IBM is curtailing research activities in China and increasing it in India
IBM has been cutting staff since the beginning of last year, and the Chinese division was no exception. The layoffs began in late July, notices were sent to them in…
Following in the footsteps of Amazon: thanks to the cloud, the annual revenue of the IT department of supermarket owner Lidl reached €1.9 billion
The Schwarz Group, owner of the German supermarket chains Lidl and Kaufland, is actively developing its IT business, according to the Financial Times. We are talking about providing cloud computing…
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The ultra-rugged Doogee S200 smartphone with a 10,100 mAh battery and an additional screen has been announced
Doogee has introduced the ultra-rugged Doogee S200 smartphone with support for 5G networks, a massive 10,100 mAh battery and an additional screen. The Doogee S200 smartphone is based on a…
The French court extended the detention of Pavel Durov
A Paris court judge extended the detention of Telegram founder and CEO Pavel Durov by 48 hours. Kommersant writes about this with reference to the French publications La Provence and…
Rare Nintendo PlayStation gamepad sold for $35,000
In 2020, a prototype of a Nintendo PlayStation game console that never entered the market was sold for $360 thousand. Now, at Heritage Auctions, a gamepad for this device was…
Intel hired consultants from Morgan Stanley to protect against disgruntled shareholders
Intel Corporation is currently going through a difficult period, as high restructuring costs and loss of market share negatively affect its profitability indicators, and this always causes dissatisfaction among shareholders.…
Western Digital to invest $693 million to expand hard drive production in Thailand
In Thailand, the American company Western Digital operates an enterprise responsible for producing 80% of all hard drives in the world. The company is going to increase its staff by…
Chinese Unisoc introduced the “world’s first” security chip based on the open RISC-V architecture
Chinese processor developer Unisoc has announced the E450R, the world’s first security chip based on the open RISC-V hardware/software architecture. The company claims that the new product provides a significant…
Chinese AI companies set their sights on overseas markets in search of monetization
Geopolitical tensions and technological gaps are forcing Chinese developers to seek new strategies to enter the global market. Alibaba, ByteDance and other large Chinese companies have begun launching AI-powered applications…
Over two and a half years, TSMC received almost $2 billion in subsidies from the authorities of Japan and China.
TSMC is not only going to build factories in Japan, the USA and Germany, but is also modernizing existing ones, and therefore its activities in China are subsidized by local…