Technology

May 12, 2025
Technology, Stocks

Asia’s Tech Titans Lead $150B Rally: TSMC and Samsung Defy Global Chip Sector Weakness

Asian technology stocks staged an impressive $150 billion recovery Monday, led by semiconductor giants TSMC (+3.2%) and Samsung Electronics (+2.1%), as regional chipmakers demonstrated surprising resilience amid global sector...

May 6, 2025
Technology, News

Ferrari’s ‘Tailor Made’ Program Delivers: Customization Revenue Hits €250M in Q1

Ferrari’s ultra-exclusive Tailor Made program raked in €250 million in Q1 revenue – a 30% year-over-year jump – as the world’s elite clamored for hyper-personalized vehicles featuring bespoke finishes...

May 3, 2025
Technology, News

Temu’s Warehouse Rush: Inside the $500M Scramble to Build US Fulfillment Centers

Temu has embarked on a crash program to build American fulfillment capacity, securing 3.8 million square feet of warehouse space across three key states within 72 hours of new...

May 2, 2025
Technology, News

American Airlines Bets $200M on Sliding-Door Suites to Win Back Corporate Travelers

Dallas/Fort Worth, May 2, 2025 – American Airlines is making its largest business-class investment since 2017 with a fleet-wide rollout of next-generation private suites, specifically targeting disillusioned corporate travelers...

April 30, 2025
Technology, News

Volkswagen Q1 Profit Dips 5% as Supply Chain Woes Offset EV Gains

Volkswagen’s Q1 2025 net profit fell 5% year-over-year to €3.8 billion ($4.1 billion), falling short of analyst forecasts as inflationary headwinds and persistent supply chain disruptions—including semiconductor shortages and...

April 30, 2025
Technology, News

AI and Algorithms: Inside Barclays’ Tech Transformation

Barclays’ £1.4 billion tech overhaul delivered £300 million in Q1 cost savings, as AI systems now handle 43% of customer service interactions and algorithms approve 68% of loans. Tech...

April 29, 2025
Technology, News

Battery Breakthroughs Power Volvo’s Profit Surge

Volvo’s industry-leading 21.3% gross margins trace directly to its battery innovations—from cobalt-free chemistry to vertical integration—that slashed EV production costs by €2,400 per vehicle in Q1. Technology Breakdown: Supply...

April 29, 2025
Technology, News

Digital Banking Boom: How Deutsche Won 19M Mobile Users

Deutsche Bank’s retail division added 4.5 million digital users in Q1 – surpassing all European rivals – as its “Bank of the Future” initiative pays off. Platform Growth Tech...

April 28, 2025
Technology, News

From Takeout to Takeover: How Pandemic Habits Fueled Delivery App Consolidation

The DoorDash-Deliveroo deal culminates a five-year consolidation wave that saw 83 food delivery mergers since COVID – a trend fueled by permanent changes in consumer behavior: Pandemic Legacy Data:...

April 24, 2025
Technology, News

China’s Car Market Shakeup: How Domestic EVs Are Beating Porsche at Its Own Game

China’s automotive revolution has reached a tipping point, with homegrown electric vehicle (EV) manufacturers now outperforming even premium foreign brands like Porsche in their traditional strongholds: performance, luxury, and...