Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) reported a 34.7 percent rise in third-quarter revenue on Thursday, missing estimates, and warned investors about the impact of export controls from the United States. The company generated revenue of $1.91 billion in the quarter, up from $1.42 billion in the same period a year earlier but […]
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Meta’s share price is collapsing, and the social media giant is on a major downturn. The thus far ruling social media giant of our time, the owner of Instagram, Facebook, and WhatsApp, is experiencing the worst 2 consecutive quarters of its existence. The Meta stock has collapsed and users are still fleeing the platforms, meanwhile […]
Green earth technologies have been around for the past two decades. The journey towards a greener and safer tomorrow has begun way before the recent traction. Recent global events have added even more urgency to the matter. In 2019 the volume of investment in green tech capped at almost 9 billion dollars. By 2027 it […]
5G networks are still rolling out globally. Many regions still operate using 4G and, in some cases, 3G networks. It might seem a bit early to talk about 6G networks when you factor in that not everyone uses 5G. In hindsight, technology strives to push the envelope. 6G vision for 2030 will take time to […]
Crypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX’s non-U.S. unit to help cover a “liquidity crunch” at the rival exchange, in a stunning bailout that raised fresh concerns among investors about cryptocurrencies. The deal between high-profile rivals Sam Bankman-Fried, FTX’s CEO, and Binance CEO Changpeng Zhao came as speculation about FTX’s […]
Taiwan Semiconductor Manufacturing Co Ltd is preparing for another multibillion-dollar factory investment in Arizona in the United States, the Wall Street Journal reported on Wednesday, citing sources. TSMC, a major Apple Inc supplier and the world’s largest contract chipmaker, plans to announce in the coming months that it will build a cutting-edge semiconductor plant north […]
Microsoft released Windows 11, their latest operating system (OS), a year ago. In September 2022, however, they introduced a new free update, Windows 11 22h2. This update constitutes the first significant update of the new generation of Windows. It introduced a new set of features, enhancing security, productivity, and overall user experience. The new update […]
The cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets. Crypto evangelists view 2023 as a critical year for regulation, with Congress expected to make progress […]
Walt Disney Co missed Wall Street earnings forecasts on Tuesday as the entertainment giant racked up more losses from its push into streaming video, sending its shares tumbling 9 percent. The company gained more streaming customers than analysts had expected from July through September, but media investors have increasingly focused on profits over streaming subscription […]
The legacy way of running a business has stalled many business leaders. But innovation is knocking on the door, and you have to answer. Being stuck in the past can damage your business and leave you in the dust of outdated ways. In contrast, innovators are basking in the greatness of tomorrow. Decentralized tech is […]