Technology

Global smartphone shipments rise 6.5 percent in Q2 2024: Report

Samsung captured the top position in Q2 of 2024 with an 18.9 percent share of smartphone shipments

Samsung launches new AI-powered foldable phones, smartwatches and rings

The company priced the Z Flip 6 at $1,099.99, and the Z Fold 6 starting at $1,899.99

Global PC shipments rise 3 percent in Q2 2024, Apple sees biggest jump: Report

Apple's PC shipments surged by 20.8 percent annually in Q2, marking the largest rise among global PC makers

Jeff Bezos plans $5 billion Amazon share sale after stock hits record high

In February, Bezos sold around $8.5 billion of his shares in Amazon after the stock surged by 80 percent in 2023

China’s Chang’e-6 probe lands on Earth with historic samples from moon

Beijing plans to send astronauts to the moon by 2030 and build a research base at the lunar south pole

Oracle to invest over $1 billion in AI and cloud computing in Spain

Madrid is expected to receive investments of more than 6 billion euros from the cloud industry in the next three years

Amazon invests $10.75 billion in Germany to expand cloud and logistics services

AWS also announced last month plans to invest €7.8 billion in the AWS European Sovereign Cloud from 2024 to 2040

Google introduces new AI-powered anti-theft features for Android in Brazil

Brazilian Android users with compatible devices will be able to access a beta version of these features

Nvidia exceeds $3 trillion mark, overtakes Apple as second most valuable company

Nvidia's stock has surged 147 percent so far this year, with demand for its AI chips significantly outweighing supply

China’s Chang’e-6 probe takes off from the moon with first samples from lunar far side

Probe made technological breakthroughs, including the lunar retrograde orbit design and control technology

Microsoft to invest $3.2 billion in cloud and AI infrastructure expansion in Sweden

The tech giant plans to deploy 20,000 advanced GPUs at its Swedish data centers

Google to invest $2 billion in data center and cloud region in Malaysia

The data center will power services such as Search, Maps, and Workspace, and will help deliver AI services

Worldwide AI chips revenue to grow 33 percent to $71 billion in 2024: Report

The value of AI accelerators used in servers is expected to increase to $33 billion by 2028

Japan to launch digital national ID card ‘My Number’ on iPhones

Japan aims to include driving licenses into the system by March 2025

Japan develops world’s first wooden satellite, potential launch in September

"LignoSat" is expected to be launched into space aboard a SpaceX rocket from the United States

Public cloud spending projected to reach $675 billion globally by 2024: Report

SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024

China launches third semiconductor industry fund with $47.5 billion capital

China established the first phase of the semiconductor industry fund in 2014 with a capital of 138.7 billion yuan

South Korea launches space agency KASA, plans moon landing in 2032

The new space agency began operations with about 110 people, and will fill its 293-strong workforce in phases

South Korea announces $19 billion support package for chip industry

$12.47 billion financial support program aims to back investments by semiconductor companies

Microsoft, G42 launch $1 billion digital ecosystem initiative for Kenya

Initiative includes building state-of-the-art data center campus in Olkaria, Kenya

Microsoft bets on AI-driven ‘Copilot+’ PCs to drive strong profit growth

Priced starting at $1,000, the Copilot+ PCs will begin shipping on June 18

Google’s $1.1 billion investment in Finnish data center aims to power AI growth in Europe

Finland's wind power capacity has increased so rapidly in recent years, by 75 percent to 5,677 megawatts in 2022 alone

Elon Musk launches Starlink in Indonesia to support healthcare sector

Musk launched Starlink in three health centers across Indonesia

OpenAI takes ChatGPT to new heights with GPT-4o

The company's latest model revolutionizes ChatGPT, offering unprecedented capabilities