Apple is focused on overhauling the Mac line with the new computer as well as attracting more customers, especially now that there is a static stretch in the computer industry. There are suspicions that American multinational technology giant Apple Inc (NASDAQ: AAPL) will be launching two highly anticipated Mac models in the upcoming Worldwide Developers Conference (WWDC) which will be held next week. These rumors are stemming from the fact that the technology company has begun the...
Read More »Foxconn Expects Growing AI Demand to Boost Its Server Business This Year
Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023. Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than double this year. Liu credited the popularity of generative AI applications like ChatGPT for stoking interest in the sector. At Foxconn’s...
Read More »Nvidia Set to Join Apple, Microsoft, Amazon in the Trillion-Dollar Market Cap Group
Due to a favorable forecast and AI adoption, Nvidia has seen explosive growth and could soon hit the trillion-dollar market cap. Nvidia Corporation (NASDAQ: NVDA) is fast approaching the trillion-dollar market cap due to its explosive stock surge. On Thursday, the chip maker’s shares jumped 26% following a robust earnings outlook and increased production scale. Nvidia’s market valuation sits at $950 billion, which is almost $200 million higher than it was at Wednesday’s close. The Santa...
Read More »Citigroup Unveils Plans to Take Its Mexican Offshoot Banamex Public
The IPO process would involve offering shares of Banamex to the public, allowing outside investors to purchase those shares and become partial owners of Banamex. American multinational investment banking giant Citigroup Inc (NYSE: C) has revealed its plans to pursue an Initial Public Offering (IPO) for its Mexico business, Banamex. The bank intends to separate Banamex from its operations and offer shares of Banamex to the public for the first time. According to the announcement, Banamex,...
Read More »Apple Partners with Broadcom to Develop USA-Made 5G Components
Given the significance of 5G technology in the advancement of consumer electronics and connectivity, Apple said it is spending tens of billions of dollars to develop this field in the US. Popular US tech giant Apple Inc (NASDAQ: AAPL) said it has signed a multibillion-dollar agreement with Broadcom Inc (NASDAQ: AVGO), a multinational semiconductor and infrastructure software firm to produce 5G components. Through the partnership, Broadcom will develop 5G radio frequency components,...
Read More »Opera Browser Finalizes Integration of MultiversX on Mobile and Desktop Platforms
The integration helps Opera users navigate the Web3 industry through MultiversX with the help of EGLD coins. The Opera browser, one of the leading internet browsers with more than 300 million users across its mobile and desktop platforms, has announced a successful integration with MultiversX (EGLD), a metaverse-centric blockchain formerly known as Elrond. Following the integration, Opera users can download the configuration via a dedicated link to enable the access of features like...
Read More »Apple Bans Use of ChatGPT by Staff, Fearing Data Leaks
With increasing concern over data leaks, AI tool makers are working to assure concerned users that their data is safe. Apple has banned the use of the AI tool ChatGPT among its employees in a bid to prevent data breaches and leaks. This was reported by the Wall Street Journal, which cited an internal memo from the company. Apple and Other Companies Are Concerned about Data Safety The restriction makes Apple one of several businesses that are limiting the use of the software by some of its...
Read More »Apple Allows Axie Infinity Game to Feature on App Store
Makers of Axie Infinity are hopeful that launching the game on the Apple platform will spurt growth. They are also hopeful of Apple making policies friendlier for NFTs in the future. In the latest development, Sky Mavis, the creator of the popular blockchain-enabled Axie Infinity video game, announced that the video game will be now available for download on the Apple App Store. Axie Infinity is a play-to-earn crypto game that allows gamers to battle one another while collecting or...
Read More »Apple VR/AR Headset Could Likely Launch in Early June & Spur Metaverse
Ahead of its rumored June release, the Apple metaverse mixed-reality headset is touted to be an industry leader. Reports suggest that the new Apple (NASDAQ: AAPL) virtual and augmented reality headset could fast-track the emergence of the metaverse. The consumer electronics giant is on course to release its highly-anticipated mixed-reality headset in the weeks ahead. Many believe the upcoming device could spur the metaverse sector as the first genuine metaverse-specific Apple product. In...
Read More »The BTC Whitepaper is Apparently Available on Every Mac Computer
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Andy Baio – the former CTO of Kickstarter – has discovered something unusual about Apple’s Mac computers. They all seem to come with copies of the bitcoin whitepaper. The Whitepaper for Bitcoin is a Regular Mac Resident The whitepaper for bitcoin was first introduced on Halloween of 2008. During that time,...
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