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…

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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…

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Apple Stake Halved: Buffett’s Berkshire Hathaway Hits $1 Trillion Market Cap Milestone!

August 30, 2024 – Berkshire Hathaway, helmed by the legendary “Sage of Omaha,” Warren Buffett, has achieved a historic milestone by surpassing the colossal market valuation of $1 trillion for the first time, emerging as the pioneering non-tech US corporation to reach this pinnacle. This feat underscores the enduring strength and resilience of the conglomerate…

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