In a significant blow to tech giant Apple, the U.S. International Trade Commission (ITC) has rejected the company's bid to delay the ban on sales of the Apple Watch Series 9 and Apple Watch Ultra 2. The ban stems from an October ruling stating that the watches' SpO2 sensors infringe on patents owned by medical device maker Masimo. Apple, which…
Apple Inc. is intensifying the production of its highly-anticipated mixed-reality headset, Vision Pro, with an eye on a February launch, insiders reveal. Manufacturing is in full swing in Chinese facilities, targeting the completion of customer-bound units by end-January and a subsequent retail debut the following month. In anticipation of the imminent release, Apple dispatched emails to software developers urging preparedness…
Microsoft's decision to end support for its Windows 10 operating system may contribute to the disposal of approximately 240 million PCs, raising concerns about increased electronic waste, reports Canalys Research. Although many PCs may continue to function for several years beyond the end of OS support, Canalys cautions that demand for devices lacking security updates could diminish. Owners may find…
Volkswagen Group, home to automotive giants like Audi and Porsche, has officially announced its commitment to adopting Tesla's North American Charging Standard (NACS) for electric vehicle (EV) charging. This follows similar decisions by Ford and GM, solidifying NACS as a universal charging standard. VW Group is currently developing an adapter solution to enable existing EV owners to access Tesla's extensive…
JP Morgan, known for its financial foresight, has made a daring prediction in the crypto realm, asserting that Ethereum (ETH) will surpass Bitcoin (BTC) in 2024. This surprising forecast comes in the midst of the industry's cautious outlook for the upcoming year and despite Bitcoin's imminent halving event, which traditionally impacts its circulation. JP Morgan's analysts attribute their prediction to…
IBM has announced a strategic move to acquire Software AG's enterprise integration platforms, StreamSets and webMethods, in a €2.13 billion deal. This acquisition aims to fortify IBM's capabilities in artificial intelligence (AI) and hybrid cloud solutions. The StreamSets and webMethods platforms, integral components of Software AG's Super Ipaas business, offer robust functionalities such as application integration, API management, and data…
Dutch chip equipment manufacturer ASML and tech giant Samsung Electronics have committed a substantial $760 million investment to establish an advanced semiconductor manufacturing plant in South Korea. The announcement unfolded during South Korean President Yoon Sook-Yeol's four-day diplomatic visit to the Netherlands, signaling a pivotal move toward fostering a robust "semiconductor alliance" between the two nations, as reported by CNBC.…
Bitcoin, the leading cryptocurrency, has soared to $41.5 thousand, igniting optimism among industry leaders who foresee a remarkable "bullish" trend. Analysts are now speculating that Bitcoin has the potential to reach unprecedented heights, surpassing $100,000 by the close of 2024. With a remarkable 150% surge in the past year, Bitcoin has weathered challenges ranging from coin crashes to legal trials.…
Short-form video platform TikTok has emerged as a financial powerhouse, with users collectively shelling out a staggering $10 billion on the platform. This achievement positions TikTok as the first non-gaming mobile application to reach such a remarkable spending milestone, standing toe-to-toe with industry giants in the mobile gaming realm. Data.ai's recent report reveals that TikTok, boasting over 1 billion monthly…
Google has officially rolled out Gemini, its highly-anticipated and formidable generative artificial intelligence model. Contrary to recent rumors of delays, the tech giant has initiated the release, unveiling Gemini as its most robust AI model yet, primed for advanced multimodal reasoning. Gemini offers versatility with three distinct use cases – Ultra, Pro, and Nano – adaptable to various platforms, from…
Elon Musk personally handed over the first Tesla Cybertruck units to select customers, including Reddit co-founder Alexis Ohanian and venture capital fund founder Philippe Sarofim. The glitzy event, broadcast in typical Tesla style, marked the culmination of six years since Musk's initial vision and four years since the futuristic pickup's debut. However, the Cybertruck's price has escalated since Musk's 2019…
iRobot, renowned for its Roomba vacuum cleaner, witnessed a staggering 17% drop in shares following a stern warning from the European Union's antitrust regulator regarding Amazon's proposed $1.7 billion acquisition. The European Commission, engaged in an in-depth investigation since July, aims to finalize its decision on the deal by February 14. Expressing preliminary concerns, the commission asserted that the acquisition…
Internal documents obtained by The New York Times reveal that Twitter is on track to lose a staggering $75 million in advertising revenue by the end of the year. The documents, sourced from Twitter's Salesforce X, highlight the impact of over 200 ad campaigns, including those from major players like Airbnb, Amazon, Coca-Cola, and Microsoft, many of which have either…
The European smartphone landscape witnessed an 11% contraction in the third quarter of 2023, marking the lowest sales since 2011, according to Counterpoint Research. Amidst this downturn, Realme faced the steepest decline, while Apple's iPhone sales dipped only slightly, surpassing Xiaomi. Notably, Honor emerged as the sole player in the top five to exhibit growth. In Western Europe, a marginal…
Harman, the audio electronics powerhouse under Samsung's ownership, has announced the acquisition of the Roon audio platform. Roon stands out as a versatile platform that allows seamless music playback across multiple devices in different rooms, transcending brand barriers. Harman, synonymous with renowned audio brands like AKG, dbx, JBL, and Soundcraft, operates globally and has been under Samsung's umbrella since 2017.…
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