Apple reportedly looking to buy Cobalt directly from miners. The metal is used in lithium-ion batteries in Apple's devices, but it can also power electric vehicles. Shares of Apple up half a percent on Wednesday. Inverse Technology Reporter Mike Brown explains how this move might help Apple further its dominance in the tech space.
"There's a race at the moment for supplies over the coming few years," says Brown. Electric vehicles use about 1,000 times as much Cobalt as smartphone devices.
"It would be the first time Apple secured its own Cobalt supply so it could help to re position itself as a company, rather than going to factory manufacturers that deal directly with suppliers itself," says Brown.
Electric car maker Tesla is recalling certain Model 3s because a coaxial cable for its backup camera can become worn and fail to transmit to the driver’s main console.
Carlo and Baker cover the news on the Ghislaine Maxwell verdict, the ongoing COVID-19 closures, and the decade-long divorce proceeding of Schwarzenegger and Shriver.
Riot Games, the publisher behind esports giant “League of Legends,” agreed to pay $100 million to settle a class-action lawsuit alleging pay disparity, gender discrimination and sexual harassment.
For video games, 2021 was about growth and the arrival of new frontiers, like the metaverse and NFTs. But, the sector also struggled with lingering problems that cast a pall over the entire industry, from supply chain constraints to the persistent issue of workplace misconduct.
Small businesses are finding a lifeline for marketing and sales in getting eyeballs on their products and services via TikTok and Instagram. Senior reporter Michelle Castillo reports.
While calls for more crypto education are common in an industry that is often explaining itself, the idea that everyone should be learning more about crypto is beginning to spread.
The U.S. has opened a formal investigation into the potential for Tesla drivers to play video games on a center touch screen while the vehicle is in motion.
Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects.
Snapchat has become the focus of a police investigation after a number of flash mob robberies in the Bay Area allegedly were linked to the social media platform.
