Apple’s CEO, Tim Cook, recently announced in an interview with Chinese state media that the company will be launching its Vision Pro headset in China this year. This move marks a significant expansion of Apple’s virtual and augmented reality product line into one of the largest consumer markets in the world. In China, Apple will
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China has recently implemented new guidelines that will have a significant impact on the use of U.S. processors in government computers and servers. These guidelines, which were unveiled on Dec. 26, aim to phase out chips from companies such as Intel and AMD in favor of Chinese alternatives. Additionally, the guidelines will also affect the
The tech IPO scene on Wall Street has been relatively dry in recent years, with only 15 tech companies going public in the past two years. This marks a stark contrast to the booming market of 2021, where 121 tech companies went public, reminiscent of the dot-com bubble in 2000. The recent market debuts of
In the world of investment, sovereign wealth funds are often seen as the big players with deep pockets, ready to support promising startups. One such startup that has garnered attention from these funds is Anthropic, an artificial intelligence company that is gaining traction in the market. However, there is one notable absence when it comes
In a recent statement, Jonathan Kanter, the assistant attorney general for antitrust, emphasized the importance of competition on the merits for Apple shareholders. Kanter highlighted how healthy competition benefits not only businesses but also consumers and the overall economy. This call for fair competition comes in the wake of the Justice Department’s lawsuit against Apple
The Competition and Markets Authority (CMA) in the U.K. has raised concerns over the proposed merger between Vodafone and CK Hutchison. The regulator is worried that this deal could potentially harm competition in the mobile network sector. The CMA identified several issues with the proposed merger, including a potential price increase for consumers and a
Elon Musk’s startup, Neuralink, recently made headlines with a live video showcasing a patient operating a computer mouse and playing chess using the company’s cutting-edge brain implant technology. The patient, Noland Arbaugh, became the first human to receive Neuralink’s device, marking a significant milestone in the development of brain-computer interfaces (BCI). The goal of Neuralink’s
The recent announcement by the White House regarding Intel being awarded up to $8.5 billion in CHIPS Act funding has sparked discussions within the semiconductor industry. This funding comes at a time when the Biden administration is making efforts to bring semiconductor manufacturing back to U.S. soil. The implications of this funding on the industry
Ledger, a popular crypto wallet maker, is gearing up to release its highly anticipated hardware wallet called Ledger Stax. Designed by none other than Tony Fadell, the inventor of the iPod, this new product is set to hit the market in May of this year. Initially announced in 2022, Ledger Stax will offer crypto investors
Nvidia CEO Jensen Huang recently revealed that the next-generation graphics processor for artificial intelligence, known as Blackwell, will come at a hefty price tag of between $30,000 and $40,000 per unit. This significant cost is attributed to the innovative technology incorporated into the chip, representing a substantial investment in research and development by Nvidia. The