Musk Calls Tesla Odometer Manipulation Lawsuit ‘Stupid’

April 22, 2025 – Tesla Inc. is embroiled in a class-action lawsuit alleging that the electric vehicle manufacturer manipulated odometer readings to sidestep warranty obligations. The suit claims that Tesla intentionally accelerated odometer counts, pushing vehicles beyond warranty coverage sooner than anticipated to reduce repair costs. Tesla and its legal counsel have vehemently denied all…

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Memory Costs Surpass Processors: Global Smartphone SoC Shipments Plunge 15% YoY in H1 2026, MediaTek and Qualcomm Both See 25%+ Drops

July 31, 2026 –A sharp 15% year-over-year drop in global smartphone SoC shipments marked the first half of 2026, according to fresh findings from Counterpoint Research, signaling one of the mobile chip industry’s steepest downturns in recent memory. The firm projects the full-year 2026 decline will land at 14%, as skyrocketing memory prices ripple through…

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Tesla Unveils Bold Capital Expenditure Plans for 2024 and Beyond

January 30, 2024 – Tesla has today shed light on its capital expenditure plans for 2024 and beyond through the release of its 10-K report. In keeping with its tradition of increasing investments, the electric vehicle giant anticipates spending at least 10billionthisyear,anamountthatequatestoapproximately71.8billionChineseyuan.For2025and2026,thecompanyhasbudgetedbetween8 billion and $10 billion. Acknowledging the dynamic nature of its undertakings, Tesla cautioned…

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Amazon’s Second Wave of Layoffs: Over 3,000 Employees in New York, California, and Washington to be Affected

  Amazon has recently announced that over 3,000 of its employees in New York, California, and Washington will be losing their jobs. This is part of the company’s second round of large-scale layoffs. The company has submitted layoff notices to these three states in accordance with legal requirements over the past two weeks.   According to documents,…

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EU Mandates USB-C Ports and Detachable Cables for All Chargers in Three Years, “Universal Charger” Label to Follow

December 29, 2025 – According to a report from techAU today, the European Union is set to introduce new regulations starting December 2028, which is three years from now. These regulations will mandate that all external power adapters sold within the EU must feature USB-C ports. This requirement applies to a wide range of devices,…

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UK Regulator Probes Microsoft’s Transactions with Inflection AI

July 17, 2024 – The UK’s Competition and Markets Authority (CMA) announced on July 16th that it is investigating Microsoft’s hiring of several former employees of Inflection AI and the arrangements made with the company. The regulatory body has expressed concerns that these actions could potentially lead to a “substantial lessening of competition.” In its…

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Unveiling Google’s Pixel 8 Series: Leaked Charging Specifications and More

July 3, 2023 – Google’s upcoming Pixel 8 series smartphones have been the subject of speculation and anticipation among tech enthusiasts. Recent social media buzz, originating from Twitter user Abhishek Yadav, claims to reveal the charging specifications of the highly awaited devices. According to the leaked information, the Google Pixel 8 is said to feature…

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