ITBEAR

Korean Report Reveals: 9.8% of Jobs at Risk of Being Replaced by AI Like ChatGPT

December 20, 2024 – The Korean Statistical Office released the “Social Trends 2024” report today, shedding light on significant social and economic shifts in Korean society. The report particularly underscores the impact of AI on employment, the rise in obesity rates, and demographic changes. According to the report, approximately 2.77 million jobs, accounting for 9.8%…

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Honda Issues Stern Warning to Nissan: Collaboration Ends if Partnership with Foxconn Forms

December 19, 2024 – Honda and Nissan are currently engaged in talks regarding a potential merger, as reported by Nikkei on Wednesday, in response to a perceived threat of acquisition by Foxconn (Hon Hai Precision Industry). Although Foxconn is primarily known for its contract manufacturing services, particularly for producing iPhones for Apple, the company announced…

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Apple Scraps Plan for Monthly iPhone Rental Service

December 19, 2024 – Apple has scrapped its plans to introduce a hardware subscription service, according to a report by Bloomberg’s Mark Gurman. The proposed service was designed to allow customers to “subscribe” to a new iPhone every year through monthly payments. Gurman had previously revealed in 2022 that Apple was exploring a hardware subscription…

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AI Leader Databricks Secures Massive 10BillionInvestment,BoostingValuationto62 Billion

December 18, 2024 – AI unicorn Databricks has secured a 10billionfundinground,elevatingitsvaluationtoanimpressive62 billion, marking one of the largest venture capital investments in history. According to recent reports, Databricks is on track to achieve positive free cash flow by the end of January 2024, with projections indicating an annualized revenue exceeding 3billionbythattime.Thecompanyfurtheranticipatesreaching3.8 billion in revenue for the…

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Honda Explores Merger, Capital Tie-Up, and Holding Company Options with Nissan

December 18, 2024 – Following a Bloomberg report earlier today, Honda’s Executive Vice President, Shinji Aoyama, responded to rumors of a potential merger between Honda and Nissan. Aoyama stated that Honda is exploring several options, including a full merger, capital collaboration, or the establishment of a holding company. According to informed sources, the two automotive…

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