Samsung and Korean Union Agree on 5.1% Salary Increase, Taking a Crucial Step Towards Reconciliation
November 16, 2024 – According to a report by Yonhap News Agency, Samsung Electronics has reached a preliminary agreement with its largest labor union in Korea, the National Samsung Labor Union, on the 2024 wage negotiations. The agreement, which includes a 5.1% salary increase, is set to be submitted to union members for a vote…
Intel CEO Gelsinger to Unveil ‘Cost-Cutting, Efficiency-Boosting’ Plan for Company Revival
September 02, 2024 – According to a report by Reuters, citing informed sources, Intel CEO Pat Gelsinger and his executive team are expected to submit a plan to the company’s board later this month. The plan aims to revive the fortunes of the once-dominant chipmaker by divesting unnecessary businesses and reorganizing capital expenditure. The proposed…
ChatGPT’s Advanced Voice Mode Gets a Human Touch & Multilingual Translation Boost
June 9, 2025 – OpenAI has rolled out a major enhancement to its premium voice mode for ChatGPT subscribers, bringing notable improvements in vocal intonation, naturalness, and emotional depth to deliver a smoother and more “human-like” interaction experience. According to OpenAI, the upgraded advanced voice mode has further refined the naturalness of speech, incorporating more…
Tesla’s Model 2: Affordable, Practical, and Coming in 2025
October 20, 2023 – Elon Musk announced during a recent earnings call that deliveries of the Cybertruck electric pickup will commence on November 30th. Furthermore, the forthcoming Model 2 is set to emphasize “practicality” and will boast a production speed far exceeding that of the Cybertruck. During the call, Musk revealed that Tesla’s soon-to-be-released, budget-friendly…
Elon Musk’s xAI Aims for 75BillionValuationwith10 Billion Funding Round
February 15, 2025 – According to sources cited by Bloomberg today, Elon Musk’s artificial intelligence venture, xAI, is in the process of seeking around 10billioninfunding,whichisexpectedtopropelthecompany′svaluationtoastaggering75 billion. Existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners, are reportedly in discussions to participate in this latest funding round. However, the source cautioned that the specific…
Western Digital Faces $315.7M Penalty for Data Encryption Patent Infringement
October 20, 2024 – According to a report by Reuters, a jury in a California federal court has ordered Western Digital to pay $315.7 million in damages for infringing on a data encryption patent held by SPEX Technologies. The patent, originally developed by Spyrus Inc., pertains to data encryption technology for PCMCIA and Compact Flash…
Uber partners with car manufacturers for low-cost electric vehicles for ride-hailing and delivery
Uber is reportedly working with car manufacturers to design cost-effective electric vehicles for its ride-hailing and delivery services. This is part of the company’s effort to electrify its fleet. Uber CEO Dara Khosrowshahi announced at an event that the company is collaborating with manufacturers to develop vehicles that are optimized for urban use, transporting passengers…
Apple’s Promotional Activities Boost iPhone Shipments in China by 12%
May 09, 2024 – Following Apple’s promotional activities in the Greater China region, statistics from foreign media indicate that iPhone shipments in China increased by approximately 12% in March. This significant growth contrasts sharply with the 37% decline in iPhone sales during the first two months of 2024, suggesting that Apple’s strategies to stem the…
Rapid Price Surge: NVIDIA A800 Chip Witnesses a Nearly ¥20,000 Increase in Just Two Weeks
July 10, 2023 – The NVIDIA A800 Tensor Core GPU, a deep learning acceleration card produced by NVIDIA, has been making headlines recently with a significant price surge. Reports suggest that the market price of the NVIDIA A800 80GB PCIe standard edition GPU has risen from around 90,000 Chinese Yuan per unit to approximately 110,000…
Pat Gelsinger Leads Gloo to Develop Religious AI Chatbots with DeepSeek
March 26, 2025 – Pat Gelsinger, former CEO of Intel and VMware, has announced his ascension to the role of Executive Chairman and Chief Technology Officer at Gloo, a tech company specializing in serving the faith-based ecosystem. In this new capacity, Gelsinger will spearhead the development of the world’s first vertical industry cloud platform catered…