Apple Scraps Plan for Monthly iPhone Rental Service

December 19, 2024 – Apple has scrapped its plans to introduce a hardware subscription service, according to a report by Bloomberg’s Mark Gurman. The proposed service was designed to allow customers to “subscribe” to a new iPhone every year through monthly payments. Gurman had previously revealed in 2022 that Apple was exploring a hardware subscription…

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AI Leader Databricks Secures Massive 10BillionInvestment,BoostingValuationto62 Billion

December 18, 2024 – AI unicorn Databricks has secured a 10billionfundinground,elevatingitsvaluationtoanimpressive62 billion, marking one of the largest venture capital investments in history. According to recent reports, Databricks is on track to achieve positive free cash flow by the end of January 2024, with projections indicating an annualized revenue exceeding 3billionbythattime.Thecompanyfurtheranticipatesreaching3.8 billion in revenue for the…

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Honda Explores Merger, Capital Tie-Up, and Holding Company Options with Nissan

December 18, 2024 – Following a Bloomberg report earlier today, Honda’s Executive Vice President, Shinji Aoyama, responded to rumors of a potential merger between Honda and Nissan. Aoyama stated that Honda is exploring several options, including a full merger, capital collaboration, or the establishment of a holding company. According to informed sources, the two automotive…

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Samsung Galaxy Z Fold7 to Unveil Revolutionary Apple Pencil-Style Technology, Enabling Both Slim Design and S Pen Compatibility

December 18, 2023 – According to a report published today by ETNews, Samsung is planning to eliminate the digitizer in its next-generation foldable smartphones, aiming to achieve a slimmer body while retaining the S Pen functionality. The digitizer, a device that converts analog signals into digital signals, has been a crucial component in enabling the…

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OpenAI Confirms: No Immediate Plans for Sora API Launch

December 18, 2024 – OpenAI has clarified today that it currently has no plans to release an Application Programming Interface (API) for its video generation model, Sora. This model has the capability to generate videos based on text and images. During an online question-and-answer session with members of the OpenAI development team, Romain Huet, the…

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