by Jennifer George | September 4, 2024 | News, Stocks & Bonds, Technology, Trending Now
When Nvidia’s stock price plummeted by 9.5% on Wednesday night, shockwaves were felt in financial markets worldwide. In a major Wall Street sell-off, the semiconductor giant shed $279 billion in value, which marked the biggest one-day market capitalization drop...
by Jibran Munaf | September 4, 2024 | Technology
Generative AI (GenAI) is rapidly becoming a transformative force in Saudi Arabia, with the potential to significantly reshape multiple industries across the Kingdom. According to a new report from Strategy& Middle East, a member of the PwC network, early adopters...
by Jennifer George | September 3, 2024 | Industry, Technology
According to a recent post by Huawei on Weibo, the Chinese contender to Apple announced plans to hold a product launch event this month just hours after Apple’s annual iPhone reveal. The Huawei launch is scheduled for 10th September at 2:30 p.m. Beijing time....
by Vasu Jit Kalia | September 2, 2024 | Industry, Technology
BYD, Chinese electric car giant has sold a record number of passenger vehicles in August, with sales of hybrids growing faster than those of battery-only cars. As per the company sources, the August sales rose by 30% year-on-year to 370,854 passenger cars. Its sales...
by Jibran Munaf | September 1, 2024 | Technology
Hotels are increasingly moving towards digital keys accessible via smartphone apps like Apple Wallet and Google Wallet, which could eventually make traditional plastic room keys obsolete. This shift is driven by the demand for more convenient and secure options,...
by Jibran Munaf | August 31, 2024 | Technology
Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani has announced the launch of the “Jio AI-Cloud Welcome Offer,” which will provide Jio users with up to 100 GB of free cloud storage. This initiative, set to roll out around...
