Intel Drops Out of Top 10 Semiconductor Companies, Faces $16.6B Quarterly Loss
Intel CEO Lip-Bu Tan publicly acknowledged in a recent internal meeting that the company has fallen out of the global top 10 semiconductor firms due to years of strategic missteps, revealing a staggering $16.6 billion loss in Q3 2024 . This marks the worst quarterly performance in Intel’s 57-year history, driven by $15.9 billion in accelerated depreciation costs tied to underperforming Intel 7 manufacturing assets and Mobileye’s goodwill impairment . To reverse its fortunes, the board approved a new strategy centered on edge AI and agent AI, coupled with global layoffs and business restructuri
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EU May Withdraw Digital Tax Plan, Easing Pressure on U.S. Tech Giants
Foreign media reported on July 15 that the European Commission has formally withdrawn its plan to impose a digital tax on major tech companies during the latest budget negotiations. The decision is seen as a key compromise in EU-U.S. trade talks, temporarily relieving U.S. tech giants like Apple and Meta from heavy tax pressures, while the EU paves the way for broader trade agreements by adjusting its fiscal strategy.
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Netflix Debuts Generative AI Visual Effects in Argentine Series "The Eternals"
Netflix has revealed that it employed generative AI tools to create a building collapse sequence in the Argentine sci-fi series "The Eternals," which premiered on April 30, 2025. This marks the first time the streaming giant has used a generative AI-generated final shot in its original content, according to co-CEO Ted Sarandos.
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NVIDIA Becomes First Company to Hit $4 Trillion Market Cap Amid AI Boom
During the early trading session on July 9, NVIDIA's stock surged nearly 2.8% to $164.42 (approximately ¥1,178.58), briefly pushing its total market capitalization beyond $4 trillion. This milestone makes NVIDIA the first company globally to achieve this feat. Currently, only three companies exceed $3 trillion in valuation: Microsoft ranks second at $3.75 trillion, followed by Apple at $3.14 trillion
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DCSA Unveils 2025-2030 IT Strategy to Strengthen Defense Digital Ecosystem
The Defense Counterintelligence and Security Agency (DCSA) on July 9 released its 2025-2030 IT Strategic Plan, outlining six core objectives to modernize defense cybersecurity, enhance data-driven decision-making, and foster collaboration with industry and academia. The initiative aims to create a secure digital ecosystem aligned with the Pentagon’s broader digital transformation goals, particularly supporting the Department of Defense’s (DoD) Chief Digital and AI Office (CDAO) in advancing AI integration and governance .
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U.S. Department of Defense Becomes Largest Shareholder of MP Materials, Accelerating Domestic Rare Earth Supply Chain
The U.S. Department of Defense (DoD) has taken a historic step by acquiring a 15% stake in MP Materials through a $400 million preferred stock purchase, making it the largest shareholder of the U.S.-based rare earth producer . This move aims to address critical national security vulnerabilities by reducing reliance on foreign (particularly Chinese) rare earth supplies, which are essential for advanced military systems, electric vehicles, and renewable energy technologies.
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Nintendo Expands Switch Online Playtest Program to 40,000 Users, Teasing New Online Service for Switch and Switch 2
Nintendo has announced the second iteration of its Switch Online Playtest Program, opening applications on July 18th to 40,000 Switch Online + Expansion Pack members for a closed beta of an unannounced online service. This marks a significant expansion from the 10,000 participants in the 2024 trial, quadrupling the user base to gather broader feedback ahead of a potential full launch. The test will run from July 29th to August 11th, 2025, and supports both the current Nintendo Switch and the upcoming Switch 2, signaling strategic alignment with the next-gen console’s launch plans .
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StackSocial Offers Windows 11 Pro Lifetime License for $9.97 Ahead of Windows 10 Support End
Online marketplace StackSocial is currently running a limited-time promotion, offering lifetime license keys for Microsoft Windows 11 Pro at a heavily discounted price of $9.97—down from the original $199. The deal is set to expire on July 20 at 11:59 PM Pacific Time, making it a time-sensitive opportunity for users looking to upgrade their operating systems.
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Twitch to Exit Russian Market Amid Regulatory Pressures, Facing $800,000 in Fines
Amazon-owned live streaming platform Twitch is planning a full withdrawal from the Russian market, citing concerns over economic viability and mounting regulatory pressures, according to recent reports.
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Brazilian Retail Rebounds in May: Street Commerce Drives Recovery, Holidays and Climate Play Pivotal Roles
SAO PAULO, Brazil, June 25 (News Wire) – Brazil's retail sector staged a recovery in May, with foot traffic at physical stores rising 1.86% year-on-year, marking a significant turnaround from April's 3.99% decline. This rebound was primarily fueled by a robust 3.8% surge in street commerce, according to Seed Digital's Retail Purchase Intent Index (IICV Seed).
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Russian Online Pharmaceutical Sales Surge 35.7% in Q1 2025, Driven by Cold Remedies and Smoking Cessation Products
Online pharmaceutical sales in Russia soared by 35.7% year-on-year in the first quarter of 2025, reaching 139.5 billion rubles, triple the average growth rate of the sector. This marked the first time online drug sales accounted for over 1.15% of the total pharmaceutical market share.
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South Korea's Retail Market Rebounds in May: Double-Digit Online Growth, Luxury Goods Drive First Offline Rise in Four Months
South Korea's retail sector showed signs of recovery in May, with offline sales returning to growth after a four-month slump, driven by strong demand for high-value products, data from the Ministry of Trade, Industry and Energy revealed on Wednesday.
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Global Toy Market to Hit $446B by 2032, Fueled by Tech & Shifting Trends
The global toy market is poised for steady growth, projected to rise from $316.14 billion in 2024 to $445.97 billion by 2032, at a compound annual growth rate (CAGR) of 4.33%, according to latest insights.
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Niron Magnetics Revolutionizes Magnet Technology with Rare-Earth-Free Breakthrough
Minneapolis, July 23, 2025 – Minneapolis-based Niron Magnetics has unveiled a groundbreaking rare-earth-free permanent magnet technology, poised to reshape the global materials landscape. The innovation, utilizing iron-nitrogen composites, matches the performance of conventional neodymium-iron-boron (NdFeB) magnets while eliminating supply chain risks associated with rare earths and reducing production costs.
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G20 Pledges Strengthened International Policy Cooperation
G20 finance ministers and central bank governors have issued a joint communiqué, committing to enhance international policy cooperation and sending a signal in support of multilateralism. They emphasized the need to end global trade conflicts soon and called on the U.S. and Europe to reach a fair agreement on tariffs.
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