According to a report by Citi GPS, the Metaverse will be worth 8 to 13 trillion dollars, but a major infrastructure investment by tech companies is needed in order to reach this market potential. The entire addressable market for the Metaverse is estimated to be between $8 and $13 trillion, according to Citi’s latest Global […]
Technology
The U.S. broadband industry ended late on Wednesday its legal challenge to California’s landmark net neutrality law, which seeks to protect the open internet. A group of industry associations that represents major internet providers, such as AT&T Inc, Verizon Communications, Comcast Corp and others, dismissed their 2018 legal challenge. The 9th U.S. Circuit Court of […]
The world as we know it is being altered in the way humanity functions in ways we could not have fathomed ten years ago, and the Covid-19 pandemic played a critical role in altering the path the world is marching on. A new technological wave emerged in the past three years, and various tech companies […]
We may only be a few months away from seeing Asus’s 6th iteration of a long history of rolling out high-tech premium smartphones, the Asus ROG Phone 6. Although no one knows for sure, when you get the phone depends largely on where you live. The Asus Rog Phone 6, with ROG standing for ‘Republic […]
The Meta vs Microsoft debate is that of both principle and the future of Metaverse technology. No doubt the Metaverse, as vague as the word is at the moment, can be seen by tech giants as a new world ripe for the taking. Two of the largest companies building the Metaverse are Meta, formerly Facebook, […]
International semiconductor consortium ISMC will invest $3 billion in India’s southern Karnataka state to set up a chip-making plant, the state government said on Sunday. ISMC is a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor. U.S. chip giant Intel Corp has announced plans to acquire Tower. India’s first semiconductor fabrication […]
Chipmaker Intel Corp forecast second-quarter revenue and profit below Wall Street expectations on Thursday on worries of weak demand in its largest market, PCs, and increased supply-chain uncertainty due to COVID-19 lockdowns in China. Shares of the company fell 5 percent in after-market trading. Rising inflation, resurgence of COVID-19 in China and uncertainties around the […]
Shares in Robinhood Markets Inc, the brokerage at the center of last year’s retail trading frenzy, slipped to a record low on Thursday after it posted a 43 percent fall in first-quarter revenue and a decline in monthly active users. Shares of the Menlo Park, California-based firm dropped more than 12 percent to $8.83 in […]
Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100 percent renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change. Samsung, the world’s biggest chipmaker, is late to the green power pledge: It’s been […]
Climate change has become an urgent issue in the last decade as alarming numbers have emerged, forecasting some catastrophic consequences on humanity as a whole. Carbon dioxide, a heat-trapping gas released from irresponsible human activities such as deforestation and excessive fossil fuel usage, has reached an all-time high of 417 parts per million, according to […]