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…
The venerable Geneva International Motor Show, an automotive tradition since 1905, is officially ending its long-running journey, organizers announced on Friday. This decision marks the conclusion of one of the world's oldest and most prestigious auto shows, a staple event in the automotive industry for over a century. The inaugural Geneva International Motor Show drew 17,000 visitors in 1905, setting…
Amazon.com (AMZN.O) has announced that U.S. customers can now order from Grubhub directly on its shopping app and website, extending a deal that provides Prime members with no-fee access to Grubhub+ membership. As part of the enhanced agreement, Amazon Prime members will continue to enjoy a complimentary Grubhub+ membership, valued at $120 annually. This membership offers free delivery on orders…
Amidst intensifying scrutiny over the use of copyrighted material by tech giants, OpenAI has sealed a significant multiyear agreement with News Corp, heralding a pivotal juncture in the convergence of artificial intelligence and media collaboration. Reported by The Wall Street Journal, the five-year deal, potentially valued at an impressive $250 million, signifies OpenAI's strategic move to incorporate news content from…
Nvidia CEO Jensen Huang has seen his net worth surge from $3 billion to a staggering $90 billion over the past five years. This meteoric rise has been driven by Nvidia's exponential growth, primarily fueled by its dominance in the artificial intelligence (AI) processor market. Nvidia's Stock Soars with AI Boom On Thursday, Nvidia shares experienced a significant rally, closing…
