The recent announcement from the U.K.’s Competition and Markets Authority regarding Vodafone’s proposed merger with rival CK Hutchison has stirred up quite a bit of controversy in the telecommunications industry. The regulatory body has expressed concerns about the potential impact of this merger on competition, consumer prices, and the overall environment for mobile virtual network
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Elon Musk’s pioneering startup, Neuralink, made history by live-streaming a video showcasing a patient using the company’s brain implant to manipulate a computer mouse and play chess. This groundbreaking technology aims to assist individuals with severe paralysis in controlling external devices solely through neural signals. The first human recipient of Neuralink’s device, Noland Arbaugh, provided
The recent announcement from the White House regarding Intel being awarded up to $8.5 billion in CHIPS Act funding signifies a major move by the Biden administration to bolster semiconductor manufacturing within the United States. In addition to this initial funding, Intel has the potential to secure an additional $11 billion in loans from the
Ledger, a prominent crypto wallet maker, is gearing up to release its highly anticipated hardware wallet known as Ledger Stax in May. This innovative product was designed by Tony Fadell, the mastermind behind the creation of the iPod. The Ledger Stax was first introduced in 2022, following a significant drop in crypto prices triggered by
Nvidia’s CEO, Jensen Huang, recently revealed that the company’s next-generation graphics processor for artificial intelligence, known as Blackwell, will come with a hefty price tag ranging from $30,000 to $40,000 per unit. Huang highlighted the innovative technology behind the chip, emphasizing that Nvidia had to invest approximately $10 billion in research and development to bring
Alphabet shares saw a significant increase of 5.5% in early premarket trading following reports that Apple is considering licensing Google’s Gemini AI tools for future iPhones. Gemini offers a suite of generative AI tools, including chatbots and coding assistants. Apple’s interest in integrating Gemini into their iPhones showcases the growing importance of artificial intelligence in
India has set its sights on becoming one of the top five semiconductor producers in the world within the next five years, according to Ashwini Vaishnaw, the minister of electronics and information technology. This ambitious goal comes as global value chains in the chip industry become increasingly complex. With Taiwan currently holding the largest share
Norway has become a global leader in electric vehicle (EV) adoption, with a remarkable 82% of new cars sold in 2023 being electric. This impressive rate of adoption can largely be attributed to the generous subsidies offered by the Scandinavian country to EV owners, as well as its significant investment in charging infrastructure. These crucial
Reddit, a platform known for its user-generated content and online forums, has recently come under scrutiny from the Federal Trade Commission (FTC) regarding its data-licensing business. The company’s attempt to monetize its data through the training of artificial intelligence systems has raised concerns about privacy, intellectual property, and regulatory compliance. The FTC’s non-public inquiry into
Tesla, the electric vehicle maker, recently settled a racist discrimination lawsuit with a former employee, Owen Diaz. Diaz, a Black man who worked as an elevator operator at Tesla’s Fremont, California factory in 2015, had initially been awarded $3.2 million in damages by a federal jury. However, the terms of the settlement reached between Diaz