Micron Technology Inc.’s post-results selloff has sent a stark reminder to global investors about the inherent risks in betting on artificial intelligence chipmakers. Just days after leading AI chipmaker Nvidia Corp. experienced a massive slump, shedding nearly half a trillion dollars, Micron’s shares fell about 8% in extended trading following a forecast that failed to meet the highest expectations. Micron,…
Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever as an artificial intelligence-fueled rally pushed the tech giant deeper into record territory. Shares rose 3.9% on Wednesday to close at $193.61, pushing the market value to more than $2 trillion. The company now joins an elite club of a handful of peers that have surpassed…
Google has officially launched the Gemini side panel, formerly known as Duet AI, across its suite of Workspace applications, following its announcement at I/O 2024. This rollout extends the capabilities of Gemini 1.5 Pro to paid customers using Gmail, Google Drive, Docs, Sheets, Slides, and Google One AI Premium. Enhanced Productivity Across Applications The Gemini side panel introduces advanced AI…
YouTube is set to prompt iOS users to allow broader tracking for more personalized ads. This new feature, expected to roll out soon, seeks user consent for tracking activities across other companies' apps and websites. With iOS 14.5, Apple introduced a mandatory opt-in for app tracking, compelling app developers to request explicit permission from users. In response, many apps, including…
Samsung isn’t waiting around for Oura to file any patent claims over its forthcoming smart ring. Instead, it’s preemptively filed its own suit against Oura, seeking a “declaratory judgment” that states the Galaxy Ring doesn’t infringe on five Oura patents. The suit alleges that Oura has a pattern of filing patent suits against competitors based on “features common to virtually…
NVIDIA Corporation's shares have soared more than 200% over the past year, fueled by robust demand for its cutting-edge semiconductor technology and a favorable market environment. As one of its most bullish analysts predicts a continued rally, NVIDIA is on track to achieve a staggering market valuation of nearly $5 trillion within the coming year. NVIDIA’s stock has seen a…
Apple has reclaimed its throne as the world's most valuable company, overtaking Microsoft on June 12. This surge is largely attributed to Apple's advancements in artificial intelligence (AI) technology, which have fueled investor confidence and driven a significant rise in its stock value. Apple's shares (AAPL.O) soared nearly 4% to reach an all-time high of $215.04, propelling its market valuation…
Wang Chuanfu, Chairman of BYD Co., China’s leading automaker, has claimed that European and US politicians are apprehensive about Chinese electric vehicles (EVs). Speaking at an industry summit in Chongqing, Wang criticized Western efforts to restrict imports of Chinese-made cars, portraying it as a reaction to the strength of China's automotive industry. "If you are not strong enough, they will…
Instagram is testing a new feature that could transform the way users experience ads on the platform. The social media giant confirmed on June 3, 2024, that it is experimenting with unskippable ads, which require users to watch ads before they can continue browsing the app. This update, initially reported by TechCrunch, marks a significant shift in Instagram's advertising strategy…
In recent years, TikTok has undergone remarkable growth and evolution, solidifying its place as a powerhouse in the social media sphere. According to a recent YouGov report, 21% of Americans now use TikTok weekly, marking a quadruple increase since 2021. Despite ongoing privacy concerns and regulatory challenges, TikTok remains a pivotal platform for marketers aiming to connect with a diverse…
