Seagate Completes Acquisition of Upstream Supplier Intevac, Strengthening HDD Position

April 3, 2025 – Seagate, a leading manufacturer of hard disk drives (HDDs), has announced the completion of its acquisition of Intevac, a supplier of upstream equipment, on March 31st, local time. The deal, valued at approximately 109million,wasfinalizedatapriceof4 per share as offered by Seagate. Intevac specializes in the manufacturing, sales, maintenance, and upgrading of thin-film…

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Thai Electric Car Market Faces Challenges: Manufacturers Mull Over Dropping Government Subsidies

December 8, 2024 – According to a report in the Bangkok Post today, the Electric Vehicle Association of Thailand (EVAT) has revealed that due to the continued downturn in the automotive industry, many electric vehicle manufacturers are considering withdrawing from the government’s electric vehicle incentive program and adjusting their production plans accordingly. Companies participating in…

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Pioneering Progress: OpenAI Initiates ‘GPT-5’ Trademark Registration

**August 10, 2023 -** OpenAI Ventures into New Horizons with “GPT-5” Trademark Applications In a recent move, OpenAI seems to be embarking on a new phase of technological evolution as evidenced by its trademark applications for “GPT-5,” according to information found on the official website of the Trademark Office of the National Intellectual Property Administration….

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OpenAI’s $1.1B Statsig Buy: CEO Appointed to Lead Applied Tech for Faster Product Rollout

September 3, 2025 – Early this morning, OpenAI made a major move by announcing its acquisition of product – testing startup Statsig through an all – stock deal. Based on OpenAI’s current valuation of 300billion,thistransactionisestimatedtobewortharound1.1 billion. As per OpenAI’s plans, after joining the company, Vijaye Raji, the CEO of Statsig, will take on the role…

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