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…
Warren Buffett to Leave Just 0.5% of His Wealth to His Three Children, Reveals Estate Plans
November 27, 2024 – In a letter addressed to shareholders of Berkshire Hathaway on the 25th of the month, 94-year-old Warren Buffett announced his decision to convert 1,600 Class A shares of the company into 2.4 million Class B shares. These newly acquired Class B shares will then be donated to four family charitable funds….
Foxconn Pumps $1.5B into India to Supercharge Apple iPhone Production Capacity
May 20 2025 – A strategic investment move by Foxconn Technology Group, Apple’s primary iPhone assembler, has surfaced following regulatory disclosures. The Taiwan-based electronics giant confirmed through Monday’s stock exchange filings that its Singapore-based subsidiary has injected $1.5 billion into its Indian operations, a maneuver aimed at scaling production capacity across its southern Indian manufacturing…
Ford Announces 4,000 Job Cuts in Europe Amid Passenger Car Struggles
November 21, 2024 – Ford Motor Company has announced plans to lay off 4,000 employees in Europe, primarily affecting its operations in the UK and Germany. The decision comes as the automaker expresses concerns over the “health” of its passenger vehicle business. According to Ford, the company has suffered “significant” losses in recent years due…
Apple’s iPhone Hits New High with $1,018 Average Retail Price in the US
November 07, 2024 – According to a report released by market research firm CIRP on November 6th, the weighted average retail price (US-WARP) of iPhones in the US market has reached $1,018. This increase is attributed to consumers’ growing preference for Pro models and their demand for higher storage capacities. The report highlights that in…
Toyota’s Market Value Jumps $20.9 Billion as it Aims to Double ROE to 20%
December 27, 2024 – Toyota Motor Corporation’s stock surged 8.78% at the close of the U.S. stock market on December 26th, resulting in a significant increase of $20.9 billion in market capitalization overnight. According to a report by Nikkei Asia on Wednesday, Toyota is striving to double its return on equity (ROE) target to 20%….
Foldable Phone Market Set to Explode in 2026: Huawei, Samsung, Apple Lock Horns in High-Stakes Showdown
December 10, 2025 – Market research firm IDC released a blog post yesterday (December 9) predicting that the global foldable smartphone market is set for explosive growth in 2026, driven by Apple’s debut foldable iPhone and Samsung’s triple-fold device. The year is expected to see a 30% year-on-year surge in shipments, marking a significant turning…
Meta’s Quest v72 Update Brings Enhanced Hand Tracking and Streamlined PC Pairing
December 10, 2024 – Meta has recently announced the rollout of the Quest v72 update, introducing a slew of new features that enhance the virtual reality experience. These advancements include accelerated hand tracking, easier pairing with Windows 11 PCs, and improved keyboard visibility in the VR environment. The update will be gradually released, meaning some…
Musk: X Aims to Be an Upgraded WeChat as Chinese Can’t Live Without It
December 2, 2025 – In a recent podcast episode of “People by WTF,” Tesla CEO Elon Musk, during a conversation with Nikhil Kamath, the co – founder of Zerodha, reiterated his ambitious plan to transform the social platform X into a “WeChat++” outside of China, an all – in – one platform integrating information dissemination…
Tesla Makes Progress: 3,000 Trees Felled Under Police Escort in Berlin
September 26, 2024 – Tesla’s expansion plans for its Berlin factory are facing strong opposition from environmental organizations. Local residents and environmental activists are concerned that the expansion will damage the local forest ecology and have a negative impact on the environment. Earlier this year, residents of Grunheide, where the Tesla Berlin factory is located,…