Google is revolutionizing the cloud computing industry with its latest innovation – a custom-built Arm-based server chip. This move is a strategic attempt by Google to make cloud computing more affordable and competitive in the market. At the Cloud Next conference in Las Vegas, Google announced that the new processor will be available later in
Enterprise
In a tragic incident back in 2018, Walter Huang, an Apple engineer and father of two, lost his life after his Tesla Model X SUV, with Autopilot features activated, crashed into a highway barrier near Mountain View, California. The National Transportation Safety Board (NTSB) conducted an investigation and concluded that Tesla's technology played a role
In a recent interview with CNBC, Brad Garlinghouse, the CEO of blockchain startup Ripple, made a bold prediction regarding the future of the cryptocurrency market. Garlinghouse stated that he sees the combined market capitalization of the entire crypto market reaching $5 trillion by the end of this year. This prediction is based on a number
Meta shares saw a significant increase in value on Thursday, reaching an intraday record high. This surge came after analysts at two firms raised their price targets on the stock, highlighting their optimism about the company's expanding market share in the digital advertising space. Despite an initial climb of 4.6% to reach $530, the stock
The issue of depreciation has long plagued the automotive industry, with cars losing their value as soon as they are driven off the lot. However, the depreciation rates for electric vehicles (EVs) are taking this concept to a whole new level. According to a recent study conducted by iSeeCars.com, the average price of a 1-
In a recent development, Spotify's shares surged by 6% following reports that the company is planning to raise prices for its premium subscription service. The American music streaming giant intends to implement this price increase in multiple markets, including the United States. This marks the second time in a year that Spotify is revising its
Tesla has just released its first-quarter vehicle production and deliveries report for 2024. The key numbers from the report are as follows: – Total deliveries Q1 2024: 386,810 – Total production Q1 2024: 433,371 – Shares dropped 7% in premarket trading Although Tesla does not provide a detailed breakdown of sales by model, the report
Samsung is considering incorporating generative artificial intelligence technology into its voice assistant Bixby, according to a senior executive within the company. This move aims to make Samsung devices more appealing to users and to keep up with the advancements in AI technology. Bixby was launched in 2017 with the Samsung Galaxy S8 smartphone, offering various
AT&T recently made headlines for a data breach incident that occurred two weeks ago, resulting in the exposure of millions of customers' data on the dark web. The company is currently conducting an investigation to get to the bottom of this security breach. The impact of this breach is significant, with 7.6 million current users
The market for electric vehicles (EVs) in Europe has seen a significant shift in recent years, with China-made electric vehicles making up more than a quarter of EV sales in the region this year. This marks an increase of over 5% from the previous year, according to a new policy analysis. The European Federation for
The Financial Conduct Authority (FCA) in Britain recently announced guidelines for financial services companies and social media influencers regarding the use of memes in promoting cryptocurrencies and other investments. The FCA emphasized that all marketing content, including memes, should be fair, clear, and free from misleading information. This move by the FCA aims to address
Andy Bechtolsheim, a prominent figure in the tech industry as the co-founder of Sun Microsystems and Arista Networks, recently reached a settlement with the SEC on insider trading charges. The settlement will cost him close to $1 million and will result in him being barred from serving as a public company officer or director for
Bitcoin made a significant jump at the start of the final week of March, reclaiming the $70,000 mark. The surge in price was notable, with the leading cryptocurrency climbing by approximately 7% to reach $70,617.68. Alongside Bitcoin, Ether also experienced a 7% increase, reaching $3,621.30. This upward trend was not limited to just the top
After a prolonged period of drought in the tech IPO market on Wall Street, this week marked a significant breakthrough with the market debuts of Reddit and Astera Labs. These two companies, although operating in different sectors of the technology industry, were the first prominent venture-backed tech firms to go public in the U.S. since