Tech News
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…
OpenAI Secures 40BillionMega−Funding,Valuedat300 Billion
April 1, 2025 – In a monumental announcement made on Monday, OpenAI revealed the completion of a colossal private funding round that amassed an astonishing 40billion,propellingthecompany′svaluationtoastaggering300 billion post-financing. This milestone is regarded as one of the largest private funding rounds in history. According to a blog post published on OpenAI’s official website, the funding was…
EU Boosts ‘Digital Europe’ Initiative with €1.3 Billion Investment in AI and Key Technologies
March 31, 2025 – The European Commission (EC) has announced through a statement on Friday the adoption of the DIGITAL Europe Programme for the years 2025 to 2027, allocating a significant budget of €1.3 billion to deploy crucial technologies strategic to Europe’s technological sovereignty. The program primarily focuses on artificial intelligence (AI), cloud data, cybersecurity,…
Intel to Revamp Board Structure as Three Members Retire
March 31, 2025 – Intel Corporation announced yesterday, as reported by Bloomberg, that three of its board members are set to retire, prompting the company to revamp its board structure to bring in professionals better aligned with its business transformation needs. Regulatory filings reveal that Omar Ishrak, Jinzhi Liu, and Lisa Lavizzo-Murray will not seek…
Take Two CEO Zelnick: AI Games Unlikely to Be Blockbusters, Creativity Reigns Supreme
March 31, 2025 – The wave of artificial intelligence (AI) is sweeping across various industries, and the gaming sector is no exception. However, Strauss Zelnick, the CEO of Take Two, expresses caution about the potential of AI games to shine brightly in the gaming industry, and his reservations are not solely based on the anticipation…
Upcoming iPad Pro and MacBook Pro to Feature Apple’s New M5 Chip in 2025
March 31, 2025 – In a recent update to his “Power On” newsletter, Bloomberg’s Mark Gurman has revealed that the iPad Pro equipped with the M5 chip has entered its final testing phase and is scheduled for release this year. This iteration of the iPad Pro will be among the first devices to feature the…
Intel’s Ex-CEO Gelsinger to Receive $7.85M in Severance Pay
March 28, 2025 – Former Intel CEO Pat Gelsinger is set to receive a substantial severance package of up to $7.85 million following his departure from the company in December 2024, according to filings submitted to the U.S. Securities and Exchange Commission (SEC). The compensation package includes 7millionpayableover18months,encompassinghisannualsalaryandtargetcashbonus.Aspertheagreement,Gelsingerwillreceive18months′worthofhis1.25 million annual salary, totaling 1.875million,alongwith1.5timeshistargetcashbonusof3.44 million, amounting…