The company recently reported a staggering loss of $2.8 billion for the first quarter of 2021, up from $8.1 billion in net income the previous year. For a company that has long been a dominant player in the semiconductor industry, this loss is significant and raises questions about Intel’s future. But what led to such...
In a surprising turn of events, Google’s cloud business has finally turned a profit after three years of losses. The news came as part of the Alphabet’s third-quarter earnings report, which also revealed that YouTube’s ad revenue has fallen for the third quarter in a row. The report shows that Google Cloud generated $3.4 billion...
The smartphone market has been going through a rough patch lately, with sales declining for the fifth quarter in a row. But there is some good news – Samsung has managed to take the lead, ahead of Apple. Samsung’s latest flagship phone, the Galaxy S21, has been a hit with consumers around the world. With...
Spotify, the popular music streaming service, has surpassed 500 million monthly active users. This is a significant achievement for the company, as it solidifies its position as the leading platform for music lovers worldwide. However, there is a catch. Despite the impressive user growth, Spotify’s share of premium subscribers has dropped to 40%. This is...
Apple CEO Tim Cook opened the first official Apple store in the country, and it hasn’t stopped causing a stir since. The store, located in Mumbai, opened its doors to customers earlier this week and is already attracting huge numbers of people. This is an important moment for Apple and for the Indian market, as...
Google has announced that its popular web browser, Chrome, has become up to 30% faster on Mac and Android platforms in the past three months. This is a significant achievement for the tech giant, as Chrome is one of the most widely used web browsers in the world. With faster speeds, users can browse the...
Elon Musk has announced the introduction of a monetization system on Twitter, marking a significant shift in the social media giant’s revenue strategy. For the first year, Twitter will not impose any fees on content creators, allowing authors to retain 70% of their earnings on iOS and Android, considering platform commissions, and more than 90%...
Last quarter, global PC shipments fell by nearly a third, and Apple’s fell by more than 40 percent, bringing them below pre-pandemic levels. The pandemic undoubtedly played a role in this drop, but there may be other factors as well. According to research firm IDC, worldwide PC shipments totaled 53.8 million units in the first...
The United States government has launched a public survey on artificial intelligence that could lead to regulations for systems like ChatGPT. The survey aims to collect data on the public’s understanding of AI and its potential impact on society. The use of AI has been growing rapidly in recent years, with ChatGPT being one of...
NVIDIA, a behemoth in the realms of semiconductors and artificial intelligence, experienced its most substantial one-day stock drop, just one day after achieving a historic milestone of a $1 trillion valuation. On Wednesday, NVIDIA shares plummeted by 5.7%, marking the most significant single-day decrease this year since late January. Consequently, the company’s market capitalization now...
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