Boeing to Reduce Workforce by 10%, Impacting 17,000 Jobs

November 14, 2024 – Boeing, the aerospace giant, is set to begin notifying employees this week about its plan to eliminate 17,000 jobs, accounting for 10% of its global workforce. This downsizing is part of the company’s previously announced restructuring plan. In a statement, Boeing declared, “As previously announced, we are resizing our workforce to…

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Stellantis to Shut Down Historic Luton Plant After 120 Years: Promises Fair Treatment for All Employees

November 28, 2024 – Stellantis, the parent company of the British automotive brand Vauxhall, announced yesterday its decision to shut down its car manufacturing plant in Luton, UK, where Vauxhall has been producing vehicles since 1905, and consolidate its operations in the country. Currently employing around 1,100 workers, the Luton plant manufactures internal combustion engine…

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NVIDIA Loses ‘Global Number One’ Status as Market Cap Falls Below $3 Trillion

June 25, 2024 – In a stunning reversal of fortunes, NVIDIA, which had recently been crowned the world’s most valuable company with a market capitalization of 3.34trilliononJune18th,hasseenitsvalueplummetbyalmost400 billion in less than a week. As of this writing, NVIDIA’s shares have fallen by approximately 5% (after dipping to 6.44% earlier in the day before recovering slightly),…

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NVIDIA CEO Huang Renxun Addresses DeepSeek Impact: Compute Demand Soars, AI Chip Shortage Worsens

March 20, 2025 – During the annual GTC 2025 developers’ conference, Jensen Huang, CEO of NVIDIA, asserted that the unveiling of the DeepSeek-R1 model would only escalate the demand for computing infrastructure, dismissing the notion of a potential chip demand decline as unfounded. In a Q&A session with financial analysts, Huang emphasized, “The good news…

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Enhancing Personal Galaxy Phone Security in Enterprise: Samsung and Microsoft Collaboration

July 28, 2023 – In a groundbreaking move, Microsoft and Samsung have joined forces to tackle the intricate challenges of the mobile era by significantly enhancing the security of personal Samsung Galaxy smartphones in professional settings. Through a deep and collaborative effort, Samsung has pledged to provide authentication support for its existing Galaxy devices, working…

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Samsung’s Galaxy Z Fold7 Clinches Thinnest Foldable Title After Rigorous KCEA Evaluation

July 31, 2025 – In the highly competitive realm of foldable smartphones, device thickness has emerged as a key battleground for manufacturers. A recent independent study by the Korean Consumer-Centered Enterprise Association (KCEA) has sparked fresh debate by revealing new insights into the world’s thinnest large-format foldable devices. Contrary to initial manufacturer claims, KCEA’s comprehensive…

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