Gurman Indicates 2025 iPhone SE Arrival as Current Model Inventory Runs Low
January 20, 2025 – In his “Power On” newsletter, Bloomberg journalist Mark Gurman has revealed that inventories of the iPhone SE are “rapidly dwindling” at multiple Apple retail stores across the United States. Gurman interprets this as a “credible indicator” that a new model is imminent. Currently, the existing iPhone SE (third generation) remains available…
OpenAI CEO Predicts AGI Arrival Within 5 Years, Expects Minimal Immediate Social Changes
November 06, 2024 – Sam Altman, the CEO of OpenAI, has long harbored a passion for Artificial General Intelligence (AGI) and has been vocal about his company’s pursuit of this ambitious goal. In a recent Reddit AMA session, Altman asserted that achieving AGI is possible with existing hardware, albeit without specifying the exact requirements. Previously,…
First-Ever Collaboration: Samsung SDI’s EV Battery Deal with Hyundai, Starting 2026
October 23, 2023 – Samsung SDI, a South Korean battery manufacturer, announced on Monday that it will commence supplying electric vehicle (EV) batteries to Hyundai Motor starting in 2026, in a seven-year agreement marking the first-ever battery supply deal between the two companies. In a statement, Samsung SDI stated, “This latest supply agreement signifies the…
India Launches Investigation into Fire at Tata’s iPhone Parts Factory
September 30, 2024 – A devastating fire broke out at the Tata Electronics iPhone component factory in southern India on September 28th, resulting in a complete halt of production. Authorities in Tamil Nadu have initiated an investigation into the incident. According to reports, the blaze originated in a section of the plant designated for storing…
Musk to Slash DOGE Hours, Shifts Focus Back to Tesla in May
April 23, 2025 – During Tesla’s Q1 2025 earnings call, CEO Elon Musk confirmed a significant reduction in his work hours with the Department of Government Efficiency (DOGE) to refocus on Tesla’s operations. Musk stated on the call, “Addressing waste and fraud to steer the nation back on track is crucial, but my priorities are…
Elon Musk’s Wealth Reaches New Heights at $348 Billion
November 25, 2024 – According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk has achieved a new record high in his net worth, reaching $347.8 billion. This remarkable milestone was attained on Friday last week, when Tesla shares rose by 3.8%. Since November 4th, Tesla’s stock price has surged 45%, adding approximately 350billiontoitsmarketcapitalization.AsofFriday′sclose,thecompany′stotalmarketvaluestoodat1.13 trillion….
Tech Titans Samsung and SK Hynix Forge Ahead with 12-Layer HBM Production
September 12, 2023 – In a rapidly evolving tech landscape, two South Korean giants, Samsung Electronics and SK Hynix, are racing ahead to ramp up production of 12-layer High Bandwidth Memory (HBM). The surging popularity of Generative AI isn’t just driving demand for NVIDIA graphics cards; it’s also fueling the need for high-capacity memory solutions….
Porsche Aims to Reverse Sales Decline with Return to Fuel and Hybrids
February 8, 2025 – According to a report published today by carscoops, Porsche’s electrification strategy has hit a roadblock, prompting the luxury carmaker to shift gears and refocus on fuel and hybrid models in response to market shifts and consumer preferences. Porsche has announced plans to introduce additional new models equipped with fuel and plug-in…
Porsche Slashes Profit Outlook Amid Tariff Hikes, China Slump, and EV Transition Delays
July 30, 2025 – On Wednesday, the German luxury carmaker Porsche slashed its full-year profit forecast, attributing the move to rising tariffs stemming from a trade deal between the European Union and the Trump administration in the United States. The company revealed it had already absorbed roughly €400 million in losses due to tariff-related pressures…
Tesla Outpaced by Volkswagen, BMW in European EV Sales in February – JATO Reports
March 25, 2025 – According to a report by Reuters, data released today by research firm JATO Dynamics reveals that Tesla fell behind traditional automakers such as Volkswagen and BMW Group in European electric vehicle (EV) sales in February, and was also outpaced by Chinese brands. Felipe Muñoz, a global analyst at JATO Dynamics, pointed…