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Intel CEO predicts chip shortage to last till 2023

It appears that the global chip shortage is here to stay, or at least till 2023. Intel’s CEO Pat Gelsinger warns of supply and demand shortage continuation till 2023 following the semiconductor manufacturer’s quarterly report highlighting a drop in 2021 revenue. “We’re in the worst of it now; every quarter next year, we’ll get incrementally […]

Consumer watchdog to probe Big Tech payment systems

In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function. Apple Pay, Google Pay and other payment systems created by big tech companies now dominate large portions of e-commerce and person-to-person payments. CFPB Director […]

IBM brings $17.79 billion for Q3 revenue

IBM released on Wednesday its third-quarter (Q3) revenue report, revealing the hardware company’s rise in cloud unit, faced with a drop in IBM Z Power systems. The hardware computer mogul reported a non-generally accepted accounting principle (GAAP) of $2.52 earnings per share (EPS) revenue, resulting in $17.6 billion, with a 1 percent rise Year-over-Year (YoY). Non-GAAP […]

Amazon to deliver third-party sellers with users’ data

Amazon announced on Wednesday news of a new tool that could help third-party sellers retrieve data, to better predict shoppers’ demands to create products that accommodate the market’s needs.  Amazon Product Opportunity Explorer will provide retailers with the opportunity to gain access to data and the latest trends to assist in identifying opportunities to market […]

Trump announces launch of his very own social media site

Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he’s launching a new media company with its own social media platform. Trump says his goal in launching the Trump Media & Technology Group and its “Truth Social” app is to […]

Facebook to refurbish its image with a rebrand

Facebook announced on Tuesday plans to rebrand its image by changing its name to mirror the tech giant’s recent emphasis on creating its metaverse, according to The Verge.  Mark Zuckerberg is planning to change the social networking company’s name, with the new label will be announced next week at the company’s annual Connect conference on October […]

Facilitating lives with Get You Go Robot

The Northern European company, Get You Go, based in Latvia, is one of the many startups that stamped its presence during Dubai’s tech fête. Specializing in operational solutions, Get You Go displayed a robot that not only entertained people during the event but holds a much deeper functionality than what meets the eye. A small […]

Airvolute Drone to enhance warehouse scan swaps human interference

In a series of GITEX robotics creations, Airvolute, a Slovakia-based business, displayed its latest drone in GITEX Global week. The autonomous invention is designed to support indoor applications and is fully functional with or without GPS.For instance, Airvolute’s drones will assist businesses by simplifying indoor scanning processes by scanning any closed and confined warehouse without […]