Finance
Tesla Confirms Workforce Reduction: Musk’s Internal Memo Revealed
April 15, 2024 – Confirmation Emerges: Tesla Announces 10% Workforce Reduction Tesla’s anticipated large-scale layoffs, previously only rumored, have finally been confirmed with the release of an internal memo by Elon Musk. Reports from various media outlets indicate that Musk has issued a company-wide memo announcing a global reduction in Tesla’s workforce by 10%. Earlier…
TikTok Divestiture Deadline Potentially Extended to 2025
April 11, 2024 – According to multiple media reports on April 10th local time, the chairman of the US Senate Commerce Committee revealed that senators are discussing an extension of the deadline for ByteDance to divest TikTok (the international version of Douyin) to one year. Previously, on March 13th, the US House of Representatives voted…
Samsung Achieves Breakthrough in 16-Layer Hybrid Bonding HBM Technology
April 09, 2024 – According to recent media reports, Samsung Electronics has announced the completion of technology verification for its 16-layer hybrid bonding HBM (High Bandwidth Memory) process. The company has successfully manufactured a working prototype of a 16-layer stacked HBM3 memory using this hybrid bonding technique, indicating that the technology will be utilized in…
Tesla Stock Surge Boosts Musk’s Fortune, Overtaking Zuckerberg on Global Rich List
April 09, 2024 – On Monday, Tesla shares surged 4.9%, marking the biggest one-day gain since March 18. This upswing was triggered by Elon Musk’s announcement of the upcoming launch of robot taxis on August 8, boosting his net worth by 57.8billioninjustaweek,bringingittoatotalof186 billion. As a result, Musk reclaimed the third spot on the global rich…
Elon Musk Predicts AI Will Outsmart Humans by 2026
April 09, 2024 – In a recent interview, Elon Musk predicted that artificial intelligence could potentially surpass the intelligence of the brightest humans by next year or 2026 at the latest. According to Musk, “If we define general artificial intelligence as having an intellect exceeding that of the smartest human, I believe it could happen…
SpaceX Aims for Mars: Musk Unveils Ambitious Five-Year Plan
April 09, 2024 – Recent reports indicate that Elon Musk has announced plans for the first unmanned Starship to land on Mars within five years, with the possibility of the first human landing in the next seven years. Looking back at the third test flight of SpaceX’s Starship in March of this year, despite losing…
Jpegli: Google’s New Open-Source Library Promises Better JPEG Compression
April 07, 2024 – For a long time, JPEG has been a prominent image compression format. However, it has notable drawbacks, including quality loss and compression artifacts during the compression process. Recently, Google released Jpegli, an open-source encoding library that promises to address these issues. The need for Jpegli arose from website optimization demands, specifically…
Apple Introduces Beta Support for Spatial Personas on Vision Pro
April 03, 2024 – Apple has announced that later today, it will begin offering Beta support for Spatial Personas on the Apple Vision Pro, expanding upon the device’s existing Persona functionality. According to 9to5mac, the feature will be rolled out to all Apple Vision Pro users running visionOS 1.1 or later. Users will be able…
Global Billionaires’ Wealth Continues to Surge: Forbes 2024 List Reveals Record Numbers
April 03, 2024 – Forbes released its 2024 Global Billionaires List on April 2nd, revealing a continued surge in wealth among the world’s ultra-rich. According to the report, the number of billionaires has reached an all-time high of 2,781 individuals, an increase of 141 compared to last year and 26 more than the previous record…
Samsung Electronics’ Shareholder Returns Surpass Tech Giants Amid Industry Downturn
April 02, 2024 – Samsung Electronics’ shareholder returns have been under the spotlight recently, with investors expressing dissatisfaction with the current yields. They are urging the company to increase its dividend payouts and take other measures to boost its stock price. Surprisingly, despite facing a significant downturn in the memory chip industry, which has been…