Rimac Finishes First Phase of Its Zagreb Campus with Total Investment of €120 million
Phase one of the Rimac Campus, the new home of the Rimac Group in Croatia, has now completed construction, representing around 70% of the total Campus site.
Emerging Challenges for CIOs to Deliver Value With AI
A Gartner survey of 451 senior technology leaders in the second quarter of 2024, found that 45% of CIOs in Europe, the Middle East, and Africa said they are tasked with leading an AI strategy in their enterprise.
US Plans to Make AI Chips Export to China Even Tougher
The US administration proposed new control mechanisms to close loopholes around the export of AI models and advanced chips to China.
Google’s Quantum Computing Gambit Pays Off
In a remarkable turnaround from a challenging year marked by intensifying AI competition that threatened its dominance in internet search, Google closed 2024 on an optimistic note, according to GlobalData.
US Supreme Court Leans Towards TikTok Ban
US Supreme Court justices favor upholding a ban on TikTok due to national security concerns.
Trump Secured $20 Billion Investment in US Data Centers
The US President-elect Donald Trump secured a $20 billion investment from United Arab Emirates billionaire Hussain Sajwani to build data centers across the US.
Instagram to Lead Meta’s US Ad Revenues in 2025
Ten years ago Instagram represented just over 7% of Meta’s total US ad revenue.
Emerging Challenges for CIOs to Deliver Value With AI
A Gartner survey of 451 senior technology leaders in the second quarter of 2024, found that 45% of CIOs in Europe, the Middle East, and Africa said they are tasked with leading an AI strategy in their enterprise.
Digital Wallets Transaction Value to Surpass $16 Trillion by 2028
The total value of digital wallet transactions will rise from $9 trillion in 2023 to surpass $16 trillion in 2028, a rise of 77%, according to Juniper Research.
Telefonica Records a Large Jump in Profit in 2Q23
Telefonica accelerated growth during the second quarter of the year.
AMD Reports Lower Revenue and Profits in 2Q23
AMD announced revenue for the second quarter of 2023 of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, a net income of $27 million, and diluted earnings per share of $0.02.
Pangu-Weather Model Now Available on ECMWF Website
Huawei Cloud's Pangu-Weather Model, an AI model for global weather forecasting, is now available on the website of the European Centre for Medium-Range Weather Forecasts (ECMWF).
IBM Completed Acquisition of Apptio
IBM completed its acquisition of Apptio after receiving all required regulatory approvals.
Shanghai Ranked Number 1 Smart City for Asia in 2023
A new study from Juniper Research has selected Shanghai as the leading smart city in Asia in 2023.
Intel Recruits Two New Board Members
Intel added Eric Meurice and Steve Sanghi to its board of directors, both very experienced in the semiconductor segment.
US Plans to Make AI Chips Export to China Even Tougher
The US administration proposed new control mechanisms to close loopholes around the export of AI models and advanced chips to China.
Docomo Hails Early 6G Milestone
Japanese NTT Docomo announced the beginning of the stronger development of 6G standards and technology.
Samsung to Showcase C-Lab Startups at CES 2025
Samsung will showcase new projects that, with the support of its C-Lab program, are innovating in the fields of AI, IoT, digital health, and robotics at CES 2025.
50 Years of Intel 8080, the Chip that Changed Computing World
One of the most important products in tech history, the Intel 8080, was introduced 50 years ago.
Samsung Weary on Smartphone Recovery in H2
Samsung forecasts double-digit profitability in its mobile division on a full-year basis.
Germany to Subsidize Chip Industry with €20 Billion
The German government prepared an amount of €20 billion to be distributed by 2027 to bolster the semiconductor industry.
America Movil Increases Its Stake in A1 Group
America Movil increased its stake in A1 Telekom Austria by a further 5.5% for an undisclosed sum.
Smartphone Shipments Continue to Decline in 2Q23
Worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in the second quarter of 2023, according to preliminary data from IDC.
T-Mobile Had the Highest Q2 Subscriber Adds in Eight Years
T-Mobile US reported post-paid phone additions of 760,000 in the second quarter of 2023.
IBM and NASA Open Source Geospatial AI Foundation Model
IBM and open-source AI platform Hugging Face announced that IBM's watsonx.ai geospatial foundation model - built from NASA's satellite data - will now be openly available on Hugging Face.