Technology

$30 million data centre inaugurated in Congo to catalyze digital economy

The 400-rack capacity facility is expected boost DRC's digital landscape

North America’s under-construction data center supply rises 70 percent In H1 2024 as demand continues to grow: Report

North America continued to see an increase in data center pricing during the first half of the year albeit at a slower rate than last year

Pakistan’s IT exports surge 32 percent to $297 million in July on software and telecommunications

Software consultancy services saw a significant surge, increasing by 24.53 percent to reach $77.262 million

Taiwan’s TSMC breaks ground on $11 billion chip factory in Germany

TSMC expects to hold a 70 percent stake in the Germany plant, with the other partners will each hold 10 percent

Only 20 percent of Japanese companies use GenAI due to expertise, accuracy concerns: Survey

The primary concern cited by 54.1 percent of respondents was a lack of skilled staff and operational expertise

India successfully launches Earth Observation Satellite-8

The satellite, designed for a one-year mission duration, carries a range of advanced technologies

Google brings powerful Gemini AI to Android, alongside new Pixel 9 phones

The smartphones come equipped with the Gemini AI features and are powered by Google's Tensor G4 processor

Leading Chinese chipmaker SMIC revenues rise 21.8 percent to $1.9 billion in Q2 2024

The company's capital expenditure reached $2.25 billion in the second quarter

Meta raises $10.5 billion in debt offering to supercharge AI investments, outpace competition

Analysts projected Meta's 2024 capex at $35-40 billion, but the company raised the minimum to $37 million

China’s 1,000-km/h high-speed flying train completes successful full-scale test

The train may be deployed on commuter routes in mega-cities, reducing the Beijing-Shanghai travel time to 90 minutes

Microsoft and Delta clash over airline’s CrowdStrike-linked outage, blame game intensifies

Delta has hired prominent litigator David Boies to seek damages from both CrowdStrike and Microsoft

Apple revenues rise 4.9 percent to $85.78 billion as AI optimism offset lagging China sales

Apple's China sales declined 6.5 percent to $14.73 billion, an even greater decline than the 2.4 percent drop analysts had predicted

CrowdStrike faces $25 billion wipeout, investor lawsuit over misleading software update claims

Investors who held shares from Nov 29 to Jul 29 are seeking compensation for losses

Nvidia shares surge 13 percent, biggest daily value gain in Wall Street history

The company's value has now reached $2.88 trillion, making it Wall Street's third most valuable company

Malaysia applies to join BRICS, strengthening bilateral relations with Russia

Malaysia's bid to join BRICS was a key agenda item in India's PM's meeting with the Russian Foreign Minister

EU, Singapore conclude negotiations for landmark Digital Trade Agreement

The agreement aims to build trust, ensure predictability for businesses, and remove barriers to digital trade

Apple’s China smartphone shipments fall 6.5 percent as local players dominate: Report

Vivo reclaimed the top spot in China with 13.1 million smartphone shipments, capturing a 19 percent market share

CrowdStrike CEO says over 97 percent of Windows sensors back online

Company's shares have plummeted over 13.5 percent in the last 5 days

What does Google’s decision to keep third-party cookies mean for the future of the internet?

The internet giant said it will "introduce a new Chrome experience for informed browsing choices"

Meta unveils Llama 3.1, its most capable AI model to date

As part of this latest release, Meta is introducing upgraded versions of the 8B and 70B Llama 3 models

Tesla profits plunge 45 percent in Q2 2024, revenues rise to $25.5 billion

Company reported its lowest profit margin in more than five years with net income declining to $1.48 billion

Tesla to have humanoid robots in low production for internal use next year: Musk

Musk previously said that Tesla aimed for the robots to be mass-produced and cost less than $20,000 each

Over 40 percent of Japanese firms remain hesitant to adopt AI: Survey

Data showed that 24 percent of companies have implemented AI, and 35 percent plan to do so in the future