German Automotive Industry Faces Job Losses of Up to 186,000 by 2035 Amid Transition
October 30, 2024 – According to a recent study published by the German Association of the Automotive Industry (VDA) on Tuesday, the transformation of the German automotive industry could potentially result in the loss of up to 186,000 jobs by 2035, with approximately a quarter of those positions already eliminated. The study, conducted by Prognos…
Elon Musk Announces the Departure from FSD Beta with V12 Release
June 28, 2023 – In a recent Twitter update, Elon Musk, the CEO of Tesla, hinted at the impending conclusion of the “beta” phase for Tesla’s Full Self-Driving (FSD) software. In response to a long-time user of the FSD beta version jokingly suggesting that FSD Beta 12 might only arrive “later this year,” Musk amusingly…
Stellantis to Produce New Model in Italy, While Pure Electric Vehicle Output Remains Limited
December 18, 2024 – According to a recent report by Reuters, Stellantis has allocated a new mass-market vehicle model to one of its Italian factories, as outlined in a long-term production plan submitted to the Italian government this week. Sources indicate that the new model could be manufactured at either the Pomigliano d’Arco plant, located…
Lenovo and Motorola Join Forces with F1: A New Era of Global Partnership
September 06, 2024 – Lenovo Group announced today that it has extended and upgraded its partnership with Formula 1 (F1) to the highest level. From early 2025, Lenovo will serve as both the Global Partner and Global Technology Partner of F1, while its subsidiary, Motorola, will become the Global Smartphone Partner of the racing giant….
SoftBank Pours $2 Billion into Intel: A Strategic Boost for US Chip Giant
August 19, 2025 – On Monday, tech giants Intel and Japan’s SoftBank Group made a major announcement: SoftBank is set to invest a hefty 2billioninIntel.Asperthedeal,SoftBankwillacquirecommonsharesofIntelatapriceof23 per share. This news sent Intel’s stock soaring by 4% in after – hours trading. This investment is widely seen as a significant vote of confidence in Intel. In recent…
Meta Faces €798 Million Penalty from EU for Anticompetitive Practices
November 15, 2024 – The European Commission has imposed a fine of €798 million on Meta today, citing the company’s violation of EU antitrust rules. According to the Commission, Meta unlawfully tied its online classified ads service, Facebook Marketplace, to its social media platform, Facebook, and imposed unfair trading conditions on other online classified ads…
Intel’s Next-Gen Raptor Lake Refresh Processors Set to Soar in Performance
September 06, 2023 – Intel is poised to launch its next-generation Raptor Lake Refresh processors later this month, and already, production versions have made their way onto the Geekbench benchmark testing platform. The official market release is expected to follow suit next month. The flagship model of this new generation, the Core i9-14900K processor, has…
Tesla Eyes California Taxi Fleet, Setting Stage for Fully Autonomous Driving
February 28, 2025 – Tesla is seeking approval from the California authorities to offer ride-hailing services, marking a significant step towards Elon Musk’s ambition of ferrying paying customers, especially as its traditional car sales business faces challenges. The electric carmaker applied for a “transportation charter-party carrier permit” from the California Public Utilities Commission late last…
OpenAI Delays Launch of Free ChatGPT Image Generation Feature
March 27, 2025 – OpenAI CEO Sam Altman took to X today to acknowledge that the popularity of the image generation tool in ChatGPT has far exceeded expectations, leading to a postponement in the rollout plan for free users. Just yesterday, OpenAI hosted a live stream to announce a major upgrade to GPT-4o’s native image…
Apple Launches Paid Podcast:Subscribers Get All 8 Episodes, Non-Subscribers Unlock Weekly
June 25, 2024 – Apple, a company known for its innovation in the technology sector, has ventured into a new territory with the launch of its first-ever paid podcast, “My Divo.” This marks a departure from the company’s previous podcasting efforts, which primarily consisted of free, publicly available content distributed via RSS feeds. With “My…