Tesla profit margins worst in five years as price cuts, incentives weigh
By Hyunjoo Jin, Akash Sriram (Reuters) – Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter,…
TI beats quarterly profit estimates as chip demand turns steady
By Arsheeya Bajwa (Reuters) – Texas Instruments beat analysts’ estimates for second-quarter profit on Tuesday, powered by stabilizing demand for analog chips from markets such as personal electronics and lower…
Philippines to start winding down operations of offshore gaming hubs
By Neil Jerome Morales MANILA (Reuters) – The Philippines’ gaming regulator said on Tuesday it will cancel the licenses of offshore gambling firms and work with law enforcement agencies to…
VIP deepfakes promote miracle cures on social media
Every day, sponsored content about miracle cures and supplements with extraordinary capabilities is posted on Facebook, Messenger, and Instagram, and it is often accompanied by artificial intelligence-generated images, video, and…
Weathertech: innovations that will leave you thunderstruck
Weathertech: Rain, hail or shine, it’s no secret we are all obsessed with the weather. Our interest in conditions started in the early 1900s, when knowing what conditions were like…
Meta in talks to buy 5% stake in Ray-Ban maker EssilorLuxottica
By Yuvraj Malik and Aditya Soni (Reuters) – Meta Platforms is in talks to acquire a stake of about 5% in EssilorLuxottica, its production partner for Ray-Ban smart glasses, the…
Samsung Unpacked 2024: Watch Ultra, Galaxy Ring and Buds
In addition to the new foldable smartphones, Samsung Unpacked 2024 was an opportunity to discover and touch the other devices that complete the Korean company’s ecosystem, which is one of…
What is CrowdStrike, the cybersecurity firm behind a global tech outage?
Βy Deborah Sophia and Zaheer Kachwala (Reuters) – Companies across several industries including airlines, banking and media were hit on Friday by a global tech outage tied to Microsoft‘s Azure…
Essential cybersecurity tools for your PC in 2024
Essential cybersecurity tools: As we enter the second half of 2024, it becomes increasingly evident that security is a part of our lives. From viruses masquerading as the most innocent…
Developed Asian economies falling behind in generative AI adoption
Developed Asian economies: Recent studies from Deloitte Access Economics and the Deloitte AI Institute found that developed economies are behind their less-developed peers in the Asia-Pacific region when it comes…