Semiconductor Manufacturing International Corporation (SMIC) recently issued a warning about the intense competition in the chip industry following its first-quarter profit missing expectations. The company highlighted that the industry competition is becoming increasingly fierce, with pricing for commodity products following market trends. This indicates a challenging environment for SMIC and other players in the market.
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The House Committee on Homeland Security has called for Microsoft’s top lawyer, Brad Smith, to attend a hearing regarding the cyberattacks that have compromised U.S. government officials’ emails. This request highlights the increasing scrutiny that technology companies face in response to cybersecurity breaches that put national security at risk. While CEOs of other tech giants
Microsoft has long been teasing the idea of an Xbox mobile gaming store, and now it seems that the plans are finally coming to fruition. Xbox president Sarah Bond recently announced at the Bloomberg Technology Summit that the launch date for the store is set for July. This announcement brings excitement to gamers and tech
Twitter, now known as X, is revolutionizing the way advertisers create ad audiences with the introduction of AI elements. This new feature will allow advertisers to describe their target audience in simple conversational terms, such as “users who are leaders in technology”, and the AI matching system will generate a pool of the most relevant
Apple recently found itself in hot water after releasing a commercial for its new iPad Pro that sparked backlash from the creative community. The company’s vice president of marketing, Tor Myhren, issued an apology, acknowledging that Apple had “missed the mark” with the ad. This statement came after criticism from various individuals in the creative
TikTok recently announced its plans to enhance generative AI transparency by introducing new measures to help users identify content that has been modified using AI tools. The platform is collaborating with the Coalition for Content Provenance and Authenticity (C2PA) to develop a process for tagging AI-generated content uploaded from external sources. This initiative will involve
Politan Capital’s refusal to engage in a proxy fight against Masimo CEO Joe Kiani, under the condition that their two new directors are added to the board, marks a significant development in the ongoing battle for control at the company. The activist group, led by Quentin Koffey, responded to Masimo’s initial offer to appoint one
In a world where technology continues to advance at a rapid pace, the use of artificial intelligence (AI) in everyday tasks is becoming more prevalent. Joel Lewenstein, a head of product design at Anthropic, recently experienced the power of AI firsthand when he turned to Anthropic’s Claude chatbot for assistance with deciphering his irrigation system.
The recent news of Microsoft shutting down Hi-Fi Rush studio Tango and Prey’s Arkane Austin has sent shockwaves through the gaming industry. According to reports, these closures are part of a larger cost-cutting initiative that is still ongoing. This move has raised concerns about the future of other ZeniMax studios as well. Sources familiar with
In a recent report by Adweek, it has been revealed that advertisers now have the opportunity to tap into Walmart’s shopping data to target Disney’s streaming services, such as Disney Plus and Hulu. This partnership between Disney Advertising and Walmart Connect opens up new possibilities for advertisers to reach their target audiences more effectively. One