Meta’s Scale AI Investment Sparks OpenAI’s Decision to End Partnership
June 19, 2025 – OpenAI is in the process of winding down its partnership with Scale AI and severing ties with the data supplier following Meta’s recent collaboration with the company, a spokesperson for OpenAI informed Bloomberg on Wednesday. This move represents a significant shift from OpenAI’s earlier stance. Previously, Sarah Friar, the Chief Financial…
Apple’s Chip Chief Srouji Dispels Recent Departure Rumors
December 9, 2025 – Apple’s chip – business chief, Johny Srouji, has personally dispelled rumors about his potential departure from the company. In an internal memo obtained by Bloomberg, Srouji made it crystal – clear that he has no plans to leave Apple and has firmly reiterated his commitment to staying with the tech giant….
Online Book Retailers Face Shipping Fee Challenge in France
October 09, 2023 – France Takes a Stand to Protect Independent Bookstores In a bid to safeguard the existence of independent bookstores, the French government has introduced a new regulation requiring online book retailers to charge a minimum of 3 euros (approximately 23 Chinese yuan) for shipping each book. This law came into effect on…
Major Acquisition: Luxshare Precision Pays 4.1 Billion Yuan for Leoni Group, a Top Player in Automotive Wiring Harnesses
September 20, 2024 – On September 17th, Leoni AG, a renowned manufacturer of automotive wire harnesses, signed a share purchase agreement with Chinese company Luxshare Precision. Under the terms of the agreement, Luxshare Precision will acquire 50.1% of Leoni Group’s shares and 100% of its wholly-owned subsidiary, Leoni Kabel (hereinafter referred to as “Leoni K”),…
SK Hynix Reveals: All Seven Major US Tech Giants Express Interest in Custom HBM Memory
August 20, 2024 – According to a report by Korean media MK, Ryu Seong-soo, the Vice President of SK Hynix responsible for the HBM memory business, stated at the 2024 SK Group Icheon Forum that tech giants, collectively known as the M7, have expressed their intention for SK Hynix to develop customized HBM products. The…
Canva Acquires Affinity Creative Suite in Major Move to Challenge Adobe
March 26, 2024 – In a significant move to intensify its competition with Adobe, Canva has announced the acquisition of Affinity Creative Suite, marking a major industry purchase. Affinity, known for its range of alternatives to Adobe product suites and popular among Mac users, brings a portfolio of photo editing, publishing, and illustration software to…
Samsung’s Galaxy Z Fold7 Clinches Thinnest Foldable Title After Rigorous KCEA Evaluation
July 31, 2025 – In the highly competitive realm of foldable smartphones, device thickness has emerged as a key battleground for manufacturers. A recent independent study by the Korean Consumer-Centered Enterprise Association (KCEA) has sparked fresh debate by revealing new insights into the world’s thinnest large-format foldable devices. Contrary to initial manufacturer claims, KCEA’s comprehensive…
Tesla Showcases Its Innovations: Cybertruck and FSD Updates at World AI Conference
July 01, 2024 – According to a report by the “Science and Technology Innovation Board Daily” today, Tesla is set to showcase its latest advancements in artificial intelligence technology at the upcoming World Artificial Intelligence Conference (WAIC) 2024. The company will exhibit its Cybertruck, an innovative all-electric pickup truck, the Optimus humanoid robot, and the…
Evercore: Apple’s iPhone Assembly in India Faces 25% Tariff Squeeze with Limited Room to Maneuver
July 31, 2025 – Yesterday (July 30), investment bank Evercore published a blog post, stating that even if a 25% tariff is imposed, Apple will have no choice but to continue assembling iPhones in India. And how Apple will deal with these additional costs in the future has become a major concern. According to Evercore,…
PlayStation 5 Surges: A 70.5% YoY Growth in 2023 Gaming Console Sales
November 24, 2023 – Recent media reports have unveiled the gaming console sales data up to October 2023, revealing intriguing trends in the industry. Sony’s PS5 has witnessed a remarkable surge, with a total of 14.36 million units sold since the beginning of the year, marking a substantial 70.5% year-on-year growth. Contrastingly, Microsoft’s Xbox Series…