ASML’s Shares Tumble as Third-Quarter Results Disappoint, Losing Top European Tech Valuation
October 18, 2024 – Dutch lithography giant ASML has experienced a significant drop in its share price following the premature leakage of its financial report, which indicated a substantial decline in performance. The company’s stock plummeted by 15.6% on October 15th and further fell by 5.1% on the 16th, closing at 633.9 euros. Consequently, ASML…
Apple Faces Spotify CEO’s Ire Over ‘Farce’ of DMA Compliance, EU Action Sought
February 27, 2025 – Spotify CEO Daniel Ek has expressed his dissatisfaction with Apple’s current compliance with the European Union’s Digital Markets Act (DMA), urging EU regulators to take swift action against the tech giant. In a recent interview with Bloomberg, Ek slammed Apple’s compliance efforts as a “farce” and accused the company of employing…
Sony’s Bold Move: Acquiring Bandai Namco to Rival Microsoft’s Gaming Power Play
October 16, 2023 – In a surprising turn of events, AlexSmitk, a former developer at Sony Interactive Entertainment’s (SIE) first-party game studio Bend Studios, made revelations on the X platform yesterday. He claimed that Sony is planning to acquire Bandai Namco to counter Microsoft’s acquisition of Activision Blizzard. Earlier this year, Sony’s current CEO, Jim…
Microsoft Aims to Bolster AI Capabilities with $80 Billion Data Center Investment
January 4, 2025 – Microsoft has unveiled an ambitious plan to invest $80 billion in the 2025 fiscal year towards building data centers capable of supporting the computational demands of artificial intelligence. According to Brad Smith, Microsoft’s Vice-Chair and President, over half of this expenditure is expected to be allocated to the US market by…
Jeep CEO Announces Upcoming Release of Gladiator 4xe Hybrid Model
May 06, 2024 – Recent news has announced that Jeep CEO Antonio Filosa declared the upcoming release of the Jeep Gladiator 4xe hybrid model next year, albeit without divulging further specifics about the vehicle. In light of Jeep’s recent introduction of the 2024 Wrangler 4xe, and considering that the “Gladiator” is essentially a pickup truck…
Elon Musk Steps Down as Twitter CEO, Assumes New Roles as Chairman and CTO
May 12, 2023 – In a surprising announcement on Thursday, Elon Musk revealed on social media that he would be stepping down as the CEO of Twitter. Instead, he will be taking up the roles of Chairman and Chief Technology Officer, overseeing product development, software, and system advancements. Musk mentioned that a female executive would…
Apple’s New AI Chatbot Asa Unveiled to Boost iPhone Sales Among Retail Staff
September 1, 2025 – According to screenshots shared by MacRumors analyst Aaron Perris today, Apple has rolled out a new AI chatbot named Asa to its retail staff. This chatbot is designed to assist employees in gaining a deeper understanding of Apple’s strengths and exploring various use cases for iPhones, among other things. Employees have…
Intel’s Next Gen Core Ultra Processor: 4.8GHz at 22W Using Intel 4 Process Technology
August 29, 2023 – In an era of rapidly advancing technology, Intel is poised to unveil its latest marvel next month: the groundbreaking Core Ultra processor codenamed “Meteor Lake.” Drawing on insider insights from sources close to the semiconductor industry, a sneak peek into the processor’s capabilities reveals a remarkable feat of engineering. Whispers from…
Steam Hits New High: Over 39 Million Concurrent Users Online
December 9, 2024 – Steam, the PC gaming platform owned by Valve, has set a new record with over 39 million concurrent online users, peaking at 39,205,447 today. This figure represents an increase of 839,815 users compared to the 38 million users recorded three months ago. In the past 24 hours, the most popular game…
Tesla’s Revival Plans for Shanghai Phase Three Factory Construction
December 07, 2023 – Tesla is reportedly planning to revive the construction of its third automotive factory in Shanghai. According to sources close to the matter, Tesla initiated preparations for the construction of the third phase of the factory in 2021, forming teams for the project. However, progress was halted in the middle of last…