LG Electronics to Unveil XR Devices Next Year, CEO Confirms
January 16, 2024 – LG Electronics CEO Cho Joo-wan has recently confirmed to The Guru, a South Korean technology media outlet, that the company is planning to unveil XR devices as early as next year. However, due to the lack of distinction between singular and plural forms of the word “device” in Korean, it remains…
Riot Games Temporarily Closes LA Office Amid Fires, Keeps Essential Operations Running
January 13, 2025 – According to a report by Polygon, Riot Games, the developer of League of Legends, has announced the closure of its Los Angeles office for at least this week due to the ongoing wildfires in Los Angeles and surrounding areas. The company will maintain only “critical functions” to ensure the normal operation…
Microsoft Goes All-in with Copilot: A New Chapter in Tech Integration
December 29, 2024 – Microsoft has announced plans to rename its Microsoft 365 app to Microsoft 365 Copilot, effective mid-January 2025. This change is not merely cosmetic, as it also involves modifications to the application’s icon and user interface. The renaming underscores Microsoft’s commitment to the Copilot brand, which has already been featured on several…
Meta Sets Sights on 5% Layoffs, Focusing on Underachieving Employees
January 15, 2025 – In an internal memo released today, Mark Zuckerberg, the CEO of Meta, announced that the company is set to embark on a fresh round of layoffs aimed at elevating performance management standards and swiftly removing underperforming employees. This round of layoffs will impact roughly 5% of employees who have failed to…
Samsung Electronics Reports Historic Low Profits in 2023, Blames Semiconductor Downturn
January 31, 2024 – In a recent announcement, Samsung Electronics has revealed its financial results for the fourth quarter and the entirety of 2023, painting a bleak picture for the tech giant. The company’s operating profit for the year plummeted by a staggering 84.86%, reaching a historical low of 6.567 trillion Korean won (approximately 35.4…
Tesla’s ‘Cortex’ Supercomputer Unveiled: A Glimpse into the Future, Yet Incomplete
August 27, 2024 – Tesla Unveils Ambitious ‘Cortex’ Supercomputer, Paving the Way for AI Advancements Amidst Construction Hurdles Elon Musk, the visionary CEO of Tesla, today lifted the veil on the company’s groundbreaking new supercomputer, ‘Cortex,’ positioning it as a potential contender for the title of one of the world’s largest, albeit not yet fully…
Ford Appoints Former Samsung SDI Executive to Lead EV Battery Development
November 07, 2023 – According to TheElec, the American automotive giant, Ford, has made a significant move in the electric vehicle (EV) industry by hiring former Samsung SDI Vice President Kim Seung-Hoon to lead their electric vehicle battery development efforts. Sources within the company have revealed that Kim Seung-Hoon has been appointed as Ford’s Chief…
Apple’s Ambitious 5G Modem Project Faces Setbacks, Potential Delay to 2026
November 17, 2023 – In the latest edition of Power On by Bloomberg’s Mark Gurman, it is revealed that Apple’s in-house 5G modem development is facing significant challenges. Following Apple’s acquisition of a substantial portion of Intel’s smartphone business in 2019, the company embarked on the serious undertaking of developing its own modem hardware. However,…
Apple’s Vision Pro: A Glimpse into the Future of Wearable Tech
December 11, 2023 – Apple is gearing up for an exciting launch of its inaugural Vision Pro headset, and insiders like Mark Gurman have revealed some intriguing details. Prior to its official release, Apple has plans to host another grand unveiling event. Simultaneously, Apple is diligently preparing its staff for the launch. The company has…
Empowering Small Businesses: Amazon’s New Program for Last-Mile Delivery
June 27, 2023 – Amazon Launches Innovative Initiative for Last-Mile Delivery In a groundbreaking move yesterday, Amazon officially launched a program that had been in pilot testing since 2020. This initiative aims to empower small business owners by providing them with the means to complete the crucial “last-mile” delivery, ensuring secure and accurate package transportation…