Since the start of 2023, Saudi Arabia’s Public Investment Fund has injected $750 million into Magic Leap Inc. The 14-year-old augmented-reality company that’s still searching for a workable business model says it needs even more. Magic Leap, which has raised…
Plant scarcity, a critical consequence of climate change, demands a radical overhaul of plant production. According to Friederike von Rundstedt, CDO and plant specialist at RoBoTec, we are at the beginning of a paradigm shift in how we produce plants,…
Black Sesame International Holding Ltd. has priced its Hong Kong initial public offering at the low end of the marketed range, people with knowledge of the situation said, as the recent global selloff in stocks piles extra pressure on new…
Israel prides itself on having some of the best air defenses in the world, but these billion-dollar systems are being tested. The country is braced for the possibility of a new aerial attack from Iran, which vowed to retaliate for…
Meta is all-in on AI. There are two key drivers behind this strategy. Meta’s core business revolves around gaining and maintaining user attention. That attention is then monetized through ads or commerce. If AI assistants begin to consume more of…
Investors worry the industry has peaked. Label bosses preach patience. Source link
The first preview of Apple Intelligence for developers shows just how far the company has to go to live up to the hype. Also: Apple reshuffles its design team leadership; expect the iPhone 16 before Apple Intelligence; and the company returns…
At first glance, it may look like the entire US cryptocurrency community will be lining up to vote for Donald Trump in November’s presidential election. Yet the loudest voices in the room don’t always represent unanimity. Even when Trump spoke…
Nvidia Corp.’s upcoming artificial intelligence chips will be delayed due to design flaws, The Information reportsBloomberg Terminal, citing two unidentified people who help produce the chip and its server hardware. The chips may be delayed by three months or more,…
Executives from the cryptocurrency industry are planning to meet with White House aides and Representative Ro Khanna next week to discuss concerns around digital assets and propose policy changes for the next administration, according to a person familiar with the…
I’ve been testing the Samsung Galaxy Watch Ultra over the past couple of weeks, finally getting a taste of the Apple Watch experience on Android. But first… Source link
Emily Chang details her conversation with Apple CFO Luca Maestri about the company’s results. Apple’s overall sales rose 5% to $85.8 billion in the fiscal third quarter. Analysts had predicted $84.5 billion on average. Source link