OpenAI Explores $86 Billion Valuation in Talks with Investors
October 19, 2023 – OpenAI, the AI company backed by Microsoft, is in discussions with potential investors about selling shares of its existing employees at a valuation of $86 billion. Insiders have disclosed that the company has not yet finalized the allocation plan, and the terms may still undergo changes. It’s worth noting that last…
Musk Confirms X Money’s Debut: Limited Beta Launch on the Horizon
May 27 2025 – In a recent response to reports suggesting “Elon Musk confirms upcoming launch of X Money on X platform,” the tech mogul clarified that the rollout would initially be confined to a highly selective, small-scale beta testing phase. Musk emphasized the need for utmost caution when handling users’ savings, highlighting the significance…
Microsoft’s Ex-CEO Ballmer Tops Founder Gates in Wealth for the First Time, Ranking 6th Globally
July 02, 2024 – According to the latest data released by the Bloomberg Billionaires Index, Steve Ballmer has surpassed Microsoft co-founder Bill Gates to become the world’s sixth-richest person, with a net worth of $157.2 billion. Media reports cite two primary reasons for Ballmer’s rise in wealth relative to Gates. Firstly, Ballmer, who remains the…
OpenAI Hits Major Milestone: ChatGPT Reaches 900 Million Weekly Active Users, 50+ Million Paid Subscribers
February 28, 2026 – OpenAI is making steady progress towards its ambitious goal of reaching 1 billion weekly active users for ChatGPT. On February 27, the company revealed that ChatGPT now boasts 900 million weekly active users, along with over 50 million individual subscribers. OpenAI noted that the growth in ChatGPT subscriptions has picked up…
Tesla Shareholders Back Musk’s $56 Billion Pay Package, Awaiting Final Verdict
November 04, 2024 – The fate of Tesla CEO Elon Musk’s $56 billion compensation package will be decided by the end of this year. Kathaleen McCormick, Chancellor of the Delaware Court of Chancery, indicated on Thursday that she would make a final ruling by the end of 2024. In January of this year, McCormick had…
Volvo Revises 2030 Electrification Goal Due to Lower-Than-Expected Demand
September 05, 2024 – Swedish automaker Volvo has announced on Wednesday, according to Reuters, that it has revised its previous goal of only selling fully electric vehicles by 2030. The company now plans to include some hybrid cars in its product lineup for that year. Volvo Cars stated that due to changing market conditions and…
Tesla’s FSD Makes Its Way to Mexico, Eyes Europe and China Next
February 13, 2025 – Tesla has announced today that its FSD (Beta) driver assistance feature is now available in the Mexican market, marking the technology’s expansion beyond the United States and Canada. This is the third expansion of FSD since its launch. It’s important to note that the FSD functionality is geographically restricted, meaning that…
Apple Watch Set for Major Upgrade with Blood Pressure Monitoring This Fall
March 18, 2024 – This year marks the 10th anniversary of the Apple Watch series, and rumors are swirling that a significant upgrade is in store for the product line, akin to the leap forward seen with the iPhone X. According to a recent report by renowned journalist Gurman, “all signs point to the inclusion…
Majority of Gameloft Toronto Employees Laid Off in Massive Restructuring
June 28, 2024 –GamesIndustry.biz reported on the 27th, in local time, that a significant number of employees from the Toronto studio of renowned mobile game developer Gameloft have been laid off, although the exact size of the studio has not been disclosed. According to the report, only the human resources, information technology, and management teams…
ASML’s Shares Tumble as Third-Quarter Results Disappoint, Losing Top European Tech Valuation
October 18, 2024 – Dutch lithography giant ASML has experienced a significant drop in its share price following the premature leakage of its financial report, which indicated a substantial decline in performance. The company’s stock plummeted by 15.6% on October 15th and further fell by 5.1% on the 16th, closing at 633.9 euros. Consequently, ASML…