Samsung Electronics expects its profits for the three months to June 2024 to jump 15-fold compared to the same period last year. An artificial intelligence (AI) boom has lifted the prices of advanced chips, driving up the firm’s forecast for the second quarter. The South Korean tech giant is the world’s largest maker of memory […]
As governments worldwide push for a green transition, companies around the globe are investing heavily in research and development into innovative ways to improve renewable energy production. New technologies are making conventional renewable energy projects, such as solar and wind farms, far more efficient as companies build stronger panels and bigger turbines. Now, one German […]
Apple’s deal with Google that makes it the default engine on Safari faces uncertainty as the U.S. Department of Justice’s antitrust lawsuit looms, The Information reports. Apple’s contract with Google, which ensures that Google’s search engine is the default on Apple’s Safari browser, has been a significant source of revenue. In 2022, the arrangement reportedly […]
Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry. The country, which is the region’s largest economy and home to the largest nickel reserve in the world, has been seeking to position itself as a key player […]
Telegram launched a digital currency called Stars for in-app use last month. Now, the company is expanding its use cases to paid content. The chat app is also allowing channels to convert the stars they have to Toncoin — the cryptocurrency Telegram uses over The Open Network (TON) blockchain. Alternatively, they can use them to […]
A London-based startup called Spiralis Energy has pitched the use of its “screw-like” tidal power generator to the States of Alderney, an island in the English Channel that flows between France and England, per an article by Interesting Engineering. This comes in response to a call by the local government’s Energy Working Group, which invited proposals from […]
Later this year, millions of Apple devices will begin running Apple Intelligence, Cupertino’s take on generative AI that, among other things, lets people create images from text prompts. But some members of the creative community are unhappy about what they say is the company’s lack of transparency around the raw information powering the AI model that […]
Schiphol Airport in the Netherlands is testing an unusual kind of battery that could prove to be a better, cheaper way to store wind and solar energy. Developed by US startup ESS, the device is known as an iron flow battery. The airport is currently trialling the technology to power some of its electric ground power units. […]
Google will partner with BlackRock to develop a 1-gigawatt pipeline of new solar capacity in Taiwan, the U.S. tech giant announced Monday in a press release as it seeks to boost energy capacity and cut carbon emissions amid the artificial intelligence boom. The deal will see Google make a capital investment, yet to be approved by […]
Cisco has patched an NX-OS zero-day exploited in April attacks to install previously unknown malware as root on vulnerable switches. Cybersecurity firm Sygnia, who reported the incidents to Cisco, linked the attacks to a Chinese state-sponsored threat actor it tracks as Velvet Ant. “Sygnia detected this exploitation during a larger forensic investigation into the China-nexus […]
Coinbase and Stripe announced a strategic partnership that will give their respective platforms’ capabilities in handling fiat-to-crypto and crypto-to-fiat transactions. Under the agreement, Stripe and Coinbase will benefit from three key integrations. First, Stripe users will have the option to receive crypto payouts in stablecoin USD Coin (USDC) on Base. Customers will also be able to […]
Meta is updating its “Made with AI” labels after widespread complaints from photographers that the company was mistakenly flagging non-AI-generated content. In an update, the company said that it will change the wording to “AI info” because the current labels “weren’t always aligned with people’s expectations and didn’t always provide enough context.” The company introduced […]
