Intel received $8.5 billion in funding for U.S. manufacturing under the CHIPS Act
Intel Corporation stands to receive a substantial financial injection of up to $8.5 billion from the U.S. government under the CHIPS and Science Act. A tentative agreement struck with the Department of Commerce outlines this monumental investment, aimed at bolstering the...
Microsoft Empowers Users: Introduces GPT-4 Turbo to Copilot Pro Free Version
Microsoft Corporation has elevated the capabilities of its Copilot Pro subscription by integrating the cutting-edge LLM GPT-4 Turbo from OpenAI, empowering users to delve into the realm of chatbot creation with unprecedented efficiency and sophistication.Expansion of Copilot...
Volvo Drives into the Electric Future: Last Diesel Model Rolls Out
Volvo Car AB has bid farewell to diesel engines with the release of its latest diesel-powered vehicle, marking a significant shift in its strategy towards electrification. The Swedish automaker, renowned for its commitment to sustainability, has announced plans to exclusively...
Disappointing Revenue Stats: Mobile App Developers Push for Subscriptions
Mobile app developers are gearing up to intensify their push towards subscription-based models in the coming year, spurred by disappointing revenue statistics from over 30,000 mobile apps analyzed by RevenueCat.Struggling to Break the $1,000 BarrierAccording to reports from...
Telegram has surpassed 900 million users, is aiming for profitability and is valued at $30 billion dollars
Pavel Durov, the founder of Telegram, proudly highlighted the remarkable achievements of the messaging platform. Telegram, already a household name in the social networking realm, has surged in popularity and financial success. According to Durov, the application has evolved...
Tesla’s Market Tumble: A $234 Billion Roller Coaster Ride
Elon Musk’s Tesla witnessed a 29% nosedive in stock value within a mere 10 weeks, reaching its lowest point since May. This plunge translated to a staggering $234 billion drop in market capitalization, plummeting from nearly $800 billion to slightly above $550...
SpaceX and T-Mobile Shatter Speed Barriers: Achieve 17 Mbps Download Speeds via Starlink Satellite to Regular Samsung Android Phones
SpaceX, under the leadership of CEO Elon Musk, has achieved a groundbreaking maximum download speed of 17 Mbps from Starlink satellites directly to unmodified Samsung Android phones. Musk shared this breakthrough on X Twitter, heralding a new era in satellite...
Intel Unveils Ambitious Plans: 1nm Manufacturing by 2027 and $100 Billion Investment in Capacity
The tech giant made waves by revealing its strategic vision for the future. In a bold move, Intel announced its plans to initiate production/development of the Intel 10A node, boasting an impressive 1nm analog, set to hit the market in late 2027. Simultaneously, the company...
Reddit reveals unconventional IPO plans, expanding investment opportunities for active users
Social media giant Reddit has officially filed an S-1 statement with the Securities and Exchange Commission (SEC), unveiling its financial standing and outlining its ambitious business goals ahead of an eagerly anticipated initial public offering (IPO) on the New York Stock...
Mercedes-Benz Shifts Gears: Abandons Exclusive Electric Car Plan for 2030
Mercedes-Benz has veered away from its ambitious plan to exclusively sell electric cars by 2030. The automotive giant announced this decision on Thursday, signaling a shift in the industry’s perspective on an all-electric future following a notable slowdown in sales...