ITBEAR

Intel CEO Gelsinger to Unveil ‘Cost-Cutting, Efficiency-Boosting’ Plan for Company Revival

September 02, 2024 – According to a report by Reuters, citing informed sources, Intel CEO Pat Gelsinger and his executive team are expected to submit a plan to the company’s board later this month. The plan aims to revive the fortunes of the once-dominant chipmaker by divesting unnecessary businesses and reorganizing capital expenditure. The proposed…

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Global Smartphone Shipments to Reach 1.23 Billion in 2024: 5% YoY Growth, with Nearly 1 in 5 Featuring GenAI

August 30, 2024 – A pivotal shift in the global smartphone landscape is forecasted by Counterpoint Research, with a groundbreaking announcement on August 29th. The esteemed market analysis firm projects a triumphant resurgence in the industry, predicting a robust 5% year-on-year growth, leading to a total shipment of 1.23 billion smartphones worldwide in 2024. This…

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Apple Stake Halved: Buffett’s Berkshire Hathaway Hits $1 Trillion Market Cap Milestone!

August 30, 2024 – Berkshire Hathaway, helmed by the legendary “Sage of Omaha,” Warren Buffett, has achieved a historic milestone by surpassing the colossal market valuation of $1 trillion for the first time, emerging as the pioneering non-tech US corporation to reach this pinnacle. This feat underscores the enduring strength and resilience of the conglomerate…

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OpenAI’s ChatGPT Surpasses 200 Million Weekly Active Users: A Year of Exponential Growth

August 30, 2024 – A groundbreaking revelation by tech news outlet Axios has unveiled that OpenAI’s AI chatbot has surpassed a monumental milestone, amassing over 200 million weekly active users – a staggering doubling in just a single year. This rapid expansion underscores the unprecedented demand for intelligent conversational interfaces. Moreover, OpenAI boasts an impressive…

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Solving Tesla’s Steering Wheel Challenge: Norwegian Academy’s Wireless Turn Signal Upgrade

August 29, 2024 – Despite Tesla’s electric vehicles garnering widespread acclaim, certain aspects of their cutting-edge design have drawn criticism, notably the integration of turn signal controls within the steering wheel. However, a recent innovation by a Norwegian driving school has elegantly addressed this issue, yielding remarkable results. Elite Trafikkskole AS, a prestigious driving academy…

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Yelp Sues Google for Antitrust Violations, Alleging Abuse of Local Search Dominance

August 29, 2024 – Yelp, the popular American consumer review platform, has filed an antitrust lawsuit against Google on Wednesday, accusing the tech giant of leveraging its dominant position to dominate the local search and advertising landscape. This legal action marks a significant escalation in Yelp’s long-standing grievances against Google’s search hegemony. In the complaint,…

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