Apple Launches On-Device AI in iOS 18 and OpenELMTechnology

Apple Launches On-Device AI in iOS 18 and OpenELM

Key Points Apple unveils small language models for on-device AI, enhancing privacy and functionality without cloud dependency. Apple launches OpenELM,…

Meta Expands VR Landscape by Sharing Horizon OSTechnology

Meta Expands VR Landscape by Sharing Horizon OS

Key Points Meta Platforms has rebranded its VR OS to Meta Horizon OS and opened it to other device makers.…

TSMC Posts $18.87B Revenue in Q1, Up 16.5%Technology

TSMC Posts $18.87B Revenue in Q1, Up 16.5%

Key Points TSMC  achieved NT$592.64 billion, a 16.5% year-over-year increase, surpassing expectations. Reported NT$225.49 billion, up 8.9% from last year,…

Adobe Premiere Integrates AI, Enhances EditingTechnology

Adobe Premiere Integrates AI, Enhances Editing

Key Points: Adobe integrates third-party AI tools into Premiere Pro, enhancing video editing capabilities. Commitment to AI ethics highlighted, ensuring…

Spotify Hikes Prices in 4 Markets, Adds $11 TierTechnology

Spotify Hikes Prices in 4 Markets, Adds $11 Tier

Key Points: Spotify increases premium subscription prices in the US, UK, Australia, and Pakistan. Introduces a new $11 basic subscription…

Google to Destroy Billions of Records in $7.8B LawsuitTechnology

Google to Destroy Billions of Records in $7.8B Lawsuit

Key Points: Google to destroy billions of data records & update privacy practices as lawsuit settlement. Allegations accused Google of…

Amazon’s $2.75B Investment in AI Firm AnthropicTechnology

Amazon’s $2.75B Investment in AI Firm Anthropic

Key points: Amazon announces a landmark $2.75 billion investment in AI firm Anthropic, totalling a potential $4 billion commitment. The…

Apple Faces New Antitrust Lawsuits in CA and NJTechnology

Apple Faces New Antitrust Lawsuits in CA and NJ

Key Points: Apple faces lawsuits in California and New Jersey over smartphone market dominance. Lawsuits accuse Apple of anti-competitive behaviour…

Reddit’s IPO Skyrockets 48%, Valuation Hits $6.4BTechnology

Reddit’s IPO Skyrockets 48%, Valuation Hits $6.4B

Key Points Reddit’s shares soared 48% on their first trading day, opening at $47 and closing at $50.44. The IPO…

Nvidia’s AI Chip Is 30x Faster, Captures 80% MarketTechnology

Nvidia’s AI Chip Is 30x Faster, Captures 80% Market

Key points Nvidia’s latest AI chip boasts a performance 30 times faster than its predecessor. Holding an 80% market share,…