Intel, the U.S. multinational corporation and technology giant, reported its largest-ever quarterly loss of $2.8 billion, compared with net income of $8.1 billion for the same period last year. This is a significant event for the technology industry that will undoubtedly have implications for the entire sector. Intel is one of the world's largest chip makers, and these losses are…
Spotify, the popular music streaming service, has surpassed 500 million monthly active users. This is a significant achievement for the company, as it reinforces its position as the leading platform for music lovers around the world. However, there is one catch here. Despite its impressive user growth, Spotify's share of premium subscribers has dropped to 40 percent. This is a…
In a surprising turn of events, Google's cloud business has reported a profit for the first time in three years. The news comes as part of Alphabet's Q3 earnings report, which shows that Google Cloud has finally turned a profit, after several years of losses. The profitability of Google Cloud is a significant milestone for the company, which has been…
Despite this overall trend, there is some news to report on the specific players in the market. In a surprising turn of events, Samsung has taken the lead, ahead of its longtime rival Apple. This is a significant achievement for the Korean tech giant, which has been struggling to keep up with Apple's dominance in recent years. The latest data…
Apple CEO Tim Cook has announced the opening of the first Apple store in India. This is a significant move for Apple as India has become one of the fastest-growing smartphone markets in the world. With over 1.3 billion people and a rapidly growing middle class, India is a key market for Apple's continued expansion. The new Apple store is…
Alibaba's grocery division, known in China as Freshippo or Hema, has been expanding rapidly in recent years. The company operates a network of more than 200 stores in China and is investing heavily in technology and logistics to support its e-commerce and delivery services. The company is now preparing for an offering on the Hong Kong Stock Exchange, which is…
According to recent reports, the government is conducting a public survey on AI, which could have significant implications for the development and use of these technologies. The survey is part of a broader effort by the government to better understand the potential benefits and risks of AI, and to develop policies and regulations that can help mitigate any negative consequences.…
Under the leadership of Elon Musk, Twitter's market value has reportedly halved, leaving the company worth just $20 billion. This news may come as a shock to many, as Twitter has long been considered one of the most valuable companies in the tech industry. However, under Musk's leadership, the company has struggled to maintain its position in the market. Sources…
According to Google, their popular web browser, Chrome, has seen a significant speed boost on both Mac and Android platforms in the past three months. Google reports that Chrome has become up to 30% faster on these platforms, which is a significant improvement for users who depend on the browser for their day-to-day internet usage. The company credits this improvement…
In a groundbreaking move for Japan's burgeoning private space industry, ispace Inc. is set to list its shares on the Tokyo Stock Exchange. The space exploration company is gearing up for a major milestone next year, when it plans to send a lunar lander to the Moon's surface. ispace is aiming to raise about $45 million through its initial public…