China Claims to Activate 1,000-Qubit Quantum System in Direct Competition with IBM In a significant leap toward scalable quantum computing, China’s QuantumCTek Co has claimed to have activated a 1,000-qubit quantum system. This milestone has set the stage for intense competition with IBM in the quantum computing arena. Quantum computing has emerged as a revolutionary […]
Nike Lays Off Some Workers in Shakeup of Technology Division
Nike Lays Off Some Workers in Shakeup of Technology Division Nike, the global sports apparel giant, has recently announced a round of layoffs within its technology division. These cuts come as part of a broader strategy to reset priorities and streamline operations. The management at Nike is aiming to execute a turnaround plan to drive […]
Apple’s $2 billion iPhone airlift from India dodges Trump’s tariffs
Apple’s $2 Billion iPhone Airlift from India Dodges Trump’s Tariffs In a bold and strategic move, tech giant Apple recently orchestrated a high-stakes operation involving the airlifting of a staggering 600 tons of iPhones from India to the United States. The urgency behind this massive logistical endeavor stemmed from the looming threat of tariffs imposed […]
EU regulators to drop Apple probe after compliance changes
EU Regulators to Drop Apple Probe After Compliance Changes Apple has managed to sidestep potential penalties from the European Union as the bloc wraps up its investigation into iPhone browser options. This development comes in the wake of regulatory modifications made by the tech giant in response to concerns raised by the EU watchdogs. The […]
Hugo Boss Warns of Weaker Demand in US and China, Risks From Tariffs
Hugo Boss Warns of Weaker Demand in US and China, Risks From Tariffs Hugo Boss, the renowned fashion house, has recently issued a cautionary statement regarding a potential dip in consumer demand in key markets such as the United States and China. The company, known for its high-end apparel and accessories, highlighted concerns about the […]