Tesla Faces Scrutiny Over $1.4 Billion Balance Sheet Shortfall
March 20, 2025 – A significant discrepancy of $1.4 billion has been uncovered on Tesla’s balance sheet, as reported by the Financial Times yesterday. Tesla has yet to respond to requests for comment. According to the Financial Times’ analysis, a comparison between Tesla’s capital expenditures in the second half of 2024 and the valuation of…
NVIDIA CEO Huang Renxun Addresses DeepSeek Impact: Compute Demand Soars, AI Chip Shortage Worsens
March 20, 2025 – During the annual GTC 2025 developers’ conference, Jensen Huang, CEO of NVIDIA, asserted that the unveiling of the DeepSeek-R1 model would only escalate the demand for computing infrastructure, dismissing the notion of a potential chip demand decline as unfounded. In a Q&A session with financial analysts, Huang emphasized, “The good news…
Google’s Biggest Acquisition Yet: $32 Billion Cash for Cloud Security Firm Wiz
March 19, 2025 – In a major move today, Google announced its acquisition of New York-headquartered cloud security startup Wiz for a whopping $32 billion in an all-cash deal, subject to potential adjustments upon final settlement. Upon completion, Wiz will be integrated into Google Cloud. This acquisition marks Google Cloud’s strategic investment in two rapidly…
HP Unveils World’s First Quantum-Resistant Printers with Revolutionary ASIC Chips
March 19, 2025 – At its Amplify Conference 2025, Hewlett-Packard (HP) unveiled a groundbreaking lineup of printer models engineered to withstand the threats posed by quantum computing in password decryption. The newly introduced devices include the Color LaserJet Enterprise MFP 8801, Mono MFP 8601, and LaserJet Pro Mono SFP 8501. According to HP, these printers…
Apple Faces Tougher Scrutiny in Germany as Court Dismisses Appeal
March 19, 2025 – Apple Inc. suffered a setback this Tuesday as the German Federal Supreme Court dismissed its appeal against the country’s antitrust authority, paving the way for tighter regulatory scrutiny of the tech giant in Germany. The ruling upholds the decision by the German Cartel Office in 2023, which designated Apple as a…
Tesla Secures Ride-Service Permit in California, Limited to Employee Shuttles Initially
March 19, 2025 – Tesla has cleared its first regulatory hurdle in launching autonomous ride-hailing services in California, as the California Public Utilities Commission (CPUC) approved the company’s application for a ride-service permit on the 18th. According to the CPUC announcement, with this new permit, Tesla can transport its own employees using Tesla vehicles through…
Apple Halts iOS 18.3.1 Signing: No Downgrade Option for Upgraded iPhones
March 19, 2025 – Apple has officially ceased signing iOS 18.3.1, marking the end of the possibility for iPhone users who have already upgraded to iOS 18.3.2 to revert to the previous version. A review of the updates reveals that Apple released iOS 18.3.2 on March 10th, addressing an issue where some streaming content failed…
Apple’s First Foldable iPhone: A Staggering $2300 Price Tag, According to Barclays
March 18, 2025 – In a recent research note, Tim Long, an analyst at Barclays Bank in the UK, has predicted that the starting price of Apple’s first foldable iPhone will reach 2,299,significantlysurpassingthecurrenthighest−pricediPhone16ProMax,whichretailsat1,199. Long attributes the high cost of the foldable iPhone to complex hinge technology, flexible displays, and titanium alloy materials. He believes that…
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…
Audi Announces Approximately 7,500 Job Cuts in Germany
March 18, 2025 – German luxury automaker Audi has announced today that it will cut up to 7,500 jobs in Germany by 2029, affecting areas such as administration and development. The planned measures were agreed upon on Monday by management and labor representatives, local time. It is claimed that these measures will save Audi one…