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...

Boeing’s Ongoing Struggles: A Deep Dive into the $3.8 Billion Quarterly Loss

Boeing, the aerospace giant, has reported a fourth-quarter loss of $3.8 billion for 2024, bringing its cumulative losses to over $35 billion since the...

From Fact-Checkers to Community Notes: Meta’s Bold Move Explained

Meta Platforms, the parent company of Facebook, Instagram, and Threads, has announced the discontinuation of its third-party fact-checking program in the United States. Instead,...

DeepSeek’s AI Innovation Sparks Energy Efficiency Debate

In a significant development within the artificial intelligence (AI) sector, Chinese startup DeepSeek has announced the creation of a chatbot that rivals leading models...

Mitsubishi Chooses Independence Amid Major Automotive Merger Talks

Mitsubishi Motors Corporation has decided not to participate in the proposed merger between Honda Motor Co. and Nissan Motor Co. This decision underscores Mitsubishi's...

Ancora’s Strategic Play to Reshape U.S. Steel’s Future

In a significant development within the steel industry, Ancora Holdings Group, an asset management firm overseeing $10 billion in assets, has acquired a 0.18%...

Microsoft Eyes TikTok Acquisition as Trump Weighs Ban on the App

The U.S. government’s growing concerns over Chinese-owned apps and their potential threat to national security have brought TikTok, a popular social media platform, into...