UK School Under Fire for Unlawful Facial-Recognition Use
An English school has faced criticism from the U.K.’s data protection regulator for using facial recognition technology without obtaining explicit consent from students. The incident highlights ongoing concerns about privacy,…
Disney and Warner Bros. Launch New Streaming Bundle, Starting at $16.99/Month
Disney and Warner Bros. Discovery have launched a new streaming bundle in the United States, combining Disney+, Hulu, and Max services. Starting Thursday, July 25, the bundle is available at…
Spain Launches Antitrust Probe into Apple’s App Store
Spain’s competition authority, the Comisión Nacional de los Mercados y la Competencia (CNMC), has initiated an investigation into Apple’s App Store, citing concerns that the tech giant may be imposing…
Taiwanese Rocket Startup Poised to Test Japan’s Ambitious Space Hub Vision
A Taiwanese startup, TiSpace, is set to become the first foreign company to launch a rocket from Japan by early next year. This initiative is part of a broader strategy…
Revolut Receives UK Banking License After Three-Year Wait
Revolut, the prominent British fintech company, announced on Thursday, July 25 that it has obtained a banking license with restrictions from the U.K.’s Prudential Regulation Authority (PRA). This achievement concludes…
SK Hynix Achieves Record Quarterly Profit in 6 Years, Driven by AI Chip Dominance
SK Hynix, a leading global memory chipmaker, announced that its second-quarter profits have reached the highest level in six years, thanks to its strong position in the advanced memory chip…
Waymo Gains $5 Billion Support from Alphabet
Alphabet will invest up to $5 billion in its self-driving subsidiary, Waymo, over the next few years. This announcement was made by Alphabet CFO Ruth Porat during the company’s second-quarter…
Chinese AI Video Model Allegedly Censors Politically Sensitive Content
A new video-generating AI model named Kling, developed by Beijing-based Kuaishou, is now widely accessible. However, it appears to censor politically sensitive topics linked to its country of origin, China.…
LG Energy Solution Lowers Earnings Forecast Amid Sluggish EV Demand; Shares Plummet
South Korean battery manufacturer LG Energy Solution (LGES) has issued a warning about a revenue decline for this year, projecting a drop of over 20%. The company attributes this decline…
Elon Musk Reschedules Tesla Robotaxi Unveiling to October 10
Elon Musk announced a new date for unveiling Tesla’s “robotaxi” prototype, now set for October 10, after delaying the original reveal planned for August 8. Musk indicated that the delay…
Telegram Surpasses 950 Million Users, Announces Plans for New App Store Launch
Messaging app Telegram has reached 950 million active users, with the company’s founder Pavel Durov announcing plans to surpass the 1 billion mark by the end of this year. Durov…
Mattel Reveals New Barbie Project Friendship Game
Mattel, in collaboration with Outright Games, has announced the upcoming release of Barbie Project Friendship, an adventure game celebrating the 65th anniversary of Barbie. The game, available from October 25th,…
Baidu’s Robotaxi Vision Faces Scrutiny Despite Recent Stock Surge
China’s rapid adoption of autonomous driving technology is not generating the expected optimism for Baidu Inc., as analysts struggle to identify a new growth catalyst for the company. Baidu’s shares,…
DeepL Expands AI Translation Services with Traditional Chinese Launch in Asia
German artificial intelligence translation startup DeepL has launched traditional Chinese as a language option, aiming to expand its footprint in Asia. DeepL, valued at $2 billion, focuses on providing translation…
Boeing and NASA Conclude Ground Tests on Starliner Thruster, Review Data Before Crew Return
Boeing and NASA engineers have completed ground tests on the Starliner Reaction Control System (RCS) thruster. They aimed to figure out what went wrong during the spacecraft’s flight in early…
Waymo-Zeekr Launches Robotaxi Service in San Francisco
Waymo has started testing a new robotaxi model on the public roads of San Francisco, developed in partnership with Chinese electric vehicle manufacturer Zeekr. Currently, Waymo has a small fleet…
Foxconn Commits $138 Million to Establish New Business Headquarters in China
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, announced on Wednesday its plans to invest 1 billion yuan ($137.5 million) to construct a new business…
Reddit Strikes New Deals with Top Sports Leagues
Reddit is enhancing its platform with more sports content through agreements with major leagues, including the National Basketball Association (NBA) and the National Football League (NFL), to attract increased advertising…
Nvidia Approves Samsung’s HBM3 Chips for China-Market Processors
Samsung Electronics’ fourth-generation high bandwidth memory (HBM3) chips have been approved by Nvidia for use in its processors for the first time, according to three individuals familiar with the situation.…
GM’s Cruise Scraps Origin Robotaxi, Faces $583 Million Charge
GM’s self-driving subsidiary, Cruise, has abandoned its plans to build the Origin robotaxi, opting instead for the next-generation Chevrolet Bolt. This decision aims to simplify scaling and address regulatory uncertainties.…