Meta Fires Employees Over Abuse of $25 Meal Allowance

October 18, 2024 – According to a report by the Financial Times, Meta has terminated over 20 employees in Los Angeles due to the misuse of a $25 meal voucher. It is understood that Meta employees are entitled to a daily allowance of 70,whichincludesanadditional25 specifically designated for meals, essentially Grubhub credits for internal use within…

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ASML Shares Plummet 16% as Company Slashes 2025 Sales Expectations

October 16, 2024 – On Tuesday, leading photolithography machine manufacturer ASML predicted lower than expected sales and orders for 2025, citing persistent weakness in certain segments of the semiconductor market. This announcement triggered a significant drop in the company’s share price, resulting in the largest single-day decline since 1998. Despite a robust demand for chips…

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Lenovo and NVIDIA Unveil Groundbreaking Liquid-Cooled AI Server

October 16, 2024 – At its annual global innovation event, Tech World 2024, Lenovo Group unveiled the sixth-generation vertical liquid cooling product, ThinkSystem N1380 Neptune, designed to power generative AI computations. During the conference, Lenovo announced a collaboration with NVIDIA to introduce the Lenovo Hybrid AI Comprehensive Advantage Set. Furthermore, they launched the ThinkSystem SC777…

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