Microsoft’s Cloud Business Stays Strong Despite Trying Times

Recently, Microsoft posted results that shed some positivity in light of the weak economy, thanks to the cloud business that hit Wall Street targets for the end of 2022, but it may miss expectations in the current quarter. The stable results that the company posted helped soothe the fears the tech giants had about their …

Tesla Slashes Prices by 20% to Push Demand

Tesla vehicles in the United States are now relatively more affordable after the company reduced its prices by 20%. To increase sales, the automotive company incorporated the change two weeks into 2023. The price cut swings between 6% to 20% for Model 3 and Model Y SUVs. Tesla also implemented the new price chart in …

6G: Unleashing the Power of Technology Through The Human Body

With telecommunications growing by leaps and bounds, the world has already started looking forward to the introduction of 6G. With 5G yet to flourish completely and show its capabilities across domains, research on 6G communications have already started. Researchers at the University of Massachusetts Amherst feel that the human body is the way forward to …

OpenAI’s ChatGPT Reportedly Costs $100,000 a Day to Run

OpenAI has been surprising the world with its achievements lately. With ChatGPT, an AI-powered chatbot, the company has made it possible to create interaction-style conversations. One thing about ChatGPT that has everyone on the edge of their seats is its human-like responses. Another fact fueling the excitement about OpenAI’s latest venture is that it is …

Microsoft Clears Air Regarding Activision with FTC

The Federal Trade Commission has blocked tech giant Microsoft in its attempt to acquire the video game developer Activision Blizzard, Inc. This would be Microsoft’s largest deal that strategically wipes out the competition in the video gaming industry. Owning the gaming franchises such as Call of Duty, the alleged $69 billion deal was held back …

Chinese-tech Giant, Huawei, Is Now Selling 5G Patents To Competitors.

Huawei, a Chinese tech giant, announces a global patent cross-licensing agreement with Oppo, a leading competitor in the tech industry. This agreement allows the two companies to share their intellectual properties and take leaps of innovation. With more than 20 years of innovation, Huawei was, at one time, the world’s largest smartphone manufacturer. They shipped …

Elon Musk vs. Apple: Has The War Begun?

Elon Musk has done it again—he’s brought the fight out into the open. This time it’s against Apple Inc. And it is a fight that is bound to be exciting. There are no legal tricks he could pull off, public shaming he could inspire, or any money he could throw away in pursuing both, that …

Domino’s Pizza to Launch EV Fleet to Oversee the Delivery Shortage Issue

Pizza is certainly one of the most filling foods, and when it comes to pizza, one of the most anticipated names is Domino’s, with its widespread availability across the world. But, when it comes to the demand for pizzas, especially Domino’s, the US residents win it. This excess demand has led to a shortage in …

Chip industry’s recovery relies on Tech Giants’ cost-cutting ventures

 If the tech giants decide to undertake significant operating and CapEx cuts, the chip industry may be in for an extended slump. Amazon, Google, and Microsoft operate the largest public cloud services and have collectively shelled out $120.6 billion in capital expenditures in the last four quarters. Along with Facebook, they plan on scaling back …

TikTok Plans To Double Staff Despite Mass Layoffs

“Our cadence of hiring is just right for us; we are still hiring — although at a pace that we think corresponds with the global challenges that we are facing,” Mr. Chew, CEO of TikTok, said at a Bloomberg event in Singapore recently. These are soothing words for an industry heavily impacted by the global …