US awards Samsung $6.4 billion in grants to boost Texas chip output
In a significant move to bolster U.S. chip manufacturing, the Biden administration has announced a groundbreaking $6.4 billion grant for South Korea's tech giant Samsung. This funding, provided through the 2022 Chips and Science Act, aims to support Samsung's expansion of chip production facilities in central Texas. The Department...
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Apple Agrees to EU Antitrust Demand in Fight on App Payment
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...
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AI Technology Shift to Help Drive Samsung’s Comeback
Samsung 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...
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Apple Explores Home Robotics as Potential ‘Next Big Thing’ After Car Fizzles
In 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...
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Meta to Add AI Features to Ray Ban Stories Smart Glasses Next Month
Meta, 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...
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