Singapore’s Minister for Digital Development, Josephine Teo, emphasized the challenges ahead in the absence of a globally agreed framework for artificial intelligence (AI) governance. Speaking at the Reuters NEXT conference in Singapore, Teo acknowledged Singapore’s optimism about AI but underscored the importance of enacting targeted legislation to address issues such as deepfakes during elections.
Vanuatu’s Prime Minister Charlot Salwai visited Huawei in Shenzhen, where he observed surveillance technology aimed at enhancing policing and reducing crime, according to a statement from his office on Tuesday. Salwai, who traveled to Shanghai on the same day, is in China before attending a Pacific Island leaders meeting in Japan next week. China is …
Vanuatu’s Prime Minister Tours Huawei, Reviews Policing Technology Read More »
French software company Dassault Systèmes (DAST.PA) revised down its full-year earnings forecast on Tuesday, attributing the adjustment to cautious customer spending and delays in contract signings. The company now anticipates 2024 diluted earnings per share (EPS) growth in the range of 8% to 11% year-on-year, compared to previous guidance of 10% to 12%. CEO Pascal …
Dassault Systèmes Lowers 2024 Earnings Forecast Due to Transaction Delays Read More »
ASML (ASML.AS) shares briefly surpassed the €1,000 ($1,084.30) mark for the first time on Monday, reaching an all-time high. This surge followed positive research notes about its top customer, TSMC (2330.TW), ahead of both companies’ earnings reports. ASML, the leading global supplier of chipmaking equipment and Europe’s third most valuable company with a market capitalization …
ASML Shares Reach €1,000 Amid Positive Sentiment Around Customer TSMC Read More »
Samsung Electronics (005930.KS) announced on Tuesday that it has secured an order from Japanese AI company Preferred Networks. The order is for the production of AI application chips using Samsung’s advanced 2-nanometre foundry process and state-of-the-art chip packaging service. This marks the first publicized order for Samsung’s 2-nanometre chip manufacturing process. The company did not …
Samsung Electronics Secures Advanced AI Chip Contract with Japan’s Preferred Networks Read More »
Chip buyers, including the German automotive industry, require older generation computer chips that Chinese manufacturers are currently investing in, ASML (ASML.AS) CEO Christophe Fouquet said in an interview with Germany’s Handelsblatt newspaper published on Monday. Fouquet, who became CEO of Europe’s largest tech firm in April, made these remarks as the European Commission began surveying …
ASML CEO Highlights Importance of Legacy Chips Produced in China, Reports Handelsblatt Read More »
British online supermarket and technology group Ocado (OCDO.L) announced on Monday an expansion of its partnership with Japan’s Aeon (8267.T), revealing plans to establish a third robotic warehouse. This new customer fulfilment centre (CFC), located in Kuki-Miyashiro, Saitama prefecture, Japan, is scheduled to commence operations in 2027. The strengthened collaboration marks a significant development for …
Ocado Expands Aeon Collaboration with Proposal for Third Robotic Warehouse Read More »
Apple (AAPL.O) announced on Friday that it has granted approval for Epic Games’ marketplace app on iPhones and iPads in Europe, following heightened tensions between the two companies. Epic Games had accused Apple of obstructing its efforts to establish a games store on Apple devices. According to Apple, the recent dispute revolves around the Epic …
Apple Approves Epic Games Marketplace App for Europe Read More »
In a recent interview with Dutch radio station BNR, the former CEO of semiconductor equipment maker ASML remarked that the U.S.-China disputes over computer chips are ideological rather than factual, and are expected to persist. Peter Wennink, who retired in April after a decade leading ASML to become Europe’s largest technology firm, highlighted the increasing …
Former ASML CEO Predicts Ongoing US-China Chip Conflict Read More »
Elon Musk seeks to dismiss a lawsuit filed by former Twitter shareholders who allege he delayed revealing his significant ownership stake in the social media company in early 2022. Musk claims that “all indications” suggest his delay was a mistake. In a Wednesday night filing in Manhattan federal court, Musk argued that it is implausible …
Musk admits late Twitter disclosure was an error, aims to settle lawsuit Read More »
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