Enterprise

China finds itself in a critical and competitive situation as it seeks to establish its presence in the satellite internet industry, a domain currently dominated by Elon Musk’s SpaceX and its Starlink constellation. With approximately 7,000 operational satellites serving nearly 5 million customers across more than 100 countries, Starlink’s success showcases a model that delivers
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In 2018, the tech landscape witnessed a clash that underscored the volatile nature of mergers and acquisitions within the industry. Broadcom, a key player in the semiconductor space, attempted to acquire Qualcomm for a staggering $120 billion. However, this ambition was met with resistance not only from Qualcomm, which categorically dismissed the offer, but also
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In a shocking revelation, the tech community mourns the death of 26-year-old Suchir Balaji, a former researcher at OpenAI. Found deceased in his San Francisco apartment, the death has been ruled as a suicide by the city’s medical examiner. This incident raises significant ethical questions within the tech industry, particularly regarding the emotional and psychological
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In the world of tech giants and billion-dollar deals, few figures stand out quite like Elon Musk. Known for his outspoken personality and ambitious ventures, Musk has found himself embroiled in ongoing disputes with regulatory authorities. A recent letter from Musk’s attorney to the Securities and Exchange Commission (SEC) escalates this tension, showcasing not only
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Tesla Inc. has experienced a resurgence in its stock value, reaching unprecedented heights last Wednesday. The move is a clear reflection of the dramatic shifts that intertwine the world of electric vehicles and politics. With shares soaring to an intraday high of $415, exceeding the previous record established in 2021, there has been palpable excitement
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In a striking move emblematic of the rapidly changing landscape of the autonomous vehicle market, General Motors (GM) announced its decision to cease funding for its Cruise division’s robotaxi development. This decision, articulated in a corporate statement on Tuesday, underscores the increasing competition within the robotaxi sector, prioritization of capital allocation, and the daunting resources
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In a significant leadership transition within one of China’s foremost financial technology companies, Ant Group has announced that Cyril Han, currently serving as the president and finance chief, will assume the role of chief executive officer starting March 1, 2025. This change aims to rejuvenate the company’s trajectory in the wake of challenges posed by
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