Microsoft’s Ex-CEO Ballmer Tops Founder Gates in Wealth for the First Time, Ranking 6th Globally

July 02, 2024 – According to the latest data released by the Bloomberg Billionaires Index, Steve Ballmer has surpassed Microsoft co-founder Bill Gates to become the world’s sixth-richest person, with a net worth of $157.2 billion. Media reports cite two primary reasons for Ballmer’s rise in wealth relative to Gates. Firstly, Ballmer, who remains the…

Read More

Japan’s Govt Secures ‘Golden Shares’ in Rapidus for Advanced Semiconductor Tech Dominance

July 14, 2025 – According to a report from Nihon Keizai Shimbun, on the same day, Japan’s Ministry of Economy, Trade and Industry unveiled the investment conditions set by the Japanese government for the advanced semiconductor manufacturer Rapidus. Rapidus is required to issue “golden shares” to the government. This move implies that the Japanese government…

Read More

Apple Partners with OpenAI to Integrate ChatGPT into iOS 18

May 27, 2024 – According to Bloomberg’s Mark Gurman, Apple has reached an agreement with OpenAI to integrate a series of generative AI features into the upcoming iOS 18 system. This partnership is expected to be officially announced at the Worldwide Developers Conference (WWDC) 2024 next month. However, Apple is not putting all its eggs…

Read More

Intel Secures €10 Billion Subsidy from German Government for Semiconductor Plant in Magdeburg

June 19, 2023 – In a significant development, Intel has reached an agreement with the German government, as reported by Bloomberg, to receive a subsidy of €10 billion (approximately ¥78 billion or $9.13 billion) for the construction of a semiconductor manufacturing plant in Magdeburg, eastern Germany. According to anonymous insiders, German Chancellor Olaf Scholz and…

Read More

Apple’s App Store Generates $24.6 Billion in Q1 2024: An 11.5% Year-on-Year Growth, More Than Double Android’s Play Store

June 07, 2024 – According to the latest report released by market research firm Sensor Tower, the global mobile application market remained steady in the first quarter of 2024, with consumer spending reaching $35.8 billion, marking a year-on-year increase of 9.5%. Interestingly, non-gaming applications contributed significantly to this growth, experiencing a notable 19.4% surge. In…

Read More

Precision Raises 93Million,Reaching500 Million Valuation as Neuralink Competitor

November 07, 2024 – According to Bloomberg, sources familiar with the matter have revealed that Precision Neuroscience, a brain-computer interface company, is seeking to raise 100millioninfunding.Thecompanyhasalreadysecured93 million, resulting in a valuation of approximately $500 million. Precision is positioned as a rival to Elon Musk’s Neuralink. This new infusion of funds provides Precision with additional financial…

Read More