ITBEAR

NVIDIA CEO: Blackwell Demand ‘Truly Astonishing’

February 27, 2025 – NVIDIA today released its financial report, anticipating a significant surge in its first-quarter revenue, further highlighting the robust demand for AI chips. Additionally, the company revealed that the order volume for its new Blackwell semiconductors has been “amazing.” However, NVIDIA’s prediction for the gross margin in the current quarter is slightly…

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Apple Faces Spotify CEO’s Ire Over ‘Farce’ of DMA Compliance, EU Action Sought

February 27, 2025 – Spotify CEO Daniel Ek has expressed his dissatisfaction with Apple’s current compliance with the European Union’s Digital Markets Act (DMA), urging EU regulators to take swift action against the tech giant. In a recent interview with Bloomberg, Ek slammed Apple’s compliance efforts as a “farce” and accused the company of employing…

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BMW Commits to Preserving Its Brand Core Despite Power System Updates

February 27, 2025 – During last week’s 2025 Landshut Technology Days, BMW Group unveiled its sixth-generation eDrive technology, incorporating large cylindrical battery cells and a new 800V high-voltage platform supporting ultra-fast charging. This cutting-edge technology will initially be employed in the brand-new Neue Klasse model, with plans to expand it to the entire range of…

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Tesla Market Cap Slides Below $1 Trillion, Marking a 38% Drop from Its Peak

February 26, 2025 – Tesla shares tumbled 8.39% by the close of the US stock market, erasing over 280billionfromitsmarketcapitalizationandpushingitbelowthe1 trillion mark. The electric vehicle giant’s latest stock price settled at 302.8,markingasignificant38488. This decline has resulted in Tesla being ousted from the exclusive club of seven US tech companies, including NVIDIA, Apple, Microsoft, Alphabet, Amazon, Meta,…

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Phil Schiller Reveals Opposition to Apple’s 27% Fee for External Payments, Citing Developer Relationship Concerns

February 25, 2025 – Phil Schiller, a senior executive at Apple, testified on Monday that he initially opposed the company’s decision to charge fees for in-app transactions processed outside of its own payment system. Schiller, who currently holds the position of Apple Fellow and leads the App Store and Apple events, expressed concerns that such…

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Tesla Cybercab Test Vehicles with Steering Wheels Make Frequent Appearances at Giga Texas

February 25, 2025 – The presence of Tesla’s Cybercab test vehicles has significantly increased at the company’s Giga Texas superfactory. This week, drone footage captured a growing number of these vehicles undergoing tests within the factory premises. Images shared by Joe Tegtmeyer on the X platform revealed Cybercabs being tested, notably featuring steering wheels. This…

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