Stellantis Plunges into 22.3 Billion – Euro Loss Amid Electric Shift Quagmire
February 27, 2026 – Stellantis, the world’s fourth – largest automotive group, has reported its first annual loss since its merger, as revealed in its 2025 full – year financial results. The financial report shows that the group suffered a net loss of 22.3 billion euros for the whole year. In the second half of…
Uber Faces FTC Lawsuit for Secretly Charging Users in Subscription Scheme
April 22, 2025 – The Federal Trade Commission (FTC) has filed a lawsuit against Uber in San Francisco, alleging that the ride-hailing giant secretly enrolled users in its Uber One subscription program without their knowledge and engaged in deceptive marketing practices regarding the service’s benefits, as reported by Reuters. Uber One, priced at 9.99permonth,offersdiscountsonridesandfooddelivery.However,theFTC’scomplaintclaimsUberfalselyadvertisedthatsubscriberscouldsaveupto25 monthly—a…
Tesla Cybertruck Undergoes Major Revisions: Price Hikes and Entry-Level Model Disappearance
August 13, 2024 – Tesla’s highly anticipated electric pickup truck, the Cybertruck, has undergone significant revisions, with the company officially removing the entry-level rear-wheel-drive variant scheduled for 2025 delivery and priced at $60,990 from its configurator. This move signals a strategic shift in the product lineup, leaving customers with revised options that reflect a new…
Meta’s 2025 Q2: Soaring Revenue and Profit with 22% and 36% Growth Respectively
July 31, 2025 – Meta has just unveiled its financial results for the second fiscal quarter of 2025, which ended on June 30. The company reported a remarkable revenue of 47.52billion,markinga2218.34 billion. In the financial report, Meta highlighted that 348 million people now use at least one of its applications on a daily basis. This…
AirPods Pro to Get Hearing Aid Mode with iOS 18, No Hardware Changes Expected in 2024
March 11, 2024 – In his latest edition of the Power On newsletter, Bloomberg’s Mark Gurman states that the AirPods Pro are not expected to undergo any hardware changes in 2024. However, on the software side, he hints at a “significant development” in the form of a hearing aid mode that will be introduced alongside…
Meta Launches Game Catalog Feature for Quest+ Subscribers, Mirroring Xbox’s XGP Offering
March 04, 2024 – Meta has officially announced the launch of a new feature within its Meta Quest+ subscription service, introducing a “Game Catalog” function that enables users to directly view and download “free-with-subscription” apps through the mobile app and storefront. This move mirrors a similar offering from Microsoft, which provides access to a library…
Northvolt Seeks €200 Million in Funding Amid 20% Global Layoffs
October 13, 2024 – According to Reuters, on Friday local time, three informed sources revealed that Northvolt, the Swedish electric vehicle battery manufacturer, is currently engaged in negotiations with investors and lending institutions to raise approximately 200 million euros in short-term funding, aiming to maintain the company’s financial stability. This week, Northvolt initiated financing talks…
A Landmark Moment: Apple Launches Online Store in Vietnam
May 12, 2023 – A New Chapter for Apple: Online Store Launches in Vietnam In an exciting announcement, Apple has revealed its plans to unveil the highly anticipated Apple Store online in Vietnam. The tech giant aims to provide customers in Vietnam with a seamless shopping experience and closer interactions with Apple team members. Through…
OpenAI CEO Sam Altman Addresses AI Skepticism at Davos 2024
January 17, 2024 – In a recent announcement at the World Economic Forum in Davos, Switzerland, OpenAI CEO Sam Altman revealed that human-level artificial intelligence is on the horizon. However, he emphasized that its impact on the world may be smaller than anticipated. Altman pointed out that while there is a widespread concern about the…
TSMC’s 3nm N3P Node Scheduled for Mass Production in the Second Half of 2024
May 17, 2024 – Taiwan Semiconductor Manufacturing Company (TSMC) recently held a technology symposium announcing that its 3nm process node is on track, with the N3P node set to enter mass production in the second half of 2024. The N3P, which is based on the N3E process node, promises further improvements in energy efficiency and…