ITBEAR

Stellantis & CATL Break Ground on Spanish Battery Megaplant, Targeting Full 2030 Launch

November 27, 2025 – Stellantis and Contemporary Amperex Technology Co. Limited (CATL) have officially kicked off the construction of a massive €4.1 billion battery plant in northern Spain, marking a significant move that further underscores Europe’s growing reliance on Chinese battery expertise. The two companies aim to commence partial production at the facility by the…

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Intel Firmly Denies TSMC’s Accusations: Strictly Bans Use or Transfer of Third – Party Confidential Info

November 27, 2025 – On November 25, Taiwan Semiconductor Manufacturing Company (TSMC) announced that it had filed a lawsuit against its former senior vice – president, Luo Weiren, accusing him of potentially disclosing trade secrets to Intel. According to Reuters, on November 26 local time, Intel refuted TSMC’s allegations. In a statement, Intel said, “Intel…

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Apple’s North Carolina Campus Project Gets 4-Year Extension: Construction to Kick Off by 2026 with $800M+ Tax Break Over 39 Years

November 26, 2025 – Apple’s long – delayed new campus project in North Carolina has finally seen a breakthrough, as reported by tech media outlet Appleinsider yesterday (November 25). The North Carolina state government has officially approved Apple’s application for an extension, pushing back the start time of the originally planned incentive program by four…

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Verizon Set for Massive Layoffs: 15,000 Jobs at Risk

November 14, 2025 – According to a report from The Wall Street Journal today, Verizon, the largest telecommunications operator in the United States, is planning to lay off around 15,000 employees over the next week. Sources familiar with the matter revealed that Verizon is grappling with intense competition in both its wireless services and home…

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