Intel Aims for $1 Billion in Software Sales by 2027
Chief Technology Officer Greg Lavender told Reuters that Intel’s software push is doing well and might generate $1 billion by 2027 Intel…
Australia to Enact Anti-Scam Law Targeting Internet Giants
By the end of the year, Australia will require internet businesses to stop hosting frauds or risk steep fines, the top consumer regulator…
WhatsApp: Businesses Can Send Auth Codes to Indian Users
WhatsApp now allows businesses to send authentication and login codes to Indian users via its API, since July 1 Last year, Meta enabled…
MicroStrategy Plans to Boost Accessibility
MicroStrategy has announced a 10-for-1 stock split to improve the accessibility of its stock to employees and investors The board of directors…
Sibanye Suffers Cyberattack; Mining Unaffected
Sibanye Stillwater said Thursday that a cyberattack on its IT system since Monday morning had limited impact on its global operations, but its…
Hedge Funds Eye South Korea for AI Boom
Hedge funds looking for artificial intelligence-related stock market bargains are buying South Korean chipmakers, depending on a new wave of…
Funding For Space Startups Rebounds
British investment firm Seraphim Space reported $2.41 billion in global investments in space startups from April to June, a third straight…
Manufacturers Delay Gen AI Rollout Over Accuracy Concerns
According to Lucidworks’ Wednesday survey, manufacturers are deploying Generative AI initiatives slower than expected due to accuracy…
Samsung Boosts AI in Phones, Health in Wearables
Wednesday saw Samsung Electronics introduce its latest foldable smartphones, making its flagship model lighter and smaller and adding AI…
Alstom Secures $3B Metro Trains Supply Contract in Hamburg
Alstom secures a 2.8 billion euro ($3.0 billion) contract to deliver 374 metro trains and rail technology for Hamburg’s Hochbahn,…
BYD, China’s Tesla rival, Signs $1B Turkey Plant Deal
BYD, China’s largest electric vehicle manufacturer, has finalized a $1 billion agreement to establish a manufacturing facility in…
Amazon Unveils New $79 Echo Spot Alarm Clock
Amazon has introduced a new $79 Echo Spot alarm clock with upgraded display and enhanced audio quality, marking the first update to the device…
Dassault Systemes Lowers 2024 Earnings Forecast Due to Order Delays
On Tuesday, Dassault Systemes, a French software company, reduced its full-year earnings forecast, causing a decline in its stock price The…
Nala Raises $40M to Build B2B Payments Platform, Expand Remit
Nala, a remittance startup broadening its portfolio with a new B2B payments platform, has secured $40 million in equity, marking one of the…
Policy Backs $7B Award in Musk Pay Case
A shareholder’s attorney told a Delaware judge that $7 billion in fees for challenging Musk’s $56 billion Tesla pay package…
Samsung Electronics Wins AI Chip Order From Preferred Networks
Preferred Networks, a Japanese AI business, ordered Samsung Electronics’ 2-nanometre foundry process and advanced chip packaging service…
Delivery Hero Shares Fall on Potential EU Antitrust Fine
Delivery Hero shares tumbled 11% in early trading on Monday after the German online food takeaway service announced it may be fined over 400…
Apple Approves Epic Games Marketplace App in Europe
After the “Fortnite” developer escalated its fight with Apple, and accused it of delaying its efforts to set up a games store on…
Binance Celebrates 7th Anniversary with 200M Users, New Campaign
Binance, the world’s largest cryptocurrency exchange, has celebrated its seventh anniversary, highlighting the ongoing maturation of the…
Samsung Shares Hit 3-year High on Strong AI Demand
Samsung’s stock rose 2.24% to 86,500 won on Friday after a Q2 profit forecast of 10.4 trillion won, surpassing estimates due to high…