South Korea Pledges 5-Year Boost in Console Gaming Market Share
May 01, 2024 15:37 pm UTC| Technology Business
With an eye toward reducing dependence on mobile platforms, South Koreas government laid out a five-year plan Wednesday to bolster its console gaming sector, which currently represents a mere 1.5% of the global...
Transaction Fees on Shiba Inu’s Shibarium Skyrocket by 500%
May 01, 2024 15:35 pm UTC| Technology Digital Currency
Shibarium, the dedicated blockchain for the Shiba Inu cryptocurrency, has seen transaction fees escalate dramatically, with a 500% increase recorded over the last day, signaling a surge in user activity and market...
Samsung Capitalizes on AI Boom with Advanced Memory Chips and Home Automation with Jet Bot Success
May 01, 2024 14:40 pm UTC| Technology Business
Amid the global AI surge, Samsung has expanded its memory chip production and scored big with its Bespoke Jet Bot Combo, quickly selling over 10,000 units in South Korea. Samsung is one of the worlds most significant...
Microsoft to Set Up Its First Azure Data Center in Thailand With Investment in AI
May 01, 2024 09:30 am UTC| Business Technology
Microsoft Corporation is building its first Azure data center in Thailand to enable a cloud and AI-powered future for the country. The tech firm announced on Wednesday, May 1, that through the facility, it will also...
BYD Profits Drop 47%, Tesla Launches Cybertruck Off-Road Guide Amid EV Price War
May 01, 2024 05:38 am UTC| Technology
Amid a fierce EV price war in China, BYDs profits plummeted by 47% in the first quarter of 2024. This contrasts sharply with Teslas proactive approach, which includes releasing a detailed off-road guide for Cybertruck...
US Court Sets May Hearing for Terraform Labs, Do Kwon Remedies
May 01, 2024 05:32 am UTC| Technology Digital Currency
On May 22, the U.S. District Court for the Southern District of New York is set to consider proposed financial remedies from Terraform Labs and its co-founder, Do Kwon, following a fraud verdict. The court will hear...
Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff'
May 01, 2024 05:25 am UTC| Technology Digital Currency
As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuations...
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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects