ByteDance Welcomes French Tycoon Xavier Niel to Its Board

September 02, 2024 – According to the official English website of TikTok’s parent company, ByteDance, Philippe Laffont, the founder of Coatue Management, has stepped down from the company’s board. Meanwhile, Xavier Niel, the French billionaire and founder of Iliad Telecom Group, has joined the ByteDance board. Xavier Niel, a French businessman with a strong presence…

Read More

Apple Maintains Stockpile at 88 Million for iPhone 16 Series, Matching iPhone 15 Levels

September 02, 2024 – Reports have emerged from “Wall Street Insights” claiming that Apple has updated its stockpile guidelines for the upcoming iPhone 16 series to 88 million units, maintaining a similar level to the previous iPhone 15 series. “Stockpile guidelines” refer to the data and criteria used by companies to prepare their inventories, ensuring…

Read More

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…

Read More

Global Smartphone Shipments to Reach 1.23 Billion in 2024: 5% YoY Growth, with Nearly 1 in 5 Featuring GenAI

August 30, 2024 – A pivotal shift in the global smartphone landscape is forecasted by Counterpoint Research, with a groundbreaking announcement on August 29th. The esteemed market analysis firm projects a triumphant resurgence in the industry, predicting a robust 5% year-on-year growth, leading to a total shipment of 1.23 billion smartphones worldwide in 2024. This…

Read More