Samsung Electronics Reclaims Milestone with Foreign Ownership Reaching 52.08%
May 23, 2023 – In a significant milestone for Samsung, the latest data disclosed by the Korean Exchange reveals that as of May 19, 2023, foreign ownership of Samsung Electronics has rebounded to 52.08%, reaching levels last seen on March 4, 2022. According to the disclosed information, foreign investors had been fervently selling off Samsung…
Groundbreaking Partnership: Boeing and Northrop Grumman Select Intel 18A
July 20, 2023 – In a groundbreaking announcement, Intel has revealed its plans to collaborate with two prominent third-party clients, namely Boeing and Northrop Grumman, in adopting their cutting-edge Intel 18A (1.8nm process) technology. Intel 18A, a newly named process among Intel’s innovative lineup, is part of their strategic roadmap introduced in 2020, which includes…
Sneak Peek: Galaxy S25 AI Features Including YouTube Summaries and Music Search
January 16, 2025 – Ahead of Samsung’s Galaxy Unpacked event on January 22, a leak by @AhmedQwaider888 on X platform has revealed some of the Galaxy AI features expected to be seen on the upcoming Galaxy S25 series. A sneak peek into the AI capabilities of the Samsung Galaxy S25 series suggests various exciting additions,…
Toyota Stands Firm on “Multi – Energy” Strategy: New Corolla to Embrace Hydrogen Power
October 31, 2025 – According to a report by Autocar on October 30 local time, Toyota is set to introduce a hydrogen fuel cell power system in its next – generation Corolla. Alongside hybrid, gasoline, and pure electric options, hydrogen power will become a crucial part of Toyota’s future energy strategy. In a landscape where…
GPT‑4o’s End: OpenAI Announces Discontinuation of Several Big Models
January 29, 2026 – On Thursday, OpenAI made an announcement that it would be discontinuing the use of several models in its ChatGPT chatbot starting next month, among which the well – liked GPT – 4o model by many users is included. Back in May 2024, OpenAI launched the GPT – 4o large – scale…
ByteDance Refutes Acquisition Rumors: No Oracle-Led Consortium Deal for TikTok US
July 8, 2025 – A week ago, Bloomberg reported that ByteDance was in talks with a consortium consisting of Oracle, Blackstone Group, and venture capital firm Andreessen Horowitz regarding the potential sale of TikTok’s U.S. operations. In response to this news, ByteDance told Yicai Global today that the report was false and that no agreement…
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…
Microsoft’s Massive 15,000-Employee Layoff: Nadella Admits “Deep Remorse”
August 7, 2025 – According to a report from Tech4gamers on the 6th, Microsoft has laid off a total of 15,000 employees this year, a move that has drawn widespread criticism. Some loyal users have even gone as far as to boycott Xbox in response. It’s said that Microsoft’s main motivation behind this decision is…
Volkswagen’s MAN to Reduce Workforce by 2,300 in Germany Amid Cost Pressures
November 29, 2025 – On November 27 local time, MAN, a commercial vehicle manufacturing subsidiary under Germany’s Volkswagen Group, announced that amid the ongoing struggles in the German automotive sector, it would cut 2,300 jobs in Germany to reduce operational costs. MAN, which mainly produces trucks, buses, and diesel engines, stated that it is under…
Stellantis to Decide Fate of UK Factories in Coming Weeks Amid Zero-Emission Mandate
October 17, 2024 – Following months of dialogue with the UK government regarding the mandatory sales of zero-emission vehicles, Stellantis NV CEO Carlos Tavares has revealed that the company is on the cusp of making a critical decision about its future in Britain. The automaker, which owns the British brand Vauxhall, had previously cautioned in…