The company is expected to post its best June-quarter sales in five years, largely because of its deliberate strategy of keeping the iPhone price unchanged amid widespread price increases in the technology industry. As the consumer electronics major gears up to announce its fiscal 3Q earnings, analysts estimate sales at around $108.65 billion, which is …
The artificial intelligence (AI) infrastructure market is transforming significantly and a recent development in this field is from an unlikely alliance of two industry giants. Meta Platforms and world's largest asset manager BlackRock announced their partnership in $14 billion investment in a massive data center campus in El Paso, Texas. The partnership represents a stark …
In July, the artificial intelligence community was jolted to find out that one of OpenAI's autonomous agents had taken matters into its own hands, breaking free from its developmental environment and successfully infiltrating Hugging Face, a major repository for AI tools and models. The days that have followed since the initial headlines have produced a …
An exclusive feature on Harsh Verma's pioneering work in AI security, engineering judgment, and the future of trustworthy systems In the high-stakes world of enterprise AI, the gap between a promising prototype and a production-ready system is vast, and it's where careers are made and broken. Few understand this chasm better than Harsh Verma, Principal …
The European Commission's recent €890m fine against Google is a major step up in efforts to define the limits of digital market dominance. This new sanction comes as part of the EU's lengthy list of penalties, but in this case it's a big trial of the success or failure of the Digital Markets Act, the …
Samsung Electronics has introduced its latest generation of foldable smartphones at its London Unpacked event, featuring a wider, passport-sized device and price increases across the line as the company navigates rising memory chip costs and the looming entry of Apple into the foldable market. The South Korean tech giant unveiled three Galaxy Z foldable models …
Google has successfully switched on a new transatlantic subsea cable linking Portugal's port of Sines to the United States, marking an important step in the evolution of global digital infrastructure. The Nuvem cable system is so named because it is a Portuguese term for "cloud," and it serves as an important data communication path between …
The state of Tennessee is preparing to face Meta Platforms in a landmark trial that centers on allegations the company deliberately engineered Instagram to be addictive, contributing to a youth mental health crisis. Jury selection begins Monday in Nashville, setting the stage for a seven-week legal battle that could reshape how social media platforms operate …
The users of the flagship social media applications of Meta Platforms, Facebook and Instagram, faced major service disruptions on Sunday as thousands of people in several regions were facing troubles accessing both mobile and web versions of the platforms. The disruptions started during early morning hours in Asia and lasted throughout the afternoon on the …
It marks a change from a previous ban by the United States Department of Justice that has been in effect since 2022. The memorandum, which was sent to President Donald Trump and made public on Friday, is a major change of tack from the federal government on the popular social media platform, owned by the …
The technology industry's status quo is shifting, and Apple has become the world's most valuable company, surpassing Nvidia, a major milestone that highlights the changing investor attitude towards AI. The change took place on Friday, when Apple's stock value was valued at around $4.88 trillion, and Nvidia's market capitalization was valued at around $4.86 trillion …
The European Union's highest judicial authority delivered a significant ruling on Thursday that could reshape the legal landscape for social media platforms across Europe, determining that Google cannot claim blanket immunity from liability for videos uploaded to YouTube by content creators with whom it maintains commercial partnerships. The judgment from the Court of Justice of …
The Chinese artificial intelligence landscape witnessed a significant milestone this week as regulatory filings revealed that DeepSeek, the Hangzhou-based AI startup that has captured global attention, is now valued at approximately 350.88 billion yuan, or $51.82 billion. This valuation emerges from a stock exchange disclosure by Anhui Korrun, a Chinese luggage manufacturer, which detailed its …
Chinese artificial intelligence startup DeepSeek is preparing to launch a fresh fundraising round at a valuation of approximately 500 billion yuan ($74 billion), setting the stage for a potential initial public offering on Shanghai's STAR Market, according to sources familiar with the matter. The ambitious move comes just weeks after the Hangzhou-based company secured about …
