EU Eyes Massive Fines Over Apple App Store Rules The European Union (EU) has imposed sanctions on Apple through its Digital Markets Act (DMA). If the EU regulatory authorities ultimately determine that Apple has violated the provisions of the DMA, they will impose a fine of up to 10% of Apple’s global sales. The EU Commission is expected to make a final decision on […]
Certification Scandal Halts Toyota’s Latest Lexus SUV Rollout Toyota Motor Corporation, which was caught in certification fraud, is delaying the production and release of the new Lexus GX550. According to the Nihon Keizai Shimbun (Nikkei) on the 25th, Toyota is expected to delay the production and release of 100 Lexus GX550s that were pre-sold until mid-last month. Although this model was not found […]
How Rivian Plans to Dominate the Electric SUV Market by 2026 Rivian announced that its profitability is dramatically improving through cost reductions. Rivian sold more than 50,000 units in 2023.
YouTube Cracks Down on VPN Users to Stop Cheaper Premium Subscriptions YouTube has begun cracking down on users who use VPNs to change their internet access and subscribe to the paid service at a cheaper cost.
Dow Up, S&P Down: What's Driving Wall Street's Rollercoaster? The major New York Stock exchanges experienced mixed closes for the third consecutive day.
Nvidia Faces 98% Drop Amid Market Bubble Warnings Nvidia, which has risen 174% this year, has fallen sharply for three trading days, bringing back concerns about the second dotcom bubble.
Ferrari's First EV Comes With a $535,000 Price Tag An inside source shared with Reuters that Ferrari’s first electric vehicle (EV) will cost at least $535,000. The luxury automaker is preparing to open a plant that will make the model, which could boost group production by up to a third. Ferrari’s first EV is scheduled to be launched in the second half of 2025. […]
The AI Bubble: Bursting Soon? Nvidia and Others Lose Ground NVIDIA has been struggling since it briefly became the most valuable publicly traded US company last week.
Bank of England Aims for Predictability Amid Price Fluctuations Despite the drop in U.K. inflation, the Bank of England (BOE) maintained interest rates at 5.25%. Euronews reported on the 20th (local time) that the BOE decided on monetary policies in line with the market expectations and maintained the interest rate for the seventh consecutive time. Although the possibility of a decrease was raised as […]
Bitcoin Bonanza: MicroStrategy's Massive $780 Million Purchase Shocks Market “This man is the real deal.” According to foreign media reports on the 21st, U.S., corporate software company MicroStrategy recently issued convertible bonds (CB) to purchase an additional $780 million worth of Bitcoin. They made this purchase as Bitcoin prices fell below $65,000. MicroStrategy is famous for its Bitcoin debt investment. According to the U.S. […]
NVIDIA: A Titan in Tech, Yet Invisible in Brand Rankings According to CNBC on the 23rd (local time), AI chipmaker NVIDIA became the most valuable publicly traded U.S. company for the first time last week, but its brand recognition among the public is not on par. CNBC explained that NVIDIA failed to land on the list of 100 best-known brands released by Interbrand in November […]
Intel Announces Major Breakthrough in Processor Performance and Integration On the 20th (local time), Intel announced at the annual VLSI Symposium that it is regaining its process leadership by offering cutting-edge foundry nodes with Intel 3 technology. The Intel Corporation stated, “Intel Foundry is doing its best to enable customers to exert greater capabilities for developing new applications by inheriting Moore’s Law using innovative […]
US Pushes for Tougher Controls on Investments in Chinese Semiconductors US has proposed a new rule that essentially bans Americans from investing in Chinese companies in the advanced technology sector.
U.S. Treasury Excludes South Korea on Currency Watch List South Korea has been excluded from the U.S. Treasury Department’s currency watch list due to its transparent foreign exchange policy for the second consecutive time. In contrast, Japan has been included again after a year. On the 20th local time, the U.S. Treasury Department announced its semi-annual currency report, which includes seven countries: China, Japan, […]
Apple Hunts for AI Partners in China Amid Tech Tensions Apple announced at the WWDC that it would partner with OpenAI to provide AI features linked with ChatGPT on its devices.
Investors Eye India as Stock Market Hits Trillion-Dollar Milestone As the Indian stock market continues to perform strongly, investors are turning their attention towards India.
NVIDIA's Boom: How Stock Options Turned Employees into Millionaires! Benzinga estimated that employees who joined Nvidia five years ago have become millionaires, thanks to the company's stock price soaring.
AI Sparks a New Era for Electric Grid, Says Nvidia CEO "The future of digital intelligence is quite bright, and so the future of the energy sector is bright, too."
AI Chip ETFs Soar: A 20% Gain in Just One Month! In South Korea, ETF, which predominantly includes Broadcom and Nvidia, has provided nearly a 20% return rate in just one month.
StageX Strikes Back: Firm Refutes Government's Reasons for Nixing Frequency Deal StageX has disputed a government announcement regarding canceling their frequency allocation, claiming there were errors.
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