ITBEAR

Booking.com Eyes Layoffs to Bolster Industry Flexibility

November 11, 2024 – Booking, the world’s largest online travel company, has announced potential layoffs as part of an organizational structure review. In an email statement released on Saturday, the company stated that the review process is still in its early stages and no final decisions have been made. “This is a difficult but necessary…

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Mazda Confirms Production of Powerful Iconic SP Hybrid Sports Car with Unique Two-Rotor Engine

November 08, 2024 – Automotive publication Autocar reported yesterday (November 7) that Mazda has confirmed the production of its Iconic SP concept sports car. Unveiled at last year’s Tokyo Motor Show, the Iconic SP concept showcased a hybrid powertrain delivering 370 horsepower, along with a design that seamlessly blends retro styling with modern technology, creating…

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NVIDIA Tops Charts with $3.6 Trillion Market Value, Claiming Worldwide Leadership

November 08, 2024 – NVIDIA has achieved a historic milestone, becoming the first company to surpass a market value of 3.6trillion.OnThursday,itssharesreachedanall−timehigh,closingwithamarketcapitalizationof3.65 trillion. This surpassed Apple’s previous record of $3.57 trillion set on October 21st. In the race among technology giants like Microsoft and Alphabet to build artificial intelligence computing power and capture emerging technology markets,…

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Physical Intelligence Secures 400MillionInvestment,Reaching2.4 Billion Valuation with Bezos and OpenAI Support

November 07, 2024 – Physical Intelligence, a robotic startup in the United States, has announced the raising of 400millioninfunding,propellingitspost−moneyvaluationtoawhopping2.4 billion. According to a spokesperson from Physical Intelligence, the round was led by a prestigious group of investors including Amazon founder Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital. Additionally, Khosla Ventures and Sequoia…

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