Investors and analysts are expressing skepticism about ASML, a leading computer chip equipment maker, after the company revised its financial guidance for 2025 downward, citing weakness in markets beyond artificial intelligence (AI) and delays in customer orders. As Europe’s most valuable technology company, ASML plays a critical role in supplying chipmakers with essential lithography tools…
The rivalry between Apple and Samsung is set to intensify as both tech giants expand their focus on health-driven wearable technology, with Apple rumoured to launch a connected ring by 2026. According to a report by CCS Insight, Apple’s potential entry into the smart ring market would put it in direct competition with Samsung, which…
As artificial intelligence (AI) continues to revolutionize content creation, Adobe has announced a new initiative that could significantly impact the industry. Starting next year, Adobe will offer a free web-based app aimed at helping creators of images and videos protect their work from being misused in AI systems. The app will enable creators to attach…
In recent years, the convenience of online shopping has become a staple of modern consumer culture, allowing customers to easily browse and purchase items from the comfort of their homes. However, the surge in online purchases has also led to a corresponding increase in product returns, raising significant questions about sustainability and consumer behavior. The…
The European Medicines Agency (EMA) announced on Friday that it is reviewing anti-hair loss medications, including Organon’s Propecia and its generic counterparts, due to concerns about the risk of suicidal thoughts associated with these drugs. This significant development could have far-reaching implications for patients, healthcare providers, and the pharmaceutical industry. The review centers on oral…
Global bank messaging network SWIFT is set to trial live transactions of tokenised assets and digital currencies in 2025, marking a significant development in the slow integration of such assets into the broader financial ecosystem. This initiative is pivotal as it could reshape various aspects of the global financial sector, from trading efficiency to regulatory…
Investors’ enthusiasm for artificial intelligence (AI) remains strong, as shown by the staggering $18.9 billion raised by AI-related startups in the third quarter of 2023, according to data from Crunchbase. While this figure represents a 19% drop from the record-breaking $23.4 billion raised in Q2, it is still a notable 30% increase compared to Q3…
Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, posted its highest-ever third-quarter revenue, largely driven by a surge in demand for artificial intelligence (AI) servers. The company, best known as the primary assembler of Apple’s iPhones, exceeded market expectations with a significant 20.2% year-on-year increase in revenue, reaching T$1.85 trillion ($57.3 billion). In a statement…
Apple has reportedly exited negotiations to participate in a significant funding round for OpenAI, expected to raise approximately $6.5 billion. The Wall Street Journal broke the news on Friday, citing sources familiar with the matter. According to these reports, the tech giant recently withdrew from the talks, just before the round is set to close…
Former U.S. President Donald Trump, now the leading Republican candidate for the 2024 presidential election, has made a new and bold accusation against Google, alleging that the tech giant manipulates search results to display predominantly negative news stories about him. In a post on his social media platform, Truth Social, Trump declared that, if elected…
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