Mercedes-Benz Aims to Slash Costs by Billions Each Year
November 24, 2024 – According to a report by Handelsblatt on Thursday, a spokesperson for Mercedes-Benz has announced plans to cut costs by billions of euros annually in the coming years. The spokesperson, as reported, did not elaborate on the specific measures to be taken for cost reduction and remained silent on the possibility of…
Amazon Faces EU Investigation Over Potential Favoritism Towards Its Own Brands in E-commerce Market
November 22, 2024 – Amazon may face an investigation by the European Union next year, according to a report by Reuters on November 21st, regarding whether it favors its own branded products in the e-commerce market. Sources with direct knowledge of the matter revealed that European antitrust regulators have established a case under new rules….
Boeing CEO Warns: Serious Cultural Issues Demand Mistake-Free Future
November 22, 2024 – Following a company-wide meeting on November 20th, Boeing CEO Kelly Ortberg expressed concerns regarding the company’s deep-seated cultural issues, stating that it cannot afford to make any further mistakes. In his address, Ortberg pointed out the bloated management structure, wasteful spending, and a culture of internal strife and blame-shifting within the…
Siri’s New Era: Seamless Interaction and Enhanced AI Coming in 2026
November 22, 2024 – According to a recent report published by Bloomberg, Apple is currently developing a more intelligent version of Siri, dubbed internally as “LLM Siri,” with plans to release it in 2026. The new Siri is said to utilize an “advanced large language model,” significantly enhancing its capabilities and allowing it to compete…
iPhone Pro Max Emerges as Top Seller in CIRP’s Apple Sales Analysis
November 22, 2024 – According to the latest data from market research firm CIRP, Apple’s base model iPhones accounted for 42% of total iPhone sales this year. However, it’s worth noting that the iPhone Pro Max remains the best-selling single model. Apple sells several generations of its base model iPhones at different price points, while…
Ford Announces 4,000 Job Cuts in Europe Amid Passenger Car Struggles
November 21, 2024 – Ford Motor Company has announced plans to lay off 4,000 employees in Europe, primarily affecting its operations in the UK and Germany. The decision comes as the automaker expresses concerns over the “health” of its passenger vehicle business. According to Ford, the company has suffered “significant” losses in recent years due…
Apple to Build Factory in Indonesia with $100 Million Investment, Aiming to Resolve iPhone 16 Sales Ban
November 21, 2024 – According to reports from Reuters, the Indonesian Ministry of Industry announced on Wednesday that technology giant Apple Inc. has presented a $100 million investment plan to Indonesia, aiming to establish a manufacturing plant for producing accessories and components in the country. This move comes after the Indonesian government banned the sale…
Google Fights Back: DOJ’s Order to Sell Chrome ‘Harms Consumers, Developers, and US Tech Leadership’
November 21, 2024 – Following a report by tech media outlet AppleInsider on November 20th, revealing that the US Department of Justice has ordered Google to sell its Chrome browser, the search engine giant has launched a counterattack. Google argues that such a move would harm consumers, developers, and America’s technological leadership. According to the…
Tesla Unveils Autonomous Cybercab in London, Set for 2027 Launch
November 21, 2024 – Tesla has unveiled its autonomous driving sedan, the Cybercab, in the UK, showcasing the company’s vision of building a global fleet of self-driving vehicles. Officially named the Cybercab, this model was recently launched at Warner Bros. Studios in California alongside another autonomous vehicle called the Robovan, a 20-seater self-driving van. Just…
Apple iPhone Sales in China Drop by Double-Digit Percentage During Singles’ Day, Reports Counterpoint
November 21, 2024 – According to recent reports from Reuters and Counterpoint Research, Apple’s iPhone sales have significantly decreased during this year’s “Singles’ Day” shopping festival in China, primarily due to the influx of new products from its competitors. Between October 18th and November 10th, iPhone sales dropped by a double-digit percentage compared to the…