Tesla Unleashes Strict Control: Cybertruck Resale Ban with a $50k Sting
Tesla introduces a game-changing “Cybertruck Only” clause, asserting that buyers of the highly-anticipated electric truck cannot resell within the first year without explicit approval, or face a staggering $50,000 fine. This stringent policy comes as Tesla gears...
Starlink Achieves Remarkable Feat: Breaks Even Four Years After Launch
SpaceX’s Starlink project has reached a significant milestone, achieving breakeven just four years after launching its inaugural satellites in May 2019. This feat positions Starlink as a transformative force in the realm of global connectivity.With over 5,000 spacecraft...
Bitcoin Shines in October: Surges by 28.5% to Secure Its Fifth Best October in History
October 2023 proved to be a stellar month for the world of cryptocurrencies, with Bitcoin leading the charge as it ascended by a remarkable 28.5%. This remarkable performance marked Bitcoin’s second-best month in the year and etched its name into the annals of history...
Google’s Multi-billion Dollar Gamble: Massive Investment In Dominance
Prabhakar Raghavan, the Head of Google Search, unveiled jaw-dropping figures that shed light on the company’s relentless pursuit of search engine dominance in 2021. Google’s staggering $26.3 billion investment to maintain its edge over Bing reverberated across the...
Broadcom Nears Milestone: $61 Billion Takeover of VMware Poised to Reshape IT Landscape
Broadcom is on the cusp of finalizing its $61 billion acquisition of VMware, marking the third-largest deal in IT history, following in the footsteps of industry giants Dell/EMC and Microsoft/Activision Blizzard.Broadcom’s venture into the acquisition began in May...
Spotify Announces Overhaul of Royalty System in 2024 to Boost Earnings for “Working Artists”
Spotify, the world’s leading music streaming platform, is gearing up for a major revamp of its royalty system in an effort to provide a larger share of earnings to “working artists” while curbing fraudulent activities and reducing noise content on its...
Uber Partners with Waymo, Offers Driverless Robotaxi Rides in Phoenix
Uber has joined forces with Waymo to offer autonomous robotaxi rides through the Uber app, marking a significant milestone in the world of ride-sharing. This initiative, launched this week in Phoenix, brings fully autonomous rides to Uber users for the first time.This...
Google Joins India’s Tech Manufacturing Wave: Pixel Phones to Be ‘Made in India’ Starting Next Year
Google has announced plans to assemble its Pixel series smartphones in India. Rick Osterloh, Google’s Senior Vice President of Devices and Services, revealed at the company’s annual event in India that the manufacturing initiative would commence with the...
Meta’s Threads: The New Contender Challenging Twitter/X, Integrated Deeply into Facebook Feeds
Meta has intensified its promotion of Threads, a social networking service, by seamlessly integrating it into Facebook feeds. This maneuver is a part of Meta’s ongoing strategy to leverage its vast social media ecosystem to promote new features.Meta’s promotion of...
Artificial Intelligence Ignites Tech Giants: $2.4 Trillion Surge in 2023
Tech titans Apple, Microsoft, Alphabet, Amazon, and NVIDIA collectively boosted their market value by an astounding $2.4 trillion, surging at an average rate of 36%. A recent Euroscape 2023 report by venture capital firm Accel revealed this monumental rise, crediting...