Category: Technology News

general motors
Technology News

General Motors Seeks US Approval for Autonomous Cars

General Motors Company and its subsidiary Cruise sought approval from US regulators last February 19 to build and deploy autonomous vehicles. The American automotive manufacturer filed a petition seeking a permit from the National Highway

TMN - ford
Technology News

Ford Beats Tesla on Consumer Reports’ EV Top Picks

Consumer Reports ranked Ford’s Mustang Mach-E as a “Top Pick” for electric vehicles for 2022, replacing the Tesla Model 3. The non-profit organization rated each car using a group of assessments. The overall score factors

TMN - Nvidia
Technology News

Nvidia Gives Strong Outlook on Broad Chip Demand

Nvidia Corporation provided a solid first-quarter fiscal 2023 outlook following upbeat quarterly earnings boosted by the broad chip demand. The American technology company expects its current-quarter revenue to come at $8.10 billion, representing a 42.00%

Roblox
Technology News

Roblox Bookings Weaken as Gaming Frenzy Dwindles

Roblox Corporation on Tuesday delivered lower quarterly bookings as the pandemic-driven demand for the gaming platform declined. The online game developer reported bookings of $770.12 million in the fourth quarter. The figure missed the average

TMN - AMD
Technology News

AMD Completes Record $50B Purchase of Xilinx

On Monday, Advanced Micro Devices, Inc. (AMD) completed its $50.00 billion worth of all-stock purchase of FPGA designer Xilinx. This transaction marks the largest move of AMD, giving the firm an edge in the high

Chinese stocks fall on disappointing economic data
Technology News

Chinese Tech Giants Chase Metaverse Opportunities

Chinese technology giants now venture towards the Metaverse, an immersive virtual world where online users can interact. Top companies like Tencent, NetEase, ByteDance, and Alibaba hint to be the front-runners in this space. Experts noted

Starlink
Technology News

SpaceX CEO Musk Provides Update on Starship

On Thursday, SpaceX CEO Elon Musk provided an update about the next-generation rocket Starship. The billionaire founder said that he was highly confident that the Starship would reach Earth’s orbit this year. This projection is