2024 Foldable Phone Shipment Shakeup: Samsung Down, Huawei and Xiaomi Up
April 1, 2025 – The market research firm CounterPoint Research released a blog post on March 28th, revealing that the global foldable smartphone market experienced a mere 2.9% growth in 2024, marking a significant deceleration. The report further projects that the market will witness its first single-digit negative growth in 2025 but anticipates a robust…
Uber partners with car manufacturers for low-cost electric vehicles for ride-hailing and delivery
Uber is reportedly working with car manufacturers to design cost-effective electric vehicles for its ride-hailing and delivery services. This is part of the company’s effort to electrify its fleet. Uber CEO Dara Khosrowshahi announced at an event that the company is collaborating with manufacturers to develop vehicles that are optimized for urban use, transporting passengers…
Apple’s Promotional Activities Boost iPhone Shipments in China by 12%
May 09, 2024 – Following Apple’s promotional activities in the Greater China region, statistics from foreign media indicate that iPhone shipments in China increased by approximately 12% in March. This significant growth contrasts sharply with the 37% decline in iPhone sales during the first two months of 2024, suggesting that Apple’s strategies to stem the…
Porsche CEO Hails Electric 718 as ‘Most Thrilling’ Model Yet
October 16, 2025 – During a recent interview with Germany’s auto motor und sport on the 10th (local time), Porsche CEO Oliver Blume shared exciting details about the brand’s future lineup, including a new fuel-powered SUV set to replace the discontinued Macan, potentially under a fresh name. Blume outlined plans to introduce dedicated fuel-powered and…
TikTok Petitions U.S. Supreme Court for Temporary Halt on Ban Awaiting Appeal Verdict
December 17, 2024 – TikTok, the popular social media platform, announced today via a post on X platform that it has petitioned the U.S. Supreme Court to temporarily halt the impending ban set to take effect on January 19th, pending the progress of its appeal process. Previous reports indicated that the law mandates TikTok to…
Tesla’s Massive $15 Billion Investment in Nuevo Leon, Mexico
September 13, 2023 – In a groundbreaking development, Tesla and its suppliers are set to make a colossal $15 billion investment in the state of Nuevo Leon, Mexico, over the next two years. This staggering figure is three times the previously disclosed amount, marking a significant expansion of Tesla’s footprint in the region. Back in…
OpenAI Dominates AI Landscape: New 50−70BillionFundingRoundtoBoostValuationBeyond150 Billion
September 21, 2024 – According to a blog post published by tech media outlet The Decoder on September 20th, OpenAI is on the verge of closing a massive funding round worth between 5billionand7 billion, potentially pushing the company’s valuation towards $150 billion. Reports indicate that OpenAI has set a minimum investment threshold of $250 million…
Mercedes – Benz Cuts Ties: Sells Off Complete Nissan Shareholding for 478.7 Billion Yen
August 27, 2025 – Mercedes – Benz has officially announced that it has divested all of its shares in Nissan Motor Co. for a sum of 47.87 billion yen, as reported by The Wall Street Journal. The German automaker revealed that it sold 140.1 million Nissan shares at a price of 341.3 yen per share….
A Sneak Peek into AMD’s Next-Gen GPU: The RX 7800 XT
June 23, 2023 – AMD Prepares to Unleash the Power of the RX 7800 XT Graphics Card In the world of high-performance graphics cards, AMD is continuously pushing the boundaries. After the successful launch of the RX 7900 XT flagship series over half a year ago, they are now gearing up to introduce their next…
HMD Global Promises Long-Term Software Updates for Its New Smartphones
May 05, 2024 – HMD Global has recently unveiled a range of smartphones that are hardware-wise considered “basic,” but the company has vowed to provide at least two years of operating system updates and three years of monthly security patches for these devices. The company has recently launched a new webpage on their official site,…