Samsung Electronics plans to cut global workforce by up to 30% in select divisions
Samsung Electronics is planning to reduce its global workforce by up to 30% in certain divisions, targeting overseas staff in regions like the Americas, Europe, Asia, and Africa, according to…
Portugal Maintains Ban on Chinese 5G Equipment Under New Government
The Portuguese government has announced its decision to maintain the ban on the use of Chinese equipment in 5G networks, continuing the stance set by the previous administration. Infrastructure Minister…
Sony’s PlayStation 5 Pro Set to Launch in November at $700
Sony has officially announced the PlayStation 5 Pro, priced at $700 and set to launch on November 7. The upgraded console promises up to 45% faster rendering, addressing a common…
OpenAI Said to Target $150 Billion Valuation in Latest Funding Round
OpenAI is reportedly in discussions with investors to raise $6.5 billion, valuing the company at $150 billion, according to a Bloomberg report. This substantial valuation marks a significant increase from…
OpenAI Unveils o1 Model That Can Fact-Check Itself
OpenAI has introduced its latest generative AI model family, code-named Strawberry, officially referred to as OpenAI o1. This release marks a significant development, with two versions available initially: o1-preview and…
Porsche-Backed Startup Builds Largest EV Battery Recycling Plant in Germany
Cylib, a Porsche-backed startup, has begun constructing a large battery recycling plant in Dormagen, Germany, aimed at supporting Europe’s electric vehicle (EV) industry by reducing battery waste. With investments totaling…
Chinese-Swedish Lynk & Co Commits to Stable Prices Despite European Tariffs
Chinese-Swedish EV brand Lynk & Co has announced that it will not pass the burden of impending European tariffs on to consumers as it prepares to launch its first China-made…
Meta Uses Australian User Data for AI Training with No Option to Opt Out
Meta, the parent company of Facebook and Instagram, has been collecting public photos and posts from Australian users to train its artificial intelligence (AI) models, without offering an option to…
Huawei introduces $2,800 trifold phone designed for maximum portability
Huawei has officially unveiled its Mate XT Ultimate, a $2,800 trifold smartphone, distinguishing itself from traditional folding designs by offering a unique collapsing feature. With two hinges, the phone transitions…
Amazon Launches Beta for Audible Narrators to Use AI Voice Clones
Amazon is allowing a select group of Audible narrators to create AI-generated voice clones, giving them the potential to streamline audiobook production. The narrators will retain creative control over their…
Apple’s iPhone 16 Launch Event Recap: Apple Watch Series 10, AirPods 4, iOS 18 and more
Apple unveiled several new products and updates at its iPhone 16 launch event in Cupertino, showcasing the iPhone 16 lineup, Apple Watch Series 10, and AirPods 4, alongside software enhancements…
Australia Proposes Social Media Age Limit Plan, Sparking Debate
Australia is planning to impose a minimum age limit for children to access social media platforms like Facebook, Instagram, TikTok, and others, expected to be between 14 and 16 years,…
Google Loses $2.7 Billion Shopping Antitrust Case in EU’s Final Ruling
Google has suffered another significant legal blow in Europe, as the European Court of Justice (ECJ) upheld a €2.42 billion ($2.65 billion) fine over antitrust violations involving its shopping comparison…
Chinese Car Industry Pushes Global Expansion at Frankfurt Trade Fair
Chinese auto suppliers and electric vehicle (EV) manufacturers have made a strong presence at the Automechanika trade fair in Frankfurt, Germany. Nearly 900 Chinese suppliers, along with major carmakers such…
Apple Ordered to Pay €13 Billion in Back Taxes to Ireland After EU Court Ruling
Apple has been ordered by the European Court of Justice (ECJ) to pay €13 billion ($14.4 billion) in back taxes to Ireland, marking the conclusion of a 10-year legal dispute…
Singapore Gets First WiFi 7 Router from NETGEAR Promising Ultra-Fast Speeds
NETGEAR has introduced its first WiFi 7 router in Singapore, the Nighthawk RS700, which offers ultra-fast internet speeds of up to 19Gbps. This cutting-edge device, developed by NETGEAR’s team with…
Skype Founder’s Atomico Raises $1.24 Billion to Support European Startups
Atomico, the venture capital firm founded by Skype’s co-creator Niklas Zennström, has raised $1.24 billion to invest in emerging and growth-stage tech startups across Europe. This marks a substantial increase…
Polaris Dawn Sets Out for First-Ever Civilian Spacewalk
Polaris Dawn has officially launched, marking a historic step in civilian space exploration. On the morning of September 10, a SpaceX Falcon 9 rocket lifted off from NASA’s Kennedy Space…
AMD prioritizes AI over high-end gaming graphics cards
AMD has shifted its focus toward AI chips, deprioritizing flagship gaming GPUs in favor of a broader business strategy. The company’s new approach will merge its RDNA gaming graphics and…
Google Faces New Antitrust Lawsuit Over Alleged Ad Tech Monopoly
Google is now facing another antitrust lawsuit, this time over its advertising technology, just one month after a judge ruled its search engine an illegal monopoly. The U.S. Department of…