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THE DAILY INDEX

Technology, AI, software, security, crypto and business

GENERAL

TLDR

APPLE EXPLORES SHAKING UP ITS SMARTWATCH FOR A NEW ERA

The Apple Watch continues to attract new buyers and remains the top-selling smartwatch. However, the company's industrial design team has been exploring a broad rethink of Apple's smartwatches and is evaluating several different directions. Apple needs to adapt to the rise of screenless fitness bands and smart rings, which are cheaper, lighter, and more fun and convenient to use for many people. The company aims to inject new life into its Wearables, Home, and Accessories segment, which has struggled to generate meaningful growth in recent years.

CHINA-FREE BATTERIES MADE FROM SALT ARE FINALLY HERE

Peak Energy, a US-based startup, has raised tens of millions of dollars to build a factory for its sodium-ion battery packs. It already has more than $1.1 billion in announced deals with customers. Sodium batteries have less-intensive cooling needs than lithium-ion packs, and they are less likely to catch fire. Another US-based startup, Inlyte Energy, is working on another type of sodium-based battery that can't catch fire at all.

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