lon Musk’s social media platform X, formerly known as Twitter, has seen its value plunge dramatically since its $44 billion purchase in 2022. According to recent disclosures from Fidelity, one of the company’s key investors, the platform’s current worth is less than a quarter of its original valuation. Fidelity’s Blue Chip Growth Fund has marked...
China’s leading consumer tech firms, Alibaba Group Holding Ltd., JD.com Inc., and Meituan, experienced a significant boost in their stock performance following the announcement of fresh economic stimulus measures by the Chinese government. The stimulus package, aimed at reviving the nation’s struggling economy, has sparked optimism across various sectors, with consumer technology companies among the...
Telegram CEO Pavel Durov announced that the messaging platform will begin sharing users’ IP addresses and phone numbers with authorities in response to valid legal requests. This shift comes as the company grapples with increased scrutiny following a series of legal challenges. Our terms of service have been updated to ensure Telegram is not a...
OpenAI CEO Sam Altman offered a deep dive into his long-term vision for how artificial intelligence could reshape society. Known for his forward-thinking approach and involvement in the development of AI, Altman discussed the unprecedented opportunities that artificial intelligence can bring to humanity, envisioning a world where “AI will be so transformative that no one...
With the release of iOS 18, Apple has once again raised the bar for user experience, making the iPhone more personal and capable than ever before. Available today, this new update brings unprecedented levels of customization, an intelligent redesign of popular apps, and the introduction of Apple Intelligence, a game-changing AI system aimed at enhancing...
India’s Competition Commission (CCI) has launched an investigation into major smartphone manufacturers Samsung and Xiaomi, alleging collusion with online retail giants Amazon and Flipkart. The allegations focus on exclusive product launches that violate the country’s antitrust laws, raising concerns about fair competition in India’s rapidly expanding digital market. The CCI’s Findings The CCI’s reports, spanning...
Apple has introduced its latest flagship smartphones: the iPhone 16 and iPhone 16 Plus. These new models, which hit the market on September 20, 2024, offer a compelling mix of advanced features and affordability, making them a strong choice for many users. Innovative Design and Features Starting at $799 for the iPhone 16 and $899...
SpaceX’s Polaris Dawn mission has made history by conducting the first-ever commercial spacewalk. The crew of four astronauts, led by billionaire Jared Isaacman, floated outside the Dragon spacecraft, marking a significant achievement in the era of private spaceflight. This spacewalk occurred on September 12, 2024, the third day of their mission, 870 miles above Earth....
China has rapidly become the world’s largest spender on chipmaking equipment, with an eye-watering $25 billion invested in the first half of 2024 alone. This staggering figure, more than the combined spending of South Korea, Taiwan, and the United States, underscores Beijing’s aggressive push to localize semiconductor production. As global trade tensions simmer, China is...
Imagine your morning jog not only energizing you but also powering your wearable tech. This vision might soon become a reality thanks to a groundbreaking development by the University of Surrey’s Advanced Technology Institute (ATI). Their latest innovation, a flexible nanogenerator, boasts a remarkable 140-fold increase in power density over traditional models, potentially rivaling today’s...
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