TECH - Page 44

The commerce minister said that electric vehicle maker Tesla Inc plans to nearly double India component sourcing to $1.7-$1.9 billion this year. That would be around double the auto parts worth $1 billion that Tesla bought from the country last year, Minister Piyush Goyal said at an automotive conference in New Delhi. Local sourcing is part of Prime Minister Narendra Modi’s pitch to lure manufacturers with his “Make in India” campaign. The move also aligns with a global trend by

Shares of Oracle (ORCL) plunged in premarket trading Monday after the enterprise software maker projected current-quarter revenue below Wall Street targets and narrowly missed expectations for the first quarter as a tough economy pressured cloud spending by businesses. CEO Safra Catz reassured investors that the company has been seeing more robust growth in its cloud services business and that the slowdown in the overall economy should not impact demand for the software it sells to corporate clients. During the first

Apple launched the iPhone 15 and iPhone 15 Plus globally on Tuesday at its ‘Wonderlust’ launch event. Both handsets feature a few notable hardware upgrades over last year’s iPhone models. They include the company’s A16 Bionic chipset, Dynamic Island, and a 48-megapixel primary camera — features available on last year’s Pro models. The iPhone 15 and iPhone 15 Plus also come with a refreshed design, including an all-new matte finish for the back of both devices. Apple says the new

On Tuesday, the world’s third-largest contract chipmaker opened a $4 billion semiconductor fabrication plant in Singapore as part of a major global manufacturing expansion. GlobalFoundries (GF) said its new 23,000 square meters (248,000 square feet) facility would produce 450,000 300 millimeter wafers per year at total capacity, expected by 2025 to 2026. The new fab will boost GF’s Singapore campus’s annual production of 300mm wafers to 1.5 million, which it said would create 1,000 high-skilled jobs. The company said the

OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot launched in November, saw monthly website visits decline for the third month in August. However, there are signs that the slide may be ending. According to analytics firm Similarweb, worldwide desktop and mobile website visits to the ChatGPT website decreased by 3.2% to 1.43 billion in August, following approximately 10% drops from each of the previous two months. Moreover, the average time spent by visitors on the site declined from 8.7 minutes

Researchers at digital watchdog group Citizen Lab said on Thursday they found spyware they linked to Israeli firm NSO that exploited a newly discovered flaw in Apple (AAPL.O) devices. The flaw, which is named after its ability to bypass Apple’s “zero-click” security policy and get around the company’s iMessage encryption feature, allowed hackers to infiltrate devices and grab data, including camera and microphone information, emails, call logs, photos, messages – even encrypted ones – and other details like the user’s

After five betas, a couple of developer previews, and months of anticipation, it’s time for the Android enthusiast community to wake up to a new, stable version of Google’s operating system. Unfortunately, in a surprising turn of events, the release of Android 14 has been postponed. Originally slated to release on September 5, this delay has left many tech enthusiasts anxiously awaiting the Android 14. With new features like Magic Compose and redesigning the At-A Glance widget, it’s clear that

During the peak of the COVID-19 pandemic, companies worldwide announced remote work for their employees to help them stay safe. However, now that things are back to normal, most companies are rolling back the work-from-home policy and asking employees to return to the office for at least three days a week. This move comes as many employees are concerned about a possible recession and want the security of a traditional nine-to-five job. A few months ago, social media company Meta

Huawei Technologies Co Ltd and China’s top chipmaker SMIC (0981. H.K.) have built an advanced 7-nanometer processor to power its latest smartphone, a teardown of the handset by analysis firm TechInsights showed. The new Kirin 9000s chip is the first to use SMIC’s most advanced technology and suggests that Beijing is making headway in its attempts to build a domestic chip ecosystem, the research firm said. The revelation sent SMIC’s shares up by 10 percent. The breakthrough will likely rattle

Customers of two of the United Kingdom’s most popular mobile networks have recently experienced phone problems, sparking concerns and inconveniences. The disruptions have raised questions about the reliability of these networks and their impact on users. Here’s an overview of the situation. The mobile networks in question have faced outages that have left many users without service. These outages impact individual users, businesses, and organizations that rely heavily on mobile connectivity. Users need help making calls, sending texts, and accessing