Apple has surpassed Microsoft and Nvidia and taken the number one spot as the most valuable company in the United States, with a market capitalization of $3.29 trillion USD. According to reports, Apple shares rose 0.6% on Thursday, June 13, 2024, and 8.8% so far this week. This comes after announcements were made about partnering…
X Launches Private Likes Feature
X, formerly known as Twitter, has launched a private likes feature that hides liked posts of users from other users. This means that users will still be able to see their own likes, but others will not. According to the report, like counts and other metrics for posts will still show up under notifications, but…
Coach Files For Bankruptcy
Coach USA, LLC is a prominent transportation company founded in 1995 and headquartered in Paramus, New Jersey. It provides extensive public bus services across the United States and Canada. According to reports, Coach USA filed for Chapter 11 bankruptcy on June 12, 2024, citing a significant decline in ridership as well as debt due to…
Audi: $1 Billion Electric Vehicle Investment In Mexico
Audi AG is a German automotive manufacturer of luxury vehicles and a subsidiary of the Volkswagen Group. It was founded in 1969 and is headquartered in Ingolstadt, Bavaria, Germany. According to reports, Audi has announced plans to invest $1 billion USD in the Mexican state of Puebla. This investment aims to turn Puebla into a…
Fisker Recalls 11,201 Vehicles
Fisker Inc. is an American automotive company that designs and manufactures electric vehicles. It was founded in 2016 and is headquartered in California. According to reports, Fisker has issued 2 recalls for a total of 11,201 vehicles in the U.S., Canada, and Europe. The report mentions that the current Motor Control Unit and Vehicle Control…
Voodoo: $537 Million BeReal Acquisition Deal
Voodoo SAS, also known as Voodoo.io, is a French technology company specializing in the development and publishing of video games. It was founded in 2013 and is headquartered in Paris, France. In 2022, their applications have surpassed 6 billion installations worldwide. According to reports, Voodoo has acquired BeReal, a social networking platform, for $537 million….
Nigeria: Democracy Day 2024
Democracy Day is a national public holiday in Nigeria to commemorate the restoration of democracy in 1999, when power was transferred from the military to an elected civilian government. Democracy Day was observed on May 29 until 2018 when the government adjusted the date to June 12 to commemorate the democratic election of Moshood Abiola…
Intel To Halt $25 Billion Chip Factory In Israel
Intel, the multinational technology company that specializes in semiconductor and chip manufacturing, announced that it is halting plans for a $25 billion USD chip factory in Israel. The report mentions that the factory was intended to produce advanced chips for Intel’s next-generation processors as well as increase employment opportunities. Intel said managing large-scale projects often…
Apple Unveils Apple Intelligence
Apple has unveiled Apple Intelligence, its new AI feature that will improve its operating system by partnering with OpenAI to bring ChatGPT to its devices. According to the report, Siri will be integrated with ChatGPT to generate a response when it cannot answer a query, as well as image generation capabilities. ChatGPT will also be…
Cognizant: $1.3 Billion Belcan Acquisition Deal
Cognizant Technology Solutions Corporation is a multinational information technology service and consulting company founded in 1994 as a technology unit of Duns & Bradstreet. It is headquartered in Teaneck, New Jersey. The company specializes in information technology, consulting, and outsourcing. According to reports, Cognizant has announced plans to acquire Belcan for $1.3 billion USD in…