Facing Profit Decline, Stellantis Considers Shutting Down or Selling Unprofitable Brands
July 29, 2024 – Following a significant drop in profits during the first half of this year, Stellantis CEO Carlos Tavares has indicated a possible sale of the company’s underperforming brands. In an interview on the 26th, as reported by Autocar, Tavares warned, “If they are not profitable, we will shut them down. We cannot…
OpenAI Revises Secondary Stock Sales Policy, Granting Equal Access to Current and Former Employees
June 25, 2024 – In a significant shift of its policies, OpenAI has announced a revised approach to secondary stock sales, now enabling both current and former employees to participate equally in annual tenders, according to a report by CNBC. Previously, OpenAI had imposed restrictive measures that determined who could engage in stock sales, causing…
NASA Announces Further Delay in Boeing’s Starliner Maiden Manned Flight Test
June 2, 2023 – The scheduled crewed test flight of Boeing’s StarLiner spacecraft to the International Space Station, originally planned for July 21 this year, has once again been postponed, as reported by The New York Times. Yesterday, both Boeing and NASA announced that the inaugural manned flight test of the StarLiner spacecraft would be…
Nintendo Switch 2 Release Date Revealed: Not Earlier Than April Next Year
August 14, 2024 – Recent revelations from Chris Dring, the editor of GamesIndustry.biz, have indicated that developers have been informed that Nintendo’s new console will not be released before April 2025. In May of this year, Nintendo confirmed that it would unveil its next-generation console within its fiscal year ending on March 31, 2025. However,…
Google to Launch Three Variants of Pixel 9 Series: Standard, Pro, and XL Editions Confirmed
May 07, 2024 – Recent reports from technology media outlet Android Central have revealed photos of protective cases for the upcoming Google Pixel 9 Pro and Pixel 9 XL smartphones, confirming once again that Google plans to unveil three variants of its Pixel 9 series this year: the standard edition, the Pro edition, and a…
Orlins Urges US and China to Share Green Tech, Says Decoupling Would Raise Costs for Consumers
October 21, 2026 – Stephen A. Orlins, president of the National Committee on U.S.-China Relations, said his recent visit to Xiaomi’s Beijing smart factory left him “stunned” by the scale of its robot-driven automation, and used the experience to argue that Washington and Beijing should cooperate in green industries rather than push for decoupling. Speaking…
Mercedes-Benz Upgrading EQE and EQS Electric Models to 800V High-Voltage Charging
**August 22, 2023 – Transforming Electric Mobility: Mercedes-Benz’s Cutting-Edge EVA2M Platform Upgrade** In an era where innovation continues to reshape the automotive landscape, Mercedes-Benz is taking a bold step forward with its visionary electric vehicle (EV) technology. Recent reports from German automotive media outlet JESMB unveil an ambitious plan by Mercedes-Benz to revolutionize their electric…
Intel to Lay Off 15,000 Employees: CEO Pat Gelsinger Describes ‘Painful’ Decision
August 02, 2024 – Following the release of its financial report today, Intel CEO Pat Gelsinger announced a series of “significant cost-cutting measures” in a memo sent to employees. These measures, aimed at aligning the company’s cost structure with its new operating model, include plans to save $10 billion in costs by 2025. A key…
Apple’s Vision Pro App Store Unveiled: Developers Welcomed to Submit Applications
January 17, 2024 – In recent updates, it has been reported by the media that Apple has officially launched the App Store for Vision Pro and has commenced accepting applications from developers. Developers are now empowered to release applications for visionOS, and once approved through Apple’s stringent review process, these applications will become available on…
Faraday Future Unveils Major OTA Update for FF 91 2.0, Introducing 750+ New Features
January 22, 2024 – Faraday Future, the electric vehicle company helmed by Jia Yueting, has announced today that their flagship model, the FF 91 2.0, has undergone its first major Over-The-Air (OTA) update since deliveries commenced last year. The update, according to the company, introduces 752 new features and enhances 846 existing functionalities. Among the…