Samsung union calls four-day strike
Samsung’s union has announced plans to stage a four-day strike aimed at increasing pressure on company management to raise wages and pay additional bonuses. Image source: Yonhap The Samsung Electronics…
Tesla shareholders are increasingly expressing dissatisfaction with the practice of redistributing resources between Elon Musk’s companies
Tesla was not founded by Elon Musk, although he has headed it for a long time and owns a large block of shares. Being a public company, it formally must…
Infineon’s revenue has collapsed due to weak demand for electric vehicles and will lay off 1,400 people
Quarterly statistics from German chip manufacturer Infineon Technologies show two trends at once. First, demand for electric vehicles has not grown as quickly as expected, so revenue from sales of…
Neuralink implanted an implant in the brain of its second patient
Back in July, Neuralink CEO Elon Musk announced that the second patient in the company’s history would receive a brain implant to restore lost functions of the nervous system in…
US authorities have launched two antitrust investigations into Nvidia after complaints from competitors
The US Department of Justice (DOJ) has launched two separate antitrust investigations into Nvidia over the company’s dominance in the field of AI. The purpose of the first investigation will…
US authorities denied Applied Materials subsidies under the Chips Act
The history of the distribution of government financial assistance in accordance with the “Chip Law” adopted in the United States in 2022 also contains examples of unsuccessful attempts by participants…
Nvidia shares have fallen for three weeks in a row as investors become more cautious about AI
Over the past year and a half, Nvidia’s stock price has been rising rapidly, fueled by demand for components for the hardware of artificial intelligence systems. Yesterday’s speech by the…
The head of Nvidia promised that every person will get an AI assistant
The founder and permanent leader of Nvidia, Jensen Huang, used the rostrum of the SIGGRAPH 2024 event for another sermon about the inevitability of the widespread spread of artificial intelligence.…
Bitcoin comes close to $70,000 amid the sympathy of American politicians
Recent speeches by US presidential candidate Donald Trump to representatives of the national crypto industry were intended to find electoral support, but experts explain that it was not only this…
US stocks suffered their biggest drop since 2022 after weak quarterly reports from Tesla and Alphabet
A string of quarterly reports from technology companies this week has given US stock indexes momentum to move downwards, as noted by the Financial Times. On average, they showed the…