In a bid to counterbalance the increasing pressure from local competitors, Tesla has launched an updated version of its highly sought-after Model Y in China. With the starting price set at 263,500 yuan (approximately $35,935), the new Model Y marks a 5.4% price increase compared to its predecessor. While this updated version opens for pre-sale
Enterprise
The ongoing debate around TikTok has become a focal point in the intersection of national security and digital freedom. As the U.S. government intensifies scrutiny over the platform, concerns about data privacy and foreign influence loom large. In response to these issues, businessman Frank McCourt has spearheaded an initiative through his nonprofit, Project Liberty, aiming
The recent lawsuit filed against OpenAI’s CEO Sam Altman by his sister, Ann Altman, has sent shockwaves through both the tech community and the public at large. This legal action, which was lodged in the U.S. District Court for the Eastern District of Missouri on a Monday, outlines disturbing allegations of sexual abuse that allegedly
Meta Platforms Inc., the parent company of social media giants like Facebook and Instagram, recently made a significant announcement regarding its content moderation policies. The decision to scrap its third-party fact-checking program and adopt a new “Community Notes” model seems aimed at restoring free speech and navigating the complex political landscape under the leadership of
Samsung Electronics is strategically repositioning itself to enhance its on-device Artificial Intelligence (AI) capabilities, aspiring to outpace the expected growth of the global consumer electronics market in 2025. With growth projections hovering around 3% for the sector, including smartphones, televisions, and home appliances, the South Korean conglomerate is targeting a more ambitious growth outlook of
As the new trading year kicked off, Bitcoin made headlines by rebounding sharply above the $100,000 mark, showcasing a significant increase of approximately 4%, settling at $102,234 according to Coin Metrics. This surge not only highlights Bitcoin’s resilience but also positions it as a frontrunner in the cryptocurrency market as it begins to garner more
In a striking development in the tech industry, global semiconductor stocks experienced a significant uptick on Monday following the news that Foxconn, the renowned electronics manufacturer, released record earnings for the fourth quarter. Foxconn, officially known as Hon Hai Precision Industry Co. Ltd., reported an impressive revenue of 2.1 trillion New Taiwan dollars (approximately $63.9
The cybersecurity industry mourns the loss of a visionary leader following the passing of Amit Yoran, age 54, who, until recently, served as the chief executive officer of Tenable. His unexpected death on Friday was a profound shock to many within the tech community, especially after he transitioned to medical leave in December to battle
Microsoft has announced a staggering $80 billion investment in the construction of data centers specifically designed to accommodate artificial intelligence (AI) workloads by fiscal 2025. This ambitious plan underscores the company’s recognition of the growing demand for AI capabilities across various sectors. According to Microsoft’s Vice Chair and President Brad Smith, a significant portion of
Recent data has revealed a significant downturn in the sales of foreign smartphone brands in China, particularly affecting industry leader Apple. In November alone, shipments of foreign mobile phones fell to approximately 3.04 million units—a staggering decrease of nearly 47.4% compared to the same month the previous year, and a sharp 51% decline from October