The debate over whether artificial intelligence is heading toward a market bubble has become one of the most discussed topics among global investors. While some experts, including billionaire investor Ray Dalio, have raised concerns about market overvaluation, others see today’s AI surge as fundamentally different from previous tech frenzies. One such optimist is Magnus Grimeland, […]
Meta CEO Mark Zuckerberg has once again defended the company’s aggressive push into artificial intelligence, saying that heavy spending now will drive massive long-term gains for the tech giant. During Meta’s third-quarter earnings call, Zuckerberg addressed the company’s soaring AI expenditures — including a $14.3 billion investment in Scale AI — part of a broader […]
Nintendo has raised its sales forecast for the Switch 2 console, reflecting growing momentum for its next-generation gaming system. The Japanese gaming powerhouse now expects to sell 19 million units of the Switch 2 in the fiscal year ending March 2026, up from its earlier estimate of 15 million units. Here’s how Nintendo performed in […]
Norway’s $2 trillion sovereign wealth fund, the world’s largest, has announced that it will vote against Elon Musk’s record-breaking $1 trillion compensation package at Tesla’s upcoming shareholder meeting, challenging the company’s leadership and Musk’s influence. The fund, officially managed by Norges Bank Investment Management (NBIM) and a major Tesla shareholder, revealed on Tuesday that it […]
Apple has reported stronger-than-expected fiscal fourth-quarter results, setting the stage for what could be its most successful December quarter in history — powered by exceptional demand for the newly launched iPhone 17 lineup. The company’s shares rose in after-hours trading following the announcement, as Apple’s forecast surpassed market expectations and highlighted solid performance across several […]
Airlink Communication has announced plans to launch Pakistan’s first official Apple retail store by the end of 2025, marking a major milestone for Apple fans across the country. The flagship store will open inside Dolmen Mall Lahore, sharing retail space with a Xiaomi outlet, according to details shared during Airlink’s recent corporate briefing with Topline […]
Just ahead of Tesla’s quarterly earnings release, a powerful coalition of labor unions and corporate accountability groups has launched a campaign challenging Elon Musk’s record-breaking $1 trillion compensation package. The initiative, called “Take Back Tesla,” is led by organizations including the American Federation of Teachers and Public Citizen. The campaign’s newly launched website urges Tesla […]
Meta is laying off around 600 employees from its artificial intelligence division as part of a major restructuring aimed at streamlining operations and accelerating innovation. A company spokesperson confirmed that the move is part of CEO Mark Zuckerberg’s broader plan to make the organization leaner and more efficient. The job cuts were announced in a […]
The state of New Jersey has filed a lawsuit against Amazon, accusing the company of systematically discriminating against thousands of pregnant employees and workers with disabilities across its warehouses. Filed in Essex County Superior Court by Attorney General Matthew Platkin’s office, the complaint claims Amazon violated New Jersey’s anti-discrimination laws by unfairly denying or delaying […]
Tesla is ramping up its artificial intelligence ambitions with a powerful new chip — the AI5 — that will be produced at Samsung’s Texas facility and TSMC’s Arizona foundry, according to CEO Elon Musk. During the company’s Q3 earnings call, Musk revealed that Tesla aims for “excess production” of the AI5 chip, ensuring enough supply […]