The European Commission has expressed concerns over Amazon's proposed acquisition of iRobot, citing potential implications for competition in the robot vacuum cleaner market and the strengthening of Amazon's position as an online marketplace provider. The EU regulator is conducting an investigation to determine whether access to iRobot users' data would provide Amazon with an unfair advantage in online services, including…

Intel signed a series of contracts to build semiconductor fabs in Germany, Israel and Poland, a groundbreaking move that reaffirms its commitment to Europe. These strategic investments, totaling $63 billion, demonstrate Intel's commitment to strengthening its global infrastructure and consolidating its position in the semiconductor industry. The largest investment is a $33 billion agreement to build semiconductor fabs in Germany.…

The US Supreme Court has refused to hear Genius' lawsuit against Google, thus upholding the decisions of lower courts. Genius, a web resource that publishes song lyrics under a valid license, has been trying to prove since 2019 that Google is "stealing" its work. The search engine obtains lyrics from the LyricFind service, which Genius claims is copying its lyrics…

In a surprising turn of events, Apple has witnessed a substantial increase in its global PC market share during the second quarter of 2023. This surge comes at a time when the broader PC market is grappling with declining numbers, making Apple's performance all the more remarkable. According to data from IDC, Apple experienced a year-over-year growth of 10.3%, emerging…

In a groundbreaking announcement, Toyota, the Japanese automotive giant, is set to change the electric vehicle (EV) landscape as we know it. The company has unveiled plans to introduce electric cars equipped with solid-state batteries, boasting a staggering range of up to 1,200 kilometers on a single charge and a rapid charging time of just 10 minutes. This announcement comes…

Meta, formerly known as Facebook, has revealed its latest innovation: Voicebox AI, a generative model designed to produce spoken speech based on textual inputs. This groundbreaking technology could lead to more advanced and efficient voice assistants, although Meta has not yet made the program or its source code publicly available. Voicebox AI operates on a similar model to Meta's ChatGPT…

Tech giant Intel (INTC.O) has made a surprising turnaround, posting a quarterly profit that exceeded expectations. The slump in the PC market, driven by a surge in demand during the pandemic, had led to a glut of inventories, but the situation is now beginning to stabilize. PC shipments fell only 11.5% in the June quarter, compared to the steep 30%…

In a dramatic turn of events, the value of Bitcoin has dipped below the $25,000 mark for the first time since March 17. This significant drop, catalyzed by Bitcoin's tumble of 4% in just 30 minutes on June 15, sent shockwaves through the cryptocurrency market. At the time of writing, Bitcoin hovers just above $24,985, reflecting the tumultuous journey it…

Time magazine has once again unveiled its highly anticipated list of the 100 most influential companies in the world for the year 2023. Divided into five categories - leaders, movers, innovators, titans, and pioneers - the list showcases companies that have made significant impacts across various industries. Notably, artificial intelligence (AI) startups have claimed a significant portion of the list,…

Neuralink, the company creating Elon Musk's brain-computer interface, has received U.S. Food and Drug Administration (FDA) approval to conduct human trials, marking a significant step toward combining the human brain with a computer. This development came despite ongoing scrutiny related to alleged violations of the Animal Welfare Act. Neuralink, founded in 2016, is set to revolutionize medical fields ranging from…

Intel is poised to revolutionize chipmaking with its groundbreaking PowerVia technology, a radical shift in how chips are designed and powered. Traditionally, computer chips were constructed layer by layer from the bottom up, starting with tiny transistors and adding layers of wires for power and interconnection. However, as chips have become smaller and denser, this approach has led to complex…

Apple has made a significant leap in processing power with the introduction of its highly anticipated M2 Ultra chip. Designed as the successor to the M1 Ultra, the M2 Ultra is set to revolutionize personal computing. This powerful processor will be featured in the updated Mac Studio mini-PC and the refreshed Mac Pro desktop, solidifying Apple's commitment to delivering cutting-edge…

In a bid to redefine the boundaries of computational prowess, IBM is setting its sights on an extraordinary goal – building a quantum computer boasting a staggering 100,000 qubits. This ambitious endeavor is slated to unfold over the next decade, aiming to reshape the landscape of computing as we know it. Last year, IBM made headlines by achieving a breakthrough…

In a move that reflects the changing dynamics of the post-pandemic work landscape, Meta, formerly known as Facebook, has announced updates to its remote work policy for full-time employees. According to reports, starting in September, employees will be required to show up to work at least three times a week. The company aims to strike a balance between the benefits…

In a surprising revelation, Activision Blizzard CEO Bobby Kotick recently shared that his company had once considered acquiring media and entertainment giant Time Warner. This ambitious plan would have seen Activision Blizzard combining its gaming expertise with Time Warner's vast intellectual property portfolio. However, their aspirations were dashed when AT&T successfully closed the $85.4 billion deal to acquire Time Warner…