Microsoft’s 2025 Q4 Net Profit Surges to $27.2 Billion with 24% YoY Growth
July 31, 2025 – Microsoft has just unveiled its financial results for the fourth quarter and the entire 2025 fiscal year. The company’s performance in the fourth fiscal quarter was quite impressive, with revenues reaching 76.441billion,markingan1827.233 billion, a significant 24% jump year – on – year, and diluted earnings per share also rose by 24%…
BMW Recalls 720,000 Vehicles in US Over Fire Risk
August 22, 2024 – BMW has initiated a massive recall in the United States, affecting over 720,000 vehicles equipped with faulty water pumps. These automobiles were manufactured between 2012 and 2018. According to a recall notice issued by the National Highway Traffic Safety Administration (NHTSA), fluids from the positive crankcase ventilation system may accumulate on…
ByteDance Refutes Acquisition Rumors: No Oracle-Led Consortium Deal for TikTok US
July 8, 2025 – A week ago, Bloomberg reported that ByteDance was in talks with a consortium consisting of Oracle, Blackstone Group, and venture capital firm Andreessen Horowitz regarding the potential sale of TikTok’s U.S. operations. In response to this news, ByteDance told Yicai Global today that the report was false and that no agreement…
Samsung Hints at Upgrading Bixby with Generative AI Capabilities
April 01, 2024 – In a recent interview with CNBC last month, Won-joon Choi, the Executive Vice President of Samsung’s Mobile Business, hinted at a potential upgrade for the company’s virtual assistant, Bixby. The South Korean tech giant is reportedly exploring the integration of Generative AI capabilities, similar to those found in ChatGPT, into its…
Google’s First Foldable Smartphone, the Pixel Fold, to Launch in Q4 2023
May 02, 2023 – Google’s first foldable smartphone, the Pixel Fold, is expected to hit the market in the fourth quarter of 2023 with a price tag of $1799. According to the latest renderings shared by tech blogger @TechCat, the Pixel Fold will feature a horizontally folding design similar to Samsung’s Galaxy Z Fold4. The…
Samsung Electronics in Line to Receive Over $6B in U.S. CHIP Act Subsidies
March 15, 2024 – According to Bloomberg reports, Samsung Electronics is poised to receive over 6 billion USD (approximately 43.2 billion CNY at current rates) in subsidies from the United States under the CHIP Act. The South Korean tech giant is currently constructing a new facility in Texas and had initially planned to commence production…
Microsoft and Alphabet Top the 2024 Forbes Best Employers List, Samsung Electronics Drops to Third
October 11, 2024 – Forbes magazine has recently unveiled its 2024 list of the Best Employers, with Microsoft, Alphabet (the parent company of Google), and Samsung Electronics occupying the top three spots. This prestigious ranking was determined through a comprehensive survey conducted by Forbes and the German polling agency Statista. The survey reached out to…
Matt Garman Named as Successor to Adam Selipsky, AWS’s Prolific CEO
May 15, 2024 – Amazon Web Services (AWS), the cloud computing arm of Amazon, is poised for a new era of leadership following the announcement by Andy Jassy, CEO of Amazon, that Adam Selipsky, the current CEO of AWS, will step down from his post after a three-year tenure. Selipsky, aged 57, who has been…
SpaceX Secures $6.1B NASA Mission: Guiding the ISS to a Safe Pacific Ocean Splashdown
June 28, 2024 – SpaceX Wins Lucrative NASA Contract to Safely Deorbit the Aging International Space Station into the Pacific Ocean In a significant milestone for space debris management, SpaceX has been awarded a lucrative $843 million contract by NASA to oversee the safe deorbiting of the 24-year-old International Space Station (ISS) into the Pacific…
The Evolution of AI PCs: Microsoft and Intel’s Vision for the Future
March 31, 2024 – Recently, Microsoft and Intel jointly unveiled the definition of an AI PC: it must be equipped with a hybrid architecture chip, Copilot, and its corresponding physical button. However, the fact that all PCs upgraded to the latest Windows 11 version can use Copilot has led some to question whether the current…