Tech News
Amazon CEO Jassy Advocates Heavy AI Investment for High Returns
April 11, 2025 – Amazon CEO Andy Jassy has urged businesses to make substantial investments in artificial intelligence (AI) to secure significant financial gains in the future, as per a report by TechCrunch. In his annual letter to shareholders released on Thursday, Jassy emphasized the necessity for companies to allocate “substantial capital” to keep pace…
Mayor Lurie Urges Tech CEOs: How Can We Keep You in San Francisco?
April 7, 2025 – In a recent event, San Francisco Mayor Daniel Lurie, as reported by TechCrunch, disclosed his proactive approach to retaining and attracting tech companies to the city. During a local gathering on the 3rd, Lurie mentioned he personally reaches out to CEOs of tech firms and entrepreneurs, asking them directly, “What can…
Toyota Targets 15 EV Models and 1 Million Units by 2027 in Strategic Expansion
April 7, 2025 –Toyota Motor Corporation, the world’s largest automaker, is set to revolutionize its electric vehicle (EV) strategy by 2027. The company plans to independently develop approximately 15 new EV models, establishing production hubs across Japan, China, the Americas, and Southeast Asia. This move is part of a broader initiative to significantly boost EV…
Gurman: Apple Unlikely to Assemble iPhones in U.S. Due to High Costs
April 7, 2025 – In a recent report by Bloomberg’s Mark Gurman, it has been suggested that Apple is unlikely to shift iPhone production to the United States in the coming years, despite the latest tariff measures imposed by U.S. authorities. The primary factor cited for this decision is the prohibitive cost associated with such…
Epic CEO Slams Apple, Google for ‘Mafia-Style Tactics’ as Pop-Ups Cause 60% User Drop
April 3, 2025 – In a blog post published yesterday (April 2), TechCrunch reported that during an event at Y Combinator, Tim Sweeney, the CEO of Epic Games, publicly accused Apple and Google of employing “mafia-style business tactics” to suppress competition through monopolistic practices. Sweeney specifically highlighted that despite a court ruling mandating Apple to…
Apple CEO Tim Cook Realizes $24M from Stock Cash-Out
April 3, 2025 – In a recent development reported by tech news outlet MacRumors yesterday (April 2), Apple Inc.’s Chief Executive Officer, Tim Cook, has reportedly realized profits exceeding $24 million from the sale of company shares. According to filings with the U.S. Securities and Exchange Commission (SEC), Cook sold 108,136 restricted stock units (RSUs)…
Intel’s New CEO Chen Liwu Sets Fire to ‘Non-Core’ Businesses
April 2, 2025 – In a recent report by Bloomberg yesterday, Intel’s CEO, Pat Gelsinger’s successor Chen Liwu, addressed the audience at the ‘Intel Vision Conference’ in Las Vegas, revealing the company’s strategy to divest from non-core businesses and introduce new products such as customized semiconductors to better align with customer demands. Chen emphasized the…
Tesla Faces Sales Decline in March Amid Growing “Anti-Musk” Protests Across Europe
April 2, 2025 –Tesla’s sales in key European markets have declined once again in March, according to Reuters. The brand is facing increasing competition from Chinese automakers and resistance from some consumers who oppose Elon Musk’s political stance. These factors have combined to create a challenging environment for Tesla in the European market. New car…
Qualcomm Mulls Over Acquisition of UK Semiconductor Firm Alphawave IP
April 2, 2025 – In a groundbreaking announcement tonight, Qualcomm revealed that it is contemplating the possibility of extending an acquisition offer to the British semiconductor firm, Alphawave IP Group. A statement issued by Qualcomm read, “At this juncture, we cannot ascertain whether a final offer will be forthcoming, nor can we confirm the specific…
Gurman Reports: Apple Watch’s Non-Invasive Blood Glucose Monitoring Years Away
April 1, 2025 – Apple’s Journey Towards Non-Invasive Blood Glucose Monitoring for Apple Watch Faces Years of Hurdles In a recent report by Bloomberg’s Mark Gurman, it has come to light that Apple’s endeavor to incorporate non-invasive blood glucose monitoring into its Apple Watch, despite over 15 years of rigorous development, is still “many years…