Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever, driven by an artificial intelligence-fueled rally that has pushed the tech giant deeper into record territory. Shares rose 3.9% on Wednesday to close at $193.61, elevating the company’s market value to over $2 trillion. This milestone places Amazon in an elite...
Micron Technology Inc.’s post-results selloff sent a fresh reminder to global investors about the risks inherent in bets on artificial intelligence chipmakers. Days after leading AI chipmaker Nvidia Corp. saw nearly half a trillion dollars wiped off its market value, Micron shares fell about 8% in extended trading following a forecast that fell short of...
YouTube will soon prompt iOS users to opt into more personalized advertising by allowing tracking across other apps and websites. This move aligns with Apple’s App Tracking Transparency (ATT) policies introduced in iOS 14.5, which require apps to get explicit user consent for broader tracking. New Consent Mechanism on iOS Starting soon, YouTube will introduce...
Google has officially launched the Gemini side panel to enhance productivity across its suite of Workspace applications, including Gmail, Google Docs, Sheets, Slides, and Drive. This rollout follows its announcement at I/O 2024 and marks a significant expansion of Google’s AI-powered tools aimed at improving user workflows. Introduction of Gemini Side Panel Initially known as...
At the headquarters of BYD Co. in Shenzhen, a wall crammed floor to ceiling with about a thousand framed patents showcases the more than 30,000 innovations that the electric-vehicle maker’s billionaire founder, Wang Chuanfu, and his team of engineers have devised. These patents, which include breakthroughs like the low-cost lithium-iron-phosphate battery used by rivals such...
Shares of NVIDIA Corporation have skyrocketed by more than 200% over the past year, fueled by relentless investor enthusiasm and a bullish outlook from top analysts. This rally has positioned NVIDIA as a formidable contender in the semiconductor industry, with projections suggesting its market value could reach an unprecedented $5 trillion within the next year....
Samsung isn’t waiting around for Oura to file any patent claims over its forthcoming smart ring. Instead, it’s preemptively filed its own suit against Oura, seeking a “declaratory judgment” that states the Galaxy Ring doesn’t infringe on five Oura patents. The suit alleges that Oura has a pattern of filing patent suits against competitors based...
Apple Inc. has once again secured its position as the world’s most valuable company, surpassing Microsoft in a dramatic stock surge. On June 12, Apple’s shares (AAPL) soared nearly 4% to a record high of $215.04, propelling its market valuation to an impressive $3.29 trillion. This leap positioned Apple ahead of Microsoft, whose market capitalization...
TikTok, once synonymous with Gen Z trends and viral dances, has evolved into a multifaceted platform that attracts a diverse demographic range, reshaping the social media landscape and challenging perceptions about its user base. Recent data from YouGov reveals a seismic shift in TikTok’s user demographics. Despite ongoing regulatory challenges, TikTok has seen a quadrupling...
Wang Chuanfu, Chairman of BYD Co., China’s largest auto company, declared that foreign nations are apprehensive about Chinese electric vehicles (EVs). He criticized European and US policies aimed at restricting imports of China-manufactured cars, framing them as reactions to China’s burgeoning dominance in the EV sector. “The reaction from politicians in other countries demonstrates their...
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