Apple Loses World’s Most Valuable Crown as Tariff Storm Shrinks Market Cap
April 9, 2025 – On Tuesday, Apple Inc. relinquished its title as the world’s most valuable publicly traded company as its stock price plummeted amid the implementation of steep tariffs on Chinese imports. The tech giant’s shares fell by 5% on Tuesday, shrinking its market capitalization to just under 2.6trillion.Meanwhile,MicrosoftCorp.surpassedApplewithamarketvalueof2.65 trillion. Since President Trump announced…
Stellantis in Crisis: Tariff Woes Could Lead to Sale of Alfa Romeo, Maserati
April 9, 2025 – Stellantis is navigating through turbulent times, as highlighted by recent developments reported by Motor1. The automaker’s struggles began with a sharp decline in sales and revenue during 2024, prompting the abrupt resignation of former CEO Carlos Tavares. Adding to the challenges, the current year, initially earmarked as a period of rebuilding,…
Samsung’s Ballie Takes Center Stage: Unveiling the AI Robot This Week
April 9, 2025 – Samsung took to its official Instagram page yesterday to drop a teaser about Ballie, its AI – powered companion robot. The company hinted at unveiling more details, possibly including release specifics, at an upcoming event this week. Ballie is no ordinary robot. It’s a highly integrated AI companion that works seamlessly…
US Consumer Interest in EVs Slumps as Hybrids Gain Favor
April 9, 2025 – The United States is trailing behind the United Kingdom, Europe, and China in the rapid adoption of electric vehicles (EVs). Recent research indicates that American consumers’ interest in EVs has not only plateaued but has started to decline. A Gallup survey revealed that in 2023, 59% of American drivers had either…
Elon Musk’s Unfulfilled Promise: Cybertruck Fails to Recognize Its Own Kind
April 8, 2025 – Tesla Cybertruck owners have taken to social media platform X to voice concerns about the vehicle’s inability to properly recognize and display other Cybertrucks on its in-car screen. Instead of showing them as fellow Cybertrucks, the system currently defaults to depicting them as generic pickup trucks. This falls short of the…
Infineon Acquires Marvell’s Automotive Ethernet Business for $2.5B in Cash
April 8, 2025 – Infineon Technologies and Marvell Technology Group Ltd. revealed yesterday that they have finalized an agreement under which Marvell will sell its automotive Ethernet technology business to Infineon for $2.5 billion. This transaction is subject to customary closing conditions and regulatory approvals, with an expected completion date within 2025. Marvell’s Brightlane automotive…
Tariff Troubles Lead Framework to Suspend Laptop Sales in the U.S.
April 8, 2025 – U.S.-based computer manufacturer Framework has announced a “temporary suspension” of sales for certain laptop models in the United States due to tariff policies that took effect on April 5 under the Trump administration. According to Framework, the affected laptop models encompass “several base – model Framework Laptop 13 systems (Ultra 5…
Apple’s Four-Pronged Strategy to Weather Tariff Storm: Supplier Pressure, Cost Absorption, and More
April 8, 2025 – Apple Inc. is reportedly preparing a multifaceted strategy to counteract the financial impact of impending tariffs on its products, according to Bloomberg’s Mark Gurman. The company’s global manufacturing footprint faces fresh challenges as new tariffs threaten operations not only in China but also in countries where it has diversified production, including…
Google Shells Out Cash to Keep Some AI Employees Idle for a Year, Thwarting Rival Hires
April 8, 2025 – The rivalry among tech behemoths like Google, OpenAI, and others in the realm of artificial intelligence is intensifying, and retaining top – notch AI talent has emerged as a formidable challenge. Business Insider has revealed that Google’s AI division, DeepMind, has adopted an “aggressive” non – compete agreement to thwart employees…
Tesla Texas Gigafactory Preps Autonomous Vehicles for Delivery Parking Integration
April 8, 2025 – Tesla has recently expanded its autonomous driving capabilities beyond its California plant, now introducing similar technology at its Texas Gigafactory. According to industry insider Joe Tegtmeyer, the company has deployed an “autonomous drive-off” feature for refreshed Model Y and Cybertruck vehicles, allowing them to navigate from the production line to the…