Tesla Market Cap Slides Below $1 Trillion, Marking a 38% Drop from Its Peak
February 26, 2025 – Tesla shares tumbled 8.39% by the close of the US stock market, erasing over 280billionfromitsmarketcapitalizationandpushingitbelowthe1 trillion mark. The electric vehicle giant’s latest stock price settled at 302.8,markingasignificant38488. This decline has resulted in Tesla being ousted from the exclusive club of seven US tech companies, including NVIDIA, Apple, Microsoft, Alphabet, Amazon, Meta,…
Apple Shareholders Reject Proposal to End DEI Initiatives, Affirming Commitment to Diversity
February 26, 2025 – Apple Inc. held its annual shareholder meeting today, where investors cast votes on various proposals and received updates from CEO Tim Cook on the company’s progress. Among the proposals, one that stood out was an external motion urging Apple to terminate its Diversity, Equity, and Inclusion (DEI) program, which was ultimately…
Google Unveils Free Personal Edition of Gemini Code Assist for Developers
February 26, 2025 – On the 25th of this month, Google announced the launch of a free version of Gemini Code Assist for individual developers. This move is aimed at making it easier for students, enthusiasts, freelancers, and startups to access a “latest AI-powered” programming assistant. According to Ryan J. Salva, Senior Director of Product…
Phil Schiller Reveals Opposition to Apple’s 27% Fee for External Payments, Citing Developer Relationship Concerns
February 25, 2025 – Phil Schiller, a senior executive at Apple, testified on Monday that he initially opposed the company’s decision to charge fees for in-app transactions processed outside of its own payment system. Schiller, who currently holds the position of Apple Fellow and leads the App Store and Apple events, expressed concerns that such…
Tesla Cybercab Test Vehicles with Steering Wheels Make Frequent Appearances at Giga Texas
February 25, 2025 – The presence of Tesla’s Cybercab test vehicles has significantly increased at the company’s Giga Texas superfactory. This week, drone footage captured a growing number of these vehicles undergoing tests within the factory premises. Images shared by Joe Tegtmeyer on the X platform revealed Cybercabs being tested, notably featuring steering wheels. This…
Microsoft Bing Tests AI-Powered “Experimental” Search Mode for One-Stop Information Summary
February 25, 2025 – Microsoft has officially announced that it is in the process of integrating an AI-driven “experimental search” mode into its Bing search engine, although specific technical details have yet to be disclosed. According to insiders quoted by 9to5Google, Bing’s upcoming “AI Search” will offer users a one-stop summary of their queries, eliminating…
Tesla Lights Up the Night: 1150 Cars Create History with Massive Light Display
February 25, 2025 – Last weekend, the city of Saint-Truiden, Belgium, witnessed a remarkable Tesla light show at the DronePort, featuring a record-breaking 1,150 Tesla vehicles. This spectacular event surpassed the previous world record set in Suwon, South Korea, where over 1,000 Tesla cars participated in a similar show. The highlight of this light show…
Apple Invests Over $500 Billion in the US, Cementing Its Position as a Tax Giant
February 25, 2025 – Apple, one of America’s most significant corporations, has recently announced its largest ever expenditure commitment, underscoring its dual role as a major taxpayer and a key investor. The tech giant plans to invest over $500 billion in the United States over the next four years, a move that is expected to…
Apple to Highlight Video Recording Capabilities in iPhone 17 Pro Series: Gurman
February 24, 2025 – In his latest edition of the “Power On” newsletter, Bloomberg reporter Mark Gurman revealed that Apple is planning to significantly enhance the video recording capabilities of the upcoming iPhone 17 Pro series. This shift in focus comes after years of the company primarily emphasizing improvements in mobile photography. Apple has long…
Buffett’s Insight: Raw Business Talent Beats Formal Education in Achieving Success
February 24, 2025 – In his 2025 letter to shareholders released on February 23rd, Warren Buffett, the chairman and CEO of Berkshire Hathaway, shared his views on the educational backgrounds of corporate executives. The billionaire investor made it clear that he does not place significant emphasis on where executives graduated from, or even if they…