Beyond hardware and the focus on Vision Pro, Apple is making significant strides in the world of Artificial Intelligence. The year 2024 is already shaping up to be an exciting one for enthusiasts of Apple Inc (NASDAQ: AAPL), with the tech giant said to be working on a host of major product launches beyond Vision Pro. At the forefront of Apple’s 2024 lineup is the highly anticipated Apple Vision Pro. As Bloomberg’s Mark Gurman suggests in a recent report, this release is not only about the...
Read More »Turkish President Invites Elon Musk to Build Tesla Factory in Turkey
In response to Erdogan’s proposition, Musk conveyed his enthusiasm for the Turkish market. Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk, the CEO of Tesla and SpaceX, urging him to consider establishing Tesla’s next factory in Turkey. The enticing offer was made during their meeting in New York, where Erdogan attended the United Nations General Assembly. The meeting between Erdogan and Musk took place at the iconic Turkish House in Manhattan, and it...
Read More »Billionaire Mark Cuban Loses $870K in Fresh Crypto Scam
Luckily, Cuban was quickly alerted and managed to move over $2.5 million worth of other crypto he had on Polygon to a Coinbase exchange address. It turned out to be a huge mistake for tech billionaire Mark Cuban when he decided to revisit crypto this past weekend. Having been inactive for several months, the Dallas Maverick owner thought it a good idea to look up his holdings, only to fall victim to a crypto scam. According to blockchain data, he lost around $870,000 worth of tokens to the...
Read More »TSLA Stock Up 1.75%, Tesla to Disrupt Auto Design and Manufacturing Process with Gigacasting Breakthrough
Tesla is likely to decide on a breakthrough method of die casting multiple sections of its EVs to reduce cost and improve production. Tesla Inc (NASDAQ: TSLA) has reportedly figured out a technological breakthrough that will transform the process of making electric vehicles. Fine-tuning the process will help Tesla cut production costs considerably. Tesla stock closed 1.75% higher at $276.04 on the news. Five people familiar with the matter spoke with Reuters anonymously. According to these...
Read More »Baidu and Qualcomm Join Forces to Shape Metaverse Future
Qualcomm Global Senior Vice President Cheng Lixin expressed optimism about the partnership, emphasizing its potential to accelerate the development of China’s metaverse. Chinese tech giant Baidu Inc (HKG: 9888) has announced a strategic partnership with Qualcomm Inc’s (NASDAQ: QCOM) local unit. This collaboration promises to propel the development of Extended Reality (XR) and Generative Artificial Intelligence (AI) to new heights. The partnership, revealed via a compelling social media...
Read More »Meta Dismisses WhatsApp Ads Reports
WhatsApp has a user base of over 2 billion people worldwide and analysts have predicted that it will eventually take advantage of this and monetize the service. Tech giant Meta has dismissed claims that it is considering adding ads to its WhatsApp messaging app. This comes after the Financial Times reported that teams at Meta have been exploring the possibility of showing ads in lists of conversations with contacts on the WhatsApp chat screen. The report also claimed that the company was...
Read More »Elon Musk’s X Launches Account Verification through Government ID
X has also outlined its future plans to streamline the checkmark review process for users who verify their IDs. Elon Musk‘s X, formerly Twitter, has recently launched its new account verification system using government ID. This will allow users of its premium plans to prevent impersonation while giving them additional benefits such as “prioritized support”. X Account Verification The social network has joined forces with Israel-based Au10tix to implement identity verification solutions....
Read More »Salesforce to Hire 3300 Workers After Initial Employee Layoffs
According to CEO, the company needs to employ “thousands” of people to maintain its growth potential and margins. Cloud-based software firm, Salesforce, is planning to boost its employee numbers by hiring 3,300 specialists. Chief Executive Marc Benioff revealed this while speaking to Bloomberg at the company’s annual Dreamforce conference. The announcement follows the company’s decision to lay off 10% of its employees in January. Amid an effort to increase profits, Salesforce cut about...
Read More »Goldman Sachs Says Rally in AI Tech Stocks Is No Bubble
According to Goldman Sachs, the spike in AI stocks is here to stay, and reflects the beginning of a new tech wave, not a bubble. Global investment banking and financial services firm Goldman Sachs (NYSE: GS) has stated that the current explosion in artificial intelligence (AI) adoption is not a bubble. Despite worries that the spike in AI interest and related tech stocks might be weak, Goldman Sachs states that the popularity of these stocks is more of a revolution than a bubble. Some...
Read More »OpenAI Expands Global Presence with New Office in Dublin
OpenAI’s decision to open an office in Dublin places it among the growing list of US tech companies establishing a presence in the Irish capital. OpenAI, one of the world’s foremost leaders in Artificial Intelligence (AI) research, has announced the opening of a new office in Dublin, marking its third office worldwide. With its headquarters in San Francisco and a London office opened just a few months prior, OpenAI’s decision to set up shop in Dublin underscores the company’s commitment...
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