NVIDIA’s Rise Leads 78% of Employees to Millionaire Status, But at What Cost?
January 13, 2025 – NVIDIA, a pioneer in artificial intelligence and graphics processing, has soared to prominence, becoming the second-highest valued company globally, and briefly topping Apple for the throne. Recent data reveals a staggering statistic: 78% of NVIDIA’s workforce has joined the ranks of millionaires, thanks to the company’s skyrocketing success. However, this fortune…
J.P. Morgan Slashes Apple’s Stock Target: iPhone Demand Slowdown & Services Under Pressure
June 27, 2025 – AppleInsider, a well – known tech media outlet, reported yesterday that J.P. Morgan has revised its price target for Apple’s stock downward, cautioning about a potential slowdown in iPhone demand due to an early buying spree and waning interest in new models. In an investor report, the financial institution lowered its…
Online Book Retailers Face Shipping Fee Challenge in France
October 09, 2023 – France Takes a Stand to Protect Independent Bookstores In a bid to safeguard the existence of independent bookstores, the French government has introduced a new regulation requiring online book retailers to charge a minimum of 3 euros (approximately 23 Chinese yuan) for shipping each book. This law came into effect on…
OpenAI Reveals Refreshed Logo and Introduces New Font in Brand Update
February 5, 2025 – OpenAI has announced the completion of a comprehensive brand refresh, unveiling a new font, logo, and color scheme. At first glance, the differences between OpenAI’s old and new logos may seem subtle. However, upon closer inspection, it becomes apparent that the updated “flower” logo features a slightly enlarged central space and…
Japanese Game Console Market Hits Five-Year Low, Hardware Sales Drop 30.3% in 2024
February 7, 2025 – Japanese gaming magazine Famitsu released preliminary data last month on the Japanese home game console and game market for 2024, revealing a significant decline. According to the report, the Japanese home game market shrunk by 25.4% compared to the same period last year, reaching 301.32 billion yen. Breaking down the numbers,…
Meta Pays Millions for Hollywood Voices to Enhance AI Projects
August 03, 2024 – According to a report by Bloomberg early this morning, several sources familiar with the negotiations have revealed that Meta is offering millions of dollars to Hollywood celebrities in exchange for their voice recordings and the rights to use their voices in AI projects. These sources indicated that the company is currently…
Tariff Tsunami: Apple’s Cumulative Costs Surge Past $3.3 Billion, Pressuring Profit Margins
October 31, 2025 – During Apple’s fiscal Q4 2025 earnings call (ending September 27), CEO Tim Cook revealed that tariff-related costs had reached approximately $1.1 billion for the quarter spanning July to September. This figure aligned closely with the company’s prior projections, marking a significant drag on profitability amid ongoing global trade tensions. The financial…
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,…
Nvidia Acquires Run:ai to Boost AI Infrastructure Capabilities
April 25, 2024 – Nvidia has recently announced its acquisition of Run:ai, a move aimed at bolstering the latter’s product roadmap and integrating its resources into Nvidia DGX Cloud. While the specific details of the acquisition, including the purchase price and completion date, remain undisclosed, an informed source revealed to TechCrunch that the deal was…
GM Claims Second Spot in US EV Sales, Ford Challenges the Ranking
November 05, 2024 – General Motors has announced that it sold 32,000 electric vehicles in the third quarter of this year, securing the second spot in the US electric vehicle sales rankings. The sold vehicles include models such as the Chevrolet Silverado, Blazer, and Equinox EV, along with the GMC Hummer EV and Cadillac Lyriq….