Intel Executives Discuss Potential Spin-off of Foundry Services as Separate Subsidiary

December 13, 2024 – At the recent Barclays 22nd Global Technology Conference, co-CEOs of Intel, Michelle Johnston Holthaus and David Zinsner, acknowledged that the company still has a considerable journey ahead in terms of product enhancement and restoring customer confidence. During the conference, Holthaus stated, “When selecting Intel products, we prioritize which manufacturing partner best…

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Tesla Pushes for Shareholder Approval of Musk’s Lucrative Compensation Package and Texas Relocation

May 16, 2024 – Tesla is actively lobbying its shareholders to approve two key proposals at the upcoming annual general meeting. The first proposal seeks approval for CEO Elon Musk’s 2018 compensation package worth $56 billion (currently valued at approximately 405.44 billion Chinese yuan), while the second proposal aims to relocate Tesla’s incorporation from Delaware…

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Google Brings Chrome Browser to Car Infotainment Systems, Revolutionizing In-Car Experience

January 11, 2024 – As internet technology continues to advance, in-vehicle infotainment systems have become a staple in modern automobiles. However, traditional systems often lack the versatility to cater to users’ diverse needs. At the CES 2024 exhibition, Google announced a game-changing innovation: the integration of its Chrome browser into car infotainment systems. This groundbreaking…

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Tesla Stock Surge Propels Musk Back to Top of World’s Richest List

January 30, 2024 – Tesla Shares Surge, Boosting Musk Back to World’s Richest In a significant market move on January 29th, Tesla’s stock price experienced a notable increase of 4.19%, closing at 190.93pershare.Thissurgeinvalueelevatedthecompany′stotalmarketcapitalizationtoawhopping606.95 billion. Consequently, this significant jump in Tesla’s stock price has propelled its CEO, Elon Musk, back to the top spot as the…

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HP to Lay Off Up to 2000 Employees Amid US Tariff Impact on Profits

February 28, 2025 – HP Inc. released its second-quarter profit forecast yesterday, revealing figures that fell short of market expectations. The company attributed the lower-than-expected profits to “increased component costs and tariffs imposed by the US authorities.” According to HP, earnings per share for the second fiscal quarter ending in April are expected to range…

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