Texas Instruments Profit Beats Expectations as China Automotive Chip Market Rebounds
Texas Instruments (TI) has reported a better-than-expected profit, suggesting a potential rebound in China’s automotive chip market, even as industrial weakness continues to affect the company’s overall performance. The analog…
Italy’s Top Bank Hit by Data Breach, Security Committee Steps In
Italy’s parliamentary security committee, COPASIR, is set to examine data storage practices in the wake of a major data breach at the country’s largest bank, Intesa Sanpaolo. The breach, which…
TSMC Alerts US After Huawei Product Found Containing Its Chip
Taiwan Semiconductor Manufacturing Company (TSMC) has informed the U.S. government that one of its chips was found in a Huawei product, potentially violating U.S. export restrictions on the Chinese company.…
Arm Holdings Ends Qualcomm Chip Design License After Dispute
Arm Holdings Plc is set to terminate its architectural license agreement with Qualcomm Inc, which has previously allowed Qualcomm to use Arm’s intellectual property to design its own chips, according…
Foursquare Ends Its City Guide App as Swarm Takes Center Stage
Foursquare is set to discontinue its flagship city guide app by December 15, marking a major shift for one of the App Store’s early success stories. The company announced that…
AI Tool from GE HealthCare Simplifies Data Analysis for Cancer Diagnosis
GE HealthCare has introduced a new artificial intelligence tool, CareIntellect for Oncology, designed to assist oncologists in diagnosing and treating cancer more efficiently. This AI application aims to streamline doctors’…
Indian Startup Neysa Secures $30 Million to Expand AI Services
Neysa, an Indian AI startup, has raised $30 million in an all-equity Series A round as it seeks to position itself against global hyperscalers like AWS, Google Cloud Platform, and…
AI investment in China faces looming US restrictions
The U.S. is set to implement new restrictions on investments in artificial intelligence (AI) in China, with final rules currently under review by the Office of Management and Budget, signaling…
South Korea’s New Drone Serves as a Flying Shopping Cart
South Korean researchers have unveiled a new drone prototype that functions as a “flying shopping cart,” designed to transport goods over uneven terrain. Developed by a team from the Seoul…
Qualcomm Brings AI Power to Mobile Chips with New Snapdragon 8 Elite
Qualcomm announced on Monday that it is integrating technology initially developed for its laptop chips into its mobile phone processors, with the goal of enhancing their capabilities for generative AI…
DJI Sues US Defense Department to Remove Chinese Military Label
DJI, the world’s largest drone manufacturer, is escalating its legal battle against the U.S. Department of Defense (DoD) to remove its designation as a “Chinese Military Company.” DJI argues that…
Fuji Soft Backs KKR’s Initial Offer as Bain Presents Higher Proposal
The board of Japan’s Fuji Soft (9749.T) is continuing to back the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, despite receiving a higher counter-offer…
Apple’s iPhone Sales in China Climb 20% in First Three Weeks
Apple’s new iPhone sales in China surged 20% in the first three weeks following their launch, according to data from research firm Counterpoint. This growth compares to the 2023 model’s…
Nvidia, Google, and Microsoft Showcase AI Solutions for Health-Care Workers
Nvidia, Google, Microsoft, and a host of other tech companies are heading to Las Vegas to showcase their AI-powered health-care tools, aimed at reducing the administrative burden on doctors and…
Samsung delays ASML chip equipment deliveries for new Texas factory, sources reveal
Samsung Electronics has delayed receiving deliveries of ASML’s chipmaking equipment for its new $17 billion factory in Taylor, Texas, as it faces challenges securing major customers for the project, according…
Whole Foods embraces automation as Amazon partners with Fulfil
Amazon is integrating technology from Fulfil, a Khosla Ventures-backed startup, into its Whole Foods stores as part of its push for increased automation in its grocery operations. The retail giant…
Super Nintendo World in Orlando Set to Open May 2025
Super Nintendo World is set to open at Universal Orlando Resort on May 22, 2025. This will be the third Nintendo theme park globally, following locations in Los Angeles and…
Autonomous Driving Company Pony AI Targets US IPO with Strong Backing from Toyota
Pony AI, a Chinese autonomous driving firm backed by Toyota, has filed for an initial public offering (IPO) in the United States. This marks another indication of rising investor interest…
Nvidia stock sets new record, surpasses June milestone
Nvidia’s stock surged to a new record on Thursday as investors reignited interest in artificial intelligence, marking a significant gain after a brief summer slowdown. The stock climbed more than…
Horizon Robotics Aims to Raise $696 Million in Largest Hong Kong IPO of 2024
Horizon Robotics, a Chinese autonomous driving firm, plans to raise up to $696 million in its upcoming Hong Kong initial public offering (IPO), marking the city’s largest listing of 2024.…