FF Global subsidiary signs amended Shareholder Agreement with super voting rights
FF Global, a company made up of FF founding shareholders and former and current core executives, announced today that its wholly-owned subsidiary, FF Top LLC (FF Top), has signed an amended and restated Shareholder Agreement (the “Agreement”) with the company. According to the announcement, the newly signed Agreement will require the company to submit binding…
Ubisoft Confirms: ‘Assassin’s Creed: Shadow’ Now Steam Deck Verified
March 16, 2025 – Ubisoft Announces ‘Assassin’s Creed: Shadow’ Verified for Steam Deck, Launching on March 20th In a recent announcement, Ubisoft has confirmed that “Assassin’s Creed: Shadow” has successfully passed the Steam Deck verification process and will be released on March 20th. It’s worth noting that at launch, Steam Deck users will not have…
Mercedes-Benz to Forge Ahead with Pure Electric Vehicle Platforms
May 16, 2024 – Amidst recent rumors suggesting a reduction in investment towards electric vehicle (EV) platform research and development, as well as the abandonment of the planned MB.EA Large architecture, Mercedes-Benz has responded to Dongchedi, reassuring its commitment to electric transformation. The automaker stated, “Mercedes-Benz will not stop developing new pure electric vehicle architecture…
OpenAI Aims for $7 Trillion Chip Empire, Partners with Broadcom on New AI Chip Development
July 19, 2024 – According to a report by The Information today, OpenAI has been in contact with multiple chip designers, including Broadcom, to jointly explore the development of a new AI chip. The company’s venture into chip manufacturing aims to not only efficiently integrate hardware and software, aspiring to become the “Apple of AI,”…
xAI’s Financial Gap: 13BAnnualBurnvs.500M Revenue Prediction Poses Huge Challenge
June 19, 2025 – Bloomberg reported yesterday that Elon Musk’s AI venture, xAI, is pouring substantial resources into developing cutting-edge AI models like Grok, with massive investments in server clusters and specialized chips. The company is reportedly burning through $1 billion each month to fuel its ambitious projects. Projections indicate that xAI’s annual expenditures could…
Strategic Move: IBM Eyes $5 Billion Deal to Acquire Apptio
June 25, 2023 – IBM to Acquire Apptio in a Multibillion-Dollar Deal IBM Corporation, a leading technology company, has announced its plans to acquire software company Apptio from private equity firm Vista Equity Partners for a staggering $5 billion. This strategic move showcases IBM’s commitment to expanding its presence in the software market and driving…
Samsung Launches ViewFinity S6 S65TC: A 34-Inch Ultrawide Powerhouse in Korea
December 21, 2023 – Samsung has unveiled a new addition to its display lineup in South Korea, the ViewFinity S9 S95UC, a 49-inch ultrawide monitor, along with the 34-inch ViewFinity S6 S65TC monitor. Exclusively available in the Korean market, the ViewFinity S6 S65TC is priced at 900,000 Korean Won (approximately 4941 RMB) and carries the…
Intel Halts Investment in French R&D Center and Puts Italian Factory Plans on Hold
July 23, 2024 – In a recent development, the technology giant Intel has reportedly shelved its chip investment plans in France and Italy, as revealed in an official statement obtained by POLITICO on the 4th of this month. This announcement aligns with the sentiments expressed by Italian Industry Minister Adolfo Urso back in March. According…
Toyota, Honda, Mazda Executives Bow in Apology Over Car Certification Fraud
June 04, 2024 – Following a series of investigations prompted by previous irregularities at Daihatsu Industrial Co., the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) of Japan announced on June 3rd that it had conducted an investigation into 85 automakers to assess whether there were any irregularities in their mass production certification applications. The…
Tesla Showcases Its Innovations: Cybertruck and FSD Updates at World AI Conference
July 01, 2024 – According to a report by the “Science and Technology Innovation Board Daily” today, Tesla is set to showcase its latest advancements in artificial intelligence technology at the upcoming World Artificial Intelligence Conference (WAIC) 2024. The company will exhibit its Cybertruck, an innovative all-electric pickup truck, the Optimus humanoid robot, and the…