ASML, a Dutch firm specializing in semiconductor manufacturing equipment, reported second-quarter earnings that exceeded expectations. This surge in profits can be attributed to the growing interest in artificial intelligence chips, which are driving up demand for ASML’s critical technology. Net sales for the quarter reached 6.24 billion euros, surpassing the 6.03 billion euros that was
Enterprise
Craig Wright, an Australian man who gained notoriety for claiming to be the inventor of Bitcoin, is now facing serious legal trouble. Recently, the British High Court Judge James Mellor referred a case against Wright for alleged perjury. Judge Mellor raised concerns about Wright’s claims of being the creator of Bitcoin, known as Satoshi Nakamoto,
Apple’s announcement of Apple Intelligence, an AI service that will revolutionize the way users interact with their iPhones, has garnered much attention. This feature, set to be released this fall, promises to answer questions intelligently, control your iPhone, and even generate images. With the beta version of Apple Intelligence scheduled to launch this summer, users
The integration of artificial intelligence (AI) into the food industry is not just a passing trend; rather, it is a strategic investment aimed at reshaping the way businesses operate. Not only is AI revolutionizing the tech sector, but it is also making significant inroads in the food industry. This transformation is evident in the proliferation
The recent surge in the price of bitcoin has sparked a wave of investment in crypto companies such as Coinbase, MicroStrategy, and Riot Platforms. Following bitcoin’s rally to a two-week high, investors have shown renewed interest in the cryptocurrency market. The price of bitcoin has been on an upward trend since the attempted assassination of
In a surprising turn of events, Elon Musk took to social media to express his full endorsement of former President Donald Trump after an alarming incident at a rally in Pennsylvania. Musk, the CEO of Tesla and SpaceX, posted on his platform that he hopes for Trump’s rapid recovery after he was rushed off stage
In recent years, the landscape of space travel has evolved significantly, with numerous companies venturing into the realm of commercial space tourism. Giants like SpaceX, Blue Origin, and Virgin Galactic have made headlines for successfully transporting paying customers into space. However, a new wave of companies is now entering the scene, offering unique experiences for
Small businesses like Brandon Fishman’s VitaCup coffee brand face significant challenges when running promotional sales on platforms like Amazon. The story of Fishman losing the buy box due to a lower price on Target’s platform highlights the ruthless competition and consequences of pricing discrepancies across e-commerce platforms. This situation puts small businesses at a disadvantage
Samsung has been facing tough competition in the Chinese smartphone market from local players like Huawei and Xiaomi. With a market share of less than 1%, Samsung is looking to regain its foothold in China by developing its suite of artificial intelligence features known as Galaxy AI specifically for the Chinese market. TM Roh, head
The European Union antitrust regulators recently announced their decision to accept commitments from Apple regarding access to its tap and go payments technology by rivals, thereby concluding a four-year investigation. This decision was made in response to concerns that Apple may have been illegally restricting competition in mobile wallets on iPhones. The EU formally launched