By David Shepardson (Reuters) -The United Auto Workers strike against the Detroit Three automakers entered its third day on Sunday with no immediate resolution on the horizon. Union negotiators and representatives of General Motors, Ford and Stellantis were set to resume talks starting Sunday, following the start of the most ambitious U.S. industrial labor action…
The mood is generally positive regarding Apple Inc.’s (NASDAQ:AAPL) iPhone 15 release. However, the tech giant isn’t without its challenges. The Scoop: Even with the buzz around the latest iPhone, there’s been a noticeable dip in Apple’s earnings for the past three consecutive quarters. A recent report indicated a 1.4% decline in revenue for…
By Greg Torode and Martin Quin Pollard BEIJING (Reuters) – The disappearance of China’s defence minister, the latest in a string of upheavals in the country’s top ranks, is stoking uncertainty about President Xi Jinping’s rule as an internal security clampdown trumps international engagement. The growing unpredictability could affect the confidence other countries place in…
In a spectacular display of technological prowess, SpaceX, under the visionary leadership of Elon Musk, painted the skies once again, launching 22 Starlink satellites from Florida’s coast. This mission, met with anticipation and optimism, benefits from perfect weather conditions. Breaking it Down: SpaceX’s impeccable commitment to real-time updates was evident. Hours before the scheduled launch,…
In the dynamic battlefield of Artificial Intelligence, where each tech titan strives to outdo another, Alibaba Holdings Limited (NYSE:BABA) dropped a major bombshell: Qwen-VL and Qwen-VL-Chat. This came hot on the heels of Meta Platforms Inc’s (NASDAQ:META) recent A.I. launch. Alibaba’s Double A.I. Whammy Unlike text-centric A.I. models such as Microsoft Corporation’s (NASDAQ:MSFT) ChatGPT or…
In an unexpected turn of events, Mark Cuban, the renowned billionaire and Dallas Mavericks owner, disclosed that he’s the latest casualty in the volatile world of cryptocurrency. The Background In a chat with DL News, a clearly surprised Cuban mentioned a suspicious movement in a crypto wallet associated with him. “I noticed 5 ETH went…
ARM Holdings Plc has historically dominated the smartphone world with its innovative architectures. However, as the industry is rapidly transitioning into the post-smartphone era, it faces significant challenges in capturing the next wave of semiconductor growth. A Changing Landscape While ARM’s foundations lie solidly in smartphone innovations, industry experts are keenly observing the shifting paradigm….
(Reuters) -SoftBank is looking for deals in artificial intelligence (AI), including a potential investment in OpenAI, after the blockbuster listing of its Arm unit, the Financial Times reported on Saturday. SoftBank’s founder and chief executive, Masayoshi Son, is looking to invest tens of billions of dollars in AI, the newspaper said, citing two people familiar…
WASHINGTON (Reuters) – The United States expects to announce additional aid to Ukraine next week, national security adviser Jake Sullivan said on Friday, while announcing President Joe Biden would host Ukrainian President Volodymyr Zelenskiy on Thursday at the White House. Zelenskiy is expected to meet with congressional leaders from both political parties while he is…
By Noel Randewich and Ankika Biswas (Reuters) – U.S. stocks ended sharply lower on Friday as chipmakers dropped on concerns about weak consumer demand, while rising Treasury yields pressured Amazon and other megacap growth companies. Chip equipment makers Applied Materials, Lam Research and KLA Corp all dropped more than 4%after Reuters reported TSMC had asked…
