Tesla has recently unveiled an updated version of its highly popular Model Y in China, recognizing the urgent need to maintain its competitive edge in a rapidly evolving electric vehicle (EV) landscape. Priced at 263,500 Chinese yuan (approximately $35,935), the new Model Y represents a 5.4% increase over the previous version, with delivery expected to
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Taiwan Semiconductor Manufacturing Company (TSMC) has demonstrated remarkable financial growth, outpacing analyst predictions in its latest quarterly earnings report. For the fourth quarter, TSMC announced a staggering revenue of NT$868.5 billion (approximately $26.3 billion), which represents a year-over-year increase of 38.8%. This figure exceeded the expectations set by Refinitiv, which anticipated revenues around NT$850.1 billion.
On Friday, a landmark case centered on the popular app TikTok will unfold before the United States Supreme Court. The justices will deliberate over the constitutionality of the Protecting Americans from Foreign Adversary Controlled Applications Act, a piece of legislation that could pave the way for an outright ban of the app as early as
In a surprising but revealing move, Microsoft declared on Thursday its intention to donate $1 million to the inauguration fund of President-elect Donald Trump. This decision illustrates a growing trend among leading technology companies in aligning themselves financially and politically with the incoming administration. Just hours prior to Microsoft’s announcement, Google also pledged $1 million
In recent years, Amazon has transformed from a mere e-commerce platform into a formidable player in the digital advertising space. This shift has culminated in the emergence of Amazon as one of the top contenders in the online advertising arena, with significant investments from brands seeking premium exposure on its vast marketplace. As of 2022,
In a stunning courtroom revelation, Ann Altman, the sister of OpenAI CEO Sam Altman, is bringing forth serious allegations of sexual abuse against her brother. The lawsuit, filed in the U.S. District Court for the Eastern District of Missouri, marks a dramatic escalation from Ann’s past public claims, painting a harrowing picture of abuse starting
In the complex interplay between politics and business, few developments attract as much attention as corporate donations to political campaigns or inaugural funds. Recently, Hims & Hers Health made headlines by contributing $1 million to President-elect Donald Trump’s inauguration fund, a strategic move that aligns the telehealth company with the incoming administration, known for its
The world of professional sports, technology, and politics often intertwine in unexpected ways, as exemplified by the recent announcement that Dana White, CEO of the Ultimate Fighting Championship (UFC), is joining the Meta board. This move comes on the heels of a politically charged atmosphere, notably as Donald Trump prepares to take office as President
The semiconductor industry has witnessed a remarkable surge in stock performance, particularly following the announcement from Foxconn, the contract electronics titan. With the company revealing record fourth-quarter revenues, analysts and investors are left pondering the prospects of an ever-expanding artificial intelligence (AI) market. Foxconn, officially known as Hon Hai Precision Industry Co., reported a stunning
The cybersecurity industry has lost one of its most influential figures with the passing of Amit Yoran, the former CEO of Tenable. His unexpected death at the age of 54 has sent shockwaves through the tech community, marking the end of a significant chapter not just for Tenable, but for the entire cybersecurity landscape. Yoran’s