Intel Considers Former Board Member Lip-Bu Tan Among Potential CEO Candidates
December 4, 2024 – Following the announcement of CEO Pat Gelsinger’s retirement, Intel has initiated a review of several external candidates, including former board member Lip-Bu Tan, for the top job, according to sources familiar with the matter. The discussions regarding the new CEO are still in their early stages, and no candidate has been…
Sony’s Co-CEO on AI in Gaming: Revolutionary Potential, But Humans Are Key
December 4, 2024 – In a recent interview with BBC, Hermen Hulst, the Co-CEO of Sony Interactive Entertainment, discussed the profound impact of artificial intelligence on the gaming industry. Hulst believes that while AI has the potential to “revolutionize” the field of gaming, human involvement in the development process remains essential. According to Hulst, “The…
Apple’s Foldable iPhone Expected in 2026 to Boost Sluggish Market
December 3, 2024 – Despite the current stagnation in the foldable smartphone market due to waning consumer interest, the upcoming launch of Apple’s foldable iPhone is poised to change the game, according to display analyst Ross Young. In his report on the current state of the foldable smartphone market, Young noted that Apple is expected…
Apple Warns Developers: Extended App Store Review Times Expected Near Christmas
December 3, 2024 – Apple has alerted its developers today that with the approach of Christmas, the review times on the App Store may experience an increase. The company has advised developers to commence updating their apps and games in preparation for the holiday season. Historically, Apple had shut down App Store Connect entirely during…
Tesla Faces Renewed Order to Scrap Musk’s Lucrative Salary Package
December 3, 2024 – On Monday, Judge Kathaleen St. Jude McCormick of Delaware rejected a request from Elon Musk and Tesla’s board of directors to overturn her previous ruling, which ordered Tesla to rescind Musk’s massive compensation package. Earlier this year, Judge McCormick had determined that there were significant flaws in the negotiation process between…
OpenAI Mulls Advertising Integration to Boost Revenue Streams
December 3, 2024 – According to a report by the Financial Times, OpenAI is contemplating the introduction of advertising into its artificial intelligence products. The company, which is currently valued at $150 billion, is in the process of transitioning towards becoming a profitable enterprise and is exploring new revenue streams. In an interview with the…
Australian Legislation Targets Tech Giants, Threatens Penalties for Competition Interference
December 3, 2024 – On Monday, Reuters reported that the Australian government has introduced a draft law proposing stringent measures against global tech giants. The proposed legislation stipulates that these giants could face penalties of up to AUD 50 million if they stifle market competition or hinder consumers’ freedom to switch between services. This new…
Musk Sues OpenAI, Faces ‘Repetitive and Baseless’ Claims Rebuttal
December 2, 2024 – Elon Musk has escalated his legal battle against OpenAI and its CEO, Sam Altman, by submitting a comprehensive 107-page complaint to a California district court. In response to Musk’s action, OpenAI spokespersons were quick to dismiss the suit as “repetitive and baseless.” Industry observers note that OpenAI was originally founded to…
NAND Prices Drop Over 50% This Year, Prompting Samsung and Kioxia to Plan Production Cuts
December 2, 2024 – According to data released by market research firm Dram Exchange, general-purpose NAND flash memory prices have been on a downward spiral since September, after being on a plateau from March to August following five consecutive months of increases starting last October. Specifically, NAND prices dropped by 11.44%, 29.18%, and 29.8% from…
Microsoft Cautions Users: Running Win11 on Incompatible PCs Is at Your Own Risk
December 2, 2024 – As the end of support for Windows 10 looms in October 2025, Microsoft has been taking steps to encourage users to upgrade or purchase new computers capable of running Windows 11. However, a significant number of users have opted to upgrade to Windows 11 on their older devices, even if their…