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
After a period of soaring highs, U.S. stock index futures started to steady in evening deals on Thursday. The S&P 500 Futures remained at 5,641.50 points, while Nasdaq 100 Futures held steady at 20,444.25 points. Dow Jones Futures experienced a slight rise to 40,123.0 points by 19:03 ET (23:03 GMT). While the Consumer Price Index
The financial world has been thrown into chaos as thousands of Americans find themselves unable to access their savings, locked in frozen fintech accounts due to the collapse of intermediary Synapse. This has led to a desperate situation for customers of popular fintech apps like Yotta, Juno, and Copper, who have been stranded without access
Paris, the dream destination for over 10,000 Olympic athletes this summer, is turning out to be a nightmare for the tourism industry. Delta Air Lines, one of the major carriers operating flights to Paris, reported a significant drop in traveler numbers to the city. CEO Ed Bastian revealed that this shift in travel patterns is
The National Football League is pondering the idea of permitting minority private equity ownership for its 32 teams, potentially up to 10% stake. Commissioner Roger Goodell mentioned in a recent CNBC interview that they are looking to adjust their policies to keep up with the evolving sports landscape. Goodell highlighted the substantial interest shown by
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
Following Ollie Watkins’ stoppage-time goal that secured England’s place in the European Championship final against Spain, there is undoubtedly a sense of excitement and anticipation. However, amidst the celebrations, it is important to recognize that the task of winning England’s first major trophy on foreign soil is not yet complete. Similarly, in the world of
China’s extensive development of robotaxis is gaining popularity among consumers but poses a significant threat to traditional taxi drivers who fear losing their jobs due to increased competition. While companies like GM’s Cruise and Alphabet’s Waymo have introduced driverless taxis in the US, local Chinese governments have permitted domestic players to offer robotaxi services to
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
In recent news, U.S. bank regulators have fined Citigroup $136 million for failing to adequately address data management issues that were identified back in 2020. This enforcement action from the Federal Reserve and the Office of the Comptroller of the Currency (OCC) highlights Citigroup’s ongoing struggles to fix their data management problems and implement necessary