In a groundbreaking move, Uber and BYD have joined forces to revolutionize the ride-hailing industry. The partnership, which kicks off in Europe and Latin America, aims to provide drivers on the Uber platform with exclusive pricing and financing deals for BYD’s electric cars. This strategic collaboration marks a significant step towards a cleaner and greener
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In response to ongoing financial pressure from Western sanctions, Russia is considering legalizing the use of cryptocurrency for international payments. The State Duma, the lower house of the Russian Parliament, is set to evaluate a law that would allow for settlements in cryptocurrencies as part of an experimental regime. This potential move highlights Russia’s efforts
Apple made a recent announcement stating that its AI system, Apple Intelligence, utilizes artificial intelligence models that were pretrained on Google’s Tensor Processing Units (TPUs). This move signifies a shift in the industry, as Big Tech companies are exploring alternatives to Nvidia for cutting-edge AI training. In a technical paper released by Apple, it was
The cryptocurrency market has seen a rise at the beginning of the final week of July, with Bitcoin increasing by 2% to $69,640.00 and Ether rising by 3% to $3,382.15. This uptrend comes after Bitcoin ended the previous week with a 1% gain and Ether experienced a 7% drop. Investors are cautious yet optimistic as
Former President Donald Trump recently addressed the biggest bitcoin conference of the year in Nashville. In his keynote speech, Trump did not make a solid commitment to establishing an official U.S. bitcoin strategic reserve currency. Instead, he promised to maintain the current level of bitcoin holdings that the U.S. has accumulated from seizing assets from
Former President Donald Trump’s decision to headline the biggest bitcoin conference of the year in Nashville has left many in the cryptocurrency community surprised. This move comes after years of public dismissal of bitcoin and other cryptocurrencies by Trump. His statements in the past, where he referred to bitcoin as a “scam” and expressed a
SK Hynix, a leading memory chip manufacturer, recently announced its plans to invest a staggering 9.4 trillion Korean won in constructing a new semiconductor fabrication plant in South Korea. This move is part of the company’s strategy to strengthen its position in the global semiconductor market and capitalize on the growing demand for memory chips.
In a recent report by Canalys, it was highlighted that Apple lost its position among the top five smartphone vendors in China during the second quarter. This decline can be attributed to the increasing competition from domestic brands like Huawei, which have been intensifying their efforts in the market. Apple’s market share in China decreased
SK Hynix, a major player in the memory chip industry, recently announced its second-quarter financial results, showcasing a remarkable performance. The company reported a revenue of 16.42 trillion Korean won, equivalent to about $11.86 billion, and an operating profit of 5.47 trillion Korean won. This marks the highest profit level SK Hynix has achieved in
Elon Musk, the enigmatic CEO of Tesla, recently took to social media to gauge public opinion on whether the electric car giant should invest a whopping $5 billion into his latest startup venture, xAI. This move comes at a time when Tesla is facing financial challenges, with second-quarter earnings falling short of analysts’ expectations for
