Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the biggest beneficiary of the surge in adoption of AI applications takes on the iPhone maker that has been the largest Wall Street firm by market value for years. The reliance of virtually all artificial intelligence applications such as OpenAI’s ChatGPT on …
Nvidia Set To Overtake Apple As World’s Second-Most Valuable Company. Read More »
Ursula Owusu-Ekuful, Minister of Communications and Digitalization, has confirmed that NextGen Infrastructure Company (NGIC), the company that was given the license for the implementation of the 5G network, was founded just a week before the contract was awarded. According to the Minister, the company was founded as a special purpose vehicle (SPV) expressly for the …
Ursula Owusu Defends Decision To Grant 5G License To NGIC. Read More »
Elon Musk ignored repeated warnings about the U.S. securities disclosure obligations potentially triggered by his growing stake in Twitter in 2022, according to a Morgan Stanley executive who helped Musk secretly amass shares in the social media firm, a lawsuit says. The lawsuit claims that Musk and his right-hand man Jared Birchall were aware of …
Elon Musk Disregarded Warnings, Hid Twitter Stake, Claims US Lawsuit . Read More »
The Ministry of Justice Investigation Bureau (MJIB) on Thursday (May 30) accused eight Chinese companies in Taiwan of illegally attempting to poach high-tech talent. Taiwan has been ramping up efforts to stop Chinese firms from stealing tech know-how and poaching talent, Reuters reported. The MJIB named Apple supplier Luxshare Precision Industry among eight Chinese companies “that …
Taiwan Accuses Chinese Apple Supplier Of Trying To Illegally Poach Tech Talent. Read More »
OpenAI’s board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam Altman’s shocking ouster last year. OpenAI’s board members in an article published in the Economist said the review into the events found the previous board’s decision did not arise out of concerns …
In a significant milestone for Mozambique’s digital landscape, Raxio Data Centres has announced the opening of Raxio Mozambique, the country’s first Tier III Uptime Certified data center. Dubbed Raxio MZ1, this state-of-the-art facility is set to play a pivotal role in supporting Mozambique’s growing digital economy and accelerating the government’s digital transformation agenda. The launch …
Raxio Unveils Mozambique’s First Tier III Data Center, Boosting Digital Transformation. Read More »
Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country. The news follows Microsoft’s recent announcement that it would put $2.2 billion over the next four years into building Malaysia’s new cloud …
Google To Invest $2 bln In Data Centre And Cloud Services In Malaysia. Read More »
Japan’s Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector look for recurring revenue. PS5 users are spending around 25% more than during the previous PS4 console’s lifecycle, boosted by add-on content and services, including the PlayStation …
Sony Stresses PlayStation User Engagement As Hardware Sales Taper Off. Read More »
Alphabet’s Google, Amazon and Airbnb have today won the backing of Europe’s top court in their fight against an Italian rule requiring them to provide information on themselves. The dispute between the companies and Italian authorities centered on provisions adopted in 2020 and 2021 mandating online service providers operating in Italy to sign up to …
Google, Amazon Win EU Court Backing In Italian Rule Dispute. Read More »
A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said Wednesday that workers will go on strike for the first time, potentially threatening key global semiconductor supply chains. A spokesperson said union members, around 20 percent of the company workforce, would use annual leave to strike for one …
Samsung Electronics’ Union Threatens First Ever Walkout Next Week. Read More »
