Tech News
Apple Overtakes Microsoft as ‘Best Managed Company in the U.S.’ After Four-Year Run
December 10, 2024 – In a notable shift in the ranks of corporate management excellence, Apple has claimed the title of “Best-Managed Company in the U.S.,” according to the “Management Top 250” list released by the Drucker Institute this year. This new position marks the end of Microsoft’s four-year streak at the top, as the…
Intel Should Prioritize AI Over Foundry Services Transition, Says TSMC Founder
December 10, 2024 – At a recent event for the launch of his autobiography, TSMC founder Zhang Zhongmou expressed his views on Intel’s current situation, stating that the company should have focused on artificial intelligence rather than attempting to transition into a chip foundry role. According to Reuters, Zhang, who is also known as Morris…
Steam Hits New High: Over 39 Million Concurrent Users Online
December 9, 2024 – Steam, the PC gaming platform owned by Valve, has set a new record with over 39 million concurrent online users, peaking at 39,205,447 today. This figure represents an increase of 839,815 users compared to the 38 million users recorded three months ago. In the past 24 hours, the most popular game…
Apple to Make its Retail Debut in Saudi Arabia in 2026
December 9, 2024 – Apple has announced its plans to launch an online store in Saudi Arabia by the summer of 2025, offering a comprehensive range of products, services, and Arabic language support. In a further expansion move, the tech giant intends to open the first of several flagship retail stores in the country starting…
Apple Vision Pro Sales Fall Below 500,000 Units, High Price and Lack of Killer App Cited as Reasons
December 9, 2024 – In his latest “Power On” newsletter, Bloomberg reporter Mark Gurman mentioned that the usage of Apple’s Vision Pro by its users is not as high as previously anticipated. “Since Vision Pro was launched in February this year, I’ve heard that the company has sold fewer than 500,000 units,” Gurman stated. According…
Waymo Set to Launch Autonomous Taxi Services in Miami by 2026
December 9, 2024 – According to a Reuters report, Waymo, the autonomous driving subsidiary of Alphabet, disclosed on December 5th that it would be expanding its self-driving taxi service to Miami, Florida, in an effort to gain an edge in the increasingly competitive market. Additionally, Waymo announced a partnership with Moove, an automotive financing company,…
Meta Unveils Llama 3.3: A 70B Parameter AI Model That Matches the Performance of a 405B Version
December 8, 2024 – Meta has recently unveiled its latest AI model, Llama 3.3, which the company describes as its most efficient and cost-effective model yet. With 70 billion parameters, the model is significantly smaller than its predecessor, Llama 3.1, which boasted 405 billion parameters. However, Meta claims that Llama 3.3’s performance is on par…
Global EV Sales Report: Xiaomi Overtakes Toyota, Japanese Automakers Struggle Outside Top 20
December 8, 2024 – According to a report by Nikkei on the 6th, research firm MarkLines has compiled statistics on pure electric vehicle sales. The study focused on over 2.5 million pure electric vehicles sold in 55 countries from July to September 2024. Tesla emerged as the leader, selling 430,000 vehicles during the quarter, representing…
Apple’s iPhone SE 4 to Feature First Self-Developed Modem Chip, But Performance Lags Behind Qualcomm
December 8, 2024 – In his latest Power On newsletter, Bloomberg’s Mark Gurman revealed that Apple’s first self-developed modem chip, codenamed “Sinope”, is set to make its debut in the upcoming iPhone SE 4 in 2025. The chip, which has been in development for over five years, is also expected to be integrated into some…
Meta Partners with James Cameron’s Company to Revolutionize Visual Media
December 6, 2024 – Meta, the technology giant, announced on Thursday a partnership with Lightstorm Vision, a tech enterprise owned by renowned film director James Cameron. This collaboration aims to revolutionize the creation of 3D entertainment content, including live sports, concerts, and TV shows, while providing support for Meta’s Quest platform. According to Meta, the…