Samsung is making strategic moves to develop its Galaxy AI capabilities specifically for the Chinese market in an effort to regain lost market share to local players. Despite facing tough competition from companies like Huawei, Samsung is focusing on introducing new AI features to its smartphone series as a way to attract Chinese consumers. Samsung
Enterprise
Apple has recently made commitments to EU antitrust regulators in order to allow access to its tap and go payments technology to rivals. This decision comes after a four-year investigation that was looking into whether Apple had illegally restricted competition when it comes to mobile wallets on iPhones. The European Commission found that Apple Pay
Elon Musk announced that his brain tech startup, Neuralink, is gearing up to implant its system in a second human patient within the next week. This news comes after the company encountered hardware problems with its first participant, Noland Arbaugh. Despite the setbacks, Neuralink is determined to forge ahead with its mission of creating a
When Etsy first launched almost twenty years ago, it was hailed as a platform for artisans and craft makers to sell their unique creations and connect with a wider audience. However, in recent years, the site has been inundated with mass-produced, generic items from resellers who have exploited the system. Etsy CEO Josh Silverman recognizes
In a startling report from TRM Labs, it was revealed that hackers managed to secure over $1.38 billion in cryptocurrency during the first half of 2024. This figure demonstrates a significant jump from the $657 million stolen during the same time frame the previous year. Notably, a small group of large-scale attacks were responsible for
In recent weeks, Germany’s government has been making headlines for its decision to sell off a significant amount of bitcoin. This move has not only raised eyebrows in the cryptocurrency community but has also had a direct impact on the market as a whole. Let’s delve deeper into what these sales mean for the world
Aidan Gomez, a former intern at Google Brain, co-authored the groundbreaking “Attention Is All You Need” paper in 2017, introducing the concept of transformers and igniting the generative artificial intelligence revolution. Reflecting on the exponential growth in technological capabilities, Gomez expressed astonishment at the rapid advancements within the field, noting that developments surpass his initial
Samsung Electronics has experienced a surge in its stock price, reaching its highest level since January 2021. This increase can be attributed to the company’s optimistic outlook for the second quarter, with better-than-expected profits on the horizon. Operating profit for the April to June quarter is projected to be around 10.4 trillion won, marking a
The European Union has officially announced its decision to increase tariffs on electric vehicles imported from China. This decision comes after the European Commission conducted an investigation and found that Chinese producers of battery electric vehicles (EVs) benefit from what they deem as “unfair” subsidization. The new levies, which range from 17.4% to 37.6%, will
The Chinese electric vehicle manufacturer BYD is on the trajectory to surpass Tesla in battery electric vehicle (BEV) sales this year, according to a recent report from Counterpoint Research. The report highlights a significant increase in BYD’s market share in the BEV segment, underlining the dynamic nature of the global EV market. In the second