Samsung Achieves Remarkable Profit Surge, Stocks Soar Amid Global Semiconductor Revival
In a striking turn of events, Samsung Electronics Co. has catapulted its quarterly profits to unprecedented heights, showcasing its resilience and dominance in the global semiconductor market. The tech behemoth reported a staggering 15-fold increase in operating profit,...
Threads Reaches 175 Million Users on First Anniversary
Threads, Meta’s alternative to X (formerly Twitter), has reached 175 million monthly users a year after its unexpected launch.“What a year,” Meta CEO and Facebook founder Mark Zuckerberg said Wednesday on Threads, announcing the platform had reached the...
Google Faces Emissions Challenge as AI Usage Escalates
Google’s greenhouse gas emissions in 2023 were 48% higher than in 2019, according to its latest environmental report. The tech giant attributes this significant rise to the increasing amounts of energy needed by its data centres, exacerbated by the explosive growth of...
The Patents Powering BYD: How Wang Chuanfu’s Innovations are Shaping the Future
At the headquarters of BYD Co. in Shenzhen, there’s a wall crammed floor to ceiling with about a thousand framed patents representing more than 30,000 innovations the electric-vehicle maker’s billionaire founder, Wang Chuanfu, and his army of engineers have devised.A wall...
Amazon Joins Elite Club: Surpasses $2 Trillion Valuation
Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever as an artificial intelligence-fueled rally pushed the tech giant deeper into record territory. Shares rose 3.9% on Wednesday to close at $193.61, driving the market value to over $2 trillion....