TECH - Page 5

Google Announces Changes to Search Results After EU Traffic Complaints

Google has proposed additional adjustments to its search results in Europe following complaints from smaller competitors about reduced traffic to their websites caused by earlier changes. These complaints come as EU antitrust regulators consider taking action against the company under the Digital Markets Act, a law introduced last year that bans Google from prioritizing its own products and services on its platform. Rival comparison websites, among the most vocal critics, previously filed a complaint that resulted in a €2.42 billion

US to Trim Intel’s $8.5 Billion Federal Chips Grant to Under $8 Billion

The US government intends to lower Intel Corp’s preliminary $8.5 billion federal chips grant to under $8 billion, according to a report by the New York Times on Sunday, citing anonymous sources. The reduction takes into account a $3 billion contract Intel received to manufacture chips for the Pentagon, the sources said. The original grant, which Intel was expected to claim next year, was supported by up to $11 billion in loans from the Commerce Department, along with a tax

U.S. Proposes Chrome Divestiture to Break Google’s Search Monopoly

The Justice Department has urged a judge to compel Alphabet’s Google to take significant steps to dismantle its dominance in online search. Proposed measures include selling its Chrome browser, sharing search data and results with competitors, and potentially divesting Android. This proposal is part of a groundbreaking case in Washington that could transform how millions of Americans access information. If implemented, the measures would remain in effect for up to a decade and be overseen by a court-appointed committee. The

Electric Car Sales Propel Xiaomi to 30.5% Revenue Growth in Q3

Chinese electronics giant Xiaomi Corp reported a 30.5% increase in third-quarter revenue, driven by strong demand for its first electric vehicle, the SU7 sedan. Known for its smartphones and consumer electronics, Xiaomi launched the car in March, entering China’s competitive EV market with a strikingly affordable price—starting at under $30,000 for the base model, which is around $4,000 less than the base price of Tesla Inc.’s Model 3 in the country. The SU7, which has the same driving range as

Foxconn Faces Delay in E.V. Goals Amid Strong A.I. Server Demand

Taiwan’s Foxconn, widely recognized for assembling iPhones, plans to invest more heavily in the United States while focusing on artificial intelligence and electric vehicles. At an investor conference on Thursday, Foxconn chairman Young Liu announced the company’s intention to replicate its success as an electronics contract manufacturer in the electric vehicle sector, even exploring the possibility of building cars for Tesla. Foxconn has already made inroads into E.V. manufacturing through a partnership with U.S.-based Lordstown Motors to produce an SUV

Google Unveils AI Safety Tools to Combat Phone Call Scams

At Google I/O on Wednesday, the company introduced two new artificial intelligence (AI) safety tools for Android devices aimed at protecting users from scams and harmful apps through real-time activity monitoring. The first tool, Scam Detection in Phone by Google, analyzes conversation patterns to identify potential scam calls. When a suspicious call is detected, users will receive audio and haptic alerts, along with a visual warning on their screen. Powered by Google’s on-device AI system, Gemini Nano, this feature will

Amazon Challenges Nvidia with Free Computing Power for AI Researchers

Amazon’s cloud computing division announced on Tuesday that it will provide free computing power to researchers interested in using its custom artificial intelligence chips, seeking to challenge Nvidia’s dominance in the market. AWS revealed it will offer $110 million in credits for access to its cloud data centers, allowing researchers to utilize Trainium, its chip designed for developing AI models that compete with Nvidia’s offerings. Additionally, AWS is setting up a research cluster of up to 40,000 Trainium chips, which

Bitcoin Hits $87,000 Mark as Trump’s Election Sparks Crypto Surge

Bitcoin surged above $87,000 in Monday’s Asian trading session, driven by Donald Trump’s victory in the U.S. election and the anticipation of pro-crypto candidates gaining seats in Congress, which raised hopes for a more favorable regulatory environment. The world’s largest cryptocurrency jumped by as much as 7%, surpassing its previous record high of $81,464 set on January 23, and has now risen 94% this year. The rally was further fueled by the liquidation of many short positions. According to CoinGecko

Qualcomm Rises with the Smartphone Market’s Comeback

The world’s largest smartphone processor manufacturer is benefiting from a rebound in the smartphone market. Consumers are upgrading their devices to access advanced artificial intelligence features like chatbots and image generators, driving demand for Qualcomm’s chips that support these applications. The chipmaker’s earnings forecast for the first quarter exceeded Wall Street’s expectations, pushing Qualcomm’s shares up over 8% on Thursday. The San Diego-based company, the top supplier of processors for mobile devices, expects sales and adjusted profits for the December-ending

Investment Alert: Foxconn’s Subsidiary Eyes $80 Million for Vietnam’s IC Development

A document from Vietnam’s environment ministry reveals that Shunsin, a subsidiary of Taiwanese giant Foxconn, is seeking approval for an $80 million investment in northern Vietnam aimed at integrated circuit production. The planned facility in Bac Giang province will specialize in manufacturing and processing electronic components, particularly integrated circuit boards. Shunsin intends to commence full-scale operations by December 2026, targeting an annual production capacity of 4.5 million units. The company has not yet responded to Benzinga’s request for comment. Shunsin

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