AI Takes Center Stage: Time Magazine Unveils the 100 Most Influential Companies of 2023
Time Magazine’s prestigious annual list of the 100 most influential companies in the world for 2023 is out, and it comes as no surprise that artificial intelligence startups have made their mark. In a year that has seen significant progress in AI technology, these...
Bitcoin Stumbles Below $25,000 Amidst Fed Rate Hike Anticipation
In a surprising turn of events, Bitcoin, the world’s leading cryptocurrency, witnessed a sharp decline, dipping below the $25,000 threshold for the first time since March 17. This rapid descent occurred on June 15, as Bitcoin experienced a 4% plunge in just half an...
Samsung’s New Frontier: Phones Set to Roll Out from Egypt
In a surprising yet strategic move, Samsung is diversifying its manufacturing landscape by setting up shop in Egypt. The Ministry of Communications and Information Technology in Egypt has confirmed that Samsung is on track to establish a smartphone manufacturing plant in the...
Intel’s PowerVia: A Paradigm Shift in Chipmaking
Intel, a powerhouse in the world of semiconductor technology, is poised to turn the chipmaking industry on its head with an innovative breakthrough called PowerVia. This revolutionary approach to powering chips required a complete reimagining of both chip manufacturing and...
IBM’s Ambitious Plan: A 100,000-Qubit Quantum Computer
IBM, known for its pioneering work in quantum computing, is setting its sights on an audacious goal: building a 100,000-qubit quantum machine over the next decade. This ambitious plan was unveiled at the G7 summit held in Hiroshima, Japan. IBM will collaborate with the...
Neuralink company launches brain trials despite controversy
In a groundbreaking move, the US Food and Drug Administration (FDA) has given the nod for Neuralink, Elon Musk’s brainchild, to embark on human trials of its revolutionary brain-computer interface (BCI). This decision comes amid ongoing investigations into allegations...
Meta’s Workplace Revamp: Full-Time Employees Required in Office at Least Three Days a Week
Meta, formerly known as Facebook, is implementing changes to its remote work policy for full-time employees. According to reports received by employees on Thursday, starting in September, they will be required to work in the office at least three times a week. The company...
A Missed Synergy: Bobby Kotick Laments Activision Blizzard’s Lost Opportunity with Warner Bros. and HBO
In a surprising revelation, Bobby Kotick, the CEO of Activision Blizzard, recently disclosed that the company had aspirations to acquire Time Warner, the media and entertainment giant that is now Warner Bros. Discovery. Kotick revealed that if AT&T’s $85.4 billion...
NVIDIA’s Soaring Journey Faces Turbulence: Investors Wary of AI’s Overvaluation
In a sharp turn of events, NVIDIA, the technology giant heralded for its advancements in artificial intelligence, faced its steepest one-day stock drop since January, losing 5.7% of its valuation just a day after crossing the monumental $1 trillion mark. While the...
NVIDIA’s Soaring Valuation Faces Reality Check: Record Single-Day Plunge Sparks Concerns Over AI Appraisal
NVIDIA, a formidable contender in the realms of semiconductors and artificial intelligence, grappled with its most significant one-day stock drop just a day after reaching a historic pinnacle with a $1 trillion valuation. On Wednesday, NVIDIA’s shares nosedived by 5.7%,...