Messaging apps, including WhatsApp, are primarily free to use, which raises the question: how do these platforms make money? With nearly three billion users globally, the operational costs associated with running such a large-scale service are significant, yet users do not pay to access basic functionalities. WhatsApp, owned by Meta, monetizes through corporate customers rather…
On Wednesday, Chinese tech giant Baidu said, it has started mass-producing its second-generation Kunlun artificial intelligence (AI) chips, as it races to become a major player in the chip industry with Beijing’s backing. In a statement Baidu said, the second-generation Kunlun AI chips, using 7 nm process technology, produced computational speeds of two-to-three times faster…
In a ruling, a U.S. trade judge found that Alphabet Inc’s Google had infringed on five of Sonos Inc’s patents revolving around smart speakers and related technology. The decision has the potential to lead to an import ban. The ruling by Charles Bullock, the chief administrative law judge of the U.S. International Trade Commission did not…
During a call with analysts, the CEO of cinema operator AMC Entertainment said, by the end of 2021, it will have technology in place to receive payments in bitcoin for the purchase of movie tickets and concessions.
According to sources familiar with the matter at hand, Ericsson has won a 3% share in a joint 5G radio contract from China Telecom and China Unicom. Tender documents published by these Chine companies show, Nokia, which was expected to grab Ericsson’s market share in China, did not receive any share. The tender document doesn’t disclose percentage wins,…
On Tuesday, in a statement scotch whisky maker Glenfiddich said, it has started to convert its delivery trucks to run on low-emission biogas made from waste products from its own whisky distilling process as part of a “closed loop” sustainability initiative. The company has installed fueling stations at its Dufftown distillery in north-eastern Scotland using…
In a report the Telegraph said, British ministers have cut off funding to Britain’s biggest microchip factory following its sale to a Chinese-owned technology company. UK Research and Investment (UKRI) has suspended funding to Newport Wafer Fab following government instructions after it was sold to China’s Nexperia. Earlier this month, when asked whether the sale…
On Thursday Toyota Motor Corp’s research arm said, it had acquired US based map and driverless vehicles data provider Carmera. The acquisition underscores Toyota’s push to bulk up its self-driving arsenal as traditional automakers compete with tech giants in the emerging autonomous vehicles sector. The acquisition will provide Toyota access to real-time, high-definition maps and crowdsourced…
On Friday, chemicals giant INEOS said, it will collaborate with the Acorn carbon capture and storage project to help develop Scotland’s first carbon capture storage system. According to scientists, technology to capture and store carbon dioxide (CO2) emissions will be key in meeting climate goals set by the Paris agreement designed to limit global warming…
On Friday, in a report Nikkei Asia said, Apple Inc and Intel Corp have emerged as the first adopters of Taiwan Semiconductor Manufacturing Co’s next-generation chip production technology ahead of its deployment in 2022. Both tech companies are testing their chip designs with TSMC’s 3-nanometer production technology, said sources briefed on the matter. These chips will be available…
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