Apollo Eyes Potential $5 Billion Investment in Intel
September 23, 2024 – According to Bloomberg, asset management company Apollo is considering a potential equity investment in Intel, with a maximum amount reaching 5billion.Thisinvestment,whichequatestoapproximately5.493.19 billion, reflects Apollo’s confidence in Intel’s strategic transformation plan. However, informed sources have indicated that Intel executives are still weighing Apollo’s proposal, and no final decision has been made. Not…
TSMC and Samsung Electronics Mull Large-Scale Wafer Fab Construction in UAE
September 23, 2024 – According to a report by the Wall Street Journal yesterday, both Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics have been exploring the possibility of building large-scale wafer fabs in the United Arab Emirates (UAE). The report indicates that the UAE is discussing an advanced semiconductor manufacturing complex, which could potentially…
Tesla’s Supercharger Network Expansion Hits a Snag, New Ports Down 28% YoY
September 23, 2024 – In recent months, the expansion of Tesla’s Supercharger network has experienced a slowdown. According to a report by IT Home in April this year, the company’s massive layoffs had depleted the team responsible for installing new electric vehicle charging stations. Despite Tesla’s efforts to rebuild the team, including rehiring some previously…
Gurman Reports: Revamped Siri with Apple Intelligence Could Launch in January
September 23, 2024 – According to the latest Power On newsletter from Bloomberg’s Mark Gurman, Siri, equipped with Apple Intelligence and undergoing a complete redesign, is expected to roll out earlier than anticipated. Although it might not be a comprehensive experience initially, some features could be introduced ahead of schedule. Gurman has shed light on…
OpenAI Dominates AI Landscape: New 50−70BillionFundingRoundtoBoostValuationBeyond150 Billion
September 21, 2024 – According to a blog post published by tech media outlet The Decoder on September 20th, OpenAI is on the verge of closing a massive funding round worth between 5billionand7 billion, potentially pushing the company’s valuation towards $150 billion. Reports indicate that OpenAI has set a minimum investment threshold of $250 million…
iPhone 16 Pro Drop Test Reveals Vulnerability Due to Narrower Bezels
September 21, 2024 – Sam Kohl, the host of the YouTube channel AppleTrack, conducted a drop test on the iPhone 16 Pro in Australia on September 20th and compared it to the iPhone 15 Pro. According to Kohl, one issue he noticed with the iPhone 16 Pro is its thin bezels. As a result, the…
Apple Executives Discuss iPhone 16 Camera Button: User-Centered Design and Teamwork in Action
September 21, 2024 – In a captivating interview on the podcast channel Design Tangents, Apple’s Human Interface Designer Johnnie Manzari and Senior Director of Product Design Rich Dinh shared insights into the development process of the revamped camera button for the iPhone 16 series. The discussion, held at Apple’s podcast studio in Cupertino, primarily focused…
Qualcomm to Lay Off 226 Employees in San Diego This November
September 21, 2024 – According to the San Diego Union-Tribune, Qualcomm is set to lay off 226 employees in San Diego later this year. The layoffs, effective during the week of November 12th (November 11th to 17th), were announced under the California WARN (Worker Adjustment and Retraining Notification) Act. The job cuts will impact staff…
Neta Automobile Secures BRL 1 Billion from Latin America’s Top Bank for Charging Infrastructure
September 21, 2024 – Neta Automobile has announced a strategic partnership with Latin America’s largest investment bank, BTG Pactual, and Brazilian import trader Sertrading. According to Neta, the financial support of 1 billion Brazilian reais provided by BTG Pactual and Sertrading will be utilized for import services, charging infrastructure development, and other related areas in…
After CrowdStrike’s ‘Global Thanos Snap,’ 10% of German Firms Opt for New Security Vendors
September 20, 2024 – According to a report published by theregister on September 19th, the German Federal Office for Information Security (BSI) has revealed that one out of every ten organizations in Germany has abandoned their current supplier’s products due to the CrowdStrike incident in July. The BSI released the findings of a survey conducted…