Kaspersky to Shut Down U.S. Operations and Lay Off Staff After Ban
Kaspersky will exit the U.S. market and lay off dozens of employees following a U.S. government ban on its software due to security concerns. Starting July 20, the Russian cybersecurity…
Japan’s Nikon eyes innovative 3D printing for US defence market
Nikon Corp, the renowned Japanese precision equipment maker, is attracting interest from U.S. defense and aerospace companies for its advanced metal 3D printers. This expansion is part of Nikon’s broader…
Ultrahuman’s Smart Ring Receives FDA Approval for AFib Detection
The smart ring has long been overshadowed by the smartwatch. For years, tech giants like Apple and Google have battled for dominance over wrists, leaving the smart ring market relatively…
Wittaya Aqua’s AI-powered analytics boost aquaculture production for seafood farmers
Over 3 billion people worldwide rely on wild-caught and farmed seafood as their primary source of protein. Recently, global aquaculture production reached a new high, with 89% of all aquatic…
MediaTek and Qualcomm Intensify Battle for Dominance in 5G Smartphone Market
MediaTek is outpacing Qualcomm in gaining 5G smartphone market share, according to research group Omdia, a Light Reading sister company. This shift is largely due to the increased availability of…
EU Court Upholds Gatekeeper Label for ByteDance, Empowering Regulators
ByteDance, the owner of the popular social media app TikTok, faced a significant legal setback on Wednesday. The company lost its court challenge against being designated as a “gatekeeper” under…
Samsung is creating AI features for China to regain market share.
Samsung is developing its suite of artificial intelligence features known as Galaxy AI specifically for the Chinese market, the company’s mobile chief told CNBC. This move comes as Samsung aims…
China Requests WTO Panel to Address US Electric Vehicle Subsidies Dispute
China has asked the World Trade Organization (WTO) to form an expert panel to help resolve a dispute over electric vehicle (EV) subsidies under the US Inflation Reduction Act (IRA),…
Agility Robotics’ Digit Starts First Official Job at Spanx Factory
Agility Robotics’ humanoid robot, Digit, has begun its first official job at a Spanx factory in Connecticut. This deployment follows a multi-year agreement with GXO Logistics Inc., the world’s largest…
New EU AI Regulations Increase Operational Costs for Chinese Tech Companies
The European Union (EU) is set to implement the world’s first comprehensive artificial intelligence (AI) regulations on August 1. These new rules are expected to significantly increase compliance and assessment…
Users Can Now Try iOS 18 and More as Apple Releases Public Betas
Apple has launched public betas for iOS 18, macOS Sequoia, iPadOS 18, watchOS 11, and tvOS 18, providing users early access to the upcoming features across its devices. The iOS…
Court Leak Shows Valve’s $400 Million Payout to Small Workforce
Valve’s internal financial and staffing details have emerged from an ongoing court case, revealing that the company has paid over $400 million to fewer than 400 employees. This leak highlights…
Apple’s India Sales Soar 33%, Reaching Record High Amid Shift from China
Apple Inc. has achieved a milestone in India, with its annual sales reaching a record of almost $8 billion. This shows the rapid growth of the Indian market, where the…
Vectara Secures $25M Funding to Launch Mockingbird LLM for Enterprise RAG Solutions
Vectara, an early pioneer in Retrieval Augmented Generation (RAG) technology, is making headlines today with the announcement of a $25 million Series A funding round. This latest round brings the…
Huawei Invests $1.4 Billion in New Shanghai Center Amid Intensifying Chip War
Huawei Technologies Co is on the brink of finishing the construction of a chip research and development center in Shanghai. This development is poised to bolster China’s technological advancements despite…
India’s Affinity for Cheap Feature Phones Challenges Smartphone Brands
India, the world’s second-largest smartphone market after China with around 750 million users, is experiencing a slowdown in new smartphone sales. Many consumers find it difficult to afford a brand-new…
ASML Anticipates Surge in Orders Due to AI Chip Demand
ASML, the leading equipment supplier to computer chip makers, is set to report a significant increase in new orders when its new CEO delivers the second-quarter results on Wednesday. As…
WhatsApp now enables businesses to send authentication codes to users in India
WhatsApp has officially enabled businesses to send authentication and login codes through its API to users in India. This new feature, launched on July 1, represents a significant step in…
Tesla Pushes Robotaxi Unveiling to October
Tesla has postponed the highly anticipated unveiling of its “robotaxi” design from August 8 to October, according to Bloomberg News. The delay is attributed to the need for additional time…
European Commission Finds X’s Blue Checkmarks Misleading
The European Union has announced that the blue checkmarks on Elon Musk’s platform, X, violate the bloc’s social media laws. These checkmarks, which cost $8 for verification, are seen as…