & Quantum Studios, a Tencent company, and Respawn Entertainment, which is owned by EA. It was made more accessible by the game’s ability to play Apex on devices other than computers and gaming consoles. Just before its first anniversary, on May 1st of this year, Apex’s developers declared a suspension for the mobile edition in a recent post.

The official shutdown is scheduled to begin at 7 PM ET. According to The Verge, gamers will not be able to make any more in-app purchases after Tuesday at 4 PM ET. Unfortunately, the creators have no intention of issuing refunds for any already placed transactions. It is recommended that users use any remaining in-game currency and play the game as much as possible while it still exists.

Players enthusiastically embraced the release of Apex Legends Mobile, according to EA’s announcement. The future battle royale game had two mobile-only legends (characters) and frequent updates that enhanced the characters’ skills and introduced new game modes, but it was shut down due to the content stream falling short of quality standards.

Also Read: Why are so many tech companies laying people off right now?

The decision to shut down Apex Legends Mobile ultimately came down to money because the company’s finances were being negatively impacted by the rapid spike and decrease in player numbers. After a certain point, investing further in fresh Apex Legends Mobile content to draw and keep players became unfeasible for EA and its partners.

We can probably safely predict that the firm won’t start extensively promoting mobile shooters anytime soon. Therefore, before the doors permanently close, be sure to stay in touch with all of your Apex Mobile pals on other platforms in the upcoming three months.

The studio expresses its continued optimism for “mobile as a platform” in a blog post and states that it “looks forward to new opportunities to serve players there in the future.” Players can use their existing Syndicate Gold to play the game without any problems, but they won’t be able to perform any in-app purchases that cost real money.

Sam Walton

The Success Story of Sam Walton: Founder of Walmart

Sam Walton, an American business tycoon, is most known for establishing Walmart and Sam’s Club in 1962 and 1983, respectively. Wal-Mart Stores Inc. expanded to become both the largest private employer and the largest company in the world by revenue.

Sam Walton
Image Source: forbes.com

Walton formerly held the title of the richest person in America. His family has maintained its position as the wealthiest in the United States for a number of years running, with a net wealth of over $240.6 billion as of 2022.

Early Life

Sam Walton made the decision to join the US Army Intelligence Corps in order to serve his country. He was a Captain who was stationed in Salt Lake City, Utah. Sam spent three years at his job in the military.

Also Read: Journey of Databricks from Academia To A $6.2 Billion Business

Sam Walton made the decision to start a store selling inexpensive products after leaving the military. He made certain that there was always fresh food on the shelves. With the aid of a $20,000 borrowing from his father-in-law and $5,000 in savings from his time in the military, he was able to launch the business.

On April 5, 1992, the day after Walmart celebrated its 30th anniversary, Sam Walton passed away. There were 1735 stores globally, with $5 billion in yearly sales, at that time.

Success Story

In 1945, Sam Walton acquired a lease on a Ben Franklin store location. His objective was to sell goods for a low price in order to increase sales at a low-profit margin. When the store first opened, it had an annual income of $105,000; by the fifth year, it had increased to $250,000.

Sam Walton had to shut down the store once the five-year lease came to an end since he was unable to extend it. Walton’s Five and Dime was the name of the new business he later founded in Bentonville. The Walmart Museum now occupies this location.

The first real Walmart shop debuted in Rogers, Arkansas, on July 2, 1962. Sam Walton’s vision for the Wal-Mart Discount Store was to stock it exclusively with goods created in the United States and provide them for low prices. Sam took sure to place his stores outside of the major cities, in the smaller communities.

Also Read: The richest man in the video game business

Due to the substantial discounts, customers never dried up at the store’s entrance. Sam wanted to ensure that common people could afford basic necessities. The respectable businessman’s desire for success became stronger with time.

He persisted in opening ever more Wal-Mart locations across America. Sam had already established 24 stores by 1967, and they were experiencing astronomical sales all throughout the country.

The business was incorporated under the name Walmart Inc. on October 31, 1969, and changed its name to Wal-Mart Stores Inc. in 1970. The massive retail store became publicly traded in 1970 and was listed on the New York Stock Exchange.

The business expanded significantly in the 1980s when sales reached $1 billion. Walton passed away from multiple myeloma, a kind of blood cancer, on 5th April 1992 (three months before Walmart celebrated its thirtieth anniversary) in Little Rock, Arkansas.