Musk’s SpaceX Reportedly Inks Deal With EU To Launch Satellites.
In a recent development, it has been reported that Elon Musk’s aerospace company, SpaceX, has successfully secured a deal with the (European Union) EU to launch satellites into orbit. This collaboration marks a significant milestone for both parties involved and...
Apple, caught by surprise in generative AI boom, to spend $1 billion per year to catch up.
According to a report by Bloomberg, tech giant Apple is set to allocate a significant budget of $1 billion per year towards the development of its generative artificial intelligence (AI) products. The company is keen on utilizing AI to enhance...
Apple Supplier Foxconn Subjected to Tax Inspections by Chinese Authorities.
In a recent development, Foxconn, Apple Supplier has found itself under scrutiny as Chinese authorities have launched tax inspections at the company’s facilities. This move comes as part of the Chinese government’s efforts to crack down on tax evasion and...
Tesla shares plummet 9% after Elon Musk sounds cautionary note, downplays Cybertruck
Tesla shares took a sharp downturn on Thursday after the release of the company’s third-quarter results, which fell short of expectations. The electric automaker reported missing on both the top and bottom lines, causing a drop of around 9% in...
Meta, Apple and Google cheer FCC ruling that could pave the way for new AR and VR applications
In a significant move, the Federal Communications Commission (FCC) recently announced its decision to open up a band of spectrum for wearable devices, paving the way for exciting advancements in AR and VR applications. This development has been met with...
LinkedIn to cut 668 jobs in second round of layoffs this year.
In an unexpected move, LinkedIn, the world’s leading professional networking platform, has announced a second round of layoffs this year, affecting a total of 668 employees. This decision comes as a surprise to many, as the company, like countless others,...
