Rust Foundation Receives Million-Dollar Donations from Tech Giants to Bolster Key Projects
May 12, 2024 – The Rust Foundation recently announced the receipt of a generous donation of $1 million from Microsoft, which had been made in December 2023. This significant contribution, equivalent to approximately 7.23 million Chinese yuan, will be invested in various critical projects to support the Rust programming language and community. According to the…
Nokia Boosts 5G and 4G Revenue with Acquisition of Global API Hub
November 14, 2023 – Nokia announced on Wednesday that it has acquired the world’s largest Application Programming Interface (API) hub and marketplace from the US-based company, Rapid. This strategic move aims to bolster the revenue of its 5G and 4G network business. Like other telecommunications equipment manufacturers, Nokia has been exploring ways to monetize its…
Tesla Adjusts FSD Pricing: Musk Responds to Criticism
April 22, 2024 – Recent reports have indicated that Tesla has made several adjustments to the pricing of its FSD (Full Self-Driving) software, sparking widespread discussion and raising questions about the pricing strategy adopted by Elon Musk and Tesla. In response to external inquiries, Musk commented on an article discussing Tesla’s frequent price adjustments, stating…
Amazon Prime Video Launches Ads in the US, Anticipating a New Revenue Boom
January 30, 2024 – Amazon has reportedly begun rolling out advertisements on its Prime Video service in the United States, a move that is anticipated to open up a new revenue stream for the retail giant. Industry experts are estimating that this new venture could generate up to 5billionannuallyforAmazononcefullyimplemented.Ofthissum,3 billion is expected to come directly…
Intel’s Arc Xe Graphics Card Family Expands with Five New Products
October 13, 2023 – Intel’s Arc Xe Graphics Cards Set to Expand with Five New Additions In a recent discovery within the open-source i915 Direct Rendering Manager driver, Phoronix has stumbled upon some intriguing news for tech enthusiasts. It appears that Intel’s Arc Xe graphics lineup is about to receive a significant boost with the…
After Announcing 7,000 Layoffs, Continental AG to Cut 3,000 More R&D Jobs in Germany
February 19, 2025 – According to a report by Reuters, the German Continental AG announced on Tuesday local time that its automotive division plans to cut 3,000 research and development jobs by the end of 2026. This layoff measure is being implemented in addition to the previously announced reduction of 7,000 jobs, as part of…
Apple’s Vintage Treasure: Rare Apple-1 Computer Hits the Auction Block, Expected to Fetch Up to $300K
February 28, 2025 – The auction market has always been a hotbed for Apple’s unique products, vintage devices, prototypes, and documents bearing Steve Jobs’ autograph, often fetching prices in the thousands of dollars. According to a report by MacRumors, RR Auction has kicked off a new round of auctions featuring Apple classics today. One of…
Amazon Makes Its Move: Officially Enters Online Car Sales Business
December 11, 2024 – Amazon today announced its official entry into the online car sales business, launching Amazon Autos in select regions of the United States. Amazon Autos, an e-commerce initiative, enables customers to search, order, and purchase new cars, trucks, and SUVs from dealerships. The retail giant has kicked off this new venture with…
Samsung’s Upcoming Exynos 2500 Expected to Outperform Qualcomm’s Flagship Processor
April 21, 2024 – Samsung is poised to make a significant leap forward with its upcoming mobile processor, the Exynos 2500, which is rumored to surpass Qualcomm’s flagship Snapdragon 8 Gen4 processor. According to insiders, the Exynos 2500 is expected to excel in both energy efficiency and raw performance when compared to its rival, the…
Germany’s Solar Surge Sends Electricity Prices Into Negative Territory
May 27, 2024 – According to a report by Business Insider, Germany’s aggressive push towards solar energy has led to a surge in electricity generation, exceeding consumer demand and resulting in a drastic drop in electricity prices. Remarkably, prices have fallen so low that they have even reached negative territory, creating a bizarre energy market…