Samsung Gains AI Market Share as SK Hynix Stumbles
Asian chip stock leadership is undergoing a significant shift. South Korean memory maker SK Hynix Inc is seeing its substantial gains for the year wane due to a global rotation…
Nvidia’s AI Chip Dominance Triggers Antitrust Probe Calls
Nvidia is facing calls for an antitrust investigation from Sen. Elizabeth Warren, D-Mass., and several progressive groups over its dominance in the AI chip market. Controlling about 80% of the…
Meta’s Reality Labs Unit Reports $4.5 Billion Loss in Q2
Meta’s Reality Labs unit, which focuses on the company’s metaverse technologies, reported a substantial operating loss of $4.48 billion for the second quarter. The Reality Labs division, which includes products…
Former CNN Anchor Don Lemon Sues Elon Musk and X Over Cancelled Show
Former CNN anchor Don Lemon has filed a lawsuit against Elon Musk and X Corp, the social media platform formerly known as Twitter, alleging fraud and breach of contract after…
Arm’s Guidance Triggers 7% Decline in Semiconductor Index
U.S. chip stocks experienced their worst day since 2020 on Thursday, with a significant drop triggered by a conservative forecast from Arm Holdings, which dampened investor optimism about artificial intelligence…
Apple Leverages AI for iPhone Upgrades as China Sales Lag
Apple reported better-than-expected third-quarter iPhone sales and forecast further gains, betting on artificial intelligence to attract buyers despite disappointing overall performance in China. Following the announcement, Apple’s shares rose nearly…
Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America
Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…
Study Reveals How Six Dating Apps Expose User Locations to Stalkers
Belgian researchers from KU Leuven have discovered significant security vulnerabilities in six popular dating apps—Bumble, Hinge, Grindr, Badoo, Happn, and Hily—that could allow malicious users to pinpoint a user’s location…
Reddit CEO Demands Microsoft Pay for Data Usage
Reddit’s CEO, Steve Huffman, has publicly demanded that Microsoft and other AI companies compensate Reddit for using its data, which they have been accessing without authorization. In a detailed interview…
Perplexity AI’s New Program to Compensate Publishers for Content
Perplexity AI, a burgeoning AI search engine, is set to share advertising revenue with news publishers when its chatbot cites their content in response to user queries. This initiative appears…
ASML and Tokyo Electron Escape New US Chip Export Restrictions
The United States is set to temporarily exempt semiconductor equipment manufacturers ASML and Tokyo Electron from new export restrictions targeting China. The Biden administration is preparing to implement the Foreign…
UK Regulator Probes Google’s Partnership with AI Startup Anthropic
The U.K.’s Competition and Markets Authority (CMA) is investigating Google parent Alphabet’s partnership with artificial intelligence startup Anthropic to determine if it constitutes a “relevant merger situation.” This investigation, part…
Qualcomm’s New Chip Aims to Bring 5G to Millions in Emerging Markets
Qualcomm introduced the Snapdragon 4s Gen 2 chip, aiming to expand 5G accessibility to 2.8 billion smartphone users in cost-sensitive markets like India and Latin America. This entry-level chip, unveiled…
Meta Launches AI Studio for Custom Chatbots on Instagram
Meta has launched AI Studio, a new tool that enables Instagram creators and users in the US to create AI versions of themselves. This feature allows these AI personas to…
Intel Avoids UK Sales Ban in Patent Dispute with R2
Intel secured a legal victory in London on Wednesday, defeating U.S. competitor R2 Semiconductor in a significant patent dispute. The case revolved around R2’s claim that Intel had infringed on…
Potential U.S. Restrictions on AI Memory Chips Could Impact China’s Tech Sector
The United States is contemplating new unilateral restrictions on China’s access to advanced AI memory chips, specifically targeting products from companies like Micron Technology, SK Hynix, and Samsung, according to…
NASA Shifts from Cable to Streaming with NASA+
NASA is set to shut down its NASA TV cable channel in late August, transitioning all its content to the on-demand streaming service, NASA+. The agency’s modernization efforts are focused…
Nvidia Gains Momentum with 13% Stock Surge
Nvidia shares jumped 13% on Wednesday following remarks from major customer Microsoft and rival chipmaker AMD, suggesting that the demand for AI server infrastructure, heavily reliant on Nvidia’s GPUs, remains…
Meta Agrees to Pay $1.4 Billion in Texas Biometric Data Lawsuit
Meta Platforms, the parent company of Facebook, has agreed to a $1.4 billion settlement with the state of Texas. The settlement resolves a lawsuit accusing Meta of illegally using facial…
Samsung’s Galaxy Z Flip Finds New Role as Police Bodycam
Samsung has recently highlighted an unconventional use of its Galaxy Z Flip series smartphones, promoting them as tools for law enforcement. In a recent post on Samsung’s newsroom, the company…