IBM shares fell 25% on Tuesday, marking the company's worst single-day decline in its 115-year history.…
Tag: technology
Samsung Workers Protest $402,000 Bonus Disparity Amid Feud
Samsung Electronics workers are protesting a significant compensation gap between its device and chipmaking divisions. Employees…
IBM Shares Plunge 25% Amid Disappointing Earnings Report
IBM shares fell 25.21% to $217.07 on Tuesday following a disappointing earnings report. The stock traded…
IBM Warns of Budget Shift Amid AI Spending Boom
IBM issued a pre-earnings warning on Tuesday, indicating a significant shift in technology budgets as companies…
IBM Guides Lower as Cybersecurity Demand Distracts Clients
IBM reported a disappointing revenue forecast for the second quarter, guiding revenue to approximately $17.2 billion,…
Labor MP Calls for Stricter AI Regulations Ahead of Speech
Labor MP Ed Husic stated that any weakening of copyright laws to benefit artificial intelligence (AI)…
AI Performer Tilly Norwood Debuts in Feature Film Misaligned
On Wednesday, Particle6 announced that Tilly Norwood, an AI-generated performer, will star in its upcoming feature…
AI Demand Drives Up Prices for Consumer Electronics
The surge in demand for memory chips, driven by the AI boom, is leading to significant…
Chinese Hard Tech Giants See Record Value Surge in 2023
Chinese hard technology companies experienced a significant increase in market value during the first half of…
Chinese Start-Up Launches 8-Inch Production Line for Chips
A Chinese chip start-up has launched what it claims to be the world's first 8-inch production…