Dyson to Cut Nearly One-Third of UK Workforce, Affecting Around 1,000 Jobs
July 10, 2024 – Dyson, the iconic British technology giant, has unveiled plans to reduce its workforce in the United Kingdom by approximately 1,000 employees, constituting roughly a third of its domestic staff count, as part of a broader restructuring strategy, according to a report by the Financial Times. In a confidential communication on Tuesday,…
Samsung Electronics Faces Indefinite Strike as Union Demands Pay Rise and Better Benefits
July 10, 2024 – In a decisive move, the largest labor union at Samsung Electronics, the Korean National Union of Samsung Electronics Workers (KNUSEW), has announced an indefinite strike action, citing the company’s management’s reluctance to engage in meaningful dialogue. The announcement comes as a culmination of ongoing tensions between the union and the tech…
DeepMind CEO Asserts: Current AI’s Comprehensive Intelligence Lags Behind House Cats
July 10, 2024 – In a groundbreaking revelation at the prestigious “Future of Britain 2024” conference hosted by the Global Institute for Transformation, Demis Hassabis, the visionary CEO of Google DeepMind, painted a nuanced picture of the current state of Artificial Intelligence (AI). Hassabis, engaging in a candid dialogue with former British Prime Minister Tony…
OpenAI Board Independence Strengthened as Microsoft and Apple Withdraw Observer Seats
July 10, 2024 – Microsoft has announced its decision to relinquish its observer seat on the OpenAI board of directors, citing the “significant advancements” made by OpenAI over the past eight months and expressing confidence in the company’s future trajectory, thereby deeming the seat no longer necessary. In a letter addressed to OpenAI, Microsoft confirmed…
Apple iPhone 16 Series Rumored to Support 40W Fast Charging for Balanced Charging Times
July 10, 2024 – In a recent revelation, Li Nan, the founder of Angry Miao, has exclusively disclosed that Apple’s upcoming iPhone 16 series is poised to usher in a significant leap in charging capabilities, with the power output set to soar to an impressive 40W. This disclosure comes amidst a flurry of anticipation surrounding…
Stellantis Ramps Up European Hybrid Push with 30 New Models this Year
July 09, 2024 – Stellantis Unveils Ambitious Hybrid Expansion Strategy for European Markets, Aiming for a Greener Tomorrow In a move designed to cater to the escalating demand for sustainable mobility in Europe, Stellantis has announced a sweeping expansion of its hybrid technology across multiple brands, pledging to introduce an impressive 30 hybrid models across…
Samsung Electronics to Manufacture 2nm AI Chips for Japanese Startup Preferred Networks
July 09, 2024 – In a groundbreaking move, Samsung Electronics has revealed its successful collaboration with Japanese AI startup Preferred Networks. The tech giant has secured a deal to provide Preferred Networks with a comprehensive, turnkey semiconductor solution dubbed Interposer-Cube S (I-Cube S), leveraging cutting-edge 2nm GAA process technology and advanced 2.5D packaging techniques. This…
Kantar BrandZ Report: AMD Surpasses Intel in Brand Value, NVIDIA Tops Growth Chart
July 09, 2024 – In a major shakeup of the tech industry, AMD has emerged victorious over Intel in the prestigious Kantar BrandZ’s “Most Valuable Global Brands 2024” ranking, while NVIDIA takes the spotlight for its remarkable brand value growth. This development underscores the profound impact of the AI revolution on the technology landscape. AMD’s…
BYD and Ayvens Forge Partnership to Offer Electric Fleet Solutions to European Businesses
July 09, 2024 – In a significant move towards sustainable transportation, BYD Motor Company and Ayvens, an international sustainable mobility services provider, inked a strategic collaboration Memorandum of Understanding (MOU) on July 2nd at BYD’s Shenzhen headquarters. This partnership heralds a new era in the provision of diversified and multifaceted electric vehicles (EVs) to European…
Apple Reportedly Revives iPad Production Plans in India, Hinting at Mac Line Expansion
July 09, 2024 – A groundbreaking revelation by Moneycontrol yesterday, July 8, indicates that Apple Inc. is reassessing its strategy for iPad production in India, buoyed by robust government incentives and other compelling factors. The Indian government, in a bid to bolster domestic IT manufacturing, is poised to unveil a comprehensive package of rewards and…