Intel CFO: No Immediate Plans for Foundry Investors; Intel 14A Hinges on External Orders
August 29, 2025 – During the Deutsche Bank 2025 Technology Conference, Intel’s Chief Financial Officer David Zinsner announced that the company has secured sufficient funding for its chip foundry business in the near – term through two key investment agreements. One is with SoftBank, and the other is with the U.S. government. As a result,…
Maximizing Localization Impact: India’s $2.1 Billion Infusion for Laptops with 5% Subsidy
August 31, 2023 – In a move to bolster domestic production and stimulate economic growth, Indian authorities have introduced measures to regulate the import of laptops and tablets. Originally scheduled for early August, the implementation of these measures has been deferred to November 1st following pressures from various quarters. The Indian government’s stated objective is…
OpenAI Quietly Shifts Its Core Values to Prioritize Building General Artificial Intelligence
October 16, 2023 – OpenAI has quietly made significant changes to its “core values” list, placing a previously unlisted term, General Artificial Intelligence (AGI), at the forefront, underscoring its strong commitment to AGI. As per a screenshot captured in the media on September 25, 2022, OpenAI’s job page listed six core values for its employees…
BYD Outpaces Tesla in Electric Vehicle Sales, Reports Record Profits for 2023
January 30, 2024 – BYD Company Limited has demonstrated remarkable profitability in recent times, as evidenced by their latest financial report. According to the 2023 annual performance forecast released by the company on January 29th, BYD is anticipating a net profit attributable to shareholders in the range of 29 to 31 billion yuan for 2023….
BlackRock CEO: No AI Bubble, Just a Fierce Race for Tech Dominance
March 25, 2026 – In a recent exclusive interview, Larry Fink, CEO of the U.S. financial powerhouse BlackRock, firmly rejected the notion that artificial intelligence (AI) is experiencing a bubble and dismissed claims that the surge in AI investments is overblown. Fink emphasized that it’s acceptable for there to be one or two setbacks in…
Under 180K RMB: Tesla Launches Budget Model 3 in Hong Kong and Macau with Core Tech Intact
August 31, 2026 – Tesla has officially launched a budget-friendly version of the Model 3 in the Hong Kong and Macau markets, positioning it as “the most affordable vehicle with the lowest long-term ownership costs.” According to the official website, the starting price for this new model in Hong Kong is HKD 205,000 (approximately RMB…
Meta’s Top AI Scientist Dismisses Concerns of AI Harming Humans
October 14, 2024 – Yann LeCun, the chief AI scientist at Meta, recently dismissed concerns about artificial intelligence posing a threat to human existence as “complete B.S.” in an interview with The Wall Street Journal. A pioneer in the field of artificial intelligence and a Turing Award winner, LeCun currently serves as a professor at…
Sony Keeps a Close Eye on Handheld Gaming Market, Hinting at Possible New Venture
August 26, 2024 – Despite being merely a streaming device, the impressive market performance of PlayStation Portal has prompted Sony to take a fresh look at the handheld gaming console segment. According to industry insider Tom Henderson, Sony is closely monitoring the handheld gaming market. This further corroborates previous rumors leaked by Moore’s Law is…
Volvo Doubles Down on EVs: CEO Samuelsson Declares Electric Business Profitable
January 24, 2026 – According to a recent report from CarBuzz, Volvo’s management has reiterated that the “full electrification” strategy remains at the heart of the company’s vision, with its electric vehicle (EV) business already delivering significant financial returns. When discussing profitability, Volvo CEO Hakan Samuelsson emphasized that the brand is now more profitable thanks…
Novice International and Shandong Port Shipping Group Launch ‘Sino-Korean-Japanese Express’ for Swift Cross-Border Deliveries
July 18, 2023 – E-commerce giant Novice International and Shandong Port Shipping Group have joined forces to introduce the “Sino-Korean-Japanese Express” e-commerce sea freight service. This collaboration aims to provide a swift three-day delivery service for cross-border shipments from China to reach consumers across South Korea. Through Novice International’s official platform, businesses utilizing the Novice…