LVMH Faces Setback as First-Quarter Sales Dip 5% Luxury conglomerate LVMH, the powerhouse behind iconic brands like Louis Vuitton and Dior, recently encountered a stumbling block as its first-quarter sales in fashion and leather goods took a surprising downturn. The 5% decline not only missed projections but also raised concerns among industry analysts and investors […]
Alligator-9: Ukraine’s sea demon drone fries enemy robot drones with laser fire
Alligator-9: Ukraine’s Sea Demon Drone Fries Enemy Robot Drones with Laser Fire To improve its unmanned maritime capabilities, Ukraine has developed a new multi-role naval drone that is setting a new standard in autonomous defense systems. The Alligator-9, aptly named for its fierce capabilities, is a game-changer in modern warfare, particularly in its ability to […]
Microsoft users at risk from tax-themed cyberattack
Microsoft Users Beware: Tax-Themed Cyberattack Puts Your Data at Risk As the tax season approaches, cybercriminals are stepping up their game with a new sneaky tactic that targets Microsoft users. This alarming scam involves sending urgent tax reminders along with malicious QR codes, aiming to deceive unsuspecting individuals into surrendering their Microsoft passwords. With the […]
Price Hike on Shein? How Trump Tariffs Could Shift the US’s Love of Fast Fashion
Price Hike on Shein? How Trump Tariffs Could Shift the US’s Love of Fast Fashion The landscape of fast fashion in the United States is facing a potential shake-up as the Trump administration’s tariffs on Chinese goods threaten to disrupt the affordability and accessibility of popular brands like Shein. With the closure of the de […]
Alphabet invests big in AI and data centres
Alphabet’s Strategic Investment in AI and Data Centers: A Game-Changer for the Tech Industry Alphabet, Google’s parent company, has been making significant waves in the tech industry with its recent hefty investments in artificial intelligence (AI) and data centers. CEO Sundar Pichai himself dubbed AI as the most substantial opportunity in technology, and Alphabet is […]
This Week: What’s LVMH’s Take on Tariffs?
This Week: What’s LVMH’s Take on Tariffs? As one of the leading luxury conglomerates globally, LVMH’s insights into the impact of tariffs on its earnings will undoubtedly offer valuable perspective on the current state of the luxury goods market. With the ongoing economic uncertainties and trade tensions affecting various industries, including the luxury sector, all […]
Korean scientists achieve 23.64% efficiency with lift-off perovskite tandem solar cell
Korean Scientists Reach Remarkable 23.64% Efficiency with Lift-Off Perovskite Tandem Solar Cell Scientists from Korea Institute of Energy Research (KIER) have announced that their new tandem solar cell has achieved a groundbreaking efficiency of 23.64%. This remarkable feat marks a significant advancement in solar cell technology, bringing us one step closer to harnessing cleaner and […]
AI boom drives TSMC revenue surge
AI Boom Drives TSMC Revenue Surge Despite facing disruptions caused by a recent earthquake, Taiwan Semiconductor Manufacturing Company (TSMC) has reported a remarkable increase in revenue. In the first quarter of the year, TSMC’s revenue surged by over 41 percent compared to the previous year, showcasing the company’s resilience and adaptability in the face of […]
US high school student’s AI identifies 1.5 million previously unknown space objects
A high school student from the US has discovered a whopping 1.5 million cosmic objects through the power of Artificial Intelligence (AI). This remarkable feat not only showcases the potential of young minds in the field of astronomy but also highlights the significant role that technology plays in advancing our understanding of the universe. The […]
China automaker’s hybrid EV offers 1,000 miles total range with lithium ion battery
China Automaker’s Hybrid EV Offers 1,000 Miles Total Range with Lithium-Ion Battery Hangzhou-headquartered Chinese automaker Geely has started pre-sales for its plug-in hybrid sedan, the Galaxy Starshine, showcasing the brand’s commitment to innovation and sustainability in the automotive industry. The Galaxy Starshine is not just any ordinary hybrid electric vehicle; it boasts an impressive total […]