Tesla Pushes for Shareholder Approval of Musk’s Lucrative Compensation Package and Texas Relocation
May 16, 2024 – Tesla is actively lobbying its shareholders to approve two key proposals at the upcoming annual general meeting. The first proposal seeks approval for CEO Elon Musk’s 2018 compensation package worth $56 billion (currently valued at approximately 405.44 billion Chinese yuan), while the second proposal aims to relocate Tesla’s incorporation from Delaware…
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…
NVIDIA and Google Team Up to Boost Quantum Processor Development
November 19, 2024 – NVIDIA and Google Quantum AI have announced a collaboration that will utilize the NVIDIA CUDA-Q platform to empower Google researchers in developing large-scale digital models of quantum computers, aimed at addressing design challenges. According to the joint statement, Google’s Quantum AI division will leverage NVIDIA’s Eos supercomputer and its hybrid quantum-classical…
Stellantis Halts T03 EV Production in Poland, Eyes New European Strategies
April 10, 2025 – Stellantis has reportedly halted the production of the Leapmotor T03 electric vehicles at its Tychy plant in Poland starting from March 30, 2025, as per a report by Reuters. The company is now exploring alternative production strategies for Leapmotor vehicles across Europe, though no specifics have been disclosed yet. In a…
GitHub CEO: AI’s Rise in Software Development Won’t Replace Human Coders
September 25, 2023 – The Chief Executive Officer of GitHub, Thomas Dohmke, recently shared his insights on the relationship between artificial intelligence and software development during the TC Disrupt event, as reported by TechCrunch. Dohmke believes that artificial intelligence and software development have become inseparable, driven by tools like Copilot and its companion, Copilot Chat….
Empowering Enterprise Efficiency: Intel and BCG Unveil AI-Powered Office Productivity Tool
May 11, 2023 – In the bustling world of enterprise technology, Intel and Boston Consulting Group (BCG) have joined forces to unveil a groundbreaking office productivity tool that harnesses the power of generative AI. Behind this innovative tool lies the cutting-edge technology, such as ChatGPT, which leverages the ability of AI to craft human-like responses…
TEC Raises $160 Million for Reusable Spacecraft Development
November 18, 2024 – According to a report from CNBC, European space exploration company The Exploration Company (TEC) has announced the completion of a new round of funding, raising $160 million to further develop its reusable spacecraft designed to transport astronauts and cargo to space stations. The funding round was led by Balderton Capital and…
Samsung Tops Apple in Smartphone Shipments: 3 Billion Units Sold in 10 Years
May 17, 2024 – Over the past decade from 2014 to 2024, Samsung has emerged as the clear leader in smartphone shipments, with nearly 3 billion units shipped, according to data from the investment analysis platform AltIndex, which is based on figures released by IDC. This impressive tally puts Samsung ahead of Apple by a…
OpenAI’s Ambitious Plan: Transforming ChatGPT into a Super Intelligent Personal Work Assistant to Compete with Microsoft
June 27, 2023 – OpenAI, a leading startup in the field of artificial intelligence, is reportedly gearing up to introduce a groundbreaking product called “TaskMinder.” This move seems to position the company in potential competition with its major investor, Microsoft. According to undisclosed sources cited by The Information, Sam Altman, the CEO of OpenAI, has…
Microsoft Forms Team to Create Small Game Based on Blizzard IPs
August 03, 2024 – Microsoft and Blizzard have formed a new team to develop a small “AA” game, according to a report by Windows Central today. The new team, primarily composed of former King team members, will focus on creating a game based on Blizzard’s existing game IPs such as “Overwatch,” “Warcraft,” and “StarCraft.” This…