Technology

Samsung Electronics says Q2 operating profits soar to $7.5 billion
Samsung Electronics says Q2 operating profits soar to $7.5 billion

Samsung Electronics said Wednesday that its operating profits soared fifteen-fold to $7.5 billion for the second quarter, as chip prices bounce back and demand for generative AI continues to grow. And demand for the advanced chips that power AI systems has skyrocketed thanks to the success of ChatGPT and other generative AI products.

Microsoft cloud unit miss dulls bright earnings
Microsoft cloud unit miss dulls bright earnings

Microsoft shares slipped Tuesday after the tech giant reported quarterly profit climbed but its crucial cloud computing unit missed expectations. Cloud unit revenue of $36.8 billion, however, disappointed investors and shares slid more than five percent to $401.06 in after-market trades.

Texas says Meta to pay $1.4 bn to settle photo-tagging lawsuit
Texas says Meta to pay $1.4 bn to settle photo-tagging lawsuit

Meta has agreed to pay $1.4 billion to settle a lawsuit accusing it of violating a Texas state privacy law with a feature for "tagging" friends in Facebook photos, according to a deal finalized Tuesday. Meta agreed to pay the money over five years to settle the claims accusing the social networking giant of unlawfully capturing biometric data of Facebook users in Texas.

French DJ star of Olympics show reports cyberbullying
French DJ star of Olympics show reports cyberbullying

A French DJ and lesbian activist has filed a complaint with prosecutors over cyberbullying and death threats linked to her performance during the Olympics opening ceremony, her lawyer and a source close to the case said Tuesday. The source close to the case confirmed this.

Musk's superhuman vision promise is dangerous: researchers
Musk's superhuman vision promise is dangerous: researchers

Researchers have criticised billionaire Elon Musk for promising that his brain implant technology could eventually provide patients with vision superior to normal human sight. "So, when Elon Musk says things like 'this is going to better than human vision', that is a dangerous thing to say." jxb/lth

'Bending of reality': US liberals stoke political conspiracies
'Bending of reality': US liberals stoke political conspiracies

From false claims of a "staged" assassination attempt on Donald Trump to a viral joke about his running mate having sex with a couch, American liberals have taken a page from the far-right's playbook in pushing wild conspiracy theories ahead of US elections.