Innovations, gadgets, and tech industry news.
Tesla’s shares dipped by almost 9% following a long-hyped unveiling of its robotaxi Cybercab, leaving investors somewhat disappointed. Although the presentation was quite ambitious by Elon Musk, the CEO of the company, analysts said the event was unhelpfully vague about timelines, product execution, and what Tesla plans in the near term. The show has set…
One of the new bold steps Amazon has been taking in order to revolutionize grocery shopping is by piloting the integration of mini-warehouses within Whole Foods stores as a test, as of now, operating in Pennsylvania. Part of the larger vision here, this will strip down the shopping experience as it enables customers to pick…
Cashierless tech firm Grabango, launched as an adversary to Amazon’s “Just Walk Out” technology, announced its shutdown due to its inability to raise critical funding. Launched in 2016, Grabango built on some advanced checkout-free solutions using computer vision and machine learning. It wanted to revolutionize in-store shopping by removing all lines and traditional checkouts, having…
After months of suspension and amid an intensifying publicized legal standoff with the Brazilian Supreme Court, Elon Musk’s social media platform, X—previously Twitter—has finally been cleared to resume operations in Brazil. The platform was suspended toward the end of August 2024 for failing to comply with court orders on content moderation, especially on hate speech,…
In what may be a landmark case, the U.S. government is considering an antitrust remedy to break up Google as part of a big court ruling that finds the company guilty of maintaining an illegal monopoly in online search. The case, in essence, centers on Google’s monopolistic control of the search engine market, with nearly…
It was a rare move when Samsung Electronics made its apology public to investors after the disappointing third quarter profits in 2024, that fell below market expectations. The world’s leading production company of memory chips, smartphones, and televisions said that the operating profit for the quarter stood at 9.1 trillion won, or 6.8 billion US…
In a ground-breaking legal judgment, a U.S. judge ordered Google to open its Android Play Store to competition. This marked a significant change to the app distribution ecosystem of a now substantially transformed distribution system. This ruling, passed in October 2024, comes after an extended period of antitrust litigation, especially led by Epic Games-developed Fortnite….
Recently, Chinese hackers broke into the networks of US broadband providers. Having penetrated those networks, they made their way to court-authorized wiretap systems. The attack exposed by The Wall Street Journal has largely become a cause of serious concern regarding national security. This hacking group called “Salt Typhoon” had access for months, potentially compromising sensitive…
Foxconn, the world’s largest contract electronics maker, said it has recorded its highest revenue for any third quarter to date, as manufacturers meet increasing demand for AI servers in the wake of Google’s rollout of neural networks. The company reported revenues of $57.3 billion for Q3, an increase of 20.2 percent compared to the same…
The Australian court upheld a record-breaking A$610,500 fine imposed on Elon Musk’s social media application, X (formerly Twitter), following a tiff with the Australian eSafety Commissioner over compliance with the latter’s investigation into child abuse material. The court passed a decision on this following an appeal by X after the eSafety Commissioner served an order…
