Author name: fakhar

South Korea’s Exports to Increase for Ninth Consecutive Month Driven by Chip and US Demand

South Korea’s exports likely increased for the ninth consecutive month in June, mainly due to semiconductor sales to the U.S., though the growth rate probably slowed because of calendar effects, a Reuters poll indicated on Thursday. Exports from Asia’s fourth-largest economy are estimated to have risen by 6.3% in June compared to the previous year, …

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Toyota’s Global Output Declines in May, Notably in China

Toyota’s (7203.T) global production decreased for the fourth consecutive month in May compared to the previous year, primarily due to reduced output in several overseas markets. The decline was particularly pronounced in China, where local brands have become increasingly competitive. In May, production dropped by 4% to 812,191 vehicles, with a 22% decrease in China. …

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Bloomberg reports that SoftBank plans to invest in the search startup Perplexity AI, valuing the company at $3 billion.

According to a report by Bloomberg News on Thursday, Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is set to invest between $10 million and $20 million in the U.S. search startup Perplexity AI, valuing the company at $3 billion. This investment is part of a larger $250 million funding round, as reported by …

Bloomberg reports that SoftBank plans to invest in the search startup Perplexity AI, valuing the company at $3 billion. Read More »

Microsoft Surface Laptop 7 (2024)

The most up to date Microsoft Surface PC proclaims an extraordinary time for compact computers with its notable setup of Qualcomm chips intended for simulated intelligence connections. Known as Copilot+, this imaginative class of PCs presents progressed simulated intelligence capacities as well as conveys significant additions in execution and battery duration. With as long as …

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JBL Clip 5 Water-Resistant Bluetooth Speaker

The JBL Clip 5 mini Bluetooth speaker, complete with a carabiner, is a fantastic sequel to a longtime favorite and an instant best-in-class contender. Compared to its impressive predecessor, this palm-sized gadget delivers enhanced sound quality and boasts an extended battery life of up to 12 hours per charge. It even features Playtime Boost for …

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Satechi 2-in-1 Foldable Qi2 Wireless Charging Stand

This newly launched Satechi 2-in-1 MagSafe charging stand quickly became a favorite for its sleek design, versatility, and fast charging speeds. With an exterior made of aluminum and vegan leather, this accessory complements any Apple setup perfectly. The iPhone dock features adjustable viewing angles, and the base includes a slot for charging AirPods or other …

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Sony ULT Field 1 Water-Resistant Bluetooth Speaker

The all-new Sony ULT Field 1 waterproof Bluetooth speaker is a strong contender for the top spot in its category. Available in black, white, gray, and orange, it boasts an elegant design and an IP67-rated water-, dust-, and shockproof housing. In terms of sound, the Sony ULT Field 1 offers a powerful experience with exceptional …

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OpenAI postpones the launch of its ‘Voice Mode’ to July

OpenAI announced on Tuesday that it is postponing the release of its “Voice Mode” feature by a month to July due to technical issues. Initially, the company intended to launch the realistic voice conversation experience to a select group of ChatGPT Plus users in late June, but it now requires additional time to meet its …

OpenAI postpones the launch of its ‘Voice Mode’ to July Read More »

Nvidia shares jumped nearly 7%, recovering after a $430 billion market drop.

Shares of Nvidia (NVDA.O) surged nearly 7% on Tuesday, breaking a three-session slump that had wiped out approximately $430 billion from the AI chipmaker’s market value. Nvidia’s shares closed at $126.09, recovering from a decline of around 13% from their June 18 close of $135.58. This drop followed a rally that intensified after a 10-for-1 …

Nvidia shares jumped nearly 7%, recovering after a $430 billion market drop. Read More »

Sources indicate that China’s Dida has set the price for its Hong Kong IPO shares at HK$6.

China’s ride-sharing app operator Dida has set the price of its shares at HK$6 each, aiming to raise US$30 million in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter on Wednesday. The sources requested anonymity to discuss confidential information. According to a regulatory filing, the Beijing-based company …

Sources indicate that China’s Dida has set the price for its Hong Kong IPO shares at HK$6. Read More »

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