Samsung Electronics Faces Corrective Measures from FTC for Unfair Practices
Apr 10, 2024 08:04 am UTC| Business
The Fair Trade Commission (FTC) announced on Wednesday a significant directive against tech behemoth Samsung Electronics. The regulatory body is taking action by mandating corrective measures over allegations that Samsung...
Jessica Alba Announces The Honest Company Exit as CCO
Apr 10, 2024 07:53 am UTC| Business
Jessica Alba, an American actress who co-founded The Honest Company Inc. in 2012, announced on Tuesday, April 9, that she is stepping down as the firms chief creative officer. She is giving up the role she has held since...
McDonald's Fans Rejoice: The McCafé Oreo Frappé Makes Its Grand Return
Apr 10, 2024 07:00 am UTC| Business
After much anticipation and a few teasers of international treats, McDonalds customers in the U.S. are in for a treat as the fast-food giant brings back a fan-favorite menu item. The McCafé Oreo Frappé, a...
Google Unveils New Axion AI Chip for Data Centers to Rival Amazon, Nvidia, Microsoft
Apr 10, 2024 06:34 am UTC| Business Technology
Google rolled out its Arm-based AI chip designed for data centers. The new central processing unit (CPU) is homegrown, and through it, the tech company is looking to challenge its rivals in the field, such as Amazon,...
Uniqlo’s Global Growth Fuels 11% Profit Increase
Apr 10, 2024 05:59 am UTC| Business
Fast Retailing, the operator of Uniqlo, is poised to reveal a robust quarterly profit this Thursday. Significant contributions from its overseas operations will compensate for the slower growth within Japan. Analyst...
Intel Announces Release of Its Gaudi 3 AI Chip to Break Nvidia’s Dominance in Chip Market
Apr 10, 2024 05:43 am UTC| Business Technology
Intel Corporation, an American semiconductor and technology company, launched its newest AI chip, the Gaudi 3. The latest version was introduced to compete with Nvidia, which is currently dominating the global chip...
Microsoft Announces Monumental $2.9 Billion Investment in Japan's AI and Cloud Infrastructure
Apr 10, 2024 04:15 am UTC| Business
Microsoft has intended to inject a staggering US$2.9 billion into Japan over the next two years, marking the companys most significant investment in its 46-year history. This investment aims to double down on enhancing...
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