Telegram Surpasses Expectations with Positive Cash Flow in Q1
Telegram, the popular messaging app, has achieved positive cash flow in the first quarter of this year, marking a significant milestone for the company. Founder Pavel Durov announced that the messenger ended the quarter with a positive balance and is on track to turn a...
Apple Delves into Home Robotics as Next Frontier Amidst Automotive Setback
Apple Inc. is embarking on a venture into personal robotics, aiming to carve a niche in what could be its next major breakthrough, insiders reveal.
Engineers at Apple have been delving into the realms of home robotics, concocting ideas for a mobile bot capable of trailing...
Zoom Unveils Groundbreaking Zoom Workplace Platform
Zoom has introduced Zoom Workplace, a comprehensive AI-powered collaboration platform. This innovation aims to tackle the growing complexities stemming from dispersed teams and disconnected communication tools, which have led to increased meeting times and information...
Tesla reports first drop in sales and BYD drops almost in even more
A new chapter unfolds with Tesla’s recent sales report, marking a significant departure from its trajectory since 2020. The spotlight once again illuminates the competition between these giants, as Tesla, under Elon Musk’s stewardship, clinched another victory...
Huawei’s Remarkable Recovery: Surging Revenue Marks Resilience Post-Sanctions
Huawei Technologies has announced a formidable financial performance for the year 2023, signaling a robust bounce back from the adversity of US sanctions imposed in 2019. With revenue surging to $97.48 billion and profits soaring to $12.05 billion, the tech giant’s...
Apple in Talks to Integrate Google’s Gemini AI into iPhone
Apple is reportedly in discussions with Google to incorporate the Gemini artificial intelligence engine into its iPhone lineup, according to Bloomberg’s Mark Gurman. Alongside this, there have been talks with OpenAI, the developers behind ChatGPT, indicating a...
Hyundai’s $50 billion gamble: Bold investment to cement top-3 status in the EV market
Hyundai has unveiled plans for a monumental $50 billion investment aimed at securing its position as one of the top three EV manufacturers by 2030. This ambitious endeavor underscores Hyundai’s determination to thrive in an automotive landscape undergoing a rapid shift...
BYD Challenges Tesla for Electric Car Sales Crown in 2024
According to TrendForce, global sales of NEVs (New Energy Vehicles), encompassing BEVs (Battery Electric Vehicles), PHEVs (Plug-in Hybrid Electric Vehicles), and FCVs (Fuel Cell Vehicles), are expected to hit 13.03 million units in 2023, marking a growth rate of 29.8%....
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...