Finance
Changing Tides: Declining iPhone Prices in the US Market
November 16, 2023 – According to a recent report from Consumer Intelligence Research Partners (CIRP), the US Weighted Average Retail Price (US-WARP) for iPhones continued its decline in the third quarter of 2023, dropping from $948 in the previous quarter to $918. Since Apple discontinued the public disclosure of the Average Selling Price (ASP) of…
Double the Speed: HPE and NVIDIA’s Unified Supercomputing Solution
November 15, 2023 – Hewlett Packard Enterprise (HPE) has recently announced a groundbreaking collaboration with NVIDIA, unveiling a cutting-edge supercomputing solution tailored for generative AI applications. This collaboration aims to assist large enterprises, research institutions, and government organizations in accelerating the training and fine-tuning of AI models using proprietary datasets. Scheduled for a global launch…
Driving Economic Growth: Rivian’s $5 Billion Investment in Georgia’s Automotive Future
November 15, 2023 – Last week, officials in the state of Georgia announced that the American electric vehicle startup Rivian has signed an agreement with the state, granting approval for the construction of an electric vehicle factory in the Stanton Springs Industrial Area, east of Atlanta. According to the agreement, Rivian will lease land and…
Jim Rowan: Volvo Stands Firm on User Freedom Amid CarPlay Shift
November 15, 2023 – Volvo’s CEO, Jim Rowan, recently discussed General Motors’ decision to abandon CarPlay in an interview with The Verge. Rowan emphasized Volvo’s commitment to not restrict consumers, providing them the freedom to choose their in-car entertainment system. Customers can opt for Volvo’s in-house system, Apple CarPlay, or Google’s Android Auto based on…
Airbnb’s Strategic AI Expansion: Acquiring GamePlanner.AI
**November 15, 2023 – Airbnb Expands AI Capabilities with GamePlanner.AI Acquisition** In a strategic move, Airbnb announced on Tuesday the acquisition of GamePlanner.AI, a burgeoning artificial intelligence startup consisting of a team of 12 professionals. The financial details of the transaction remain undisclosed as Airbnb has chosen to keep the intricacies of the deal confidential….
Founding Grounds: Hyundai Group Launches Ambitious Project at Joo-Young Chung’s Inaugural Site
November 13, 2023 – Hyundai Motor Company announced today the establishment of a state-of-the-art electric vehicle (EV) manufacturing plant in Ulsan, commemorated with a groundbreaking ceremony. Significantly, over 50 years ago, the founder and inaugural chairman of the Hyundai Group, Joo-Young Chung, laid the foundation for the company’s initial major production facility at this very…
The U.S. Chip Act’s Impact: Intel to Receive $30-40 Billion
November 08, 2023 – Intel Emerges as the Primary Beneficiary of U.S. Chip Subsidies In a recent report by The Wall Street Journal, Intel is set to emerge as the foremost beneficiary of the U.S. chip subsidy program. According to the report, Intel is slated to receive between $30-40 billion in subsidies, accounting for over…
Microsoft and Oracle Extend Partnership to Supercharge Bing Search Services
November 08, 2023 – In a significant development, Microsoft and Oracle, known for their September announcement of the cloud-based service “Oracle Database Azure,” have now unveiled another partnership aimed at enhancing Microsoft’s Bing search services. Oracle, in a press release, disclosed a new long-term agreement with Microsoft, allowing the tech giant to leverage Oracle Cloud…
Samsung Galaxy S24 and S24 Ultra Geekbench scores for South Korea have been announced
November 07, 2023 – Anticipated for a January 2024 release, the Samsung Galaxy S24 series of smartphones is just a few months away from its official launch. Consequently, rumors and leaks about this new flagship are becoming more frequent. The device is now making more frequent appearances on benchmark testing websites, such as Geekbench, giving…
14-inch M3 MacBook Pro Surpasses M2 Pro with 3-Hour Battery Boost
November 07, 2023 – Apple Inc. recently unveiled its latest MacBook Pro models during the “Unstoppable” themed event, featuring groundbreaking 3nm M3 series chips that deliver remarkable improvements in battery life. Apple proudly claimed that these new laptops provide the “longest battery life ever seen in a Mac.” The 14-inch MacBook Pro, equipped with the…