Samsung is currently focusing on developing its suite of artificial intelligence features, known as Galaxy AI, specifically for the Chinese market. The company’s mobile chief expressed this strategy in an interview with CNBC, highlighting the importance of regaining market share that has been lost to local players in recent years. The introduction of Galaxy AI
Enterprise
Recently, the European Union antitrust regulators announced their decision to accept commitments from Apple to allow access to its tap and go payments technology to rivals. This decision comes after a four-year-long investigation into Apple’s practices regarding mobile wallets on iPhones. The acceptance of these commitments is expected to bring significant changes to the mobile
Samsung has recently unveiled its latest foldable smartphones, the Samsung Galaxy Z Fold6 and Z Flip6, at the Galaxy Unpacked event in Paris. These new devices are not only an upgrade from their predecessors but also come equipped with an array of artificial intelligence features that aim to enhance user experience and cater to the
The world of cryptocurrency has been plagued by a significant increase in hacking activities in 2024. According to a report from blockchain research firm TRM Labs, hackers managed to more than double their cryptocurrency spoils in the first half of 2024 compared to the previous year. An alarming $1.38 billion worth of crypto was looted
Recently, Germany’s government has been making headlines by selling off significant amounts of bitcoin, causing a ripple effect in the cryptocurrency market. The sales are a result of bitcoins seized from various illegal activities, leading to millions of dollars’ worth of transactions. The German government initiated the sale of bitcoin from a wallet operated by
Aidan Gomez, a former intern at Google Brain, played a pivotal role in co-authoring the groundbreaking paper “Attention Is All You Need” in 2017. This paper introduced the concept of transformer models which eventually ignited the generative artificial intelligence revolution. In a recent interview with CNBC, Gomez expressed his astonishment at the rapid advancement of
Samsung Electronics, one of the leading tech giants based in South Korea, has recently announced that it expects better-than-expected profits for the second quarter of the year. This news has caused a significant surge in the company’s stock prices, with shares reaching their highest level since January 2021. The stock climbed by 2.24% on Friday
Bitcoin’s price took a steep dive to around $57,000 per coin after the U.S. Federal Reserve released minutes from its June meeting indicating that the central bank is not yet prepared to cut interest rates. This drop in value marked the lowest point for Bitcoin in the past two months. The digital currency fell approximately
The European Union has confirmed its decision to implement tariffs on electric vehicles imported from China, citing unfair subsidization as the reason for this move. The tariffs, ranging from 17.4% to 37.6%, are set to take effect on Friday and will impact automakers from Chinese giants like BYD to European brands producing cars in China,
Microsoft recently agreed to pay $14.4 million to settle a case in California involving allegations of retaliation against employees who took legally protected time off. The California Civil Rights Department announced the proposed settlement, highlighting the discriminatory impact of Microsoft’s policies on workers who utilize parental leave, family care-taking leave, or disability leave. This raises