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Elon Musk launches his new company, xAI

Elon Musk, the renowned CEO of Tesla and SpaceX, as well as the owner of Twitter, recently made a groundbreaking…

LG Electronics targets $77 billion in sales by 2030, holds high hopes for vehicle components

Seoul, July 12 (Reuters) – LG Electronics (066570. KS) unveiled its ambitious plans on Wednesday, aiming to achieve sales of…

India’s Wipro commits $1 billion investment into AI

BENGALURU, July 12 (Reuters) – Wipro Ltd, an Indian IT services provider, announced on Wednesday its plan to invest $1…

Trial starts for Korean chip executive accused of stealing Samsung secrets for China factory

Suwon, South Korea, July 12 (Reuters) – On Wednesday, the trial of Choi Jinseog, a former executive at Samsung Electronics,…

Microsoft’s $69 bln Activision deal gets US judge go-ahead, UK softens opposition

On July 11, Microsoft received favorable rulings that cleared the way for its acquisition of Activision Blizzard, a major video…

Threads app signs up 100m users in less than a week

Threads, the social media application launched by Meta, the parent company of Instagram, has achieved a remarkable feat by surpassing…

Chinese ministry holds meeting with Xiaomi, iFlytek and Alibaba Cloud

Beijing, July 11th, 2023 – The Ministry of Science and Technology in China recently organized a meeting on July 5th,…

Meta’s social media apps back up after brief outage

On July 10, social media giant Meta Platforms, formerly known as Facebook, experienced a temporary outage across its popular platforms…

Apple supplier Foxconn pulls out of $19.5 billion India chip project

Foxconn, a major supplier and global manufacturing powerhouse for Apple, has withdrawn from a joint venture project worth $19.5 billion…

Apple launches online store on China’s giant WeChat messaging app

On Tuesday, Apple made a significant move to expand its retail channels in China by launching an online store on…