Finance
John Ternus Emerges as Frontrunner to Succeed Tim Cook as Apple CEO
May 10, 2024 – After more than 12 years at the helm of Apple, CEO Tim Cook has led the company to unprecedented heights. However, all good things must come to an end, and Cook himself has acknowledged that he cannot hold the position indefinitely. Last year, he hinted that he was on the lookout…
Samsung Electro-Mechanics Speeds Up Semiconductor Glass Substrate Development
May 09, 2024 – According to a report by ETNews citing informed sources, Samsung Electro-Mechanics has advanced the completion date of its semiconductor glass substrate pilot line to September, marking a quarter earlier than the originally planned end-of-year deadline. Glass substrates offer significant advantages over existing organic substrates in terms of electrical and thermal performance,…
AlphaFold 3 Revolutionizes Biomolecule Prediction, Ushering in a New Era of AI in Cell Biology
May 09, 2024 – A collaboration between Google DeepMind and Isomorphic Labs has led to the creation of AlphaFold 3, the latest artificial intelligence model that has made its debut in the prestigious scientific journal Nature. This cutting-edge model boasts remarkable precision in predicting the structures and interactions of all types of biomolecules, encompassing proteins,…
Samsung Debuts ‘A Team’ Dedicated to Developing OLED Panels for Apple
May 07, 2024 – According to a recent blog post by technology media outlet oled-info, Samsung Display has assembled a new research and development team called the “A Team,” dedicated exclusively to developing OLED panel products for Apple. The media outlet reported that this R&D team, located within the research center at Samsung Display’s headquarters…
OpenAI Gears Up to Challenge Google with New Search Engine Based on ChatGPT
May 06, 2024 – Recent reports from multiple media outlets indicate that OpenAI is planning a major product launch based on its popular ChatGPT chatbot – a brand-new search engine. This development is seen as a potential game-changer in the search engine market, currently dominated by Google. According to Lior S, a former Mila researcher…
Samsung Reports Soaring Profits in Q1 2024, Driven by Semiconductor Rebound
April 30, 2024 – Samsung Electronics has recently released its financial results for the first quarter of 2024, revealing a remarkable surge in operating profit that skyrocketed nearly 10 times compared to the corresponding period last year. Notably, its semiconductor business has turned profitable for the first time since 2022. According to the financial report,…
Samsung and Carl Zeiss Deepen Collaboration in EUV Technology
April 29, 2024 – According to a recent press release from Samsung, Lee Jae-yong, the chairman of Samsung Electronics, visited the headquarters of Carl Zeiss in Oberkochen, Germany, on the 26th of the month. During his visit, he held discussions with Carl Zeiss CEO Karl Lamprecht on strengthening the collaboration between the two companies. Carl…
Alphabet Reports Impressive Revenue Growth and Announces First-Ever Dividend
April 26, 2024 – Alphabet Inc., the parent company of Google, released its latest quarterly financial report on Thursday, revealing impressive revenue growth. According to the report, the company generated $805.4 billion in revenue for the first quarter of this year, representing a 15% increase compared to the same period last year. This revenue growth…
Apple Faces Accusations of Sourcing ‘Blood Minerals’ from DRC
April 26, 2024 – An international team of lawyers representing the Democratic Republic of the Congo (DRC) sent a letter to Apple CEO Tim Cook on April 22nd, accusing the tech giant of illegally sourcing minerals from the country’s eastern region, an area notorious for violence, child labor, and other human rights abuses. The lawyers…
Nvidia Acquires Run:ai to Boost AI Infrastructure Capabilities
April 25, 2024 – Nvidia has recently announced its acquisition of Run:ai, a move aimed at bolstering the latter’s product roadmap and integrating its resources into Nvidia DGX Cloud. While the specific details of the acquisition, including the purchase price and completion date, remain undisclosed, an informed source revealed to TechCrunch that the deal was…