Shares of iRobot plunged 17%
In a significant blow to iRobot, renowned for its Roomba vacuum cleaner, shares plummeted by 17% following a stern warning from the European Union’s antitrust regulator. The cautionary note revolves around Amazon’s proposed $1.7 billion acquisition of iRobot, with...
SpaceX unveils new Starlink
SpaceX has launched the third generation of its groundbreaking Starlink terminal, marking a leap forward in design and functionality. The new version sheds its motor for position adjustments, opting for a streamlined stand. Currently, this innovation is exclusively available...
Indian-Made iPhones Poised for Global Surge, Expected to Capture 25% of Shipments by 2024 – Analyst Ming-Chi Kuo
As Apple strategically diversifies its manufacturing footprint, renowned analyst Ming-Chi Kuo predicts a substantial uptick in the share of Indian-made iPhones in the global market. Projections suggest that devices manufactured in India will account for 12% to 14% of...
TON reaches $9 billion valuation and blockchain milestones
Telegram, boasting over 700 million users, has unveiled its latest feature, ‘Giveaways.’ While giveaways are common, conducting them authentically has been challenging. Telegram aims to revolutionize this by enabling channel owners to seamlessly organize...
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...