Finance
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…
OpenAI Unveils “Copyright Shield” to Protect Users from Copyright Concerns
November 07, 2023 – OpenAI Unveils “Copyright Shield” at First Developer Conference At today’s inaugural OpenAI Developer Conference, OpenAI introduced a new feature called “Copyright Shield,” aimed at alleviating concerns regarding potential copyright infringement associated with AI-generated content. OpenAI states that if users face “copyright infringement” claims related to AI-generated content and are legally compelled…
Ford Appoints Former Samsung SDI Executive to Lead EV Battery Development
November 07, 2023 – According to TheElec, the American automotive giant, Ford, has made a significant move in the electric vehicle (EV) industry by hiring former Samsung SDI Vice President Kim Seung-Hoon to lead their electric vehicle battery development efforts. Sources within the company have revealed that Kim Seung-Hoon has been appointed as Ford’s Chief…
Apple Watch’s Unexpected Heart Rate Accuracy: Arm vs. Wrist Placement
November 07, 2023 – Apple Watch: A Surprising Revelation about Heart Rate Monitoring For many users, the Apple Watch is synonymous with a wrist-worn timepiece. However, recent research has shed light on an unexpected discovery: wearing an Apple Watch on your arm does not compromise the accuracy of its heart rate monitor. According to a…
Microsoft’s $120 Million Decision: Overwatch League Disbandment Vote
November 06, 2023 – According to a report by Jacob Wolf from ESPN, Activision Blizzard is preparing to enter into a contract with Saudi Arabia’s ESL FACEIT group to oversee the operation of the 2024 season of “Overwatch,” effectively dissolving the current “Overwatch League.” In October, Activision Blizzard initiated discussions with the owners of the…
Breaking Records: Porsche’s Mission X Concept at Import Expo on the 900V Architecture
November 06, 2023 – The 6th China International Import Expo, which opened yesterday, witnessed the Asian debut of Porsche’s latest all-electric concept supercar, the Mission X. According to Porsche’s official projections, if the vehicle goes into production, it is set to become the fastest road car on the Nürburgring Nordschleife circuit. This vehicle previously made…