Apple’s Four-Pronged Strategy to Weather Tariff Storm: Supplier Pressure, Cost Absorption, and More
April 8, 2025 – Apple Inc. is reportedly preparing a multifaceted strategy to counteract the financial impact of impending tariffs on its products, according to Bloomberg’s Mark Gurman. The company’s global manufacturing footprint faces fresh challenges as new tariffs threaten operations not only in China but also in countries where it has diversified production, including…
LG Display’s New CEO Takes Charge with a Focus on Profitability
December 05, 2023 – LG Display, after enduring six consecutive quarters of operating losses, welcomed its new CEO, Jeong Cheol-dong, who officially assumed office last Friday. He emphasized that improving the company’s performance and turning losses into profits is the most pressing task at hand. In his inaugural message to the employees, Jeong Cheol-dong stated,…
KTM Embarks on Restructuring Journey to Dodge Bankruptcy
November 30, 2024 – KTM, the Austrian manufacturer, is navigating through one of the most intricate periods in its history, as reported by foreign media. The company, which is currently grappling with a significant financial crisis, has initiated European restructuring proceedings. Under the terms of the Restructuring of Enterprises (RoE) regulations, KTM is required to…
India Unveils Its First Mass-Produced Humanoid Robot Series, Spaceo: Socializing, Flying, and Carrying up to 200kg
March 9, 2025 – Muks Robotics, a company founded by Dr. Mukesh Bangar, a self-taught AI and robotics engineer, has unveiled its latest innovation – the Spaceo series of humanoid robots. Dubbed as “India’s first humanoid robot,” this new generation of robots is designed to propel the development of Artificial General Intelligence (AGI) in the…
OpenAI Launches Flex Mode: Cut API Costs by 50% with Speed and Stability Trade-Offs
April 18, 2025 – OpenAI has unveiled a new API service dubbed “Flex Processing Mode” as it intensifies efforts to compete against rivals like Google in the generative AI arena. The move allows users to access its models at reduced rates, albeit with slower response times and occasional resource allocation issues. The company announced that…
BYD SHARK New Energy Pickup Makes Its Way to Ecuador, Expanding Global Presence
January 24, 2025 – BYD, a leading Chinese automotive brand, has officially announced the launch of its luxurious and intelligent new energy pickup, the BYD SHARK, in the Ecuadorian market. According to BYD, the design inspiration for the new vehicle came from the agility and dominance of sharks, breaking away from the traditional dull design…
NVIDIA CEO Huang: TSMC Not Defined by Just One Person Amid Luo Weiren Event
November 29, 2025 – During a recent interview, NVIDIA CEO Jensen Huang was, for the first time, questioned by the media about the incident involving Luo Weiren, the former senior vice – president of TSMC. Huang maintained a low – key stance, stating that he was “not aware of the specific details.” However, he quickly…
Tesla Cybercab Taxi Boasts 300-Mile Range with Under 50kWh Battery
March 18, 2025 – Tesla Executives Unveil Detailed Information About Cybercab Autonomous Taxi In a recent discussion with automotive engineering expert Sandy Munro, Tesla’s Vice President of Vehicle Engineering, Lars Moravy, and Senior Vice President of Design, Franz von Holzhausen, shared insights into the company’s upcoming autonomous taxi service, highlighting the Cybercab as its primary…
Meta’s Metaverse Dream: $45B Spent, Minimal Returns in Four Years
April 14, 2025 – Since Mark Zuckerberg rebranded Facebook as Meta and pinned the company’s future on the metaverse over four years ago, the endeavor has been marred by financial turmoil and operational chaos. TechSpot’s latest report reveals that Meta has already poured hundreds of billions of dollars into the metaverse project, yet the results…
Apple to Launch Youth Edition Magic Keyboard in March/April 2025, Boosting iPad Air Productivity
January 20, 2025 – In his latest edition of the Power On newsletter released yesterday, Mark Gurman from Bloomberg reiterated a report disclosed in October 2024, stating that Apple Inc. is set to introduce a new Magic Keyboard for the 11-inch and 13-inch iPad Air tablets early in 2025. As reported back in October 2024,…