Folkbytes Insights

Xiaomi unveils the SU7 Ultra, a 1,548-horsepower, four-door electric hypercar just under $30k. - Folkbytes Xiaomi, known for its smartphones, has ventured into electric cars with the SU7. Now, they’ve unveiled a high-performance version, the SU7 Ultra, aiming to be the fastest 4-door car globally, whether gas or electric. The SU7, priced attractively at 215,900 RMB (under $30k USD) for the 299hp base m...

Apple's advanced technology boosts its market cap above Microsoft's, making it the most valuable company once more. - Folkbytes   Apple’s recent focus on ‘Apple Intelligence’ has not only propelled it back to the top as the world’s most valuable company by market cap, surpassing Microsoft, but also marked a historic achievement by becoming the first company to reach a $1 trillion brand value, according to the 2024 B...