Cloud computing has become an integral part of modern business operations, allowing organizations to rent resources in remote data centers and pay based on usage. In an effort to make cloud computing more affordable and efficient, Google has announced the development of a custom-built Arm-based server chip at its Cloud Next conference in Las Vegas.
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Recently, Tesla reached a settlement in a wrongful death lawsuit brought by the family of Walter Huang. Huang, an Apple engineer and father of two, tragically lost his life in 2018 when his Model X SUV, with Autopilot features engaged, crashed into a highway barrier near Mountain View, California. This settlement came as jury selection
The CEO of blockchain startup Ripple, Brad Garlinghouse, has expressed a bullish outlook on the cryptocurrency market. He predicts that the combined market capitalization of the crypto market will surpass $5 trillion by the end of the year. This positive forecast is fueled by a number of macro factors, including the introduction of the first
Meta shares surged to an all-time high following the increase in price targets by analysts at two different firms. The stock saw a spike of 4.6% to reach $530 before settling at $510.92 by the end of the day. This positive momentum was attributed to the company’s growing market share in digital advertising, a sector
The automotive industry has long been plagued by the problem of depreciation, where a car’s value significantly decreases as soon as it leaves the dealership lot. However, electric vehicles (EVs) are now facing an even more severe depreciation issue, making them a less attractive option for potential buyers. A recent study revealed that the average
The recent news of Spotify planning to increase prices for its premium subscription service has caused a stir in the market, with shares jumping by 6% on Wednesday. This move comes as the company’s second price hike within a year, signaling a shift in the company’s pricing strategy. According to a Bloomberg report, Spotify is
Tesla recently released its first-quarter vehicle production and deliveries report for 2024, revealing some disappointing figures. In Q1 2024, the total deliveries amounted to 386,810 vehicles, while total production reached 433,371 units. These numbers represent a decline from the same period last year, where the company reported 422,875 deliveries and production of 440,808 vehicles. In
Samsung, a leading technology company, is exploring the addition of generative artificial intelligence technology to its voice assistant Bixby. This move comes as the company aims to improve the functionality and appeal of its devices. Since its launch in 2017, Bixby has been incorporated into various Samsung products, including smartphones, smartwatches, and home appliances. However,
The recent data breach incident involving AT&T has raised serious concerns about the security of customer data. The company announced that millions of customers’ data was published on the dark web, leading to a potentially massive compromise of personal information. In this article, we will critically analyze the incident, AT&T’s response to it, and the
The market for electric vehicles in Europe is witnessing a significant shift, with China-made electric vehicles projected to constitute more than a quarter of EV sales in the region this year. This marks an increase of over 5% from the previous year, signaling a growing presence of Chinese brands in the European market. A recent