Apple Inc. has made a significant move in response to European Union antitrust demands by agreeing to allow music-streaming apps on its App Store to inform users of alternative payment options. This decision comes after the tech giant was fined €1.8 billion by Brussels regulators for allegedly engaging in...
Read moreSamsung Electronics Co. is set to lead the global rally in semiconductor stocks, driven by newfound optimism surrounding its artificial intelligence strategy. The company, which has lagged behind competitors in recent years, is now poised for a comeback due to the increasing demand for NAND memory, where the company...
Read moreIn a strategic move to diversify its product offerings, Apple Inc. has delved into the realm of personal robotics, signaling a potential shift towards innovative home technology solutions. Sources familiar with the matter reveal that Apple's dedicated teams are exploring the development of mobile robots that can autonomously follow...
Read moreIn a challenging landscape for electric vehicle manufacturers, Tesla Inc. is experiencing a significant drop in market share in China, the world's largest automotive market. The company's struggles in China are part of a broader global slowdown in EV demand, leading to Tesla's largest quarterly sales miss to date....
Read moreFormer President Donald Trump has successfully paid a $175 million bond in order to prevent the seizure of his assets, as he appeals a massive civil fraud verdict imposed on him earlier this year. The bond was posted with a Manhattan appeals court on Monday, ensuring that the state...
Read moreThe global wealth held by the top 1% has reached an all-time high of $44 trillion, fueled by the booming stock market, according to economists. The surge in money is attributed to the rise in stock prices, which has given an added boost to consumer spending through what economists...
Read moreMeta, the parent company of Facebook, has revealed plans to introduce new AI features to its smart glasses product, Ray Ban Stories. The company initially developed these smart glasses in collaboration with Ray Ban, offering users a stylish and innovative way to interact with augmented reality technology. The addition...
Read moreIn a significant development within the technology industry, Huawei Technologies Co. has maintained its momentum of robust quarterly profit growth, further solidifying its position against global giants Apple Inc. and Alibaba Group Holding Ltd. The Chinese networking and electronics leader reported a remarkable net profit of approximately 13.9 billion...
Read moreCohere, the artificial intelligence startup, is on the brink of securing a significant round of funding that would propel its valuation to an impressive $5 billion. The company, known for its cutting-edge AI technologies, is currently in advanced discussions with potential investors to raise a substantial sum of $500...
Read moreIn a recent analysis conducted by the Institute for Public Policy Research (IPPR), it has been revealed that up to eight million workers in the United Kingdom are at risk of losing their jobs to artificial intelligence (AI) if current government policies remain unchanged. The report, published on Wednesday,...
Read more
