Nvidia’s AI-driven stock surge pushed earnings multiple three times higher than Tesla’s
In the wake of a market rout that engulfed tech stocks last year, the tech industry’s prominent players have managed…
US reports big interest in $52 billion semiconductor chips funding
On August 9th, the U.S. Commerce Department released a statement indicating a remarkable surge in interest from over 460 companies…
2025 Escalade IQ joins Cadillac’s growing all-electric family
On August 9th, General Motors’ renowned Cadillac brand took the wraps off its highly anticipated 2025 Escalade IQ, marking an…
Sony shares slide after earnings highlight concern about games, sensors
In a recent development that has garnered attention from investors and industry observers, Japanese multinational conglomerate Sony (ticker: 6758.T) experienced…
Japan eyes tax break for domestic EV battery, chip production – Nikkei
In a recent development, according to a report from the Nikkei newspaper, Japan is gearing up to implement a strategic…
Prototype ‘Brain-like’ chip promises greener AI, says tech giant
IBM, a technology giant, has introduced a groundbreaking prototype of a “brain-like” chip that could significantly enhance the energy efficiency…
China’s internet giants order $5 bln of Nvidia chips to power AI ambitions -FT
On August 9, a Reuters report highlighted a noteworthy development in China’s technology landscape, indicating that the country’s prominent internet…
Japan’s struggling Rakuten to combine credit card and mobile payments business
In a significant strategic move, the Rakuten Group, a prominent Japanese e-commerce company, has announced its intention to merge its…
Sony raises forecast on PlayStation gaming growth but profit drops 31% in first quarter
In the most recent financial quarter, Sony experienced a 31% decline in profits, primarily attributed to the underperformance of its…
Facebook’s growth not linked to psychological harm, study finds
The impact of Facebook’s global proliferation on psychological well-being has been brought into question by a study conducted by the…