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INDUSTRY LATEST STORY

Apple's $1 Billion Bet on a Car It Never Built

Apple Inc. invested nearly $1 billion annually over the past decade in a quest to develop a revolutionary self-driving car, only to announce its decision to abandon the project. The ambitious venture, known internally as Project Titan, faced numerous challenges and changes in direction, ultimately culminating in its discontinuation.The project's origins can be traced back to Steve Jobs, who envisioned Apple expanding into the automotive...

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INDUSTRY

Blue Origin's New Glenn Rocket Prepares for Liftoff

Blue Origin's New Glenn rocket is a beacon of ambition, embodying Jeff Bezos's space dreams as it prepares for its inaugural flight later this year. While Blue Origin's 24-year journey has been marked by modest achievements, such as the suborbital New Shepard vehicle, the imminent launch of New...

INDUSTRY

Evergrande's Collapse: A Threat to China's Economy?

Evergrande Group, established in 1996, rose swiftly to become a Fortune Global 500 company by 2016, expanding into various industries beyond real estate. However, its aggressive borrowing practices led to significant debt, exceeding $335 billion in 2022. The company's financial troubles escalated...

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