Jonathan Wong
The Latest
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The Shifting Sands of US Streaming: Inflation, Competition, and the Quest for Survival
the US streaming market is undergoing a seismic shift. the US streaming market is undergoing a seismic shift. -
The $107 Billion Slip: Analyzing Apple's Worst Daily Decline and Future Prospects
Apple Inc. commenced 2024 with a tremor felt across the financial world as its shares fell by 3.58% to $185.64/ADS, erasing approximately $107 billion (or 7,660 billion RMB) from its market value. Apple Inc. commenced 2024 with a tremor felt across the financial world as its shares fell by 3.58% to $185.64/ADS, erasing approximately $107 billion (or 7,660 billion RMB) from its market value. -
Musk's X Plummets in Value: Navigating a 71% Drop and Advertiser Exodus
Since Elon Musk's acquisition over a year ago, X (formerly Twitter) has seen deteriorating relations with advertisers and a significant 71% decrease in valuation. Since Elon Musk's acquisition over a year ago, X (formerly Twitter) has seen deteriorating relations with advertisers and a significant 71% decrease in valuation. -
Intel's New Plant Underscores Resilience of Israeli Tech Amid Conflict
Despite being in a state of war, Israel's tech industry continues to draw foreign investment. Despite being in a state of war, Israel's tech industry continues to draw foreign investment. -
Apple Loses Lawsuit: Ban on Latest Apple Watches in the U.S. Remains
tech giant Apple has failed to overturn the U.S. ban on its latest Apple Watch models. In October, the U.S. International Trade Commission (ITC) ruled that the blood oxygen monitoring technology in Apple's latest smartwatches infringed on patents held by health technology company Masimo. tech giant Apple has failed to overturn the U.S. ban on its latest Apple Watch models. In October, the U.S. International Trade Commission (ITC) ruled that the blood oxygen monitoring technology in Apple's latest smartwatches infringed on patents held by health technology company Masimo. -
Hapag-Lloyd Navigates Around Risk: Chooses Cape of Good Hope Over Red Sea Amid Security Concerns
Global shipping behemoth Hapag-Lloyd has announced its decision to continue circumnavigating the Cape of Good Hope instead of passing through the Red Sea, citing ongoing security issues despite the presence of a newly formed joint task force aimed at protecting vessels from attacks by Yemeni Houthi insurgents. Global shipping behemoth Hapag-Lloyd has announced its decision to continue circumnavigating the Cape of Good Hope instead of passing through the Red Sea, citing ongoing security issues despite the presence of a newly formed joint task force aimed at protecting vessels from attacks by Yemeni Houthi insurgents. -
Binance's CZ Ends 2023 with a Financial Surge Amidst Legal Storms
Changpeng Zhao (CZ), the founder and former CEO of Binance, has paradoxically seen his fortune soar by nearly $25 billion as 2023 draws to a close. Changpeng Zhao (CZ), the founder and former CEO of Binance, has paradoxically seen his fortune soar by nearly $25 billion as 2023 draws to a close. -
Amazon to Fully Venture into Online Car Sales Next Year, Starting with Hyundai
In a strategic move to maintain its dominance in the e-commerce sector, Amazon is set to place its next bet on car sales. Reports indicate that Amazon and Hyundai Motor Company have recently agreed to initiate an online car-selling service, with sales of Hyundai cars on Amazon's website starting next year. In a strategic move to maintain its dominance in the e-commerce sector, Amazon is set to place its next bet on car sales. Reports indicate that Amazon and Hyundai Motor Company have recently agreed to initiate an online car-selling service, with sales of Hyundai cars on Amazon's website starting next year. -
Toyota's Daihatsu Temporarily Halts Production Amid Fabrication Scandal, Plans Compensation for 423 Suppliers
Following a series of safety scandals, Daihatsu Motor Co., Ltd., a wholly-owned subsidiary of Toyota Motor Corporation specializing in the production of mini-vehicles, announced on the 25th that it would compensate 423 domestic suppliers with whom it has direct business relationships. Following a series of safety scandals, Daihatsu Motor Co., Ltd., a wholly-owned subsidiary of Toyota Motor Corporation specializing in the production of mini-vehicles, announced on the 25th that it would compensate 423 domestic suppliers with whom it has direct business relationships. -
Elon Musk Tops the List as the Richest Gainer of 2023, Rebounding from Last Year's Losses
Elon Musk's 2023 can be aptly described as striking gold daily. According to a recent Forbes list titled "2023's Biggest Billionaire Gainers," Musk has emerged as the billionaire whose wealth has increased the most this year. As of December 15, 2023, Musk's fortune surged by an astonishing $108.4 billion, averaging over $300 million per day. Elon Musk's 2023 can be aptly described as striking gold daily. According to a recent Forbes list titled "2023's Biggest Billionaire Gainers," Musk has emerged as the billionaire whose wealth has increased the most this year. As of December 15, 2023, Musk's fortune surged by an astonishing $108.4 billion, averaging over $300 million per day.