

Faraday Future Welcomes Koti Meka as New Chief Financial Officer, Succeeding Jonathan Maroko
September 19, 2024 – Faraday Future has announced today that Jonathan Maroko has notified the company of his decision to resign from his position as Interim Chief Financial Officer, effective from September 20, 2024. According to the announcement, on September 17, 2024, the company’s board of directors appointed Koti Meka as the new Chief Financial…

Zuckerberg Highlights Meta’s Contrast with Apple: Prioritizing Feedback Over Acclaim
September 19, 2024 – In a recent podcast appearance on Acquired this week, Meta CEO Mark Zuckerberg made some noteworthy comments about his company’s approach, contrasting it with that of Apple. The tech mogul emphasized that Meta’s strategy stands in stark contrast to Apple’s in many respects. According to Zuckerberg, there’s no question of right…

Samsung to Restructure Foundry Business: Aiming to Boost Cross-Departmental Collaboration
September 19, 2024 – According to a report by ChosunBiz on September 18th, Samsung is gearing up to initiate a reorganization plan for its DS (semiconductor foundry) division before the end of the year. The primary objective of this reorganization is to dismantle departmental silos and address issues such as poor communication and team egoism,…

OpenAI Introduces Auto Mode: ChatGPT Selects AI Model Based on Prompt Complexity
September 19, 2024 – According to a report by testingcatalog on September 18th, OpenAI has introduced an “Auto” mode for ChatGPT, which is now available to all users on multiple devices. This new feature automatically selects the most suitable AI model based on the complexity of the user’s input prompt. For complex prompts, the system…

Apple Reportedly Locks Down TSMC’s Initial 2nm Production for iPhone 17 Pro”
September 18, 2024 – According to a report by Taiwan’s Economic Daily News, Apple’s iPhone 16 series, powered by TSMC’s 3nm process technology, is currently enjoying strong sales. Rumors in the industry suggest that Apple has already secured the first batch of production capacity for TSMC’s 2nm process and the subsequent A16 chip, with the…

Amazon Leads the Way: Ends Remote Work with New 5-Day Office Mandate
September 18, 2024 – According to a report by The New York Times, Amazon has informed its corporate employees that, effective January of next year, they will be required to return to the office for five days a week. This new policy marks an increase from the previous requirement of three days per week, which…

Intel to Deliver Custom Xeon 6 Processors for Amazon AWS
September 18, 2024 – According to a press release from both Intel and Amazon Web Services (AWS) on the 16th of this month, Intel will not only manufacture an AI fabric chip for AWS on the Intel 18A node, but will also provide customized server CPUs for the cloud computing giant. The announcement builds upon…

Sony PlayStation CEO Affirms: Game Consoles Stay Central, PC and Mobile Expansion On the Way”
September 18, 2024 – In a recent interview published by Nikkei on September 11th, Sony PlayStation’s Co-CEO Hideaki Nishino emphasized that despite the company’s efforts to expand its audience on PC and mobile devices, game consoles will remain the core of its business in the future. Addressing the value of game consoles, Nishino stated, “Mobile…

Morgan Chase in Advanced Talks to Acquire Apple Card Business from Goldman Sachs”
September 18, 2024 – According to a recent report published by The Wall Street Journal on September 17th, JP Morgan Chase is currently engaged in discussions with Apple, potentially taking over the Apple Card credit card business from Goldman Sachs. The report indicates that both parties are negotiating the specifics of a possible agreement. While…

Bank of America on AI Boom: Still in Early Stages, Comparable to Internet in 1996
September 14, 2024 – Amidst a growing skepticism among investors regarding the future of AI, Bank of America has released a report suggesting that the current AI boom is still in its nascent stages, mirroring the trajectory of the internet in the 1990s. The bank’s statement comes at a time when substantial funds have flooded…