The U.S. House of Representatives passed sweeping legislation on Thursday to subsidize the domestic semiconductor industry as it competes with Chinese and other foreign manufacturers, a victory for President Joe Biden and his fellow Democrats hoping to keep their slim majority in Congress in November midterm elections. The final vote was 243 to 187, with […]
Search results for "X"
Spotify Technology SA’s Car Thing player is now a thing of the past. The world’s leading audio streaming service on Wednesday announced it would discontinue the device just five months after it became available to all users in the United States. In doing so, Spotify became the latest software technology company to stumble in an […]
Stiff competition from TikTok and Apple Inc’s privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said. At least 16 brokerages cut their price targets on Meta after the company reported its first-ever quarterly revenue drop on Wednesday, highlighting challenges faced by U.S. companies […]
In a single Internet minute, we send over 20 million texts, 200 million emails, and watch 28,000 movies. And this enormous amount of activity looks set to grow exponentially, by about 23 percent year-on-year. This means that in 2024 we will add as much data as the whole world was using in 2018. How are […]
U.S. supermodel Bella Hadid has stepped from the catwalk into the metaverse with the launch of CY-B3LLA – a collection of Non-Fungible Tokens featuring artwork based on 3-D scans of her face and body. Hadid, 25, told Reuters in an interview from New York that she was intrigued by shared virtual world environments and that […]
Those who aren’t big fans of football, or soccer, if you come from the US, will be surprised to know how much technology in football there is. No, the players aren’t going to be wearing mech suits anytime soon, although that might make things even more interesting, for the longest time, football organizers have been […]
Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales. Shares of the Menlo Park, California-based company were down about 4.6 percent in extended trading. The company said it expects third-quarter revenue to fall to […]
Facial recognition is everywhere, even if we are not aware of it. In its most abstract form, this innovation is surrounding us and keeping track of every move, fueled by one thing, face recognition technology algorithm. But can algorithms discriminate? What if algorithms used in artificial intelligence (AI) are simply beneficial as the data adopted […]
Neoen SA has won approval for its big battery in South Australia to provide inertia service to stabilise the grid, a world first for battery energy storage in the push to replace fossil-fueled generators, the French firm said on Wednesday. Neoen’s 150-megawatt Hornsdale Power Reserve uses Tesla Inc’s Megapack battery system and will now use […]
Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world’s biggest seller of online advertising may withstand a global recession better than smaller rivals. A trio of Alphabet executives sounded caution on a call with investment analysts, using “uncertain” or “uncertainty” at […]