Meta Fires Employees Over Abuse of $25 Meal Allowance
October 18, 2024 – According to a report by the Financial Times, Meta has terminated over 20 employees in Los Angeles due to the misuse of a $25 meal voucher. It is understood that Meta employees are entitled to a daily allowance of 70,whichincludesanadditional25 specifically designated for meals, essentially Grubhub credits for internal use within…
FF’s Q3 Milestone: Three FF 91 Deliveries and Production Expansion Readiness
September 28, 2023 – Faraday Future (FF) CEO Matthias Aydt has issued a letter to all shareholders, outlining the company’s recent developments and its path forward. In the missive, Aydt emphasizes FF’s readiness to expand its production capacity. Over the past year, FF has made significant strides in the development of the FF 91 2.0…
Intel Should Prioritize AI Over Foundry Services Transition, Says TSMC Founder
December 10, 2024 – At a recent event for the launch of his autobiography, TSMC founder Zhang Zhongmou expressed his views on Intel’s current situation, stating that the company should have focused on artificial intelligence rather than attempting to transition into a chip foundry role. According to Reuters, Zhang, who is also known as Morris…
Tesla CEO Elon Musk Urges Toyota to Embrace NACS Charging Standard
June 15, 2023 – Automakers across the globe are accelerating their efforts towards electrification, revolutionizing the future of transportation. As the demand for electric vehicles (EVs) continues to soar, major players in the industry are striving to develop innovative solutions that address the challenges of charging infrastructure. In recent weeks, a notable shift has occurred…
SK Hynix Unleashes Industry-Leading Performance with PCB01 SSD, Mass Production to Begin This Year
June 28, 2024 –On June 28th, SK Hynix announced the development of its new solid-state drive (SSD), the PCB01, touted as the “industry’s highest performance” storage solution specifically designed for AI-enabled personal computers. According to SK Hynix, the PCB01 is the first in the industry to utilize the PCIe 5.0 x 8 interface technology, significantly…
China’s Humanoid Robots Enter Era of 10,000-Unit Mass Production with 30-Minute Assembly Time
March 30, 2026 – China’s humanoid robot sector has made a crucial leap towards large-scale mass production. The country’s first automated production line for humanoid robots, capable of producing over 10,000 units annually, was officially put into operation in Guangdong yesterday. This marks China’s pioneering entry into a new era of large-scale mass production in…
Western Digital Faces $315.7M Penalty for Data Encryption Patent Infringement
October 20, 2024 – According to a report by Reuters, a jury in a California federal court has ordered Western Digital to pay $315.7 million in damages for infringing on a data encryption patent held by SPEX Technologies. The patent, originally developed by Spyrus Inc., pertains to data encryption technology for PCMCIA and Compact Flash…
OpenAI Set to Unveil ‘Strawberry’ Large Model in Two Weeks, Promises Advanced Reasoning Capabilities
September 11, 2024 – On August 7th, local time, Altman sparked widespread discussion online by posting a photograph of strawberries, hinting at the mysterious “Strawberry” project. According to a report by The Information today, OpenAI plans to unveil the “Strawberry” AI model, formerly known as the Q* project, in the next two weeks. This launch…
Baidu’s AI Ambitions: Taking on the Global Tech Giants?
Baidu is reportedly developing its own version of the popular AI chatbot ChatGPT and is set to launch it in March, embedding it within its own search services. If true, this news could lead to a new tech competition between two global powers, as Baidu has previously competed with and outperformed US tech giants in…
Intel Taps Navid Shahriari as New Head of Process Technology Development
October 26, 2024 – According to a report by Oregon Live, Intel has notified its employees on Wednesday local time that Navid Shahriari has been selected to succeed Ann Kelleher as the head of the Technology Development (TD) department. In a statement, Intel clarified, “Ann is not leaving. Given the significance of Technology Development, we…