Tag: Technology

Wiz has decided to walk away from a massive $23 billion deal with Google, which would have been Google's largest acquisition to date. The company's co-founder, Assaf Rappaport, explained in a memo to employees...

Shares of Tesla dropped by 3.6% after the company announced that it is postponing its robotaxi event from August to October. The stock had been on a 13-day winning streak but this news put...

ESCO Technologies, listed on the NYSE as ESE, is a company that specializes in providing filtration, fluid control products, and integrated propulsion systems for various markets such as aviation, navy, space, and industrial sectors....

Microsoft has decided to step down from its observer seat on the OpenAI board due to regulatory reviews surrounding generative artificial intelligence in Europe and the U.S. This decision was communicated to OpenAI by...

Last-mile delivery has become a crucial aspect of the business world, especially in the current post-pandemic environment. Companies like DoorDash and Uber are heavily investing in expanding their infrastructure to meet the growing demand...

Samsung Electronics announced an impressive increase in its second-quarter operating profit, with estimates showing a more than 15-fold rise compared to the same period last year. The company reported an operating profit of 10.4...

Qualcomm, a semiconductor company, has been making waves in the news recently due to updates on Huawei and Samsung. Despite facing some challenges, Qualcomm remains a promising long-term investment option at its current valuation....

Micron Technology, a leading manufacturer of computer memory and storage, experienced a 7% drop in its stock price during extended trading hours, despite posting better-than-expected results. The focus of investors shifted to the revenue...

Apple CEO Tim Cook is urging the tech industry to come together and fight against the spread of fake news on the internet. In a recent interview with The Daily Telegraph, Cook emphasized the...

Uber's main competition in India, Ola Cabs, has some advice for the U.S. startup - get local. Pranay Jivrajka, a top executive at Ola Cabs, mentioned at CNN's Asia Business Forum in Bangalore that...

Tandem Diabetes Care, Inc. presented new insights from a survey on Tandem Mobi user satisfaction and wearability at the 84th Scientific Sessions of the American Diabetes Association (ADA) in Orlando, Florida. The survey revealed...

Autodesk, a company specializing in 3D design, engineering, and entertainment technology solutions, is currently facing a legal battle with activist investor Starboard Value. Starboard, known for its successful activism in the information technology sector,...

Investors in the tech sector have been riding the wave of momentum, particularly with the rise of AI and Nvidia. The iShares U.S. Technology ETF (NYSEARCA:IYW) is a popular choice for those looking to...

Cathie Wood, the CEO of ARK Investment Management LLC, recently announced that her ARK Venture Fund has made an investment in Elon Musk's startup xAI. This move further solidifies Wood's commitment to artificial intelligence...

Tech investors are turning their attention to Nvidia, causing a major technology exchange-traded fund to shift billions of dollars into the chip giant's shares while reducing its holdings in Apple. The Technology Select Sector...

Elon Musk recently expressed his concerns about the use of electronic voting machines in elections, citing the risk of potential hacking by humans or artificial intelligence. This comes in response to reports that Puerto...

Apple has recently made a move that suggests the next iPhone may come with wireless charging capabilities. The tech giant has joined the Wireless Power Consortium, a group focused on promoting a single wireless...

Apple made a big announcement about its artificial intelligence strategy recently, and investors are excited. The company's stock price has reached an all-time high, which is a big turnaround from earlier this year. This...

Steve Jobs, the co-founder of Apple, learned an important lesson from his father, Paul, about the importance of attention to detail. Paul taught Steve how to build a fence around their home in Mountain...

Textron Aviation has successfully completed the maiden flight of the first certification-conforming production airframe of the Cessna Citation Ascend. The flight, which lasted 1 hour and 24 minutes, reached an altitude of 13,500 feet...

The Middle East region is experiencing a surge in startup activity, with entrepreneurs securing funding across various sectors. Investment pools have been established, with Qatari and Emirati venture capitals looking to boost the ecosystem...

StubHub, a popular ticket seller, has reported earnings of $350 million in EBITDA for the year ending in March, exceeding expectations as the company gears up for a potential initial public offering (IPO) in...

Zeta Labs, a startup founded by former Meta engineers Fryderyk Wiatrowski and Peter Albert, has introduced Jace, an AI agent powered by LLM technology. This AI agent can perform tasks in the browser without...

Honda is showcasing its commitment to electric vehicles with the unveiling of the All-New, All-Electric Honda Prologue at the 2023 Los Angeles Auto Show. This move comes as the auto industry shifts away from...

Polkadot Blockchain Academy recently launched its fifth cohort in Singapore, focusing on nurturing developer talent with 184 lecture hours and 18 experienced instructors. The initiative aims to provide a comprehensive learning experience for participants,...

Dell has recently announced a permanent price cut of $200 on their XPS 14 and XPS 16 laptops. This decision comes after feedback from customers and reviewers regarding the high prices of these models...

The MICE industry, which encompasses Meetings, Incentives, Conferences, and Exhibitions/Events, plays a crucial role in elevating brands and driving economic growth. By providing platforms for networking, showcasing products, and engaging with industry players, MICE...

2024 Honda CR-V: The Ultimate Buyer's GuideThe Honda CR-V has been a popular choice for drivers looking for a reliable and fuel-efficient SUV for over two decades. With its combination of capability and reliability,...

French Tech Struggling to Increase RevenueIs the French tech industry in need of saving? On May 23rd, Pierre Pelouzet, Mediator of Enterprises, presented the report of the Observatory of relations between large companies and...

Huawei Philippines launches AI-optimized storage solutionsHUAWEI Philippines launched its artificial intelligence-optimized storage solutions during the celebration of the Huawei IT Day held at Shangri-La, The Fort, on May 23. Themed "Unleash Data Power Towards...

Unity needed to win the cyber wars, say tech titansThe world faces an unprecedented level of cybersecurity threats, making it crucial for all organisations involved in cyberdefence to work together to thwart the attacks,...

Crypto Scammers Exploiting AI Deepfakes and ChatGPT-Related Keywords to Deceive Victims: ReportA recent report by the blockchain analytics platform Elliptic has shed light on the alarming trend of crypto scammers leveraging artificial intelligence (AI)...

Writers Accept Lower Pay When They Use AI to Help with Their WorkIn a recent study, it has been found that writers are willing to accept a 28% decrease in pay when utilizing AI...

With “innovationism” as its new philosophy, Trip.com Group comes roaring back - WiTTrip.com Group has made a powerful comeback, showcasing its ambitious goals and renewed vigor at the Envision 2024 Global Partner Conference in...

Climate change costs are much higher than previously thought, new study revealsSure, climate change might end life on earth as we know it. But when it comes to fixing it, it’s just too expensive,...