Surprising the market with a quarterly profit, chip maker Intel (INTC.O) showcased its resilience amidst a downturn in the PC market. The forecast of higher third-quarter earnings, surpassing Wall Street expectations, led to a notable 6 percent surge in its shares. The pandemic had led to a slump in the PC market, resulting in excess...
Intel is on the cusp of a chipmaking revolution with PowerVia, a groundbreaking approach to delivering power to chips that required a fundamental reimagining of both chip manufacturing and testing. Traditionally, computer chips have been constructed layer by layer, starting with the smallest components and adding increasingly larger layers of wiring and interconnects. This approach...
In a significant move towards bolstering its augmented reality (AR) endeavors, Apple has successfully acquired Mira, a pioneering AR startup with high-profile contracts. The acquisition, whose financial details remain undisclosed, showcases Apple’s strategic vision in AR technology. Mira, which has previously raised approximately $17 million, had contracts with influential entities, including the US military and...
In a groundbreaking move, the US Food and Drug Administration (FDA) has granted Neuralink, founded by Elon Musk, permission to commence human trials for its revolutionary brain-computer interface (BCI) technology. This decision comes amidst ongoing investigations into alleged violations of the Animal Welfare Act by Neuralink. Initially, Musk’s application, submitted in March, was rejected by...
In a surprising revelation, Bobby Kotick, the CEO of Activision Blizzard, recently disclosed that the gaming giant had once set its sights on acquiring Time Warner, the parent company of Warner Bros. and HBO. Kotick shared that this ambitious plan was in motion as a backup option in case AT&T’s $85.4 billion acquisition of Time...
IBM, a pioneer in quantum computing, is embarking on an audacious quest to develop a quantum machine boasting a staggering 100,000 qubits within the next decade. This ambitious endeavor was unveiled at the G7 summit held in Hiroshima, Japan, where IBM disclosed its collaboration with the University of Tokyo and the University of Chicago on...
Meta, formerly known as Facebook, is implementing changes to its remote work policy for full-time employees. According to reports, starting in September, employees will be required to work in the office at least three days a week. The company believes that a balance between office and remote work fosters collaboration, relationships, and a strong company...
NVIDIA, a dominant player in the world of semiconductors and artificial intelligence, experienced its most substantial one-day stock decline, just one day after its historic ascent to a $1 trillion valuation. On Wednesday, NVIDIA’s shares plummeted by 5.7%, marking the most significant single-day dip this year since late January. As a result, the company’s...
In a surprising move, Twitter has unveiled its new API Pro plan, which comes with a hefty price tag of $5,000 per month. Aimed at developers seeking expanded access to Twitter’s API, the Pro plan offers a range of features, but the exorbitant cost has sparked controversy and concern within the developer community. Alongside the...
Not surprisingly to many, YouTube has announced a farewell to its Stories feature, which will no longer be available on the platform after June 26. The feature, which bore a striking resemblance to Instagram Stories, allowed users with more than 10,000 subscribers to post updates and promote their channels. However, due to limited access and...
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