On Wednesday, in a statement Zoom Video Communications Inc stated, it would expand its footprint in Singapore by opening a research and development centre; it also plans on hiring hundreds of engineers for its new office premise. Zoom also plans on doubling its data centre capacity in Singapore. It launched its first data centre in…
Graphics chip makers, including AMD and Nvidia, are well placed to cater to the growing demand for smart devices, including fully automated cars. On Thursday, Jensen Huang, the CEO of Nvidia Corp said it sees artificial intelligence enabling fully automated cars to hit the consumer market within the next four years. A prominent brand in…
Ronnie Letin, 60, a Belgian, has been described as a “very skilled businessman, technically savvy and strategically versatile”. In efforts aimed at reigning in and reviving its dipping fortunes, mobile equipment maker, Ericsson has selected Ronnie Leten, the former of of Atlas Copco, a mining gear maker, as its new chairman. In July, Ericsson’s chairman…
The surge has taken short sellers of the stock by surprise. On Tuesday, boosted by a strong demand for its GPUs, the share prices of Advanced Micro Devices (AMD) surged by 9% leaving short sellers low and dry. The rise in AMD’s stock price can be linked to a rally in Ethereum, a cryptocurrency, which…
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