German States Pledge to Avert Volkswagen Factory Closures and Layoffs
October 17, 2024 – In a significant development on Tuesday, four German federal states – Lower Saxony, Saxony, Hesse, and Berlin – have vociferously opposed the closure of Volkswagen factories and layoffs within their jurisdictions, according to Eurasia Daily. A jointly signed document by the states’ economic ministers stated, “All factories must remain fully intact.”…
Amazon Confirms Kindle Oasis Discontinuation: Physical Page-Turn Buttons Bid Farewell
October 17, 2024 – Amazon has confirmed the discontinuation of its Kindle Oasis, which was the company’s only e-reader model still featuring physical page-turning buttons. This announcement comes on the heels of the unveiling of a refreshed Kindle product line, with the company also affirming to The Verge that they will no longer produce the…
Historic Moment: Intel and AMD Unite to Defend the x86 Ecosystem
October 16, 2024 – In a surprising move, Intel announced today that they have formed an x86 Ecosystem Advisory Group with AMD, marking a historic collaboration between the two tech giants. This group aims to shape the future of the x86 architecture, simplify software development, and ensure interoperability and consistent interfaces. According to Intel CEO…
ASML Shares Plummet 16% as Company Slashes 2025 Sales Expectations
October 16, 2024 – On Tuesday, leading photolithography machine manufacturer ASML predicted lower than expected sales and orders for 2025, citing persistent weakness in certain segments of the semiconductor market. This announcement triggered a significant drop in the company’s share price, resulting in the largest single-day decline since 1998. Despite a robust demand for chips…
Lenovo and NVIDIA Unveil Groundbreaking Liquid-Cooled AI Server
October 16, 2024 – At its annual global innovation event, Tech World 2024, Lenovo Group unveiled the sixth-generation vertical liquid cooling product, ThinkSystem N1380 Neptune, designed to power generative AI computations. During the conference, Lenovo announced a collaboration with NVIDIA to introduce the Lenovo Hybrid AI Comprehensive Advantage Set. Furthermore, they launched the ThinkSystem SC777…
Stellantis CEO Warns: EU Tariffs on Chinese EVs to Hasten Closure of Local Auto Plants
October 16, 2024 – Reuters reported that on the 15th local time, Stellantis CEO Carlos Tavares issued a warning: the tariffs imposed by the European Union (EU) on Chinese electric vehicles (EVs) would accelerate the closure of local automobile manufacturing plants in Europe. In Tavares’s view, imposing tariffs on Chinese EVs would compel Chinese automakers…
Apple’s Most Aromatic iPhone Expected in March: Morgan Stanley Predicts SE 4 Sales of 15-20 Million Units
October 16, 2024 – Morgan Stanley, a leading American investment bank, has released a new investment note predicting a shipment volume of between 15 to 20 million units for the upcoming iPhone SE 4, driven by the integration of Apple Intelligence. According to the report, despite the iPhone 16 series sales being below expectations, Apple…
Microsoft Xbox’s Alan Hartman to Retire, Making Way for New Leadership
October 15, 2024 – Alan Hartman, the long-serving head of Microsoft’s Xbox Game Studios, is set to retire at the end of November, with Craig Duncan, currently the lead at Rare, stepping into his shoes. Hartman, whose career has been marked by his involvement in hit franchises like “Forza” and “Fable,” is preparing to pass…
OpenAI Lands Top Microsoft AI Executive Sébastien Bubeck
October 15, 2024 – In a significant move within the realm of artificial intelligence, Microsoft announced on October 14 that Sébastien Bubeck, its Vice President of Generative AI Research, is set to depart the company to join OpenAI, the creator of ChatGPT. This development marks a turning point not only for Microsoft but also for…
Japan Government Eyes Equity Stake in Rapidus via In-Kind Contributions
October 15, 2024 – According to a report by Kyodo News on the 10th of this month, the Japanese government is planning to directly acquire shares in the advanced chip manufacturer Rapidus through in-kind contributions. This move aims to strengthen its participation and supervision of the company’s operations while clarifying its support for Rapidus, thereby…