Tesla Model S/X: Europe Follows China in Offering Only Stock Vehicles
July 31, 2025 – Once the shining stars of Tesla’s electric vehicle lineup, the Model S and Model X have now seemingly been relegated to the sidelines in the company’s evolving strategy. Following a similar move in China earlier this year, Tesla has just stopped allowing European customers to order custom-built versions of these two…
NBA Unveils ‘AI Basketball’: Sensors Inside to Track Shooting Accuracy and Fouls
July 31, 2025 – At the start of this month, during the NBA Summer League held in Las Vegas, roughly half of the games featured basketballs equipped with built – in smart tracking chips. The NBA is now seriously considering a full – scale deployment of this technology in its future events. As reported by…
Skechers Unveils Kids’ Shoes with Built-In AirTag Compartment for Parental Tracking
July 31, 2025 – Skechers has just unveiled a new sports shoe specifically designed for children, which comes with a hidden compartment in the heel. This clever feature allows parents to insert an AirTag, enabling them to keep track of their kids’ whereabouts. The compartment is situated inside a small, removable slot at the back…
Meta’s 2025 Q2: Soaring Revenue and Profit with 22% and 36% Growth Respectively
July 31, 2025 – Meta has just unveiled its financial results for the second fiscal quarter of 2025, which ended on June 30. The company reported a remarkable revenue of 47.52billion,markinga2218.34 billion. In the financial report, Meta highlighted that 348 million people now use at least one of its applications on a daily basis. This…
Qualcomm’s Q3 FY2025: $10.365B Revenue with 25% Net Profit Surge
July 31, 2025 – Qualcomm has just unveiled its financial results for the third quarter of fiscal year 2025. The report reveals that the company’s revenue for this quarter reached 10.365billion,markinga102.666 billion, a 25% jump compared to the same period last year. Diluted earnings per share stood at $2.43, up by 29% year – on…
Evercore: Apple’s iPhone Assembly in India Faces 25% Tariff Squeeze with Limited Room to Maneuver
July 31, 2025 – Yesterday (July 30), investment bank Evercore published a blog post, stating that even if a 25% tariff is imposed, Apple will have no choice but to continue assembling iPhones in India. And how Apple will deal with these additional costs in the future has become a major concern. According to Evercore,…
Tata Motors Unveils €3.8 Billion Acquisition of Iveco, Excluding Defense Division
July 31, 2025 – On July 30, Tata Motors of India made a significant announcement, revealing that it had struck a deal with Iveco to form a new commercial vehicle group. This newly – formed entity is projected to have an annual sales volume exceeding approximately 540,000 units. Tata Motors’ acquisition offer for Iveco is…
Samsung Electronics Reports 5.8% QoQ Revenue Decline in Q2 2025
July 31, 2025 – Samsung Electronics has just unveiled its official financial results for the second quarter of 2025. During the reporting period, the company’s consolidated revenue stood at 74.6 trillion Korean won, marking a 5.8% decline from the previous quarter and a marginal 0.7% increase year-on-year. Meanwhile, its operating profit was 4.7 trillion Korean…
Apple’s Strategy Pays Off: iPhone 16e Takes 11% of US iPhone Market in June, 120% More Than SE
July 31, 2025 – A recent report from market research firm CIRP has revealed some intriguing insights into the sales landscape of iPhones in the United States during June 2025. In this period, the iPhone 16e managed to carve out an 11% share of the total iPhone sales in the country. When compared to the…
Apple’s Indian iPhone Production Hits Milestone but Lags Behind China in Efficiency
July 30, 2025 – India has steadily emerged as the top supplier of smartphones to the United States, as Apple accelerates the shift of its iPhone assembly operations to the South Asian nation. Data from research firm Canalys reveals that for the second quarter ending in June, India captured a 44% share of U.S. smartphone…