China Opens Doors to Tesla's Full Self-Driving System Tesla received approval to test its self-driving assistance system, Full Self-Driving Capability (FSD), in Shanghai, China.
Tesla Shifts Gears: Major Expansion in Robotics Set to Skyrocket Valuation Elon Musk made several significant announcements at the recent Tesla shareholders’ meeting. Musk shared that his stock option compensation package was reapproved, amounting to approximately $5.6 billion. Additionally, the proposal to relocate the headquarters to Texas was accepted, which is expected to strengthen Musk’s control over Tesla. The proposal received over 80% of the total […]
Nvidia Lawsuit Reaches the Supreme Court The U.S. Supreme Court is hearing a lawsuit about Nvidia’s cryptocurrency mining profits. Nvidia plans to aggressively assert its stance against the lower court’s decision. According to industry insiders on the 18th, the U.S. Supreme Court accepted Nvidia’s appeal against the lower court’s verdict. The Supreme Court plans to review Nvidia’s arguments in its next […]
Why LG's Agitator Washer Is Winning Hearts (and Sales) in America LG Electronics has received positive comments about its agitator washing machine from Consumer Reports.
Why Samsung's OLED TV Is the Top Choice for Americans According to Consumer Reports Consumer Reports awarded Samsung's 65-inch OLED TV with a top score of 87. This year, Samsung's TV was launched in the U.S., ranking...
Meta Indefinitely Postpones AI Chatbot Launch Due to EU Sanctions The launch of AI on the Meta platform has been postponed due to sanctions posed by the European Union (EU). Meta announced on the 15th that the launch of the Meta AI chatbot in Europe is delayed after the European regulatory authorities denied their plans to train large language models (LLM) with users’ posts. Meta […]
Tesla Stock Falls After Autopilot Causes Another High-Profile Crash According to the Fullerton Police Department in California and the Los Angeles Times on the 14th, an accident involving a police cruiser and a Tesla on autopilot occurred at the intersection of Orangethorpe and Courtney avenues while a police officer was conducting a traffic stop. At the time, the police car had its emergency lights […]
Tesla Renews Elon Musk's CEO Compensation Package At the Tesla shareholder meeting, a proposal to reward Tesla CEO Elon Musk with tens of billions of dollars was passed. Another proposal to move Tesla’s corporate headquarters from Delaware to Texas also passed. On June 13, Tesla announced at the annual shareholders meeting held at its headquarters in Austin, Texas, that a proposal to […]
End of the Line? Terraform Labs Agrees to $4.7 Billion SEC Settlement Kwon Do Hyung and Terraform Labs have agreed to pay the U.S. Securities and Exchange Commission (SEC) a fine of $4.47 billion. This is in response to the so-called stablecoin TerraUSD virtual asset collapse in 2022, which resulted in a $40 billion loss. A stablecoin is a virtual asset linked to the U.S. dollar. According […]
Wall Street Guru: Why Apple's AI Push Could Make You Rich Steve Eisman, a well-known Wall Street fund manager and the real-life protagonist of The Big Short, ...
Apple Reigns Supreme: Back at #1 in Market Cap After Latest AI Announcement According to Reuters, Apple has surpassed Microsoft Corporation (MS) to become the most valuable company in market capitalization as the trading closed on June 13. Apple’s market capitalization has exceeded that of Microsoft Corporation (MS), taking the top spot. This comes after Apple’s stock price rose by 8.8% over four trading days following the announcement […]
Will Trump's Controversial Trade-Off Lead to No More Income Tax? Janet Yellen, the U.S. Secretary of the Treasury, criticized former President Donald Trump’s proposal to abolish income tax and replace it with tariffs on imported goods, stating it would significantly exacerbate the hardship of Americans. In an interview with ABC, Yellen discussed Trump’s tax cut idea, stating, “A tariff well over 100% would be necessary,” […]
IBM and Japan's AIST Forge Historic Quantum Computing Alliance The United States and Japan have agreed to develop next-generation quantum computers. According to the Nikkei on the 16th, IBM and the National Institute of Advanced Industrial Science and Technology signed a Memorandum of Understanding (MOU) on quantum research. This marks the first time IBM has collaborated with a research institute outside the U.S. […]
China's Xiaomi EV Shatters Expectations with Record-Breaking 20,000 Deliveries! China's Xiaomi EV announced on Weibo that the cumulative number of deliveries of its first model, the SU7, exceeded 20,000 units on June 13.
