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Introducing Zoom Workplace: Reimagine teamwork with your AI-powered collaboration platform

Zoom Workplace brings communication, employee engagement, spaces, and productivity solutions together on a single platform with Zoom AI Companion capabilities woven throughout. Today, dispersed teams and disconnected collaboration tools have created unwanted complexity — in the form of more meetings, siloed communication channels, and information overload. A 2023 Morning Consult report commissioned by Zoom revealed that more than half of…

Apple Explores Home Robotics as Potential ‘Next Big Thing’ After Car Fizzles

The endeavor encompasses the development of a mobile robot designed to seamlessly navigate households, tailoring itself to users' movements. Additionally, Apple has delved into crafting an advanced table-top device employing robotics to maneuver a display, enhancing user interaction within domestic spaces. Amid the dawn of this initiative, Apple finds itself at a critical juncture, compelled to diversify revenue streams following…

Tesla reports first drop in electric car sales since 2020

In the ongoing saga of Tesla versus BYD electric cars, a new chapter unfolds with Tesla reporting a significant downturn in its sales, marking its first decline since 2020. Meanwhile, BYD, the Chinese electric vehicle manufacturer backed by Warren Buffett, faced a staggering collapse in sales, plummeting nearly 1.5 times. Tesla Electric Car Sales: Worse Than Expected Even the usually…

Huawei Bounces Back: $97.48B Revenue Signals Business Revival

In a remarkable resurgence, Huawei Technologies reported a staggering $97.48 billion in revenue for 2023, marking its fastest growth in four years. This resurgence comes as a testament to the company's ability to navigate through turbulent waters, particularly in the aftermath of the 2019 U.S. sanctions. Consumer Segment Revival The consumer segment emerged as a key driver behind Huawei's impressive…

Volvo Bids Farewell to Diesel with Release of Final Model

Volvo Car AB has marked the end of an era by unveiling its last diesel-powered vehicle, signaling a decisive shift towards electric mobility. The Swedish automaker, renowned for its commitment to sustainability, rolled out the final model, the Volvo XC90, at its plant in Torsland, Sweden. This move aligns with Volvo's ambitious goal to exclusively produce electric cars by 2030.…

Hyundai’s $50 Billion Gamble: A Charge Towards EV Domination

Hyundai, in a bold move reflecting the seismic shift towards electric vehicles (EVs), has disclosed plans for a monumental investment of $50 billion (68 trillion won). This strategic initiative aims to propel Hyundai into the echelons of the top three EV manufacturers globally by the year 2030. The Korean automotive giant's investment strategy is meticulously crafted to fortify its foothold…

Intel will receive $8.5 billion under the CHIPS Act to support its U.S. manufacturing operations

Intel Corporation stands poised to receive an unprecedented boost from the U.S. government, marking the largest investment under the CHIPS Act, a significant stride in bolstering domestic semiconductor production. A tentative agreement struck with the Department of Commerce outlines Intel's potential windfall, with up to $8.5 billion in direct funding earmarked to fortify the chipmaker's U.S. manufacturing facilities. These funds…

BYD Emerges as Strong Contender Against Tesla in 2024 Electric Car Sales Race

TrendForce reports that global sales of NEVs, including BEVs, PHEVs, and FCVs, are projected to hit 13.03 million units in 2023, marking a 29.8% growth rate. This growth, while substantial, indicates a slowdown compared to the 54.2% surge witnessed in 2022. Among these figures, BEVs stand at 9.11 million units, with a growth rate of 24%, while PHEVs reach 3.91…

Microsoft Empowers Users With GPT-4 Turbo In Copilot Pro: Creating Chatbots Now Available

Microsoft Corporation has unveiled a significant expansion of its Copilot Pro subscription, introducing access to LLM GPT-4 Turbo from OpenAI, a move aimed at democratizing advanced AI capabilities for users worldwide. Copilot Pro Goes Global with GPT-4 Turbo The enhanced Copilot Pro subscription now spans across 222 countries, providing users with a plethora of cutting-edge features. Notably, Microsoft is offering…

Apple in Talks with Google to Integrate Gemini AI into iPhone

Bloomberg's Mark Gurman reports that Apple is currently engaged in discussions with Google regarding the integration of the Gemini artificial intelligence engine into the iPhone. This revelation emerges amidst Apple's contemplation of collaborating with OpenAI, the developer behind ChatGPT. Apple and Google have long maintained a search partnership, with Alphabet annually compensating Apple for employing its search engine as the…

Disappointing Statistics On Mobile App Revenues

Mobile app developers are expected to push more aggressively for subscription-based usage next year. Figures from RevenueCat, which analyzed more than 30,000 apps show that most are struggling to reach $1,000 a month in revenue. RevenueCat is developing a subscription toolkit for mobile apps, ArsTechnica reported. The company lists Reuters, Buffer, Goodnotes, PhotoRoom, and Notion among its customers. It is…

Xiaomi’s electric car ambitions drive up share price amid fierce competition

Xiaomi Corporation announced its foray into the electric vehicle (EV) arena, triggering the largest intraday surge in its share prices in over a year. The tech giant's decision to step into the highly competitive EV market marks a pivotal moment in its trajectory, signaling ambitions to rival industry behemoths like Tesla and BYD. Xiaomi's Long-Awaited Entry into the Electric Vehicle…

Telegram has 900 million users, earns hundreds of millions of dollars and is valued at more than $30 billion

Pavel Durov, the founder of Telegram, proudly highlighted the staggering success of the messaging app, which now boasts a whopping 900 million monthly active users. Durov revealed that the platform's user base has surged from 500 million at the beginning of 2021, underscoring its exponential growth in a short span. Monetization Milestones: Hundreds of Millions in Revenue Durov disclosed that…

Tesla’s Market Value Plummets: A $234 Billion Freefall in 10 Weeks

Elon Musk's Tesla has witnessed a staggering 29% plunge in its stock value within a mere 10 weeks, hitting its lowest point since May. This nosedive has led to a jaw-dropping $234 billion reduction in market capitalization, now resting just above $550 billion. Outshining Giants: More Than McDonald's, Disney, or Nike The repercussions are significant, overshadowing the market values of…

SpaceX and T-Mobile have achieved warp-speed connectivity

SpaceX, under the leadership of visionary CEO Elon Musk, announced a remarkable achievement on X Twitter - a groundbreaking 17 Mbps download speed directly from the Starlink satellite to an unmodified Samsung Android phone. Maximizing Potential: Peak Speeds and Coverage Clarifications Elon Musk proudly shared the achievement, stating, "SpaceX just achieved a maximum download speed of 17 Mbps from the…

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