Volvo Unveils $1.9B Cost-Cutting Drive, Shares Slide Nearly 10%
April 30, 2025 – Volvo Cars unveiled a significant cost-reduction initiative on Tuesday, local time, targeting an estimated $1.87 billion in savings, while simultaneously retracting its financial outlook for the upcoming years amid a sharp decline in first-quarter operating profits. The Swedish automaker’s latest financial report revealed a substantial drop in operating profit, plummeting to…
Bill Gates: AI’s Rapid Progress Makes Job Hunting Tougher for Graduates
July 29, 2025 – In a recent interview with CNN this past Sunday, Microsoft co-founder Bill Gates shared his insights on the rapid evolution of artificial intelligence (AI), stating that its progress has far outstripped his initial expectations, particularly in areas like programming and in-depth research. Gates highlighted that AI is set to transform the…
Tesla Struggles in Germany as 94%+ of Surveyed Consumers Say ‘No’
March 16, 2025 – A recent survey involving over 100,000 Germans has revealed a stark decline in interest for Tesla vehicles, with a staggering 94% of respondents indicating they would not consider purchasing a Tesla. This finding adds to the company’s growing challenges in Europe, a crucial market where its sales have already been on…
Tesla’s Optimus Steps into Domestic Realm: Trash Disposal, Sweeping & Cooking Skills Unveiled
May 22 2025 – During an interview with CNBC at Tesla’s Giga Texas facility, Elon Musk reiterated his stance that the Optimus humanoid robot is set to become “one of Tesla’s most pivotal products.” As if to underscore the CEO’s vision, Tesla’s official Optimus social media account unveiled what may well be the most striking…
Restock Alert: 512GB Model of Coral Pixel Fold Now Available in the US
May 29, 2023 – A Pixel Fold smartphone with a foldable display was unveiled by Google at the I/O 2023 conference, sparking excitement among tech enthusiasts. The device immediately opened for pre-orders, and the high-end model featuring 512GB of storage briefly experienced a “sold out” status in the United States. However, the availability of the…
Tesla Leases Additional Facility in California for 4680 Battery Production
June 12, 2023 – In a recent development, Tesla, the electric vehicle giant that had already doubled the production capacity of its 4680 batteries in the third quarter of last year, is now preparing to further increase their production in California. Reports suggest that Tesla has leased a new facility for this specific battery type….
Micron’s DDR5 Memory Validation Completed, Performance Improved by Almost 49%
Micron Technology recently announced that its DDR5 server memory products for data centers have been validated on the fourth-generation Intel Xeon Scalable processors. The company stated that through its collaboration with Lenovo, combining Micron’s DDR5 with the fourth-generation Intel Xeon Platinum 8480H processor resulted in an increase of 43% in SAP workload processing when compared…
A Visual Marvel: The Impressive Dimensions of the iPhone 16 Ultra Revealed
May 23, 2023 – In a surprising revelation, renowned screen supply chain consultancy firm, DSCC, has recently disclosed intriguing details about Apple’s upcoming iPhone 16 Pro and iPhone 16 Pro Max. According to their CEO, Ross Young, these next-generation devices will boast larger screen sizes, measuring 6.3 inches and 6.9 inches respectively. As anticipation builds…
NVIDIA’s GB200 AI Chips in High Demand, Boosting Orders for Packaging and Testing Factories
June 24, 2024 – According to a report by the Economic Daily News, a Taiwanese media outlet, NVIDIA’s new GB200 series AI chips are in high demand, with supplies struggling to meet the current market needs. Following an increase in the production volume of advanced processes at TSMC, NVIDIA has placed additional orders with backend…
Google’s AI Strategy: Why Pixel 8 Users Face Limited Access to Gemini Nano
March 31, 2024 – Earlier this month, Google sparked curiosity with its announcement that amongst its two newest smartphones, Pixel 8 and Pixel 8 Pro, only the latter would support its cutting-edge artificial intelligence model, “Google Gemini”. Despite the phones’ similar specifications, Google cited vague “hardware limitations” as the reason for excluding the model on…