AI Fever Boosts NASDAQ: Tech Sector Remains Steady and Strong Analyses are suggesting that there are no signs of overheating in the IT sector, which is leading the rally of the U.S. stock market in New York. In anticipation of a decrease in the benchmark interest rate, the S&P 500 and Nasdaq Composite are breaking new records. In particular, the Nasdaq index took advantage of […]
Sustainable and Strong: New EV Batteries Cut CO2 Emissions by 20%! On June 7, 2024, British battery technology company Integral Power announced that they had developed a new cathode material that increases the driving range of electric vehicle (EV) batteries, reduces charging time, and enhances durability. Integral Power claims that its self-developed LFP and LFMP (Lithium Iron Phosphate and Lithium Manganese Iron Phosphate) can increase energy storage […]
BYD Stock Surges Despite New EU Tariffs AP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
The Rise of Apple: How AI is Shaping the Future of the Tech Giant After five months, Apple has reclaimed its position as the world’s largest company by market capitalization. Amid a fierce battle for the top spot between Apple and Microsoft Corporation, Nvidia is hot on their heels. On the 13th, Apple’s market capitalization closed at approximately $3.29 trillion on the New York Stock Exchange. Apple has reclaimed […]
Elon Musk's Vision Comes Alive: Optimus Robots to Hit the Market Next Year Tesla has announced through their X account that two Optimus humanoid robots operating autonomously in one of its factories.
He Said, She Said: Elon Musk and SpaceX Hit with Harassment Lawsuit by Former Employees Former employees of SpaceX have filed a lawsuit against CEO Elon Musk in a California court, alleging gender discrimination and workplace harassment. According to Reuters and Bloomberg on the 12th, the four women and four men who filed the lawsuit claimed that they experienced gender discrimination and harassment within the company, which they attribute to […]
China Opens Doors to Tesla's Full Self-Driving System Tesla received approval to test its self-driving assistance system, Full Self-Driving Capability (FSD), in Shanghai, China.
Tesla Shifts Gears: Major Expansion in Robotics Set to Skyrocket Valuation Elon Musk made several significant announcements at the recent Tesla shareholders’ meeting. Musk shared that his stock option compensation package was reapproved, amounting to approximately $5.6 billion. Additionally, the proposal to relocate the headquarters to Texas was accepted, which is expected to strengthen Musk’s control over Tesla. The proposal received over 80% of the total […]
Nvidia Lawsuit Reaches the Supreme Court The U.S. Supreme Court is hearing a lawsuit about Nvidia’s cryptocurrency mining profits. Nvidia plans to aggressively assert its stance against the lower court’s decision. According to industry insiders on the 18th, the U.S. Supreme Court accepted Nvidia’s appeal against the lower court’s verdict. The Supreme Court plans to review Nvidia’s arguments in its next […]
Why LG's Agitator Washer Is Winning Hearts (and Sales) in America LG Electronics has received positive comments about its agitator washing machine from Consumer Reports.
Why Samsung's OLED TV Is the Top Choice for Americans According to Consumer Reports Consumer Reports awarded Samsung's 65-inch OLED TV with a top score of 87. This year, Samsung's TV was launched in the U.S., ranking...
