News

China’s iPhone Sales Capture Top Spot in May 2025

Apple Inc. has reclaimed its position as the leading smartphone brand in China, with iPhone sales capturing the top spot in May 2025, according to data from Counterpoint Research....

Hyundai Exits India’s Ola Electric as Kia Cuts Stake in $80 Million Share Sale

In a notable development in India’s electric vehicle (EV) sector, South Korean automakers Hyundai Motor and Kia Corporation...

Foxconn Eyes $3 Billion Acquisition of Singapore’s UTAC in Semiconductor Expansion

In a significant development within the global semiconductor industry, Taiwan’s Foxconn Technology Group, officially known as Hon Hai...

Google One Hits 150 Million Subscribers AI Revolution Is Here!

Alphabet’s Google One subscription service has recently surpassed 150 million subscribers, marking a significant milestone fueled by the...

Asian Airlines Re-routes and Cancels Flights Amid India-Pakistan Conflict

Several Asian airlines have been forced to reroute or cancel flights due to the escalating conflict between India...

Tariffs Set to Increase Car Prices, Say Industry Experts

President Donald Trump's recent imposition of 25% tariffs on steel and aluminum imports, effective March 12, 2025, has sparked significant concern among automotive industry...

DeepSeek Propels China’s AI Industry Ahead in Cost-Effective AI Race

China's artificial intelligence (AI) sector, DeepSeek, a Hangzhou-based AI startup, has developed innovative models that are providing domestic chipmakers with a competitive edge in...

DeepSeek Under Fire: EU Regulators Intensify Data Privacy Investigations

Chinese artificial intelligence startup DeepSeek is encountering escalating regulatory challenges in Europe. The European Data Protection Board (EDPB) has indicated that national authorities may...

AI Showdown: Musk’s Bid for OpenAI Rejected by Altman

Elon Musk, leading a consortium of investors, has proposed a $97.4 billion acquisition of OpenAI, the organization behind the renowned AI model ChatGPT. OpenAI's...

Coca-Cola Weighs Plastic Surge Amid Aluminum Tariff Pressures

Coca-Cola is considering increasing its use of plastic bottles in the U.S. market as a response to the aluminum tariffs imposed by former President...

Merger Meltdown: Honda and Nissan’s Failed Alliance Clouds Future

Merger discussions between Honda Motor Co. and Nissan Motor Co. have collapsed, casting uncertainty over the future strategies of both companies. The proposed $60...