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Read More »Samsung Welcomes Wilder World for Metaverse Expansion to Smart TVs
CoinspeakerSamsung Welcomes Wilder World for Metaverse Expansion to Smart TVs The integration into Samsung’s ecosystem will occur in stages. The first phase will see Wilder World assets and information introduced to Samsung’s various digital platforms. Samsung Welcomes Wilder World for Metaverse Expansion to Smart TVs
Read More »BBC Doku: The risky business of sending money to North Korea
Secret calls and code names: The risky business of sending money to N Korea North Korean defectors to the South have been relying on „brokers“ to send money home to their families. With no legal way to transfer funds to North Korea, these middlemen operate at huge personal risk. Secret calls using smuggled Chinese phones are made at remote locations. Code names are used. „It is like a spy movie and people are putting their lives...
Read More »Apple Considers Google Partnership for AI Features in iPhone
CoinspeakerApple Considers Google Partnership for AI Features in iPhone Apple's foray into AI partnerships and its ongoing development of native AI technologies signal a major shift in its product strategy. Apple Considers Google Partnership for AI Features in iPhone
Read More »Meta Unveils AI Models for Video and Image Editing on Facebook & Instagram
Complementing Emu Video, Meta introduced Emu Edit, a precision-focused model dedicated to image manipulation. Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, has unveiled a suite of artificial intelligence (AI) models designed to revolutionize video generation and image editing on its social media platforms. According to a company blog post on Thursday, the generative AI tools Emu Video and Emu Edit are designed to help content creators generate videos and...
Read More »Samsung Launches AI Chatbot Gauss to Rival ChatGPT
According to Samsung, developers can benefit from an interactive interface offered by the “Gauss Code” that supports code description and test case generation functions to build corporate applications tailored to their needs. Samsung Electronics, one of the leading global electronics companies based in South Korea, is expanding its foothold into the artificial intelligence market with the launch of its own chatbot dubbed Samsung Gauss. The company announced the launch of the new AI...
Read More »Nokia Announces 14,000 Job Cuts in Response to Q3 2023 Earnings Plunge
Nokia’s cost reduction plan is a strategic move aimed at addressing the challenging market environment it currently faces. Finnish telecommunications giant Nokia Oyj (HEL: NOKIA) has revealed plans to cut up to 14,000 jobs as part of a comprehensive cost reduction strategy, prompted by a substantial drop in Q3 2023 earnings. Nokia Job Cut Reduction Strategy According to reports, Nokia’s decision to cut jobs and streamline its operations is in direct response to its third-quarter earnings...
Read More »ASML Reports Strong Q3 2023 Profit but Forecasts Flat Revenue for 2024
ASML is taking a conservative view of 2024, with revenue projections similar to 2023. ASML Holding NV (NASDAQ: ASML), one of the world’s leading semiconductor firms has reported a significant year-on-year rise in profit for the third quarter of 2023, exceeding analyst expectations. However, the company forecasts that its revenue in 2024 will remain flat. This comes as the semiconductor industry experiences a period of uncertainty, with ASML CEO Peter Wennink acknowledging the ongoing...
Read More »Samsung’s Q3 2023 Operating Profit Drops 78% amid Memory Chip Slump
To enhance profitability and mitigate the impact of cyclical downturns, Samsung is focusing on advanced memory chips, particularly high bandwidth memory chips that are crucial for AI servers and processors. Samsung Electronics, the South Korean tech giant, released its preliminary earnings guidance for the third quarter (Q3 2023), indicating a notable 77.9% drop in operating profit compared to last year. According to the company, the decrease in profitability is primarily attributed to...
Read More »Honor Launches into International Market with Its Magic V2 Foldable Smartphone
Despite its slender battery, the company claims that the Magic V2 can deliver approximately 14 hours of continuous video playback when unfolded. Honor has introduced its flagship foldable smartphone, the “Honor Magic V2”, as part of its strategy to enter the international market, particularly in Europe and other regions, by the first quarter of 2024. Formerly a subsidiary of Huawei, Honor was sold to investors, becoming an independent company after its former mother company had a series of...
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