Samsung and ASML Unveil $760 Million Investment for Cutting-Edge Chip Plant in South Korea
Dutch chip equipment manufacturer ASML and tech giant Samsung Electronics have committed a formidable 1 trillion South Korean won ($760 million) investment to construct an advanced semiconductor manufacturing plant in South Korea.
The strategic announcement unfolded...
Google is launching Gemini, its most powerful AI model yet
Google has officially rolled out Gemini, its largest and most advanced generative artificial intelligence model, contrary to recent rumors of delays. Gemini boasts unprecedented multimodal reasoning capabilities and versatility, tailored for three distinct use cases: Ultra,...
Elon Musk Unveils Tesla Cybertruck to Eager Customers; Base Model Priced at $60,990, Available in 2025
Elon Musk personally handed over the first Tesla Cybertruck units to select customers, including Reddit co-founder Alexis Ohanian and venture capital fund founder Philippe Sarofim. The grand delivery broadcast, typical of Tesla’s flamboyant style, lasted around 30...
European smartphone market drops 11%: only Honor shows growth
The European smartphone market experienced an 11% contraction in the third quarter of 2023, marking the steepest decline since 2011, as per Counterpoint Research. Realme took the hardest hit, while Apple weathered the storm, edging past Xiaomi, and the resilient Honor...
Twitter Faces $75 Million Ad Revenue Plunge Amidst Suspension Woes – Internal Docs Expose Struggle
Internal documents obtained by The New York Times unveil Twitter’s dire financial straits, projecting a staggering $75 million loss in advertising revenue by year-end. Over 200 ad campaigns, featuring major players like Airbnb, Amazon, Coca-Cola, and Microsoft, have...
Historic Accord: 18 Nations Unite to Safeguard AI Security in Landmark Agreement
The United States, the United Kingdom, and a coalition of 18 countries have collaboratively crafted the inaugural international agreement aimed at fortifying the security of artificial intelligence (AI) technology. The accord, outlined in a comprehensive 20-page document,...
Samsung-Owned Harman Expands Sonic Portfolio with Acquisition of Roon Audio Platform
Harman, a company under the Samsung umbrella, has announced the acquisition of the Roon audio platform. Recognized for its ability to synchronize music playback across diverse devices in multiple rooms, regardless of brand, Roon has carved a niche in the audio technology...
iRobot shares fall 17% as there is an EU warning of antitrust violations
iRobot, recognized for its Roomba vacuum cleaner, witnessed a significant 17% drop in shares following a stern warning from the European Union’s antitrust regulator regarding Amazon’s proposed $1.7 billion acquisition. The European Commission, investigating the...
SpaceX unveiled a thinner Starlink terminal with no engine and a larger field of view
SpaceX reveals the third-generation Starlink terminal, signaling a technological leap with a slimmer design, sans the motor for position adjustment, now featuring a practical stand. Initially, this advanced terminal will be accessible to a limited group of buyers in the...
Apple Embraces Interoperability: RCS Messaging to Bridge the Gap Between iPhone and Android Users in 2024
Apple has officially declared its adoption of the Rich Communication Services (RCS) messaging standard, signaling a new era of cross-platform communication between iPhone and Android users. Set to be introduced through a software update in the coming year, this decision is...