Kate Flom

Samsung Electronics’ chip profit shrinks 40% from the previous quarter

Samsung Electronics' chip profit shrinks 40% from the previous quarter The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor gets new investors as it gears up for IPO Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

Apple releases Apple Intelligence. Here’s how to get it on your iPhone

Apple releases Apple Intelligence. Here's how to get it on your iPhone The release is a critical milestone for Apple, which is relying on the feature launch to power its marketing campaign for the iPhone 16.

Apple announces new iMac with M4 chip, starts at $1,299

Apple announces new iMac with M4 chip, starts at $1,299 Apple on Monday announced an updated iMac with the company's latest M4 chip.

Stratospheric, AI-enabled robotic cameras on balloons could help you get your insurance claim check faster

Stratospheric, AI-enabled robotic cameras on balloons could help you get your insurance claim check faster Near Space Labs, a Brooklyn, New York-based startup, invented stratospheric, AI-enabled robotic cameras that fly on weather balloons.

Amazon to shut down speedy brick-and-mortar delivery service

Amazon to shut down speedy brick-and-mortar delivery service The company has stopped any new development of the service, called Amazon Today, and will begin to wind it down, according to people familiar with the matter.

Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision

Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision Tesla faces a new U.S. probe concerning its "Full Self-Driving" systems, and whether they are safe to use in "reduced roadway visibility conditions."

The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks

The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks As ransomware cyberattacks escalate, government officials say companies are making bad decisions on the 'pay or not pay' dilemma, especially cyber insurers.

Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz

Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.

ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales

ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.

How one startup is making cleaner asphalt by decarbonizing natural gas

How one startup is making cleaner asphalt by decarbonizing natural gas Monolith and Modern Hydrogen are using new technologies to create a cleaner hydrogen that's also creating a byproduct that can be used to make cleaner asphalt.

Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley

Stripe, Wise founders want a 'tech renaissance' in Europe to help region rival Silicon Valley Founders of some of Europe's largest technology unicorns are calling for the creation of a single pan-European entity to promote startups and innovation.