Technology

Meta Platforms Inc. Investors' hopes of a long-term recovery in advertising were dashed by Meta Platforms Inc., which said that it was at whimsy due to an uncertain economic climate. The company also plans to invest heavily in newer…

According to sources familiar with the situation, China's Semiconductor Manufacturing International Corp. utilized equipment from ASML Holdings NV in order to produce an advanced processor used for a Chinese Smartphone that alarm the US.…

Snap Inc. saw revenue growth again in the third quarter, after two consecutive periods of decline. This shows that the improvements made to its digital advertising are finally paying off. The company warned that delays in advertising caused…

New London listings continue to face problems. The processor of currency transactions, CAB Payments Holdings Ltd., has now become the worst-performing major IPO in the world this year. The firm's value, which was about $1 billion at the…

It's the time of year when the UK is positioned as a leader in technology. The government will convene international executives and financiers in November to promote investment opportunities for British companies working on "deep tech" and…

China's state media reported Sunday that it has opened an investigation into Apple iPhone manufacturer Foxconn regarding tax and land usage. The Global Times, citing unnamed sources, reported that tax authorities had inspected Foxconn…

Amazon announced that it will begin delivering packages by drone in the UK and Italy for the first-time as part of its ambitious airborne program. The American tech giant announced on Wednesday it would introduce autonomous aircraft…

PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial intelligence as the Big Four audit firms look to cut costs and boost productivity. The accounting firm plans to use AI for…

Amazon.com Inc. launched its fall sale on Tuesday for Prime members. Price-conscious shoppers opted to buy low-cost kitchen appliances and clothing rather than spend big on expensive items. Attain, an independent research company that…

The boss of Wall Street’s largest bank said that artificial intelligence would allow people to work only three and a half days per week while living to be 100 years old. Jamie Dimon is the chief executive officer of JP Morgan. He…

CMR Surgical, a UK robotic surgery company, has raised $165mn in funding from investors such as Japan's SoftBank. The money will be used to expand the group globally. As more surgeons adopt technology in operating rooms. CMR Surgical,…

Ireland has imposed a penalty of €345 million on TikTok due to its inadequate measures regarding the privacy of children.

In court this week, Google defended itself against accusations of creating a monopoly in the search engine industry by presenting evidence that users actively choose Google as their preferred search engine over competitors such as Bing and…

Apple will not be able to control the update for iPhone 15 due to new law Under the stairs or the garage is a box that contains a mess of cables, charging plugs, and other miscellaneous items. This copper and plastic mess is…

Test pilots at BAE Systems, a sprawling facility in the north-west of England, are putting to the test one of the most advanced fighter aircrafts on earth. Pilots have flown over 170 hours in 125 flights, but the jet has not been built yet.…

China's major breakthrough in the manufacture of microchips has undermined US President Joe Biden’s efforts to prevent Beijing accessing the most sophisticated technology. The chips in Huawei's new smartphone are made with cutting-edge…

SoftBank Group Corp.’s Arm Holdings Ltd. made a move toward what is set to be the largest US initial public offering this year. It was a gamble that the once obscure designer of phone chip could flourish in the age of artificial…

Lidiane Jones is the new CEO of Slack. She believes that the rising cost of generative artificial intelligent could slow down its growth. Graphic processing units (GPUs) are needed to keep up with the exponential growth of the…