SoftBank Speeds Up AI Innovation with $6.5 Billion Cash Acquisition of Ampere
March 20, 2025 – In a recent announcement, SoftBank Group has revealed a deal with US-based chip design firm Ampere, where the Japanese conglomerate will acquire 100% ownership of Ampere through a wholly-owned subsidiary in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will continue to operate as a…
U.S. Makes AM Radios Mandatory in New Vehicles for Disaster Preparedness
September 25, 2024 – The U.S. House Energy and Commerce Committee has recently passed the “AM Radio for Every Vehicle Act of 2024,” mandating that automakers must include AM (Amplitude Modulation) radio functionality in vehicles manufactured and sold in the United States. Under this new legislation, the National Highway Traffic Safety Administration (NHTSA) will establish…
Apple Embraces Bigger Screens: No More Small-Screen iPhones
February 20, 2025 – Apple today unveiled the iPhone 16e while bidding farewell to the iPhone SE 3, signaling a shift as the company’s iPhone lineup has fully transitioned into the era of 6.x-inch screens, with no “small-screen” smartphones remaining in its sales portfolio. Here’s a look back at the evolution of iPhone screen sizes…
Tesla expands Texas factory with $59 million mold workshop
Tesla, the electric vehicle giant, has submitted a new application to build a mold workshop at its Texas factory, spending $59 million. This comes just one week after the company submitted an application to expand the factory, with plans to spend $717 million on four projects covering 1.4 million square feet. According to the application,…
2024 Foldable Phone Shipment Shakeup: Samsung Down, Huawei and Xiaomi Up
April 1, 2025 – The market research firm CounterPoint Research released a blog post on March 28th, revealing that the global foldable smartphone market experienced a mere 2.9% growth in 2024, marking a significant deceleration. The report further projects that the market will witness its first single-digit negative growth in 2025 but anticipates a robust…
Ferrari Unveils Novel Anti-Counterfeit Reward Program to Protect Brand Integrity
December 12, 2023 – In a recent innovative approach to protecting its intellectual property, the renowned Italian supercar manufacturer Ferrari has launched a unique initiative titled “Ferrari Anti-Counterfeit Reward Program”. This program aims to involve the public in safeguarding the brand by encouraging them to report any infringement of Ferrari’s trademarks. In return, participants stand…
Global Billionaires’ Wealth Continues to Surge: Forbes 2024 List Reveals Record Numbers
April 03, 2024 – Forbes released its 2024 Global Billionaires List on April 2nd, revealing a continued surge in wealth among the world’s ultra-rich. According to the report, the number of billionaires has reached an all-time high of 2,781 individuals, an increase of 141 compared to last year and 26 more than the previous record…
Samsung Takes the Lead: First in the Industry to Receive Pantone and SkinTone Validated Certifications for Displays and Laptop Screens
July 04, 2024 – Samsung Display today announced that its QD-OLED displays for monitors and OLED screens for laptops have become the first in the industry to receive both Pantone Validate and Pantone SkinTone Validated certifications. This significant milestone comes a year after Samsung Display’s QD-OLED panels for televisions became the inaugural screens to achieve…
BYD Clarifies: No Official Word on Raising Annual Sales Target to 4 Million
September 11, 2024 – According to a report released by Morgan Stanley’s automotive industry analysts, including Tim Hsiao, on September 9th, it was noted that BYD’s management had announced an increase in their annual sales target to 4 million vehicles, an upward adjustment of approximately 400,000 units compared to their previous sales guidance. In response…
Tesla Founder Rips Musk’s Priorities: Cheap Cars Scraped for “Ugly” Cybertruck and Autonomous Bets
July 31, 2025 – Tesla co-founder Martin Eberhard has voiced his frustration over Elon Musk’s recent decision to scrap the company’s long-anticipated $25,000 electric vehicle (EV) project, while also launching a scathing critique of the Cybertruck’s controversial design. The shelved EV, originally envisioned as an entirely new entry-level model, was seen as a critical step…