In a major move that signals a significant shift in the global semiconductor industry, SK Hynix has announced its plans to invest $3.87 billion in its first chip packaging facility in the U.S. This decision comes as part of SK Hynix’s efforts to strengthen supply chain resilience and develop a local semiconductor ecosystem in the
Enterprise
Uber Eats is taking a giant leap into the future by partnering with Waymo to bring autonomous deliveries to the Phoenix metropolitan area. This new service, set to launch this week, is a significant milestone in the collaboration between Uber and Waymo, marking a new era of innovation in the food delivery industry. This partnership
In a recent report published by Tesla for the first quarter of 2024, it was revealed that the total deliveries of vehicles fell by 8.5% compared to the same period last year, and by about 20% from the fourth quarter. This decline is significant and has raised concerns among investors and analysts about the future
Voice assistants have come a long way since their inception, with Samsung’s Bixby being one of the key players in the market. Launched in 2017 with the Galaxy S8 smartphone, Bixby offered a range of functions such as live translations and restaurant recommendations. However, traditional voice assistants have been limited in their conversational abilities, primarily
AT&T recently announced that it is currently investigating a data breach that occurred two weeks ago. The breach resulted in the publication of millions of customers’ data on the dark web, a hidden part of the internet that can only be accessed through special software. As a response, the company has reset the passcodes of
The latest policy analysis reveals that China-made electric vehicles are poised to capture a significant portion of the EV market in Europe. Surpassing a quarter of EV sales this year, the country’s market share is expected to increase by more than 5% compared to the previous year. In 2020, approximately 19.5% of battery-powered EVs sold
The Financial Conduct Authority (FCA) in the UK recently announced new guidelines for financial services companies and social media influencers regarding the use of memes in promoting cryptocurrencies and other investments. This move comes as a response to the rise in financial scams, particularly in the cryptocurrency industry. According to the FCA, any marketing for
Andy Bechtolsheim, co-founder of Sun Microsystems and Arista Networks, recently settled insider trading charges with the SEC that will cost him nearly $1 million. The charges stem from Cisco’s acquisition of Acacia Communications in 2019. According to the SEC, Bechtolsheim confidentially learned of the impending acquisition on July 8, 2019, and traded options of Acacia,
In the world’s largest EV market, China, Tesla is facing tough competition from domestic automakers, with Warren Buffet-backed BYD leading the pack. BYD dethroned Tesla as the world’s top EV maker in the fourth quarter of 2023, signaling a shift in the dynamics of the electric vehicle industry. Founded by Wang Chuanfu, BYD initially focused
Bitcoin made a significant spike to kick off the final week of March, surging past the $70,000 mark. The leading cryptocurrency climbed by 7% to reach $70,617.68, as reported by Coin Metrics. Joining the rally, Ether also saw a 5% jump to $3,575.01. The positive movement in Bitcoin’s price influenced a rise in various other