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Broadcom: $61 Billion VMware Deal

Broadcom Inc. is a multinational American company that designs, develops, manufactures, and supplies a wide range of semiconductor chips and infrastructure software products globally. It was founded in 1961 and has its headquarters in San Jose, California. According to reports, Broadcom acquired VMware for $61 billion USD, and regulatory approval was obtained in Australia, Brazil,…

Anthropic Launches Claude 2.1

A chatbot is a software application used to conduct online chat conversations via text or text-to-speech, instead of providing direct contact with a live human agent. These are computer programs capable of maintaining a conversation with a user in natural language, understanding their intent, and replying based on preset rules and data. According to recent…

Honda

Honda Recalls 248,999 Vehicles

Honda has issued a recall of about 248,999 vehicles due to a manufacturing defect that affects the engine crankshaft. The National Highway Traffic Safety Administration (NHTSA) recall notice cautions that this flaw may cause the connecting rod bearing to prematurely wear out or seize. The seizure raises the possibility that the car would operate erratically,…

Mercedes Benz: First EV Charging Hub

Mercedes Benz has launched its first proprietary electric vehicle (EV) charging hub in North America. 400 charging stations will be constructed in the region over the course of the next seven years, with the first one opening at the company’s USA headquarters in Georgia. In July 2023, Incognito Blog reported that Mercedes-Benz adopted Tesla’s supercharger…

X Launches Job Board

X formerly known as twitter, has launched its job board feature, making the everything application a direct LinkedIn competitor. With the help of the job search tool, companies may now post job openings on the social media platform and provide interested individuals with a link to apply through their preferred channel. At this time, the…

Amazon and Hyundai Partnership

Amazon and Hyundai have partnered together to allow the retail giant to feature cars for sale on its website beginning in 2024. The Amazon vehicle section will allow customers browse, customize, and order Hyundai vehicles of their choice without leaving the website, and have it delivered by their local dealership. The report further mentions that…

Paystack to Layoff 33

Paystack is a financial technology company that specializes in payment processing services for businesses. The company was founded in 2015 with its headquarters in Lagos, Nigeria. In 2016, the company raised about $1.3 million USD and a follow up $8 million USD in 2018. Stripe, a multinational financial services corporation dual-headquartered in Dublin and California,…

Amazon Games to Layoff 180

Amazon Games is a video game development and publishing company that was founded in 2012 as a division of the Amazon corporation. The company’s portfolio consists of games like New World, Lost Ark, etc., and its development studios span across San Diego, USA and Montreal, Quebec. Amazon Games is headquartered in Washington, USA. According to…

Hyundai: $1.5 Billion South Korea EV Plant

Hyundai Motor Company recently held an event in its South Korea complex in Ulsan, where it unveiled plans to build a new electric vehicle (EV) manufacturing plant that would cover about 548,000 m2. The event venue was particularly important as it was the company’s first major manufacturing facility that was established over 50 years ago….