Tesla Will Likely Launch Prototype Humanoid Robot Next Year: Musk

The United States based electric car maker Tesla Inc would possibly launch a “Tesla Bot” humanoid robot prototype sometime next year, said the company’s Chief Executive Elon Musk. The robot will be designed specifically for undertaking dangerous, repetitive, or boring tasks that humans do not like to do. A range of jobs from attaching bolts…

Intel Offers Details Of Its New Chip Sourcing Strategy And Partnership With Rival TSMC

United States based Intel Corp announced its plans for sourcing subcomponents of its chips from external factories as a part of its turnaround strategy, new details of which were provided by the company earlier this week. The company plans to source chip components from suppliers including through partnerships with rival Taiwan Semiconductor Manufacturing Co (TSMC),…

Walmart Increases Forecast With Customers Returning To Its Stores While Online Sale Slows

Consumers in the United States stepped out of their home more with the lifting of Covid-19 pandemic related restrictions and into stores and were reported to make purchases of more clothes, travel gear and back-to-school merchandise, which drove Walmart Inc to increase it annual U.S. same-store sales forecast. The company also beat analysts’ estimates for…

Data Of 40 Million People Hacked, Acknowledged T-Mobile

Hackers have stolen personal data of more than 40 million former and prospective its customers, including information about social security numbers and driver’s license information, said T-Mobile US Inc on Wednesday, following revelation of the data after an investigation. Data from 7.8 million existing T-Mobile wireless customers was also among the data that was stolen.…

Target Beats Q2 Sale Estimates With Consumers Returning To Stores With Slowdown In Online Sales

With easing of pandemic induced restrictions in recent months, more shoppers stepped out of their homes to visit the stores of Target Corp and purchased clothes and other school related essential products, helping the retailer to beat estimates of analysts for same-store sales for the quarter. However there was a decline in online sale of…