Under the pressure in the high-end car market, Mercedes-Benz, a luxury brand known for elegance and composure, is revamping its strategy. Recent remarks reportedly made by Mathias Geisen, who is responsible for marketing and sales at the German automaker, have been seen as the company’s intent to revise a policy that has heavily leaned towards the high-end market segment, returning to a pragmatic approach that also addresses the needs of the entry-level segment.

The US government announced a one-time fee of US$100,000 for new H-1B visa applicants. Industry insiders warn this could prompt companies to increase offshoring and accelerate artificial intelligence (AI) adoption amid workforce challenges.

China’s NAND flash race is intensifying, with Yangtze Memory Technologies (YMTC) pushing Xtacking 4.0 into mass production. The company has begun producing 267-layer 3D NAND TLC while preparing designs for devices exceeding 300 layers.