News & Analysis News - Page 30
Fake trading apps linked to global pig butchering scam rings are flooding the Play Store and App Store
Group-IB’s research found that these criminals use sophisticated social engineering techniques — often building relationships on dating or social media platforms — to lure their victims to apps that the criminals have uploaded to Google Play Store and Apple’s App Store
Chinese robotics startup Robot Era unveils STAR1, the ‘fastest' humanoid in the world
Chinese robotics startup Robot Era has launched what it claims is the fastest humanoid in the world. Called STAR1, the robot has overtaken Tesla’s Optimus and Boston Dynamics' Atlas to claim the title of the world’s fastest humanoid robot
US to investigate Tesla’s camera-only self-driving feature in 2.4mn EVs following 4 low visibility collisions
The investigation will focus on whether Tesla's FSD, which uses a camera-only system, is failing under low-visibility conditions, such as sun glare, fog, or dust clouds. Tesla started removing its radar-based Autopilot system in 2021, and started removing ultrasonic sensors in 2022
US’ probe into TSMC for violating China sanctions could spell trouble for Apple, NVIDIA, send stock spiralling
US officials suspect that TSMC might have indirectly supplied smartphone or AI chips to Huawei by working through an intermediary, potentially breaching the sanctions
Meta goes to Hollywood, teams up with major production house to create ‘AI-generated movies’
Meta unveiled Movie Gen earlier this month, presenting it as a tool capable of competing with offerings from other AI leaders, such as OpenAI and ElevenLabs. The experiment with Blumhouse signals Meta’s intention to partner with the entertainment industry on a long-term basis
India plans to curb laptop imports again, wants players like Apple to increase domestic production
India's Ministry of Electronics and Information Technology (MeitY) is working on an import authorisation system that will require companies to get prior approvals for all incoming devices. The new import limits could take effect after January 2025
Intel faces mounting pressure, lays off 2000 people as part of a broader restructuring plan
Intel’s latest layoff affects 1,300 employees in Oregon, 385 in Arizona, and 319 in California, with an additional 251 job cuts planned in Austin, Texas, according to a Worker Adjustment and Retraining Notification (WARN) filing
Google to block all ads that talk about US elections, but after polls close on Nov 5
This policy isn’t exactly new — Google first implemented a similar measure during the 2020 elections, seeking to prevent premature victory claims and false information from spreading before official results are announced
Donald Trump claims Tim Cook called him, complaining how EU has fined Apple billions of dollars
Trump mentioned that Cook’s frustration centred around two EU fines: one totalling $15 billion, stemming from a longstanding tax dispute in Ireland, and another $2 billion fine, although the details of the latter remain unclear
China plans to build its own Space Station on the Moon, start colonising other planets by 2050
According to Ding Chibiao, Vice President of the China Academy of Sciences (CAS), the construction of the lunar space station will happen in phases, with completion targeted between 2028 and 2035. Beyond lunar exploration, China is also setting its sights on deeper space missions
NVIDIA quietly launched its own AI model, said to be more powerful than GPT-4o, Claude 3.5 Sonnet
NVIDIA has chosen to open-source the Nemotron model, alongside its reward model and training dataset, making them available on Hugging Face. The AI model is also accessible for preview on NVIDIA’s official website, giving developers a chance to explore its capabilities firsthand
Sam Altman relaunches Worldcoin with a new name, new plan and new hardware
The underlying idea of Altman's World is rooted in a future where artificial intelligence could make it difficult to distinguish humans from bots online. The startup aims to offer a solution with “human verification services” tied to blockchain technology
TSMC stock hits new high after profits jump 54%, NVIDIA stocks see massive jump too
TSMC, suppliers to tech giants like Apple and NVIDIA, has seen strong momentum as AI continues to take centre stage across industries. The company raised its revenue forecast for the year and predicted healthy growth over the next five years
Google to replace Advertising & Search's top boss in a major rejig
Google CEO Sundar Pichai revealed that Prabhakar Raghavan, who has been steering Google’s search, advertising, and other crucial segments, is shifting into a new role as the company’s Chief Technologist
Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors
With shares set to begin trading on October 22, the focus will shift to how Hyundai performs on its market debut. While retail investors have been cautious, the heavy institutional interest suggests optimism about Hyundai’s long-term growth
What is OpenAI’s Swarm and why are AI experts afraid of it?
