Boeing to Reduce Workforce by 10%, Impacting 17,000 Jobs
November 14, 2024 – Boeing, the aerospace giant, is set to begin notifying employees this week about its plan to eliminate 17,000 jobs, accounting for 10% of its global workforce. This downsizing is part of the company’s previously announced restructuring plan. In a statement, Boeing declared, “As previously announced, we are resizing our workforce to…
NVIDIA’s New Consumer-Grade APU Promises RTX 4070-Level Gaming Performance
November 13, 2024 – In the latest video from the YouTube channel “Moore’s Law is Dead,” details have emerged about NVIDIA’s upcoming consumer-grade APU (Accelerated Processing Unit). The new APU, rumored to be a competitor to AMD’s forthcoming Strix Halo APU, is reported to offer gaming performance comparable to the 65W laptop version of the…
TikTok Gets a Reprieve from Trump: Competition Among Platforms Encouraged
November 13, 2024 – With just over two months remaining, TikTok faces the possibility of being banned in the United States, as previously reported. However, a potential turnaround may be on the horizon, as the newly elected President Trump had explicitly stated during his campaign that he opposes the prohibition of TikTok. According to the…
Amazon to Discontinue Freevee, its Free Ad-Supported Streaming Service
November 13, 2024 – According to Deadline, Amazon is shutting down its free, ad-supported streaming television service, Freevee. The original content from Freevee is being gradually migrated to Prime Video, where users, even without a Prime subscription, can access new episodes previously available on Freevee. The Freevee brand, as reported by Deadline, is set to…
OpenAI Welcomes Back Co-Founder Greg Brockman
November 13, 2024 – Greg Brockman, the co-founder and former president of OpenAI, has announced his official return to the company through a post on X. “The longest vacation of my life is over, and now it’s time to resume building @OpenAI,” Brockman stated. Brockman’s departure from OpenAI dates back to the days of the…
EU Demands Apple to End Geo-blocking on App Store and Music Services
November 13, 2024 – According to a Bloomberg report, the European Commission stated on Tuesday that Apple’s practice of geo-blocking may violate consumer protection rules, adding to the regulatory pressure the tech giant is already facing in the European Union. The EU has demanded that Apple halt its geo-blocking practices for services including the App…
Microsoft Goes Retro: MSN Brand Makes a Comeback with a Fresh Logo
November 12, 2024 – Microsoft has recently swapped the “Microsoft Start” logo on the new tab page of its Edge browser with the iconic “butterfly” logo of MSN, signaling a revival of the long-standing MSN brand. The company has also introduced a refreshed logo for MSN, highlighting its elevated status within Microsoft’s product lineup. In…
Japan Unveils Massive 10 Trillion Yen Boost for Chip Industry
November 12, 2024 – The Japanese government is set to unveil a massive 10 trillion yen initiative to bolster its chip industry over a span of “several years” through subsidies and other financial aid, according to a draft seen by Reuters. This ambitious plan, which offers financial support of 10 trillion yen or more, is…
Lotus Announces Layoff of 200 Employees Amid Market Shifts
November 12, 2024 – British luxury sports car manufacturer, Lotus, has announced plans to lay off 200 employees in the UK, citing evolving market demands and changing market conditions as the reason behind the decision. The company confirmed the news to its staff last week, stating that it would attempt to relocate some of the…
AMD Takes the Lead: Q3 CPU Shipments Skyrocket
November 12, 2024 – According to data presented in a new investment report by Bank of America, Intel is increasingly being troubled by adverse factors, resulting in the gradual loss of its market share to its microchip rival, AMD. The report outlines the CPU trends for the third quarter of 2024, highlighting a quarterly decline…