Car chip shortage ease, smartphones could be next
Analysts think that the 2020-21 semiconductor shortage could run well into next year and affect smartphone manufacturers next.
During an Automotive Press Association event in Detroit, the CEO of Stellantis (world’s no. 4 auto manufacturer), Carlos Tavares, said that the semiconductor crisis wi...
Survey: EU firms lag behind US peers in adopting digitalization
The EIB Corporate Digitalisation Index says EU firms are 30% slower to digitalise than their US counterparts.
By 2020, 37% of European firms had still not adopted any advanced digital technology, compared with 27% in the United States. That is one of are the key findings of the new edition of th...
ASML’s second-quarter net profits rise by 38% as demand rallies
One of the world's biggest semiconductors suppliers, ASML, had an optimistic 2021 sales outlook released on Wednesday, where it announced a new share buyback as sales went up. Given that we are in the middle of a chip shortage, it is not surprising that ASML is confident about the future.
On ear...
Google’s challenge of $2.8 billion fine gets ruling on Nov. 10
Europe’s second-top court will make a ruling on Google’s challenge against a 2.4-billion-euro ($2.8 billion) EU antitrust fine on November 10. The case will be the first of three, according to people familiar with the matter.
The European Commission issued the fine on the world's biggest sea...
Nvidia’s TensorRT 8 is here to boost AI inference
Nvidia is accelerating artificial intelligence with the launch of its next generation of TensorRT software. On Tuesday, Nvidia launched the eighth iteration of its popular AI software, used in high-performance deep learning inference.
TensorRT 8 combines a deep learning optimizer fitted with a r...
Japanese research team breaks internet record speed at 319Tb/s
Japan announced that an engineering team from the National Institute of Information and Communication technology research group set a new record for internet speed at 319 Terabits per second (Tb/s). This new figure almost doubles the previous world record.
In 2020, the UK and Japanese engineers ...
Xiaomi now ahead of Apple in smartphone market share
Xiaomi has managed to capture 17% of the smartphone market share after experiencing 83% year-on-year growth during 2021’s Q2. This now firmly places it above Apple at the number 2 spot, and only behind Samsung. The data comes from research firm Canalys and indicates that Apple only had 1% growth ...
EU lawmaker’s proposals for tougher tech laws in the bloc gets backing
A pivotal EU lawmaker in the European Parliament leading the debate on stricter rules aimed at tech giants (Facebook, Google, Amazon) and other similar platforms, now has the backing to tighten the bloc's citizens' fundamental rights in the draft rules.
The Digital Services Act, which was propos...
Microsoft releases a bumper batch of security updates
Microsoft released a bunch of security updates following Patch Tuesday. Check your systems for updates and install these security systems as soon as possible.
Following Patch Tuesday, Microsoft released 4 XL-sized security fixes for its products to deal with 12 critical issues that plagued...
ECB starts its long bureaucratic march toward a digital euro
The European Central Bank took a first step toward launching a digital version of the Euro on Wednesday. This is in part to meet the global demand for electronic means of payment, as well as take on the cryptocurrency boom.
The electronic equivalent of paper and coin currency in the EU will most...
Lumen Technologies may be planning to sell off its consumer business for $5+ billion
Lumen Technologies, the telecommunications company formerly known as CenturyLink, is in negotiations with the investment management firm Apollo Global Management, to discuss a sale of its consumer business. The deal could include the company's consumer business in specific US states and may be valu...
Google announces consolidation of desktop file syncing apps into a singular app on Drive
Drive for desktop has replaced Drive File Stream, Sync, and Backup to provide all their popular features in one app to facilitate users.
Drive for desktop is Google’s latest attempt at making it easier for their users to use their famous features.
Google offered two syncing services for fil...