Intel receives CHIPS Act funding for U.S. manufacturing development
Intel Corporation stands to receive a staggering $8.5 billion injection from the U.S. government under the CHIPS and Science Act, marking the largest investment ever made under this legislation. This transformative funding signals a robust endorsement of Intel’s...
Volvo Bids Farewell to Diesel with Release of Last Model
Volvo Car AB made a historic move this week as it bid farewell to an era, rolling out its final diesel-powered vehicle, the XC90 SUV, from its Torsland plant in Sweden. This decision marks a pivotal moment for the automaker, which has set its sights on an all-electric future...
Disappointing revenue statistics for 30k mobile apps
Mobile app developers are expected to push more aggressively for subscription-based usage next year. Figures from RevenueCat, which analyzed more than 30,000 apps show that most are struggling to reach $1,000 a month in revenue.
RevenueCat, a company developing a...
Microsoft Empowers Users with GPT-4 Turbo in Copilot Pro Free Version: Chatbot Creation Now Accessible
Microsoft Corporation has unveiled a significant upgrade to its Copilot Pro subscription, offering users the opportunity to harness the power of LLM GPT-4 Turbo from OpenAI. This move marks a pivotal milestone in democratizing access to advanced AI capabilities for a broader...
Telegram Hits 900 Million Users, Eyes Profitability, and a Potential $30 Billion IPO – Pavel Durov Reveals Insider Details
Pavel Durov, the founder of Telegram, proudly unveiled the staggering success of the messaging platform, emphasizing its meteoric rise in popularity and financial prowess. With a current user base of 900 million monthly active users, a substantial leap from the 500 million...
Tesla: $234 billion drop raises concerns about demand for electric cars
Tesla, helmed by Elon Musk, has witnessed a staggering 29% dip in stock value within a mere 10 weeks, reaching its lowest point since May. This tumultuous descent has resulted in a jaw-dropping $234 billion reduction in market capitalization, settling just above $550...
SpaceX and T-Mobile Achieve Record 17 Mbps Download Speeds via Starlink, Paving the Way for Seamless Global Connectivity
SpaceX, under the leadership of Elon Musk, has shattered expectations by achieving a maximum download speed of 17 Mbps from the Starlink satellite directly to unmodified Samsung Android phones.
Elon Musk took to X Twitter to announce this groundbreaking achievement,...
Reddit Charts New Territory with IPO, Offers Shares to Active Users
Reddit, the social media giant, has officially filed for an initial public offering (IPO) on the New York Stock Exchange, eyeing the symbol RDDT. The filing, detailed in an S-1 statement submitted to the Securities and Exchange Commission (SEC), outlines Reddit’s...
Intel Unveils Ambitious Plans for 1nm Manufacturing Process and $100 Billion Investment in Manufacturing Capacity
Intel made groundbreaking announcements that are set to shape the future of semiconductor manufacturing. The company revealed plans to launch its 1nm manufacturing process in 2027, accompanied by a substantial investment of $100 billion in manufacturing capacity....
Mercedes-Benz Shifts Gears: Abandons Ambitious Plan for Exclusive Electric Car Sales by 2030
Mercedes-Benz has announced its departure from the bold vision it embraced just three years ago, indicating a significant deviation from its plan to sell only electric cars after 2030. The company’s decision adds to a growing sense of skepticism within the global auto...
