by Jennifer George | August 29, 2024 | Industry, Stocks & Bonds, Technology
Shortly after announcing $30.04 billion in earnings on Wednesday, semiconductor giant Nvidia declared a $50 billion share buyback. This move was preceded by Nvidia’s stocks falling by 2% during regular trading, hours before the earnings report was furnished. In...
by Jennifer George | August 29, 2024 | Industry, News, Stocks & Bonds, Technology
Nvidia’s three-month revenue record of $30 billion has not managed to quell the tech stock-selling spree on Wall Street. As of this morning, Nvidia fell over 8%, despite reporting stronger than expected earnings. BREAKING: Nvidia stock, $NVDA, falls over 8%...
by Jibran Munaf | August 25, 2024 | News, Technology
Meta uncovers Iranian state-sponsored hacking group APT42 attempting to exploit Biden and Trump officials via WhatsApp. Meta announced on Friday that it has taken action against a “small cluster” of WhatsApp accounts associated with an Iranian hacking group known as...
by Jennifer George | August 20, 2024 | News, Technology
A recent report on the Digital UAE official website warned UAE residents of an uptick in mobile phone scams. According to Digital UAE, subtle changes that are often ignored by most users could be telltale signs of being hacked. These signs could include: Phone...
by Vasu Jit Kalia | August 18, 2024 | Breaking, Technology
It was a historic day in space exploration for The UAE when it launched its first SAR (Synthentic Aperture Radar) satellite for earth observation. Bayanat AI PLC (ADX: BAYANAT), a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications...
by Jennifer George | August 16, 2024 | Industry, News, Startups, Technology
Shortly after GTC 2024, Nvidia CEO Jensen Huang revealed that it costs Nvidia between $30,000 and $40,000 to produce a single unit of its most sophisticated chip offerings, the Blackwell B200. Emerging Asian AI startups are challenging Nvidia’s costs and energy...
