Robotic startup Figure, though less than two years old and without a commercial product, has secured significant support from influential tech industry players for its ambitious plan to introduce billions…
Tag: technology
Sony’s Gaming Layoffs
Strategic Workforce Reduction:Sony has announced plans to cut about 900 jobs in its PlayStation division, constituting approximately 8% of its global workforce. This move aligns with recent trends in the…
Scrutiny Over Microsoft’s Deal with Mistral AI
Outcry in the European Parliament:Critics within the European Parliament are expressing anger over Microsoft’s recent partnership with Mistral AI, a French artificial intelligence company. This collaboration has drawn scrutiny, especially…
Private Company Achieves US Moon Landing
Successful Lunar Touchdown A private company, Intuitive Machines, accomplished a historic feat on Thursday by executing the first US moon landing in over five decades. Despite encountering communication challenges initially,…
Tech Surge Boosts European Markets
Nvidia’s Stellar Performance Ignites Rally European markets experienced gains as tech stocks surged following Nvidia’s impressive quarterly results, propelling Wall Street to yet another record high. Nvidia’s stock price skyrocketed…
TikTok’s Initiative: In-App Election Centers to Combat Fake News
TikTok, in response to the EU’s new digital service regulations, has unveiled plans to establish in-app election centers for all 27 EU countries. This initiative aims to curb the dissemination…
Limited Implementation of Huawei, ZTE Ban Across EU
The European Commission’s data reveals that only ten EU member states have thus far implemented restrictions on telecom suppliers considered high risk, such as Huawei and ZTE, in their 5G…
SpaceX Denies Allegations of Selling Starlink Terminals to Russian Army
Elon Musk’s Firm Dismisses Accusations Elon Musk, the entrepreneur behind SpaceX, refuted claims that his company has been selling Starlink terminals to Russia. He adamantly denied these allegations, emphasizing that…
Arm’s Share Price Soars
Arm, the UK-based chipmaker, has experienced a significant surge in its share price, nearly doubling since it announced its earnings last week. The company’s shares closed at $148.97 on Monday,…
Judge Orders Elon Musk to Testify Again
Elon Musk, CEO of Tesla and SpaceX, has been ordered by a judge to testify for the third time in the Securities and Exchange Commission’s (SEC) investigation into his acquisition…