Tag: Samsung
Tesla shares up 22% as Musk promises budget EV, Kia EV3 named car of the year
Tesla shares closed up nearly 22% on Thursday – their biggest single-day gain in over a decade – as Elon Musk’s bold forecast of surging sales reassured investors he was still looking to grow its core business of selling electric cars. At close, nearly $150bn was added to the company’s market value. Musk forecast 20-30%…
TikTok sacks intern for interfering with AI models, US safety agency investigates Tesla
TikTok owner, ByteDance, says it has sacked an intern for "maliciously interfering" with the training of one of its artificial intelligence (AI) models. But the firm rejected claims about the extent of the damage caused by the unnamed individual, saying they "contain some exaggerations and inaccuracies". It comes after reports about the incident spread over…
Meta AI chatbot and smart glasses launch in UK, Tesla to launch ‘Cybercab’ robotaxi
Meta, the owner of Facebook and Instagram, has launched its artificial intelligence assistant in the UK, alongside AI-boosted sunglasses modelled by Mark Zuckerberg. Meta’s AI assistant, which can generate text and images, is now available on its social media platforms in the UK and Brazil, having already been launched in the US and Australia. Facebook and Instagram users…
Nyobolt can charge EV in 5 mins, Amazon to compete with Chinese discount retailers
Image: A UK startup has charged an EV from 10% to 80% charge in under 5 minutes. Nyobolt An electric car battery developed by UK start-up Nyobolt has successfully charged from 10% to 80% in four minutes and 37 seconds in its first live demonstration. It was achieved with a specially-built…
TikTok fights US ban, Sony cuts funding for PlayStation VR2?
TikTok has launched a long-awaited legal fight to stop its Chinese owner being forced to sell the short video platform's US operations, arguing it violates Americans' rights to free speech. TikTok and Chinese parent ByteDance were told in April they had until January next year to divest TikTok in the US or face the prospect…
Self-driving cars safe except in low light, Nvidia most valuable company in the world
Self-driving cars are safer than those driven by humans, except when it is dusk, dawn, or the vehicle is turning, according to a new study. Autonomous vehicles are involved in fewer accidents than cars driven by humans, researchers from the University of Central Florida have found. However, although the research generally showed self-driving cars to be safer,…
Fake Biden video prompts Meta review, man pulled over for wearing Apple Vision Pro while driving
The independent body that reviews how the owner of Facebook moderates online content has said the firm should label fake posts rather than remove them. The Oversight Board said Meta was right not to remove a fake video of US President Joe Biden because it did not violate its manipulated media policy. But it said…
Apple shares slump after China sales fall, Volvo to stop Polestar investment
Apple shares slumped in after-hours trading - driven by disappointing iPhone sales in China and a warning that future revenues will fall well short of expectations on Wall Street. The gloomy market reaction overshadowed an otherwise strong financial performance in Apple's first fiscal quarter. In the three months to 30 December, the tech giant reported…
Apple overtook Samsung as largest smartphone brand in 2023, research shows
Latest research from Omdia has found that in the fourth quarter of 2023, the smartphone preliminary shipment total reached 328 million units. This marks an 8.6% increase compared to 4Q22, and highlights 4Q23 as the first quarter to see a significant increase since 2Q21. It is also an 8.6% increase compared to the previous quarter. This…
Mark Zuckerberg accused of ‘blood on his hands’, Samsung Galaxy Z Fold 6 to get ‘glow up’
Mark Zuckerberg was one of several social media bosses accused of having "blood on [their] hands" at a hearing where companies were criticised for not doing enough to protect children from being exploited on their platforms. Mr Zuckerberg, the chief executive of Meta, which owns Facebook and Instagram, faced a sea of people who held pictures…