Welcome to AdFeeder’s web Wednesdays, your weekly dose of the latest news and stories that have caught our eye. From technology news to the latest vehicle releases and everything in between, we aim to bring you a quick run down of what you need to know each week.
We’ve finally made it to the last week of February, but there’s no let up in the exciting news from the world of tech and automotive!
Hyundai unveil a brand new EV
First we head to South Korean car maker Hyundai, who joined the EV party with this, the Ioniq 5. It’s a bold new step for them, designing a car that looks both fresh from the future but also with styling cues reminiscent of an old Citroen or BMW. According to Hyundai, the front grille is based on the Hyundai Pony, released back in 1970.
Thankfully, there’s substance to go along with the impressive styling, boasting twin electric motors that silently rocket it to 60mph in just 5.3 seconds. What’s equally impressive is its quoted range: up to 292 miles from both engine variants, as well as the ability to charge from 10% to 80% in just 18 minutes, thanks to its ultra-rapid charging system. The Ioniq 5 is set to arrive in ‘early 2021’, exciting times!
Apple can’t stop buying new businesses
Now we all know tech giant Apple likes to invest and purchase innovative ideas or businesses before anyone else can get their hands on them, but have you ever wondered just how many they have bought over the years?
Apple’s CEO Tim Cook revealed that they have acquired around 100 companies over a six year period, working out at one every three to four weeks! After bringing in £78.7bn, the first quarter of 2021 has seen Apple’s largest quarterly revenue figures of all time.
Apple’s largest acquisition in the last decade was its $3bn purchase of Beats Electronics, the headphone maker founded by rapper and producer Dr Dre. Another high profile purchase was music recognition software company Shazam, for $400m in 2018.
Most often, Apple buys smaller technology firms and then incorporates their innovations into its own products, as well as investing in back-end technology that wouldn’t be so obvious to the everyday iPhone or Macbook user.
Confirmed: Netflix’s F1 Drive to Survive is back!
F1 fans rejoice, Netflix have finally revealed the next season of F1: Drive to Survive is arriving on March 19th! After weeks of rumours and speculation, the network giants finally broke the silence and announced it earlier this week. With such an action packed season, we’re not sure which episode we are most excited about!
GTO Engineering’s latest project heads to production
Since revealing the renderings and specifications to eager customers for its Moderna-codenamed project, GTO Engineering has confirmed a pivotal development stage has been completed for its new car, and confirmed production.
Keeping to the promise that its new car will be a celebration of the best of Sixties motoring with a modern and motorsport-derived engineering twist, the quad-cam V12 engine that will be at the heart of GTO Engineering’s all-new vehicle is getting closer to being finalised and built. Likewise, the outer design modelling is about to commence as the team finalises the drawings of the body shell, which still maintains a mix of modern and period features as seen in the initial sketches.
This is a monumental task to take on, but one that we are certain will pay off and we cannot wait to see the final versions!
Elon Musk is no longer the richest man in the world
It has also been revealed this week that Elon Musk is no longer the richest man in the world, all thanks to that risky investment into Bitcoin.
Tesla shares have tumbled more than 20% since hitting a high of more than $880 in early January. They suffered especially steep falls this week, tied to the firm’s recent risky $1.5bn investment in Bitcoin.
The drop returned Amazon boss Jeff Bezos to the top spot on the rich list!
Elliot is our resident tech-lover and petrolhead, who is in charge of spreading AdFeeder to the masses! Having previously worked with brands such as Porsche and BMW, Elliot specialises in content creation and social media.