Search results for "AI "

Thousands of red UK phone boxes to be protected from closure

Thousands of Britain’s iconic red phone boxes will be protected from removal under new rules, the U.K.’s telecommunications regulator said Tuesday. The public payphone boxes may look like obsolete relics in an age of ubiquitous smartphones, but regulator Ofcom said they can still be a “lifeline” for people in need. The regulator is proposing rules […]

Nvidia initiates plan for “Omniverse” with product launch

U.S.-based chipmaker Nvidia, announced Wednesday plans to launch its latest technology to enlarge its grip in the automotive field, by incorporating a system that would fasten the training of these vehicles. Nvidia’s “Omniverse” simulation technology revolves around delivering the needed assistance for automotive vehicles by integrating both Artificial Intelligence (AI) and the company’s software. This […]

Alphabet Inc achieves $2 trillion market valuation

Google’s custodian company, Alphabet Inc., exceeded on Monday its previous cap by hitting a $2 trillion market value, closing the trading day at $2,987 per share., according to Nasdaq. The Big Tech conglomerate surpassed last year’s market valuation by doubling its $1 trillion since January 2020. Now, in its third quarter (Q3), the tech behemoth […]

US charges 2 suspected major ransomware operators

A suspected Ukrainian hacker has been arrested and charged in the United States in connection with a string of costly ransomware attacks, including one that snarled businesses around the globe on the Fourth of July weekend, U.S. officials said Monday. Yaroslav Vasinskyi was arrested last month after traveling to Poland, according to the Justice Department, […]

Congress mandates new car technology to stop drunken driving

Congress has created a new requirement for automakers: Find a high-tech way to keep drunken people from driving cars. It’s one of the mandates along with a burst of new spending aimed at improving auto safety amid escalating road fatalities in the $1 trillion infrastructure package that President Joe Biden is expected to sign soon. […]

What is the difference between Biotech and Pharma?

The merger between medicine and technology has been on the rise for quite some time, and exponential development in integrating the digital world with the medical one has grown on various frontiers. So, what is the difference between Biotech and Pharma? Biotechnology companies focus on producing medicine originated from living organisms, while pharmaceutical medications are […]

Uber Q3 loss widens on investment losses, revenue up 72%

Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected. The San Francisco-based ride-hailing company said its third-quarter loss widened to $2.42 billion, or $1.28 per share, from $1.1 billion, or 62 cents per share, in […]