The introduction of Swarm has reignited discussions about the impact of AI-driven automation on the workforce. While multi-agent AI systems offer significant efficiency gains, there are concerns that such automation could displace human jobs, particularly in white-collar sectors
Apple Watch Vitals can now predict someone is going to fall sick, days in advance
The Vitals app works by monitoring various metrics during sleep, including heart rate, respiratory rate, blood oxygen levels, skin temperature, and sleep patterns
Elon Musk's SpaceX sues California Coastal Commission for not letting it launch more rockets
SpaceX, which sought permission to launch up to 50 rockets this year, claims the Commission overstepped its authority by denying the plan and alleges the decision was influenced by bias against Elon Musk
Amazon launches new Kindle line-up, first Kindle with a colour e-ink display makes its debut
The Kindle Colorsoft Signature Edition, priced at $279.99, aims to provide a premium reading experience. Its colour display opens up possibilities for illustrated books, comics, and magazines, especially for people who love visuals with their reading — think Manga and comic books
Amazon goes nuclear, signs three agreements to develop small reactors to power AI data centres
Matt Garman, CEO of Amazon Web Services, noted that Amazon's nuclear plans aims to fast track the development of technology that is capable of supplying energy to its data centres for decades
Tata Electronics served show cause notice over fire incident at TN iPhone factory
Tata Electronics has been asked to share its investigation findings, either agreeing with the government’s assessment or presenting an alternative explanation based on its own inquiries
Qualcomm still looking to buy Intel, will explore options after US elections in Nov 2024
Qualcomm is buying time to better navigate potential challenges and avoid unnecessary friction with US regulators, depending on how the political winds shift. The company wants clarity on the next government’s stance toward antitrust enforcement and relations with China
ASML cuts annual sales forecast, sends tech stocks tumbling world over
ASML’s stock plummeted by 16 per cent after the Dutch firm inadvertently published its results ahead of schedule. The early release revealed weaker-than-expected bookings, a lowered sales forecast, and hints that the demand recovery for non-AI chips is slower than anticipated
Ola Electric, troubled by service-related issues, enlists EY India to help clean things up
With EY’s involvement, Ola aims to streamline operations and improve its service network in an effort to regain consumer trust and market momentum. With customer complaints mounting and regulatory pressure increasing, Ola collaboration with EY India comes at a crucial time
Cybercriminals increasingly helping Russia, China & Iran target US elections and its allies, finds Microsoft
In one striking example, Microsoft’s analysts found how an Iranian hacking group breached an Israeli dating site embarrass and extort money from users. Another investigation found a Russian cybercriminal group infiltrating over 50 electronic devices used by the Ukrainian military
Chip rivals Intel, AMD team up to bolster x86 platform as Windows on ARM gains momentum
The newly formed advisory group brings together an impressive roster of industry leaders, including Intel, AMD, Microsoft, Lenovo, Dell, Red Hat, and HP, as well as figures like Epic Games’ Tim Sweeney and Linux creator Linus Torvalds
UK to introduce new bill forcing social media firms to make platform less addictive for under teens
At the heart of the Safer Phones Bill is a commitment to review the sale of smartphones to under-16s, alongside exploring new technological measures to ensure the safety of young users
Not iPhone 16, but Apple's budget iPhone, the SE 4 may make Apple Intelligence the hit it needs to be
Analysts from Morgan Stanley believe that Apple may launch the iPhone SE 4 in March next year. They also believe that the SE 4's price point will give Apple Intelligence a massive boost
Samsung to launch its first Galaxy Ring in India after all, starts accepting preorders
The Galaxy Ring, designed to be worn like a traditional ring, is packed with advanced AI-driven features and health sensors that promise a unique experience for users
Samsung may finally have solution to the crease issue of its foldable devices
According to a reputable leak, the crease control on the new Special Edition Galaxy Z Fold 6 is "better than ever," signalling a breakthrough in foldable screen technology