investment
Indonesian Government Rejects Apple’s $100M Bid to Lift iPhone 16 Ban in The Market
Apple faced trouble with the Indonesian government last month when they banned the new iPhone 16 series. This happened because Apple didn’t meet its promised …
Apple make moves to overturn the iPhone 16 ban in Indonesia
Last week, Apple was hit with a ban on its iPhone 16 and Watch 10 product lines in Indonesia. This restriction was due to its …
Bitcoin Surges to a New Record High of Over $70,000
Bitcoin, the world’s most popular cryptocurrency, has once again captured the attention of investors and enthusiasts alike as it recently soared to a new all-time …
Elon Musk responds to rumours that xAI received a $500 million investment commitment
Elon Musk, the CEO of xAI, has denied reports that his artificial intelligence company secured $500 million in commitments from investors toward a $1 billion …
Israel Grants Intel $3.2 Billion for Groundbreaking Chip Plant
Israel’s government has agreed to provide Intel with a $3.2 billion grant for the construction of a new $25 billion chip plant in southern Israel. …
Xbox spends over a $1 billion/year on third-party games on Game Pass
Microsoft’s Xbox Game Pass has been a major player in the gaming industry, offering a vast library of games for a monthly subscription fee. Recent …
OpenAI to receive further financial support from Microsoft
Microsoft has announced a multiyear, multibillion-dollar investment in OpenAI, a startup that specializes in AI research and development. This investment follows Microsoft’s previous investments of …
China is Set to Invest $40 Billion in Chinese Chip Industry
China wants to create a big investment fund, around $40 billion, to help its semiconductor industry. They’re doing this to catch up with the United …
TSMC Shares Decline by 3.3% as Revenue Outlook Revised Downward
On July 21, Reuters reported that shares of Taiwan’s TSMC (Taiwan Semiconductor Manufacturing Company) experienced a significant drop of over 3% in value. This decline …
India’s Chip Plan Suffers Another Setback
India has been trying to fix itself as a chip powerhouse, but its efforts have hit a new setback. The country’s plan to produce chips …