Tesla announces price hike for cars, with China seeing the biggest jump

Tesla has announced that it will be raising the prices of its cars worldwide, with the biggest increase coming in China. For those unfamiliar with Tesla, the company was founded in 2003 and has been at the forefront of the electric car revolution ever since. The company has gained a large following of fans and investors who believe in the…

The Music Industry Is Booming: Spotify’s Growth Surpasses 500 Million Users!

Spotify, the popular music streaming service, has surpassed 500 million monthly active users. This is a significant achievement for the company, as it solidifies its position as the leading platform for music lovers worldwide. However, there is a catch. Despite the impressive user growth, Spotify's share of premium subscribers has dropped to 40%. This is a concerning trend for the…

Samsung’s Strategy Pays Off as They Overtake Apple in Smartphone Sales

According to the latest figures released by market research firm Gartner, Samsung accounted for 20.3% of worldwide smartphone sales in the fourth quarter of 2022, while Apple's share fell to 18.7%. This is a significant shift in the market, and one that is likely to have a major impact on both companies. So, what does this mean for consumers? Well,…

Alphabet report reveals significant shift in revenue streams for Google and YouTube.

In a recent earnings report from Alphabet, Google's parent company, some interesting trends emerged. First and foremost, the report revealed that Google's cloud business had turned a profit for the first time in three years. This is a significant achievement, as the cloud industry is notoriously competitive and challenging to make a profit in. The growth of Google Cloud has…

Apple’s push into India: Tim Cook’s vision takes shape

Tim Cook, CEO of Apple, opens the company's first retail store in India. This move has been long anticipated by tech enthusiasts and Apple fans around the world. India, with its massive population and growing middle class, has long been seen as a promising market for Apple's products. Until now, Apple has sold its products in India through third-party retailers…

Google Chrome’s Latest Update Brings Impressive Speed Improvements

According to a recent statement from Google, Chrome for Mac and Android has become up to 30% faster in the past three months. This is a significant improvement for the popular web browser, which has been known for its speed and reliability since its inception in 2008. Google has been working tirelessly to improve the performance of Chrome and these…

Apple reveals plans for mixed reality headset to executives

In an exclusive report by Bloomberg, Apple has revealed to executives a mixed reality headset that aims to take virtual and augmented reality to the next level. This headset, which is expected to hit the market sometime next year, has been in development for years and is said to be Apple's most ambitious product yet. But according to the same…

Twitter value drops by 50% under Elon Musk’s leadership

Just a few months ago, Twitter was riding high with a market value of $40 billion. But since Musk took the helm in November, the company's value has been cut in half, now worth only $20 billion. This is a significant drop and has left many investors wondering if Musk's leadership is to blame. Musk, who is also the CEO…

Space exploration start-up ispace aims for moon landing in 2024

The Japanese space exploration firm, ispace, is set to list its shares on the Tokyo Stock Exchange, as it gears up for its first ever lunar landing mission. The company has already attracted significant investment from global firms and investors, including Japan Airlines and Suzuki Motors. ispace's planned initial public offering (IPO) is expected to raise billions of yen, with…

Pandemic’s impact on PC market continues with steep decline in shipments

According to a report by Canalys, global PC shipments fell nearly a third in the last quarter, dropping to 79.2 million units. This marks a significant decline from the same period last year, and even below pre-pandemic levels. Apple's shipments were hit the hardest, dropping by more than 40% compared to the same quarter last year. This is a significant…

Volkswagen Announces End of Combustion Engine Era with Passat, Tiguan, and T-Roc

Volkswagen announces major changes to its vehicle lineup. The German automaker declares that its next Passat, Tiguan and T-Roc models will be the last cars with internal combustion engines. In a bold move, the company is committing to an all-electric future. This announcement marks an important turning point for Volkswagen, which has been a major player in the market for…