by Jennifer George | July 18, 2024 | Industry, Technology
Dubai is often referred to as an entrepreneur’s hub. With its strategic geographical access to the East and the West coupled with a thriving startup ecosystem, Dubai has risen the ranks as an ideal destination to experiment and innovate in the tech sector. As a...
by Jennifer George | July 18, 2024 | Industry, News, Stocks & Bonds, Technology, Trending Now
As global demand for AI chips skyrockets in 2024, TSMC has emerged victorious. Earlier this month, Taiwan Semiconductor Manufacturing Company exceeded revenue and profit projections in Q2, raising $247.85 billion in net income and $20.82 billion in revenue. The surge...
by Vasu Jit Kalia | July 18, 2024 | Technology
Seoul, July 18 (IANS) Samsung said on Thursday it has acquired the British artificial intelligence (AI) and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities. The South Korean tech giant did not disclose...
by Jennifer George | July 16, 2024 | Industry, News, Technology, Trending Now
As Q2 comes to a close, Samsung Electronics’ semiconductor sales division could overtake its long-standing rival chip foundry, TSMC, after nearly two years. Samsung’s dampened sales in the market were fueled by the global economic slowdown in the second...
by Jennifer George | July 11, 2024 | News, Stocks & Bonds, Technology
Wall Street’s ‘Magnificent Seven’, comprised of seven of the S&P 500’s most promising large-cap tech stocks, is leading the longest rally in 2024. The S&P 500 gained for the seventh day in a row to notch its 37th record high of 2024....
by Jennifer George | July 11, 2024 | Industry, News, Technology
Upon introducing Apple Intelligence at the Worldwide Developers Conference (WWDC), the tech giant is gearing up for a strong close to 2024. Apple (AAPL) has alerted its supply chain partners to expect a 10% surge in iPhone 16 sales compared to those in 2023. A report...
