On Tuesday, Apple Inc. will hold its first launch event of the year. Experts expected the company to announce a low-cost 5G iPhone. The firm will host the event in a live stream on Apple Park headquarters in Cupertino, California. It has launched online-only events since the start of the pandemic two years ago. The …
Amazon.com, Inc. announced on Wednesday that it would shut down its physical stores, 4-star and Pop up shops, to focus on the grocery sector. The world’s largest online retailer plans to close 68 brick-and-mortar kiosks across the US and UK. This move will end some of its longest-running retail experiments. Previously, Amazon has gradually unveiled …
On Monday, the annual Mobile World Congress (MWC) canceled the Russian pavilion amid the deepening Ukraine crisis. The largest trade show for mobile technology started on February 28 and will end by March 03. Consequently, the awaited event placed an icy reception to Russia. GSM Association, the industry body that runs Mobile World Congress, released …
A high-volume cyberattack temporarily blocked access to the websites of Ukraine’s banks and defense agencies, escalating fears of a full-scale Russian invasion. Ukraine’s Ministry of Digital Transformation stated that a mass distributed denial of service attack hit the country. A DDOS allows a hacker to flood a victim’s network or server with traffic so that …
Ukraine Hit by Cyberattack amid Russian Invasion Fears Read More »
Sony Group Corporation revealed the design of the new PlayStation virtual reality headset on Tuesday. This move came amid the soaring competition in the VR space. The latest hardware features a similar white-and-black color scheme as the PlayStation 5. At the same time, it also offers a slimmer design with a weight reduction compared to …
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 Traffic Safety Administration (NHTSA). This move mainly aims to put Origin, a self-driving car, into commercial service. Accordingly, it does …
General Motors Seeks US Approval for Autonomous Cars Read More »
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 market estimate of $772.00 million and the previous $1.90 billion record. Accordingly, bookings refer to Roblox’s virtual currency, “Robux.” Players …
Roblox Bookings Weaken as Gaming Frenzy Dwindles Read More »
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 performance computing space (HPC). Experts anticipated the global HPC market to elevate from $37.80 billion in 2020 to $49.40 billion …
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