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Month: June 2024

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  • Waymo Initiates Second Recall After Robotaxi Collision with Telephone Pole

Waymo Initiates Second Recall After Robotaxi Collision with Telephone Pole

Waymo has issued a voluntary software recall for all 672 of its Jaguar I-Pace robotaxis following an incident where one robotaxi collided with a telephone pole. This marks the second…

DeFi Technologies Launches Core Chain Validator, Stakes Nearly $100 Million in Bitcoin

DeFi Technologies, a Toronto-based blockchain company, has significantly expanded its footprint in the decentralized finance (DeFi) space by launching a validator node on the Core Chain. This move involves staking…

Samsung Unveils Initiative to Accelerate AI Chip Delivery

SEOUL/SAN JOSE – Samsung Electronics has announced a major advancement in its contract manufacturing business, aimed at expediting the production of AI chips. The South Korean tech giant revealed plans…

To Spark Innovation, Cultivate a Culture of Intellectual Courage

Did you know that 84% of executives believe fostering innovation is essential for their company’s growth? Cultivating a culture of intellectual bravery can be the key to unlocking creativity and…

GM’s Cruise Revives Robotaxi Service with Human Drivers in Houston

General Motors’ autonomous vehicle subsidiary, Cruise, is set to restart its operations in Houston, initially with human drivers controlling the vehicles. This decision marks a cautious step forward as the…

Samsung CEO Lee Explores Collaborations with Successful Meta, Amazon, and Qualcomm

Samsung Electronics Chairman Jay Y. Lee is fortifying alliances with American tech behemoths Meta, Amazon, and Qualcomm as the South Korean conglomerate seeks to bolster its competitiveness in the rapidly…

ChatGPT: Guiding Japan’s 89-Year-Old App Developer

TOKYO — At 89, Tomiji Suzuki is not your typical retiree. After a vibrant career at a trading house, Suzuki has embraced the digital age by learning to code and…

New AI Training Benchmarks Highlight Nvidia’s Unmatched Performance

In the rapidly advancing field of artificial intelligence (AI), the ability to efficiently train neural networks is a critical component for driving innovation and progress. Nvidia, the prominent leader in…

Bitcoin Mining Stocks Surge After Trump’s Pledge to Support US Miners

Bitcoin mining stocks saw a significant surge on Wednesday, rising by double digits following a statement from U.S. presidential candidate Donald Trump. Trump pledged to enhance Bitcoin mining operations in…

ByteDance to Slash 450 Jobs in Indonesia Following TikTok Shop-Tokopedia Merger Deal

ByteDance, the Chinese social media behemoth and parent company of TikTok, is set to cut approximately 450 jobs at its Indonesian e-commerce division. This move represents the first significant round…

Tether to Invest $1 Billion in Emerging Technologies Over the Next Year

Tether, the company behind the largest stablecoin in the cryptocurrency market, is expanding its horizons with plans to invest a substantial portion of its revenue into cutting-edge technologies. According to…

Huawei denies interesting offer to invest in ex-unicorn Royole, a bankrupt Chinese flexible display maker

Huawei Technologies, the world’s largest telecommunications equipment vendor, firmly denied any plans to invest in Royole Corp, a former Chinese tech darling known for its pioneering foldable smartphones. This statement…

Google Set to Flood Free Streaming TV Channels with Ads

Google is set to expand its advertising reach with the launch of the Google TV network, a new advertising platform targeting users of Google TV-powered streaming boxes and smart TVs.…

Thailand SEC Revokes Zipmex’s Licenses Due to Non-Compliance with Regulatory Orders

After enduring months of intense regulatory scrutiny, Zipmex, a cryptocurrency exchange, has had its operating licenses revoked by Thailand’s Securities and Exchange Commission (SEC). This decision marks a significant setback…

This Tokyo Humanoid Robot Could Become a Driver

A group of researchers at the University of Tokyo, including one who consults for Toyota, believe that the future of autonomous vehicles may involve a humanoid robot behind the wheel.…

Chinese AI social media apps gain traction abroad, lag at home

Chinese artificial intelligence (AI) companies are experiencing a noticeable increase in demand for their social media applications in international markets, contrasting with the more moderate uptake on the mainland. This…

SushiSwap Transitions to ‘Labs’ Model and Introduces Multi-Token Ecosystem

After months of intense debate, SushiSwap, a leading decentralized exchange (DEX), has unveiled a transformative new business model under the banner of Sushi Labs. This transition aims to streamline the…

Elon Musk Withdraws Lawsuit Against OpenAI and Co-founders

Elon Musk has withdrawn his lawsuit against OpenAI, its co-founders Sam Altman and Greg Brockman, and other associated parties, as confirmed by court documents ahead of a scheduled hearing in…

Crypto.com Gains Approval from Ireland’s Central Bank, Expanding Its Reach in Europe

The Central Bank of Ireland (CBI) has granted another major cryptocurrency firm, Crypto.com, the status of a Virtual Asset Service Provider (VASP). This significant approval, announced on June 11, allows…

The U.S. may impose more limits on China’s AI chip tech access.

In an escalating move to safeguard its technological prowess, the Biden administration is reportedly considering tightening restrictions on China’s access to sophisticated semiconductor technology, a move that could have significant…