Intel to Cut 15% of Workforce, Reports Quarterly Guidance Miss
Intel shares fell by up to 20% in extended trading on Thursday, August 1, after the company announced it would lay off over 15% of its workforce. This move is…
North Korean Hacker Infiltrates US Security Firm, Attempts Malware Attack
KnowBe4, a US-based security vendor specializing in security awareness training, revealed that it accidentally hired a North Korean hacker who attempted to install malware within its systems. This incident serves…
Elon Musk Shares Doctored Kamala Harris Video on X, Sparking AI Concerns
Elon Musk recently shared a doctored video of Vice President Kamala Harris on his social media platform, X. The video, which has been modified using AI, includes a deepfake voiceover…
AI and Tech Innovations Revolutionize Paris 2024: A Game-Changer in Sports
With applications ranging from athlete safeguarding to enhanced broadcast experiences and efficient energy management, artificial intelligence (AI) and technology innovations are set to transform some aspects of the Olympic Games…
Foreign Crypto Miners Could Pose National Security Threats, Warns Senator Elizabeth Warren
United States Senator Elizabeth Warren, known for her critical stance on cryptocurrencies, has once again raised alarms about the potential risks associated with foreign-owned cryptocurrency mining operations in the U.S.…
Apple Ousted from Top 5 in China as Local Smartphone Brands Take Over
Apple has been edged out of the top five smartphone vendors in China during the second quarter, according to a report by Canalys. The tech giant’s market share shrank to…
Elon Musk Rejects Claims of $45 Million Monthly Donation to Trump
Elon Musk has firmly denied claims that he is donating $45 million per month to support Donald Trump. This statement comes after the Wall Street Journal reported Musk’s alleged monthly…
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…
Mt. Gox Initiates $3.2 Billion Bitcoin Outflow Within Two Hours
On July 23, Mt. Gox, the now-defunct cryptocurrency exchange, made headlines once again by transferring a substantial amount of Bitcoin, totaling nearly $3.2 billion, to two undisclosed addresses early in…
Chinese Team Leverages Quantum Technology to Track Electrons in Superconductors
A team of Chinese researchers has developed a quantum computer capable of simulating the movement of electrons in solid-state materials. This achievement could pave the way for applications that surpass…
China Trade Fears Trigger $500 Billion Loss in Chip Stocks
The semiconductor industry faced a significant setback on Wednesday, losing over $500 billion in stock market value. This marks the worst session for the sector since 2020, triggered by reports…
CrowdStrike Meltdown Forces Microsoft to Launch Emergency Windows Repair Tool
On a disruptive Friday, 8.5 million Windows devices were brought to a standstill by a faulty update from cybersecurity firm CrowdStrike. This update precipitated widespread system crashes, commonly known as…
Elon Musk Moves X and SpaceX Headquarters to Texas Over New California LGBTQ Law
Elon Musk is relocating the headquarters of X and SpaceX from California to Texas in response to a new California law supporting LGBTQ students. Musk announced this decision following Governor…
Fisker Cleared for $46.25 Million Ocean SUV Sale
Fisker has been authorized by a bankruptcy judge to sell over 3,000 Ocean SUVs to American Lease, a vehicle leasing company, in a deal worth up to $46.25 million. This…
China is building two-thirds of the world’s new wind and solar projects.
Almost two-thirds of large wind and solar plants currently under construction worldwide are located in China, according to research released on Thursday. The rapid expansion of renewable energy in China…
Fisker’s Ocean SUV Fire Sale Faces Major Objection
Fisker’s plan to sell its unsold Ocean SUVs to American Lease faces a significant obstacle as the U.S. Trustee’s office opposes the deal. This sale, crucial for keeping Fisker’s bankruptcy…
CNN Prepares for Digital Future with Job Cuts
CNN is making significant changes as it prepares for a future beyond cable TV. On Wednesday morning, CEO Mark Thompson announced in a memo to staff that the company would…
AMD has now surpassed Intel in brand recognition.
A recent report has revealed a surprising shift in the tech industry landscape. AMD, long considered a less-known rival to Intel, has now emerged as a more recognizable brand. According…
Elon Musk Denies Wrongdoing in Twitter Stake Disclosure Delay
Elon Musk, the CEO of Tesla and SpaceX, is currently seeking to dismiss a lawsuit filed by former Twitter shareholders. The lawsuit alleges that Musk fraudulently delayed disclosing his significant…
Huawei and Wuhan Xinxin team up on high-bandwidth memory chips despite US restrictions.
Huawei Technologies has announced a strategic collaboration with Wuhan Xinxin Semiconductor Manufacturing Co. to advance the development of high-bandwidth memory (HBM) chips. These cutting-edge memory chips are integral to the…