Honor, a Chinese technology company, announced its plans to launch a foldable flip phone this year, marking its first foray into the vertical-folding style of smartphones that have become increasingly popular. This move by Honor is in line with their strategy to enter the premium end of the market and compete with giants like Samsung
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Samsung Electronics made headlines this week with the announcement of its newest high-bandwidth memory chip, the HBM3E 12H. This cutting-edge chip boasts the “highest-capacity to date” in the industry, marking a significant advancement in performance and capacity. Yongcheol Bae, executive vice president of memory product planning at Samsung Electronics, emphasized the growing demand for high-capacity
Motorola, a company owned by Chinese tech giant Lenovo, unveiled an exciting prototype during the Mobile World Congress in Barcelona, Spain. This prototype showcased a bendable smartphone that could potentially be worn on the wrist as a wearable device. Although this concept product may never hit the market, it highlights the advancements in display technology
OpenAI CEO Sam Altman stands to make millions after Reddit’s IPO, thanks to his strategic bets on the online discussion board company dating back to 2014. Altman’s foresight and track record of investing in successful startups have positioned him for financial success as Reddit goes public. With 9.2% of the voting power in Reddit ahead
Nvidia recently reported its fourth fiscal quarter earnings, surpassing Wall Street’s expectations for both earnings and sales. The company reported earnings per share of $5.16 adjusted against an expected $4.64, while revenue stood at $22.10 billion compared to the predicted $20.62 billion. These impressive results led to a 10% surge in Nvidia’s shares in extended
Nvidia’s Data Center business has recently reached a significant milestone, with $18.4 billion in fourth-quarter sales. This impressive figure highlights the company’s continued success in capitalizing on the ongoing boom in artificial intelligence. The data center unit of Nvidia experienced an astounding 409% growth compared to the previous year, surpassing expectations set by analysts. This
The recent drop of 28% in Palo Alto Networks shares has left investors concerned about the future of the cybersecurity hardware and software maker. This decline in stock value comes after the company lowered its full-year revenue guidance. Despite a significant increase in stock value in 2023 due to a rise in cyberattacks on various
Arc Boat Company has recently unveiled its newest creation, the Arc Sport – an electric boat designed specifically for wake sports enthusiasts. This innovative model follows the success of the Arc One, a limited-edition luxury cruiser that received widespread acclaim. The company, known for its commitment to sustainability and innovation, is now gearing up for
In recent news, shares of India’s Zee Entertainment saw a significant increase of over 10% following reports of a possible rekindling of its $10 billion merger with Japanese tech giant Sony. The Economic Times revealed that Zee had reopened discussions with Sony in a final effort to salvage the deal, which was previously called off