April 28, 2024
Google Officially Joins the $2 Trillion Club: A Milestone in Tech History
Google, one of the world’s tech giants, has officially become a $2 trillion company, marking a significant milestone in its 25-year history. This achievement comes after a challenging year in which the company faced two major threats: the rapid rise of generative AI...
April 26, 2024
Tesla Profits Plunge 55% Amid Slower EV Sales and Rising Competition
Electric vehicle (EV) manufacturer Tesla has reported a dramatic 55% drop in profits in the first quarter of 2024, revealing that the EV market is under pressure from hybrid vehicles and other challenges. The company’s revenue also decreased, falling to $21.3 billion, a 9%...
April 24, 2024
Apple’s Losses in China: Huawei’s Gain
Apple’s iPhone sales have dropped by 19% in the first quarter of 2024, while Huawei saw a staggering 69.7% increase in sales during the same period, according to a report from Counterpoint Research. This trend highlights a significant reshaping of the competitive...
April 21, 2024
Samsung Enters Emergency Mode with 6-Day Work Week for Executives
Samsung Group, one of South Korea’s largest conglomerates, has implemented a six-day work week for its executives amid growing business uncertainties. The decision follows a series of challenging market conditions, including a sharp depreciation of the Korean won,...
April 18, 2024
Goodbye App Store: Apple Finally Allows App Downloads from Third-Party Sites in the EU
Apple’s stronghold over iOS apps is undergoing a seismic shift in the European Union as the tech giant announces a groundbreaking change: the allowance of app downloads from third-party websites. This move, unveiled in compliance with the new Digital Markets Act (DMA),...