The huge Super Heavy and Starship launch system underwent a final “flight readiness review” this past weekend. SpaceX engineers concluded that it is now prepared to conduct its first test flight. Elon Musk, the creator of SpaceX, made the decision public on Twitter early on Sunday morning. He stated that the vehicle was simply “awaiting …
The Starship vehicle from SpaceX is ready to launch Read More »
Meta Platforms Inc, a Facebook parent company, reduced the price of certain Quest virtual reality headsets. Due to weaker demand than expected, the list includes its top-end mixed reality device. The company’s headset, the Meta Quest Pro, made an entrance last fall with corporate users in mind. Beginning March 5, the price will drop to …
Meta Platforms “going medieval” on Quest headsets Read More »
New tech solutions in customer communications are constantly popping up and disrupting old methods. Early adaptors can reap the most benefits from these, as they stand out against the grain. Be it in efficiency, intuitiveness, or simply a more natural conversation feel, direct communication apps have been developing rapidly. That’s why we’ve decided to do …
The Federal Trade Commission (FTC) has decided to end its antitrust dispute against Meta Platforms Inc.’s acquisition of virtual reality firm Within Limitless. Thus, it put an end to the agency’s investigation. Last year, the FTC filed two complaints in federal court along with its own court to prevent the purchase. US District Judge Edward …
FTC raised a white flag – Meta Platforms acquires Within Limitless Read More »
In February 2017, Cathie Wood appeared on Bloomberg Television. She argued that networks of autonomous taxis and electric vehicles will significantly upset the $10 trillion global mobility business. According to her, Tesla was championing EVs and had its sights set on robotaxis. This erroneous judgment aided in making Cathie Wood and her company, Ark Invest, …
Cathie Wood’s Tesla Robotaxi Dream is Still Alive Read More »
Saudi Arabia’s Public Investment Fund (PIF) became the biggest outside shareholder of Nintendo Co. Quite logically, this is an attempt to lower its dependency on oil. According to a filing, the sovereign wealth fund has increased its ownership stake in the legendary gaming company to 8.3%. This rate’s up from just over 6% at the …
Saudi Arabia now holds the largest stake in nintendo Read More »
Ransomware attacks against industrial organizations skyrocketed in 2022. Research shows that the number has increased by an astounding 87%. The manufacturing sector is the prime target for harmful malware. The cybersecurity firm Dragos Inc, reports that hackers preyed on mining industries based in Australia and New Zealand. Consequently, they shifted their focus to the US …
Nikola Corp is building hydrogen plants as part of a wider fueling network. The firm hopes it will underpin its attempt to participate in the burgeoning zero-emissions truck market. A handful of hydrogen producers have agreed to supply hydrogen for Nikola vehicles – a seven-year-old manufacturer, in the US and Canada. The company intends to …
Nikola Corp back on its feet with zero-emission trucks Read More »
Investors in hot global artificial intelligence-related equity are getting a reality check as the rally cools. With accuracy issues, Google’s AI chatbot demonstration, which has resulted in the company’s largest loss in more than three months, has already underwhelmed investors. Investors should not rush into speculation on stocks that may gain from such AI innovations, …
Markets obsess over all things AI, reaching China Read More »
There are increasing concerns that cheaters, spammers, and others may abuse artificial intelligence. That’s the reason OpenAI released a tool for identifying AI-produced text. Nevertheless, according to OpenAI’s so-called AI classifier, nearly three-quarters of the time, it fails to detect ai-generated text. The company launched ChatGPT in November and confirmed a multiyear, multibillion-dollar collaboration with …
As part of a broader investigation into Wall Street’s use of unofficial messaging services like WhatsApp to do business, US regulators have asked that major hedge funds examine several workers’ personal mobile phones. The Securities and Exchange Commission (SEC) is calling on Point72 Asset Management, Ken Griffin’s Citadel, and a lot of other investment firms …
In China, Apple captured the greatest quarterly market share by selling iPhones. It outran both COVID and the global economic slowdown. According to Counterpoint Research data, the Cupertino, California firm sold over 24% of all smartphones in China during the third quarter of 2022. The researchers say it was the country’s second-largest seller on an …
The wave of companies cutting workers continued on Wednesday with International Business Machines Corp (IBM). The company will cut around 3,900 jobs. According to a spokesman, the reductions will come from Kyndryl Holdings Inc., an IBM spin-off company that provides IT services and is expected to face a $300 million charge due to its healthcare …
Google workers were worried about being laid off when they saw colleagues at competitor technology companies lose their jobs in droves. Some of them couldn’t access their corporate accounts on Friday morning. Alphabet Inc. is the company’s owner. Eventually, it fired 12,000 workers or 6% of the workforce. Employees reported a smooth if unpersonalized process …
Google was unsuccessful in appealing an antitrust judgment against it in India’s Supreme Court. The court accused the firm of abusing its dominant market position for its Android mobile operating system. The country’s highest court denied Google’s request for temporary relief on Thursday. The firms’ appeals court was told to decide on the case by …
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