Tech News Flash: Intel, Amazon, and Apple Make Headlines
This week’s top stories in the tech sector cover a range of developments, from potential shakeups in the chip industry to new product releases and acquisitions.
Intel Faces Potential Split
Chip giant Intel might get broken up by its rivals. This follows business struggles in the face of competition in artificial intelligence chips. Intel announced layoffs and cut spending in an effort to reduce costs.
Amazon Takes Creative Control of James Bond
Amazon now has creative control over the James Bond movie franchise. Amazon MGM Studios formed a joint venture with Bond film producers Michael G. Wilson and Barbara Broccoli. Amazon’s acquisition gives it control over future Bond films.
Apple Releases New Affordable iPhone
Apple has released a more affordable version of its iPhone, the iPhone 16e. It is speculated to have the same A18 chip as the iPhone 16, a full-screen OLED display, and Apple Intelligence capabilities, while omitting a home button and using Face ID.
Elon Musk’s X Valuation
Elon Musk’s X is reportedly looking at a new financing round that would put the company’s value at $44 billion, the same price Musk paid for the company formerly known as Twitter in 2022.
Microsoft’s Quantum Leap
Microsoft is experimenting with new states of matter to advance quantum computing.
Apple’s New Competition
Huawei’s Mate XT Ultimate, a trifold phone, is now available outside of China. This is a strategic move to enter new markets.
Asteroid Alert (No Panic)
There’s a small chance of an asteroid hitting Earth in 2032, but there’s no need to start building a bunker just yet.
