Nvidia Board Approves Massive $50 Billion Share Repurchase Plan
Nvidia has announced a $50 billion stock buyback, following approval by its board of directors. The announcement was made alongside the company’s fiscal second-quarter earnings report, which exceeded Wall Street…
Telegram CEO Pavel Durov Charged in France Over Criminal Activity Allegations
Telegram CEO Pavel Durov has been formally charged by French prosecutors with enabling criminal activities on the messaging platform Telegram. The charges include facilitating organized crime, drug trafficking, fraud, and…
Nvidia Achieves 122% Revenue Growth Driven by AI Chip Demand
Nvidia has reported a 122% year-over-year revenue growth, driven by strong demand for its data center chips, particularly those used in artificial intelligence (AI) applications. The company’s earnings beat Wall…
Waymo Launches 24/7 Robotaxi Pickups at Phoenix Airport Terminals
Waymo, owned by Alphabet, has expanded its robotaxi service to offer 24/7 curbside pickups and drop-offs at Phoenix Sky Harbor International Airport, specifically at Terminals 3 and 4. This move…
Robotics Breakthrough as Unitree Launches G1 Humanoid Robot for Homes
Unitree Robotics has launched the G1, a new humanoid robot priced at $16,000, aiming to make advanced robotics more accessible for household use. Known for offering affordable alternatives to high-cost…
New Game Releases and Updates Revealed in Latest Nintendo Direct
Nintendo’s latest Direct presentation has unveiled a series of major game announcements and updates, giving fans a lot to anticipate. The showcase, which ran for about 40 minutes, focused solely…
Elon Musk Pushes for Free Emergency Access via Starlink Satellite Network
Elon Musk has announced that SpaceX’s Starlink service for mobile phones will offer free emergency service access, emphasizing its critical role in saving lives. The initiative comes as SpaceX seeks…
China’s BYD Targets Nearly Half of Sales from Overseas Markets
BYD Co, China’s leading automaker, is positioning itself to have nearly half of its future sales coming from international markets. This strategy highlights the company’s intent to establish global production…
Shein Reports Discovery of Child Labor in 2023 Supply Chain Audits
Shein, a leading online fashion retailer, uncovered two instances of child labor within its supply chain during the first three quarters of 2023. According to Shein’s latest sustainability report, these…
Cybersecurity Experts Reveal Chinese Hackers Breached Internet Companies
A Chinese hacking group has exploited a previously unknown software bug to compromise several internet companies in the U.S. and internationally, according to cybersecurity firm Lumen Technologies. The hackers targeted…
HMD’s Retro Barbie Flip Phone Ready for U.S. Launch in October
HMD Global is set to release its Barbie-branded flip phone in October, a device that combines retro aesthetics with modern functionality at a price of $129. The Barbie Phone, preannounced…
Cerebras Introduces Affordable AI Solution to Rival Nvidia
Cerebras Systems has launched a new tool for AI developers that utilizes its large-scale chips to run applications, presenting a cost-effective alternative to industry leader Nvidia’s processors. The California-based startup’s…
Meta to Discontinue Meta Spark Platform for Third-Party AR Effects
Meta Platforms announced that it will shut down its augmented reality (AR) studio, Meta Spark, which has been a vital tool for third-party creators to develop custom AR effects for…
Apple’s iPhone 16 ‘Glowtime’ Event Scheduled for September 9
Apple is gearing up for its iPhone 16 event on September 9, marking one of the most anticipated dates in the tech industry’s fall calendar. The event, set to begin…
Zuckerberg Reveals Government Pressure to Censor Covid-19 Content
Mark Zuckerberg, CEO of Meta, has expressed regret over bowing to what he claims was pressure from the U.S. government to censor certain content related to Covid-19 on Facebook and…
PlayStation 5 Price Hike Announced by Sony in Japan
Sony has announced a 19% price increase for its PlayStation 5 console in Japan, citing challenges related to the global economic environment. Starting September 2, the PS5 will retail at…
Mexico Becomes Hotspot for Chinese Cars Sparking U.S. Fears
Chinese electric vehicle (EV) makers have found a burgeoning market in Mexico, turning the country into a key destination for their high-tech cars amid U.S. trade restrictions. This shift has…
OpenAI, Adobe and Microsoft Back California’s AI Content Labeling Bill
OpenAI, Adobe, and Microsoft have shown support for a California bill, AB 3211, which would require tech companies to label AI-generated content with watermarks, according to letters obtained by TechCrunch.…
Samsung SDI, GM Agree on $3.5 Billion EV Battery Facility in US
Samsung SDI, a South Korean battery maker, has finalized an agreement with General Motors (GM) to build a joint electric vehicle (EV) battery factory in Indiana, USA. The two companies…
Lyft Now Offers Pet Rides to Make Traveling with Pets Easier
Lyft has introduced a new feature called “Pet Rides,” which allows passengers to bring their pets along while using the ride-hailing service. This feature, launched in conjunction with National Dog…