Intel’s New CEO Sets 50% Gross Margin Threshold for Project Approvals
June 7, 2025 – During the Bank of America Global Technology Conference, Michelle Johnston Holthaus, the product chief executive at Intel, revealed that the company’s newly appointed CEO, Lip-Bu Tan, is advocating for a mid-term goal of restoring the company’s gross margin to 50%. According to Johnston Holthaus, any new projects that fail to meet…
Qualcomm Seals the Deal: Autotalks Acquisition Finalized After Two-Year Hitch
June 7, 2025 – Over two years after Qualcomm initially announced its intention to acquire V2X vehicle-to-everything communication chip firm Autotalks through its subsidiary Qualcomm Technologies on May 8, 2023, the deal has finally been finalized. Back in March 2024, Reuters reported that Qualcomm had abandoned the acquisition of Autotalks due to delays in obtaining…
Tesla’s 8 Millionth EV Rolls Off Berlin Gigafactory Line
June 7, 2025 – Tesla has just announced a significant production milestone: the 8 millionth electric vehicle has rolled off the assembly line at its Giga Berlin facility. The vehicle in question is none other than the globally best – selling Model Y. Looking back at Tesla’s production journey, the company reached its first major…
Tesla Optimus Chief Steps Down, Prioritizing Family Time Over Robotics Leadership
June 7, 2025 – Tesla’s humanoid robot project, Optimus, is set to undergo a leadership change as Milan Kovac, the engineering head of the initiative, prepares to depart the company. According to sources familiar with the matter cited by Bloomberg, Kovac informed his team of his immediate resignation on Friday. The reins of the project…
Volkswagen Embraces EV Revolution: All Future Electric Cars to Be Built on Rivian R2 Tech
June 7, 2025 – A significant milestone has been reached in the ongoing $5 billion software partnership between Rivian and the Volkswagen Group, as revealed by motor1 today. The platform technology set to be utilized in Rivian’s next-generation SUV is poised to become the digital backbone for all future electric vehicles (EVs) across Volkswagen’s brand…
“HomeOS” Trademark Exposure Suggests Apple’s Smart Home Central System is on the Horizon
June 6, 2025 – A recent post by tech media outlet MacRumors has stirred up discussions regarding Apple’s potential move in the smart home arena. The report suggests that Apple might have filed trademark applications for “homeOS” in various parts of the world through a shell company named Home Operations Suite LLC. This shell company,…
UK April Car Production Plunges to 70-Year Low with Just 59,203 Units
June 6, 2025 – British automotive production has plummeted to its lowest level in seven decades this April, largely due to holiday scheduling conflicts and uncertainties surrounding tariffs, as reported by motor1 today. According to figures from the Society of Motor Manufacturers and Traders (SMMT), the UK produced a mere 59,203 vehicles last month, marking…
iOS 18 Dominates with 82% Adoption, iPadOS 18 Follows at 71% – June App Store Data
June 6, 2025 – According to the latest data revealed on Apple’s Developer website, as of June 4, 2025, and based on device transaction statistics from the App Store, iOS 18 has achieved an adoption rate of 88% among devices launched in the past four years. Across all devices, its adoption rate stands at 82%….
AMD Acquires Untether AI Team: Pioneering Near-Memory Computing for Next-Gen AI Accelerators
June 6, 2025 – Toronto-based AI inference chip startup Untether AI, known for its near-memory computing solutions, has announced via its official website that its team will join AMD under a strategic agreement. As a result, Untether AI will discontinue the supply and support of its speedAI and imAIgine software development kits (SDKs). AMD confirmed…
Tata Group Takes Over iPhone/MacBook Repair Duties as Apple Bolsters India Operations
June 6, 2025 – According to a Reuters report published yesterday (June 5), Apple has entrusted the repair services for its iPhone and MacBook devices in the Indian market to Tata Group, a major Indian conglomerate. This move, revealed by two sources familiar with the matter, underscores Tata’s growing significance within Apple’s supply chain ecosystem….