Figure’s Valuation Hits $39.5 Billion in New Funding Round After Parting Ways with OpenAI
February 15, 2025 – According to informed sources quoted by Reuters on the 14th local time, Figure AI, a robotics startup, is in talks with investors to raise 1.5billioninfunding,whichwouldbringthecompany′svaluationto39.5 billion after the financing round. With the rapid development of AI technology, technology giants such as NVIDIA, Meta, and Tesla, along with several startups, are intensifying…
Samsung Galaxy Z Flip 6 Makes Its Benchmark Debut on GeekBench
April 19, 2024 – The Samsung Galaxy Z Flip 6 has recently made an appearance on the GeekBench benchmarking platform, bearing the model number SM-F741U. The device has logged 17 Vulkan benchmark scores, with the highest reaching 15084 points, indicating performance similar to that of the Galaxy S24 Ultra. According to the benchmarking data, the…
Microsoft Granted Patents for Advanced Eye-Tracking Technology in Smart Glasses
January 18, 2024 – Microsoft has been granted two patents related to eye-tracking technology for smart glasses, as revealed in the World Intellectual Property Organization’s (WIPO) list published on January 11. The first patent, titled “Operating an Eye-Tracking Camera Based on Eye Position,” emphasizes the importance of lightweight and compact head-mounted systems (HMS), such as…
Revolutionary Laser Repair: Dramatically Lowering Costs for OLED iPhone Screen Issues
July 18, 2023 – In a recent video released by the YouTube channel “Innovative Technologies,” a groundbreaking OLED screen repair technique in China has been showcased, revolutionizing the way we address display issues. Cost-effectiveness is a key advantage of this technology. Instead of the conventional approach of replacing the entire screen, which can cost a…
Stellantis Explores Collaborative Prospects in China’s Electric Vehicle Market
August 23, 2023 – In a move aimed at strengthening its presence in the booming Chinese electric vehicle market, Stellantis NV, the second-largest car manufacturer in Europe by sales, is reportedly exploring potential collaborations with a prominent Chinese electric car company. This endeavor marks Stellantis’ strategic bid to enhance its foothold in the world’s largest…
Apple Blocks $7 Billion in Potential Fraud on App Store Over Four Years
May 15, 2024 – Apple today issued a press release revealing that over the past four years, its App Store has successfully thwarted more than 7billioninpotentialfraudulenttransactions,withover1.8 billion worth of attempted frauds prevented in 2023 alone. Between 2020 and 2023, Apple blocked over 14 million stolen credit cards and disallowed further transactions on more than 3.3…
Musk Calls Tesla Odometer Manipulation Lawsuit ‘Stupid’
April 22, 2025 – Tesla Inc. is embroiled in a class-action lawsuit alleging that the electric vehicle manufacturer manipulated odometer readings to sidestep warranty obligations. The suit claims that Tesla intentionally accelerated odometer counts, pushing vehicles beyond warranty coverage sooner than anticipated to reduce repair costs. Tesla and its legal counsel have vehemently denied all…
Ford Announces 4,000 Job Cuts in Europe Amid Passenger Car Struggles
November 21, 2024 – Ford Motor Company has announced plans to lay off 4,000 employees in Europe, primarily affecting its operations in the UK and Germany. The decision comes as the automaker expresses concerns over the “health” of its passenger vehicle business. According to Ford, the company has suffered “significant” losses in recent years due…
Rivian Halts Production of Amazon Delivery Vans Due to Component Shortage
August 17, 2024 – According to a report by electrek, Rivian, the emerging American automobile manufacturer, has halted the production of its electric delivery vehicles (EDVs) at its Illinois plant due to a shortage of components. A company spokesperson confirmed this news on Friday. Rivian produces EDVs for its largest investor, Amazon, which ordered 100,000…
Apple Shatters Records: $23.5 Billion in India for FY2024, Becoming the Fastest-Growing Company in 50 Years
August 16, 2024 – According to a report by the Economic Times on August 14th, Apple’s fiscal year 2024 revenue in India has surpassed $23.5 billion, driven by the strong sales of its iPhone, Mac, iPad, Apple Watch, and AirPods products. Indian officials informed ET that Apple has emerged as the fastest-growing company in terms…