Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices. Operating profit for the world’s biggest maker of memory chips, smartphones and TVs likely rose to 8.8 trillion won ($6.34 billion) in the quarter ended June …
AI Frenzy Expected To Have Boosted Samsung Q2 Profit 13-Fold. Read More »
Amazon founder Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed. This comes as the stock hit a record high of $200.43 during the session. The proposed sale of 25 million shares was disclosed in a notice filed after market hours. Following the sale, …
Jeff Bezos To Sell $5 Billion Amazon Shares As Stock Hits Record High. Read More »
Apple Intelligence might become a new revenue channel for the company in the future, as per a report. The Cupertino-based tech giant announced its suite of artificial intelligence (AI) features dubbed Apple Intelligence at the Worldwide Developers Conference (WWDC) 2024. Once it rolls out, users will get features like the AI-powered Siri, Writing Tools across …
OpenSSH servers in large numbers are reportedly affected by a newly discovered vulnerability. This vulnerability is said to be a regression of a previously patched vulnerability that has resurfaced. As per the report, more than 14 million servers were found to be at risk, particularly those with versions earlier than 4.4p1 can be affected by …
OpenSSH Vulnerability Regresshion Identified, More Than 14 Million Servers at Risk. Read More »
Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cybercrime, even as ransomware attacks are rising, broker Howden said in a report on Monday. Insurance premiums to protect companies against cyber-attacks rocketed in 2021 and 2022, as the COVID-19 pandemic drove cyber incidents. But premiums have been dropping …
Cyber Insurance Rates Fall as Businesses Improve Security, Report Says. Read More »
Meta-owned Instagram releases new features regularly to enhance the user experience. Instagram is now testing a new feature known as ‘AI Studio’, it will allow creators to make an AI version of themselves. Meta CEO Mark Zuckerberg on his broadcast channel made the announcement that this feature is currently available to a few creators and …
Mustafa Suleyman, the CEO of Microsoft’s new AI division, recently said in an interview with CNBC’s Andrew Ross that anything you publish on the internet becomes ‘freeware’ and that it can be copied and used to train AI models. When asked if “AI companies have effectively stolen the world’s IP”, the Google Deepmind co-founder said, …
Solos, a company known for making smart glasses, recently unveiled AirGo Vision, a new pair of smart glasses powered by OpenAI’s latest large language model (LLM) – GPT-4o. Similar to other products by the company, AirGo Vision also comes with swappable frames so you can easily detach the camera in case you don’t need it. …
Solos Unveils AirGo Vision Smart Glasses With ChatGPT, Gemini and Claude Integration. Read More »
Key Highlights In partnership with the UNHCR, Avanti offers solar-powered satellite internet and laptops to seven refugee camps in Uganda. Uganda’s Refugee Landscape As of May 2024, Uganda is Africa’s largest refugee host, providing refuge to over 1.6 million people. The majority of these refugees hail from South Sudan (56%), the Democratic Republic of the …
Avanti Collaborates with UNHCR to Provide Connectivity to Refugees Across Uganda. Read More »
Toyota is planning to launch the first electric car model equipped with an advanced autonomous driving system similar to Tesla’s Full Self-Driving for the Chinese market next year, one of its Chinese joint ventures said. The JV with state-owned Guangzhou Automobile Group (GAC) aims to restore the Japanese automaker’s market share in China by catching …
Toyota To Launch First EV With Advanced Self Driving System for China in 2025. Read More »
