Google's Reign as Search Engine King Faces Unprecedented Challenge: Market Share Dips Below 90% for Three Consecutive MonthsGoogle, the long-time undisputed leader in the search engine market, saw its market share fall below 90% for three consecutive months in the final quarter of 2024 (October, November, and December), registering 89.34%, 89...

Haier Washing Machine Achieves 16 Consecutive Years as Global Sales Champion: Technological Innovation Drives Global Leadership in Laundry CareIn 2024, Haier washing machines once again topped global sales, achieving their 16th consecutive year as the world's number one brand. This achievement is not accidental but the result of Haier's deep understanding and consistent fulfillment of user needs...

Haier Smart Home Tops Global Smart Home Invention Patent TOP 100 for 12 Consecutive YearsOn January 7, 2024, the IPRdaily website published the "2024 Global Smart Home Invention Patent TOP 100" ranking, showing that Haier Smart Home secured the top spot for twelve consecutive years with 5,582 publicly disclosed patent applications. This once again confirms its leading position in the global smart home industry...

Intel Executives Accused of Mismanagement, Facing Massive Lawsuit from Shareholder LRTrustIntel Corporation is embroiled in a significant lawsuit filed by LRTrust, a major shareholder, against several executives and directors, including former CEO Pat Gelsinger and interim co-CEO and CFO David Zinsner. The lawsuit centers on allegations of mismanagement leading to the poor performance of Intel's Foundry Services (IFS) division, demanding the return of compensation and compensation for shareholder losses...

NVIDIA's Troubles in China: Antitrust Investigation and Supply Cut Rumors Shake the MarketAccording to a report in the Southern Metropolis Daily on December 13, 2024, the root of the current turmoil can be traced back to 2019. That year, NVIDIA spent nearly $7 billion to acquire all equity in Israeli chipmaker Mellanox...

SolarEdge Cuts Nearly 500 Jobs: Energy Storage Unit Closure Amidst Market ChallengesSolarEdge Technologies, a manufacturer of photovoltaic inverters, recently announced a significant strategic adjustment involving the closure of its energy storage division and the layoff of approximately 12% of its workforce, resulting in the loss of nearly 500 jobs. This move is attributed to the current challenging market environment and intensifying competition...

Former Apple Executive Joins Hi-P International Board, Bolstering Global Expansion StrategyDuco Pasmooij, a former Apple executive, joined the board of Singapore-based manufacturing services provider Hi-P International on November 11th as an independent director. He also chairs the newly established Technology, Transformation, and Sustainability Committee...

Dong Yuhui Resigns as Executive Director of "With Hui Together," Retains Board Member and Manager RolesOn November 25th, Tianyancha App showed that With Hui Together (Beijing) Technology Co., Ltd...

Airbus's Multi-Billion Dollar Outsourcing to India: A Cost-Cutting Strategy or a Global Aviation Safety Risk?China, the world's largest aviation market, is a key target for Airbus. The April 2023 mega-deal underscores this, with Airbus executives viewing China as its biggest client and possessing immense market potential...

Haier Smart Home Achieves 13 Consecutive Years of Double 11 Top Ranking: User-Centric Approach Creates a Quality LifeAs the clock struck midnight, the longest Double 11 event in history concluded. The government subsidies boosted the home appliance market during this Double 11, making the competition particularly fierce...

Bosch Group Faces Economic Challenges, Announces Over 7,000 Job CutsGerman industrial giant Bosch Group recently announced that it will not meet its economic targets in 2024 and may further adjust its workforce. This news has garnered significant attention within the industry, reflecting the immense challenges posed by the global economic downturn and the automotive industry's transformation...

Douyu: After a $50 Million Prison Dividend, Can a 96-Year-Old Female Executive Save the Game?Douyu, once the king of gaming live streaming, is now mired in a quagmire. Founder Chen Shaojie was arrested for alleged gambling and casino crimes, the company's performance continues to be sluggish, and a bizarre $50 million "prison dividend" has sparked discussions...