Belarus: Revolutionizing Energy Usage with Crypto Mining In a bid to optimize the use of surplus electricity, President Lukashenko of Belarus is championing the exploration of cryptocurrency mining as a viable solution. This strategic move comes on the heels of a comprehensive feasibility study conducted in 2021, which shed light on the untapped potential of […]
Singapore examines fraud case involving AI chip transfers
Singapore’s Investigation into Alleged Nvidia Chip Smuggling Case Raises Concerns Singaporean authorities have recently launched a thorough investigation into an alleged case of Nvidia chip smuggling to China. This incident has raised significant concerns about the potential misuse of advanced technologies, particularly in the realm of artificial intelligence (AI) chips. The implications of this case […]
Meta eyes $35 billion data centre financing
Meta Eyes $35 Billion Data Centre Financing to Meet AI Infrastructure Demand Meta, formerly known as Facebook, has recently made waves in the tech industry with its ambitious plans to invest $35 billion in data center financing. This substantial investment is strategically aimed at meeting the surging demand for AI infrastructure, reflecting Meta’s commitment to […]
Intuit expects solid Q3, but profit forecast falls short
Intuit’s AI-driven financial tools and tax season demand fuel strong revenue growth Intuit, the software company behind popular financial tools like QuickBooks and TurboTax, is gearing up for a solid third quarter performance. Despite the positive outlook, the company’s profit forecast has fallen short of expectations. Intuit’s reliance on AI-driven technologies and the seasonal peak […]
Indonesia and Apple close deal to end iPhone 16 ban
Indonesia and Apple Close Deal to End iPhone 16 Ban In a significant development that is set to reshape the tech landscape in Indonesia, Apple has struck a groundbreaking deal with the Southeast Asian nation to put an end to the ban on the iPhone 16. The ban, which had been in place due to […]
Together Group Acquires Digital Studios Imerza and Visualisation One
Together Group Acquires Digital Studios Imerza and Visualisation One In a strategic move to bolster its immersive digital experience offerings, Together Group, the parent company to Purple PR, has recently acquired two prominent digital studios – Imerza and Visualisation One. This acquisition marks a significant step towards expanding the group’s technological capabilities and solidifying its […]
EU grants €920 million to Infineon for new semiconductor facility
Europe’s Semiconductor Leap Forward: EU Grants €920 Million to Infineon for New Semiconductor Facility Europe is making a significant leap forward in the semiconductor industry with the recent announcement of the European Union granting €920 million to Infineon for the establishment of a new semiconductor facility. This strategic move not only highlights Europe’s commitment to […]
Resonac plans to pursue acquisitions after reducing borrowing
Resonac’s Strategic Move: Pursuing Acquisitions Post Borrowing Reduction In the realm of the semiconductor market, where competition is fierce and innovations are rapidly shaping the industry landscape, strategic decisions can make or break a company’s trajectory. Resonac, a key player in this sector, has recently made headlines with its decision to reduce borrowing and set […]
Chip experts nominated for Samsung’s board
Chip Experts Nominated for Samsung’s Board Samsung, a global leader in technology, has recently made headlines with its board nominations that underscore the company’s strategic focus on revitalizing its semiconductor business. The move to bring in chip experts to the board signals Samsung’s commitment to staying at the forefront of innovation in the highly competitive […]
Modi and Musk discuss technology, space, and Starlink’s India plans
Modi and Musk Discuss Technology, Space, and Starlink’s India Plans In a groundbreaking meeting of minds, Indian Prime Minister Narendra Modi and tech tycoon Elon Musk recently engaged in discussions that could potentially reshape the landscape of technology, space exploration, and internet connectivity in India. Among the myriad topics on the agenda, one that stood […]