Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34 percent drop in fourth-quarter profit despite a memory price rebound as consumer demand remained weak in many businesses. The world’s biggest maker of memory chips said it expected mobile and PC makers to place more, better chips […]
Reuters: Chinese automaker Geely launches 11 LEO satellites to provide high-precision positioning support to self-driving cars and expects 72 to be in orbit by 2025 — Chinese automaker Geely Holding Group (0175.HK) said on Saturday it has launched 11 low-earth orbit satellites, its second dispatch … Source link
AI-related companies lost $190 billion (roughly Rs. 15,77,620 crore) in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants’ reports after the bell underscored investors’ elevated expectations following an AI-fueled stock market rally
Taylor Lorenz / Washington Post: More than 100 human rights and LGBTQ groups and many kids condemn the Kids Online Safety Act after the January 31 hearing, saying it is “to control information” — Gen Z TikTokers, LGBTQ organizations and free speech advocates react angrily to Wednesday’s hearing Source link
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts’ targets, powered by iPhone growth, sending Apple shares down 3 percent in after-hours trade. The results
Carl Franzen / VentureBeat: Hugging Face launches HuggingChat Assistants, allowing users to create customized AI chatbots with specific capabilities using LLMs like Mixtral or Llama2 — Hugging Face, the New York City-based startup that offers a popular, developer-focused repository for open source AI code and frameworks … Source link
Jio has introduced two new AirFiber add-on plans in India. Both these plans can be used over existing plans to get more data. Unveiled in India in September 2023, Jio AirFiber is an alternative to TV, DTH, and broadband services. It initially launched with six plans starting from Rs. 599. Customers could also opt for
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Reuters: Sources: cloud data management startup Rubrik plans an US IPO as early as April 2024, amid a DOJ fraud investigation into one of its former employees — Rubrik Inc, the cybersecurity software startup that Microsoft Corp (MSFT.O) invested in at a $4 billion valuation in 2021 … Source link
Google has announced new artificial intelligence (AI) powered updates coming soon to Google Maps that aim to help users discover new places. The latest generative AI feature will give personalised recommendations based on users’ specific needs. It uses large language models (LLMs) to analyse more than 250 million locations on Google Maps and contributions from over
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Mike Scarcella / Reuters: Filing: Google asks a US judge to overturn a jury verdict favoring Epic that found Google abused its market dominance in setting rules for the Play Store — Alphabet’s Google (GOOGL.O) has asked a U.S. judge to throw out a jury verdict for “Fortnite” maker Epic Games that found the tech