BMW Targets 8,000 Job Cuts With New Voluntary Severance Package

Texas Electricity Demand Could Quadruple Due To Soaring Data Center Demand: ERCOT Peak demand in the Electric Reliability Council of Texas (ERCOT) territory could more than quadruple to 367,790 MW by 2032, driven primarily by data centers as well as other large load customers, the grid operator said in a preliminary forecast published Wednesday and noted by Utility Dive. Source: ERCOT ERCOT, which serves most of Texas, set its current peak demand record of 85,508 MW in August 2023.  The forecast is based on ERCOT’s economic forecasts as well as information provided by utilities working...

Military Contractor's Spy Aircraft Quietly Flying Southern Border On Mysterious Mission The Pentagon says it does not discuss contractor support to particular missions. The gear aboard mimics cell towers. Private military contractor Metrea has spent months quietly operating two surveillance-equipped aircraft along the U.S.-Mexico border, according to the Arizona Mirror. Via the Arizona Mirror The planes have traversed Arizona, New Mexico and Texas, circling at high altitude over border cities including Bisbee and Douglas in Arizona, and Laredo and El Paso in Texas. Metrea holds multiple contracts with the U.S. military, including a $5.7...

Apple's $2,000 Foldable iPhone Could Sell 6 Million Units, Counterpoint Says Counterpoint senior analyst Ivan Lam expects Apple to sell about 6 million units of its first foldable iPhone this year. The estimate offers an early sentiment gauge of potential demand for Apple's first-ever foldable handset, priced at roughly $2,000. The iPhone Duo sales forecast hinges on Apple's ability to ramp up production, Lam said, according to Bloomberg News. The new foldable iPhone is scheduled for release in October. Separately, market research firm IDC expects global foldable shipments to rise 13% to...