Finance
Apple Faces Accusations of Sourcing ‘Blood Minerals’ from DRC
April 26, 2024 – An international team of lawyers representing the Democratic Republic of the Congo (DRC) sent a letter to Apple CEO Tim Cook on April 22nd, accusing the tech giant of illegally sourcing minerals from the country’s eastern region, an area notorious for violence, child labor, and other human rights abuses. The lawyers…
Nvidia Acquires Run:ai to Boost AI Infrastructure Capabilities
April 25, 2024 – Nvidia has recently announced its acquisition of Run:ai, a move aimed at bolstering the latter’s product roadmap and integrating its resources into Nvidia DGX Cloud. While the specific details of the acquisition, including the purchase price and completion date, remain undisclosed, an informed source revealed to TechCrunch that the deal was…
Tesla Dissolves Marketing Team Amid Global Layoffs
April 23, 2024 – Recent reports indicate that Tesla has decided to disband its newly established U.S. marketing team in the midst of a larger layoff, reflecting CEO Elon Musk’s reconsideration of conventional advertising strategies. As part of this reorganization, Tesla has let go of its entire “growth content” team in the United States, affecting…
Meta Opens Up Quest OS to Third-Parties, Ushering in a New Era of Mixed Reality Collaboration
April 23, 2024 – In a landmark announcement, Meta has declared the opening up of its Quest operating system to third-party developers, signaling a significant advancement in the mixed reality sector. Previously operating under a closed model akin to Apple’s approach, Meta has now opted for a more open Android-like model. This shift encourages other…
Apple’s New Recycling Robots Dave and Taz Arrive in China for Earth Day
April 22, 2024 – Apple’s Managing Director for Greater China, Ge Yue, announced today that Apple’s recycling robots, Dave and Taz, have arrived in China. In the spirit of Earth Day, the company is collaborating with partners to maximize the potential of recycled materials, minimize environmental impact, and safeguard our planet. CEO Tim Cook also…
Apple CEO Tim Cook Closes Asian Tour with Major Investment in Singapore
April 19, 2024 – Apple CEO Tim Cook is wrapping up his week-long Asian tour, which included visits to Vietnam and Indonesia, with a two-day stop in Singapore. During his visit, Cook announced plans to invest $250 million (approximately 1.81 billion yuan) to expand Apple’s existing campus in the city-state. In a statement, Cook expressed…
Apple’s China Clean Energy Fund Surpasses Goals with Over 1 Gigawatt of Renewable Projects
April 18, 2024 – Apple’s Managing Director for Greater China, Ge Yue, has announced that the China Clean Energy Fund has exceeded its targets, investing in the construction of over 1 gigawatt of wind and solar projects across China. Ge expressed Apple’s pride in collaborating closely with its suppliers to accelerate the development of renewable…
Ralf Groene Bids Farewell: Surface Design Legend Announces Retirement
April 17, 2024 – In a recent LinkedIn post, Ralf Groene, a heavyweight figure in Microsoft’s hardware design field and the head of the Surface design team, announced his retirement. “I am happy to share that I have now retired,” stated Groene. Groene played a pivotal role in Microsoft’s Surface computer series, serving as one…
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…