Tech News
Tesla Soars to Record Stock Price, Becomes 7th Largest U.S. Company by Market Value
December 17, 2025 – On December 16 (Eastern Time), Tesla’s stock price soared by 3.07%, closing at 489.88pershare,markinganewall−timehighsinceitslisting.Onthissingleday,itsmarketvaluesurgedby48.5 billion, pushing the total market capitalization to approximately $1.63 trillion. This made Tesla surpass Broadcom to become the seventh – largest company in the United States in terms of market value. This new milestone sheds light on…
PayPal Bids Farewell to Middlemen, Embarks on Building Its Own Bank
December 16, 2025 – PayPal, the well – known payment giant, has put forward an application to the regulatory authorities in Utah and the Federal Deposit Insurance Corporation (FDIC) in the United States. The company is seeking permission to establish a licensed industrial bank in Utah. The main objective behind this move is to gain…
Intel Set to Acquire SambaNova by January 2026 at $1.6 Billion Including Debts
December 15, 2025 – According to a report by Bloomberg on the 12th of this month local time, Intel is in advanced negotiations with AI chip firm SambaNova regarding a potential acquisition deal, with the transaction potentially being finalized as early as next month. However, the situation remains fluid as SambaNova has also inked letters…
Rockstar Games Maintains 34 Employee Sackings Are Union – Unrelated, Policy – Breaking
December 12, 2025 – Yesterday, Eurogamer, a well – known gaming media outlet, reported that Rockstar Games (R – star) had issued another statement regarding the incident where 34 employees were fired in the UK and Canada last month on the grounds of alleged leaks. Last month, R – star was accused of suppressing trade…
From 900Mto111B: Google’s SpaceX Investment Set to Soar at IPO
December 11, 2025 – Google’s parent company, Alphabet, has had an outstanding performance in the stock market this year, with its shares surging by nearly 70%. Its current market capitalization has reached a staggering $3.8 trillion. An investment made by the company in a startup several years ago is on the verge of becoming one…
Apple’s Chip Chief Srouji Dispels Recent Departure Rumors
December 9, 2025 – Apple’s chip – business chief, Johny Srouji, has personally dispelled rumors about his potential departure from the company. In an internal memo obtained by Bloomberg, Srouji made it crystal – clear that he has no plans to leave Apple and has firmly reiterated his commitment to staying with the tech giant….
Amazon-Sold INIU Chargers: Over 200,000 Units Recalled in U.S. for Fire Risk
December 8, 2025 – The U.S. Consumer Product Safety Commission (CPSC) has announced a recall of approximately 210,000 portable lithium-ion battery power banks sold on Amazon due to potential fire and burn hazards to consumers. The recall specifically targets the INIU 10,000mAh portable power banks, model BI-B41, which were available for purchase on Amazon from…
Intel Doubles Down on Malaysia with $1.8B Boost for Semiconductor Dominance
December 2, 2025 – Malaysian Prime Minister Anwar Ibrahim announced that Intel Corporation has pledged an additional investment of 860 million Malaysian ringgit to solidify Malaysia as its global hub for packaging and testing operations. The commitment came during a meeting between Anwar and Intel CEO Lip-Bu Tan on Monday, as revealed in a Facebook…
After Almost Ten Years: Apple Declares Initial iPhone SE as Vintage Product
December 2, 2025 – Apple has officially added the first-generation iPhone SE to its list of vintage products. Once a device is placed on this list, all Apple Stores and authorized service providers worldwide will cease offering any form of repair or battery replacement services for it. According to Apple’s long-standing criteria, a product is…
Musk: X Aims to Be an Upgraded WeChat as Chinese Can’t Live Without It
December 2, 2025 – In a recent podcast episode of “People by WTF,” Tesla CEO Elon Musk, during a conversation with Nikhil Kamath, the co – founder of Zerodha, reiterated his ambitious plan to transform the social platform X into a “WeChat++” outside of China, an all – in – one platform integrating information dissemination…