Category: IT NEWS & UPDATES

The finance ministry here said on Wednesday it would provide low-interest loans of 17 trillion won ($12.22 billion) next month for corporate investment in the semiconductor industry and will push to extend tax benefits for investment in strategic technologies.

Snapchat introduced new safety features to safeguard teens and the broader community from online harm.

Samsung Electronics said on Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing.

Multiple photographers are voicing their frustrations as Meta mistakenly labels real photos as 'Made by AI,'.

Beginning August 20th, Paramount Plus will increase the monthly costs for its subscription plans, impacting all new subscribers.

Hyundai Motor Group is strengthening its electric vehicle (EV) battery supply chain and internal production capacity, as the world's third-largest auto group seeks to present price-competitive EV models with better driving ranges.

In the study, when the US-based University of Washington (UW) researchers sought clarification about the rankings, the system showed biased perceptions of disabled people.

WhatsApp is reportedly working on a new in-app dialer feature that will allow users to make calls directly from the app.

X (formerly Twitter), has announced that live-streaming privileges will soon be restricted to Premium subscribers only.

The US Treasury Department has announced sanctions against a dozen senior executives of Russian cybersecurity firm Kaspersky Lab, one day after the Commerce Department banned the sale of its antivirus software in the US.

The Biden administration is set to announce a ban on the sale of Kaspersky Lab’s antivirus software in the United States, citing national security concerns.

Leading blockchain and cryptocurrency platform Binance will be required to pay $2.25 Million fine to restart operations in India.

Qualcomm has agreed to settle a lawsuit by paying $75 million.

LG Electronics said on Wednesday it has partnered with ChargePoint, the leading supplier of charging solutions for electric vehicles in North America, to expand its EV charging business on a global basis.

Qualcomm has agreed to pay $75 million to settle a class-action lawsuit alleging anticompetitive sales and licensing practices.

Technology giant Nvidia surpassed Microsoft to become the world's most valuable company, achieving a market capitalization of $3.335 trillion.

E-commerce giant Amazon has been hit with a $5.9 million fine by the California Department of Industrial Relations (DIR) for allegedly violating the state's Warehouse Quota Law.

Meta on Tuesday launched its much-awaited API (Application Programming Interface) for Threads so developers can build experiences around it.

A new car manufacturing plant by Hyundai Motor, South Korea's largest automaker, under construction in the US state of Georgia will prioritize producing electric vehicles despite a temporary fluctuation in market demand, the company's CEO said on Monday.