Western Digital Faces $315.7M Penalty for Data Encryption Patent Infringement
October 20, 2024 – According to a report by Reuters, a jury in a California federal court has ordered Western Digital to pay $315.7 million in damages for infringing on a data encryption patent held by SPEX Technologies. The patent, originally developed by Spyrus Inc., pertains to data encryption technology for PCMCIA and Compact Flash…
Breaking News: AMD RX 7600 Release Date Confirmed – May 25th
May 22, 2023 – In a surprising development, Canadian retailer Canada Computers has recently made available the highly anticipated AMD Radeon RX 7600 custom graphics cards on their online platform. This new lineup includes models from Gigabyte and XunJing, both priced at around $300 USD, aligning closely with the earlier leaked price point of $299…
J.P. Morgan Slashes Apple’s Stock Target: iPhone Demand Slowdown & Services Under Pressure
June 27, 2025 – AppleInsider, a well – known tech media outlet, reported yesterday that J.P. Morgan has revised its price target for Apple’s stock downward, cautioning about a potential slowdown in iPhone demand due to an early buying spree and waning interest in new models. In an investor report, the financial institution lowered its…
Nvidia’s Huang Renxun Makes Another Stock Sale, Cashing Out $38 Million
July 17, 2025 – According to documents filed with the U.S. Securities and Exchange Commission (SEC), on July 15, Jensen Huang, the CEO of Nvidia, offloaded another 225,000 shares of the company’s stock. The average transaction price was 171.49pershare,bringingthetotalvalueofthissaletoapproximately38 million. It is reported that this stock sale is part of a pre-arranged trading plan that…
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…
Toyota’s Market Value Jumps $20.9 Billion as it Aims to Double ROE to 20%
December 27, 2024 – Toyota Motor Corporation’s stock surged 8.78% at the close of the U.S. stock market on December 26th, resulting in a significant increase of $20.9 billion in market capitalization overnight. According to a report by Nikkei Asia on Wednesday, Toyota is striving to double its return on equity (ROE) target to 20%….
Amazon’s Second Wave of Layoffs: Over 3,000 Employees in New York, California, and Washington to be Affected
Amazon has recently announced that over 3,000 of its employees in New York, California, and Washington will be losing their jobs. This is part of the company’s second round of large-scale layoffs. The company has submitted layoff notices to these three states in accordance with legal requirements over the past two weeks. According to documents,…
BYD Clarifies: No Official Word on Raising Annual Sales Target to 4 Million
September 11, 2024 – According to a report released by Morgan Stanley’s automotive industry analysts, including Tim Hsiao, on September 9th, it was noted that BYD’s management had announced an increase in their annual sales target to 4 million vehicles, an upward adjustment of approximately 400,000 units compared to their previous sales guidance. In response…
China brings pace to Volvo Cars
China is far more than just an important market for Volvo’s development, said the Swedish premium carmaker’s president and CEO Jim Rowan. Rowan made the remarks on Wednesday when he came to Shanghai for the groundbreaking ceremony of the fourth phase of Volvo Cars Asia Pacific Headquarters, which will involve a battery center and training…
Meta Unveils Llama 3.3: A 70B Parameter AI Model That Matches the Performance of a 405B Version
December 8, 2024 – Meta has recently unveiled its latest AI model, Llama 3.3, which the company describes as its most efficient and cost-effective model yet. With 70 billion parameters, the model is significantly smaller than its predecessor, Llama 3.1, which boasted 405 billion parameters. However, Meta claims that Llama 3.3’s performance is on par…