Chipmaker Intel Corp forecast second-quarter revenue and profit below Wall Street expectations on Thursday on worries of weak demand in its largest market, PCs, and increased supply-chain uncertainty due to COVID-19 lockdowns in China. Shares of the company fell 5 percent in after-market trading. Rising inflation, resurgence of COVID-19 in China and uncertainties around the […]
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Shares in Robinhood Markets Inc, the brokerage at the center of last year’s retail trading frenzy, slipped to a record low on Thursday after it posted a 43 percent fall in first-quarter revenue and a decline in monthly active users. Shares of the Menlo Park, California-based firm dropped more than 12 percent to $8.83 in […]
Mercedes-Benz will use embedded Faurecia-Aptoide technology to power navigation and other vehicle infotainment functions in a crucial win for the app provider against Alphabet Inc’s Google and other technology firms to control car dashboards. The companies said on Thursday that under a multi-year partnership, from 2023 the joint venture between auto supplier Faurecia and independent […]
Planet Earth, a captivating and bountiful big blue marble, roaming in space. A Terra we call home. Yet, as humans, we tend to have detrimental and catastrophic environmental effects in ways exceeding expectations on our homeland. Effects that elicited disastrous climate issues and urbanization are one of them. This issue prompted the creation of intelligent […]
Almost one if every 100 starups usually fail to take off. NFT projects are no different, except that number actually jumps up concerningly. For every Bored Ape or Crypto Punk there are hundreds of failed NFT projects that never saw the light of day or fizzled out into obscurity. What are the common denominators that […]
Climate change has become an urgent issue in the last decade as alarming numbers have emerged, forecasting some catastrophic consequences on humanity as a whole. Carbon dioxide, a heat-trapping gas released from irresponsible human activities such as deforestation and excessive fossil fuel usage, has reached an all-time high of 417 parts per million, according to […]
Drone giant DJI Technology Co said it will temporarily suspend business in Russia and Ukraine to ensure its products are not used in combat, making it the first major Chinese firm to cite the conflict in halting sales in Russia. Ukrainian officials and citizens have accused DJI of leaking data on the Ukrainian military to […]
Computers using light rather than electric currents for processing, only years ago seen as research projects, are gaining traction and startups that have solved the engineering challenge of using photons in chips are getting big funding. In the latest example, Ayar Labs, a startup developing this technology called silicon photonics, said on Tuesday it had […]
Google’s Alphabet Moonshot factory, you can say it is something out of the ordinary, and the people working there, well, they kind of fit under the same description but with their talent. They think to give us the answers to some of the most critical questions, placing it as one of the few mind factories […]
The COVID-19 pandemic and the overtake of digital transformation on all frontiers hazardously affected the supply chain of many industries, and the smartphone industry is one of them. With the speedy technological development, everyone has built this craving to have the thinnest, fastest, latest, and smartest phones. But what do we really know about the […]