Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating Sino-U.S. tech war, and a global rout in tech shares. The new batch of exchange-traded funds (ETFs) were given regulatory approval at record pace over the weekend, in an apparent effort by authorities […]
Reuters
(Reuters) -U.S. chip designer Qualcomm Inc on Thursday said its automotive business “pipeline” increased to $30 billion, up more than $10 billion since its third quarter results were announced in late July. The jump in future business was thanks to its Snapdragon Digital Chassis product used by car makers and their suppliers, Qualcomm said at […]
The U.S. Senate Judiciary Committee voted Thursday to approve a bill aimed at allowing news organizations to band together to negotiate with Alphabet Inc’s Google and Meta’s Facebook and win more revenue. The bill passed the committee by a vote of 15 to 7, according to a congressional aide. It must now go to the […]
The giant machines churning out metal parts on this factory floor do not bang or clang – or make any other noise usually associated with heavy-duty manufacturing. They hum. “It sounds like a data center in here,” said John Hart, a co-founder of VulcanForms, a start-up 3D printing company that grew out of his research […]
Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. Even though Google doesn’t fall under the Reserve Bank of India’s (RBI) ambit, the U.S. tech giant has been called several […]
Over a dozen automakers including Toyota and Nissan, have signed up with a platform for patent licences from 51 tech companies, aiming to simplify access to wireless technology and avoid costly legal battles. Conflicts have stemmed in part from different views among carmakers, suppliers and tech firms over who should shoulder the cost of licensing. […]
SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic […]
Nvidia Corp on Tuesday announced new flagship chips for video gamers that use artificial intelligence (AI) to enhance graphics, saying it has tapped Taiwan Semiconductor Manufacturing Co to make the processors. Nvidia has gained attention in recent years with its booming data center business, which sells chips used in artificial intelligence work such as natural […]
Palantir Technologies Inc announced on Wednesday it signed a deal valued at $20 million over five years to expand its partnership with South Korea’s Hyundai Heavy Industries Group, one of the world’s largest shipbuilding conglomerates. The conglomerate’s shipbuilding affiliates including Hyundai Heavy will use Palantir’s operating system, known as Foundry, to strengthen data-driven decision making, […]
Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company now is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its […]