Finance
Nintendo’s Customer Support Outsourcing to South America: 200 Long – Term U.S. Contract Workers Lose Jobs
September 22, 2025 – According to a report from IGN yesterday, Nintendo of America has made the decision to outsource its customer support operations to South American countries, including Argentina, Brazil, and Nicaragua. This move has led to the loss of jobs for approximately 200 contract workers in the United States who had been handling…
NVIDIA & Intel Unveil Plans for Groundbreaking Chips, TSMC to Handle Manufacturing
September 19, 2025 – At recent press events held by NVIDIA and Intel, NVIDIA’s CEO Jensen Huang expressed his enthusiasm about being an Intel shareholder, highlighting that the returns from this investment are poised to be fantastic. As reported by Seeking Alpha, Huang disclosed that TSMC will serve as the foundry for the “revolutionary” chips…
Oracle’s MySQL Team Faces Massive Layoffs: A Glimpse into the Software’s Uncertain Future
September 18, 2025 – Last week, a report from The Register sent shockwaves through the tech world, revealing that Oracle had carried out a significant round of layoffs within its core MySQL database development team, sparking concerns about the future of the widely – used software. A well – placed senior source within the MySQL…
Figure AI’s Valuation Soars to 39BAmid1B+ Investment in Humanoid Tech
September 17, 2025 – Figure AI, a company at the forefront of developing humanoid robots, has secured over 1billionincommittedcapitalinanewfundinground,catapultingitsvaluationto39 billion. If the deal closes as planned, Figure AI will join the ranks of the most valuable startups globally. The funding announcement was made on Tuesday, although the process had been in motion for most of…
TikTok Gets Another Reprieve: Fourth Extension Looms in U.S.
September 15, 2025 – According to Reuters, sources familiar with the matter have revealed that the Trump administration is expected to once again extend the deadline for ByteDance to divest its TikTok business in the United States. Earlier, the U.S. government had demanded that ByteDance complete this divestment by September 17 of this year. This…
Larry Ellison Leaps Over Musk: First – Time Global Wealth Summit Victory
September 11, 2025 – In a stunning turn of events, Larry Ellison, co – founder of Oracle, has dethroned Elon Musk to claim the title of the world’s richest person for the first time, according to the latest Bloomberg Billionaires Index. Ellison’s net worth soared to a staggering 393billion.ThisremarkablejumpwastriggeredbyOracle′squarterlyresults,whichfarexceededmarketexpectations.Thecompanyalsogaveapositiveoutlookonitsfuturegrowthprospects.At10:10a.m.NewYorktime,Ellison′sfortunesurgedby101 billion, surpassing Musk’s $385 billion. This…
Samsung Heir Lee Ji-ho Chooses Korean Military Service Over U.S. Citizenship
September 11, 2025 – According to South Korean media outlet Chosun, Lee Jee – ho, the son of Samsung Electronics Chairman Lee Jae – yong, is set to renounce his U.S. citizenship and fulfill his military service obligations in South Korea. Lee Jee – ho is scheduled to enlist as a naval officer candidate in…
After U.S. Government Takes Stake, Intel Gets Reprieve from Some CHIPS Act Duties
September 1, 2025 – On August 23, Intel made a groundbreaking announcement regarding a significant agreement with the U.S. government. The government is set to invest a whopping 8.9billioninthechip−makinggiantinexchangefora9.95.7 billion coming from the pre – allocated CHIPS Act funds and an additional $3.2 billion from the “Secure Enclave” initiative. During the Deutsche Bank 2025 Technology…
Google’s “Axe Department” in Action: 35% Cut in Small – Team Supervisor Posts Within a Year
August 29, 2025 – According to a CNBC report today, during an all-hands meeting, Brian Welle, Google’s Vice President of People Analytics and Performance, revealed that the company has slashed the number of small team leaders by over a third within a year. “The number of our supervisors has dropped by 35% compared to a…
Toyota’s July Global Sales Hit Record High: North America & China Lead the Surge
August 29, 2025 – On Thursday, Toyota Motor Corporation, the well – known Japanese automaker, revealed that its global vehicle sales in July soared for the seventh consecutive month. This remarkable growth was propelled by robust demand in the North American market, along with the outstanding performance of hybrid and new electric vehicle models in…