Stargate: A $500 Billion Investment in AI Infrastructure Led by Tech Leaders OpenAI and SoftBank
January 22, 2025 – Today, technology giants including OpenAI and SoftBank announced their joint venture into a new project named “Stargate.” This newly established company, Stargate, aims to invest $500 billion over the next four years to build AI infrastructure in the United States for OpenAI. Both OpenAI and SoftBank have stated that they will…
Sony’s ‘Horizon’ MMO Hits the Rocks as Gaming Strategy Faces Hurdles
January 22, 2025 – According to a recent report by Korean media outlet MTN, game developer NCSoft has scrapped its plans to develop a massively multiplayer online (MMO) game based on Sony’s PlayStation IP, “Horizon.” The game, internally coded as “Project H,” has been canceled following a “feasibility review.” MTN’s report further revealed that NCSoft…
Volkswagen’s EV Lineup to Remain Unchanged in 2025, ID.2 Arrives in 2026
January 22, 2025 – According to a report published today by carscoops, Volkswagen’s electric vehicle lineup will not see any new additions this year, further compounding the German automotive giant’s struggles. The report indicates that Volkswagen will not be introducing any new electric car models in 2024 or 2025. The latest electric model, the ID.7…
OpenAI CFO Calls Musk’s Suit a ‘Competitive Tactic,’ Says AI’s High Costs Make Nonprofit Model Unsustainable
January 22, 2025 – During the World Economic Forum in Davos, Sarah Friar, the Chief Financial Officer of OpenAI, sat down for an interview with Bloomberg to discuss Elon Musk’s legal efforts to prevent OpenAI’s transition to a for-profit company. She characterized these actions as a form of competition. “We hope he doesn’t continue to…
TSMC CFO Reveals: Received First $1.5 Billion Payment from US CHIPS Act in Q4 2024
January 21, 2025 – In a recent interview with CNBC, Chief Financial Officer (CFO) of Taiwan Semiconductor Manufacturing Company (TSMC), Huang Renzhao, revealed that the company has secured its first payment of $1.5 billion from the US CHIPS Act in the fourth quarter of 2024. This funding comes as part of a larger agreement reached…
HP Appoints Former Apple CPO Carol Surface to Lead Its Human Resources
January 21, 2025 – HP announced on the 15th local time in California, USA, that former Apple Chief Human Resources Officer Carol Surface will officially join HP on March 24th, continuing to serve in the same capacity and succeeding Kristen Ludgate, who is set to retire. Previously, Carol Surface held the newly established position of…
ROHM Semiconductor Replaces CEO Amid Forecasted First Fiscal Deficit in 12 Years
January 21, 2025 – ROHM Semiconductor, a Japanese company, announced on the 17th of this month that it will be changing its leadership at the start of the 2025 fiscal year (April 1st, 2025). The current board member, Tokichi Azuma, will replace Isao Matsumoto as President and CEO, while Matsumoto will transition into the role…
Nokia’s 2007 iPhone Threat Warning: A Missed Chance for Innovation
January 21, 2025 – A recently disclosed internal document from Nokia reveals that at least nine employees recognized the significant threat posed by the first-generation iPhone just a day after its release. These employees promptly submitted a confidential internal report highlighting their concerns. It’s worth noting that prior to the iPhone’s launch, Nokia held approximately…
TikTok Gets a Breather: Trump’s 75-Day Grace Period on ‘Ban Unless Sold’ Law
January 21, 2025 – On January 20th, local time, former U.S. President Trump signed an executive order, temporarily suspending the implementation of the “ban unless sold” law targeting the short-video social media platform TikTok for the next 75 days. According to previous reports, on April 24th of last year, President Biden signed a bill passed…
Apple to Launch Youth Edition Magic Keyboard in March/April 2025, Boosting iPad Air Productivity
January 20, 2025 – In his latest edition of the Power On newsletter released yesterday, Mark Gurman from Bloomberg reiterated a report disclosed in October 2024, stating that Apple Inc. is set to introduce a new Magic Keyboard for the 11-inch and 13-inch iPad Air tablets early in 2025. As reported back in October 2024,…