Meta Indefinitely Postpones AI Chatbot Launch Due to EU Sanctions The launch of AI on the Meta platform has been postponed due to sanctions posed by the European Union (EU). Meta announced on the 15th that the launch of the Meta AI chatbot in Europe is delayed after the European regulatory authorities denied their plans to train large language models (LLM) with users’ posts. Meta […]
Tesla Stock Falls After Autopilot Causes Another High-Profile Crash According to the Fullerton Police Department in California and the Los Angeles Times on the 14th, an accident involving a police cruiser and a Tesla on autopilot occurred at the intersection of Orangethorpe and Courtney avenues while a police officer was conducting a traffic stop. At the time, the police car had its emergency lights […]
Tesla Renews Elon Musk's CEO Compensation Package At the Tesla shareholder meeting, a proposal to reward Tesla CEO Elon Musk with tens of billions of dollars was passed. Another proposal to move Tesla’s corporate headquarters from Delaware to Texas also passed. On June 13, Tesla announced at the annual shareholders meeting held at its headquarters in Austin, Texas, that a proposal to […]
End of the Line? Terraform Labs Agrees to $4.7 Billion SEC Settlement Kwon Do Hyung and Terraform Labs have agreed to pay the U.S. Securities and Exchange Commission (SEC) a fine of $4.47 billion. This is in response to the so-called stablecoin TerraUSD virtual asset collapse in 2022, which resulted in a $40 billion loss. A stablecoin is a virtual asset linked to the U.S. dollar. According […]
Wall Street Guru: Why Apple's AI Push Could Make You Rich Steve Eisman, a well-known Wall Street fund manager and the real-life protagonist of The Big Short, ...
Apple Reigns Supreme: Back at #1 in Market Cap After Latest AI Announcement According to Reuters, Apple has surpassed Microsoft Corporation (MS) to become the most valuable company in market capitalization as the trading closed on June 13. Apple’s market capitalization has exceeded that of Microsoft Corporation (MS), taking the top spot. This comes after Apple’s stock price rose by 8.8% over four trading days following the announcement […]
Will Trump's Controversial Trade-Off Lead to No More Income Tax? Janet Yellen, the U.S. Secretary of the Treasury, criticized former President Donald Trump’s proposal to abolish income tax and replace it with tariffs on imported goods, stating it would significantly exacerbate the hardship of Americans. In an interview with ABC, Yellen discussed Trump’s tax cut idea, stating, “A tariff well over 100% would be necessary,” […]
IBM and Japan's AIST Forge Historic Quantum Computing Alliance The United States and Japan have agreed to develop next-generation quantum computers. According to the Nikkei on the 16th, IBM and the National Institute of Advanced Industrial Science and Technology signed a Memorandum of Understanding (MOU) on quantum research. This marks the first time IBM has collaborated with a research institute outside the U.S. […]
China's Xiaomi EV Shatters Expectations with Record-Breaking 20,000 Deliveries! China's Xiaomi EV announced on Weibo that the cumulative number of deliveries of its first model, the SU7, exceeded 20,000 units on June 13.
AI Fever Boosts NASDAQ: Tech Sector Remains Steady and Strong Analyses are suggesting that there are no signs of overheating in the IT sector, which is leading the rally of the U.S. stock market in New York. In anticipation of a decrease in the benchmark interest rate, the S&P 500 and Nasdaq Composite are breaking new records. In particular, the Nasdaq index took advantage of […]
Sustainable and Strong: New EV Batteries Cut CO2 Emissions by 20%! On June 7, 2024, British battery technology company Integral Power announced that they had developed a new cathode material that increases the driving range of electric vehicle (EV) batteries, reduces charging time, and enhances durability. Integral Power claims that its self-developed LFP and LFMP (Lithium Iron Phosphate and Lithium Manganese Iron Phosphate) can increase energy storage […]
BYD Stock Surges Despite New EU Tariffs AP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
The Rise of Apple: How AI is Shaping the Future of the Tech Giant After five months, Apple has reclaimed its position as the world’s largest company by market capitalization. Amid a fierce battle for the top spot between Apple and Microsoft Corporation, Nvidia is hot on their heels. On the 13th, Apple’s market capitalization closed at approximately $3.29 trillion on the New York Stock Exchange. Apple has reclaimed […]
Elon Musk's Vision Comes Alive: Optimus Robots to Hit the Market Next Year Tesla has announced through their X account that two Optimus humanoid robots operating autonomously in one of its factories.
He Said, She Said: Elon Musk and SpaceX Hit with Harassment Lawsuit by Former Employees Former employees of SpaceX have filed a lawsuit against CEO Elon Musk in a California court, alleging gender discrimination and workplace harassment. According to Reuters and Bloomberg on the 12th, the four women and four men who filed the lawsuit claimed that they experienced gender discrimination and harassment within the company, which they attribute to […]
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