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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Tech Giants Google, Microsoft, OpenAI Expand AI Interfaces for Search and Learning
Leading technology companies are rapidly advancing visual and conversational interfaces, integrating generative AI into everyday tools to enhance search and learning experiences. This wave of innovation highlights the industry’s push to make artificial intelligence more accessible and intuitive for global users.
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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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Amazon Expands Same-Day and Next-Day Delivery to Over 4,000 U.S. Towns and Rural Areas
On June 24th, Amazon announced a major expansion of its rapid delivery services to more rural regions across the United States, marking a significant step in its efforts to bridge the urban-rural logistics gap. The e-commerce giant revealed plans to offer same-day or next-day delivery to over 4,000 small cities, towns, and rural communities by the end of 2025, bringing faster shipping options to areas that have long faced slower delivery timelines compared to urban centers.
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