Maria Deutscher
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Samsung’s next mobile processor will feature AMD’s RDNA 2 chip architecture
Samsung Electronics Co. Ltd. has revealed that the next iteration of its flagship mobile chip will use Advanced Micro Devices Inc.’s RDNA 2 graphics processing unit architecture. The South Korean electronics giant disclosed its collaboration with AMD in a Thursday tweet. Samsung also detailed that the new AMD-powered mobile processor is set to debut on ...
Samsung says it has quadrupled foldable device sales in 2021
Samsung Electronics Co. Ltd. disclosed on Wednesday that it has sold four times as many foldable devices this year as in 2020. The momentum of Samsung’s foldable device business is a potentially encouraging sign for the product category as a whole. Moreover, the fast-growing market demand for reconfigurable mobile devices could potentially increase the likelihood ...
Samsung and Micron memory fabs in Xi’an affected by COVID-19 lockdown
Samsung Electronics Co. Ltd. and Micron Technology Inc. said on Wednesday that operations at their memory chip production facilities in Xi’an, China, have been affected by the COVID-19 lockdown in the city. Samsung is the world’s leading maker of NAND flash chips, with an estimated 36.1% market share as of last March. The company’s two ...
Intel completes major milestone in $9B sale of flash business to SK hynix
Intel Corp. on Wednesday announced the first closing of the $9 billion sale of its flash business to SK hynix Inc., a leading memory chip manufacturer. The first closing completes one of the acquisition’s two major phases. The milestone comes after China’s State Administration for Market Regulation approved the transaction on Dec. 22. The second ...
Manufacturing marketplace startup Zetwerk raises $210M in funding
Startup Zetwerk has raised $210 million in new funding less than six months after closing a previous $150 million investment at a $1.33 billion valuation. The new funding round was reported by Inc42 on Tuesday. Bangalore-based Zetwerk reportedly raised the capital from a group of backers that included ICONIQ, IIFL, Steadview Capital and D1 Capital ...
T-Mobile discloses data breach affecting ‘very small number’ of users
T-Mobile US Inc. today disclosed that some of its customers have been targeted by hackers using a cyberattack tactic known as SIM swapping. The carrier also stated that the hackers may have gained access to “limited account information” belonging to a subset of the affected users. However, T-Mobile didn’t specify how many users are affected ...
TuSimple successfully tests autonomous truck on public roads without driver onboard
Autonomous truck company TuSimple Holdings Inc. today announced that one of its vehicles has successfully traveled 80 miles on public roads without a human driver behind the wheel. The test represents a world first, according to the company. TuSimple says that it’s the first time an autonomous semi-truck run has been completed on open public ...
India’s Jupiter raises $86M for its digital banking app
Mumbai-based financial technology startup Jupiter has raised a $86 million funding round led by Tiger Global, QED and Sequoia Capital India. MUFG Bank Ltd., the largest bank in Japan, participated in the Series C round as well, along with existing Jupiter backers. The investment more than doubles the startup’s valuation to $711 million. Jupiter’s latest ...
Amazon releases update after Alexa issues dangerous ‘challenge’ to child
Amazon.com Inc. has updated Alexa after the voice assistant told a 10-year-old girl to place a coin on the prongs of a phone charger plugged halfway into a wall outlet. The BBC and multiple other publications reported the incident today. According to the BBC, the incident occurred when the girl asked Alexa for a “challenge ...
Recruiting startup Paradox valued at $1.5B following $200M funding round
Startup Paradox Inc., which provides an artificial intelligence assistant that promises to streamline companies’ hiring efforts, has secured $200 million in fresh funding to support growth initiatives. The multi-million dollar funding led to a significant increase in Paradox AI revenue. Announced on Monday, the Series C funding round was led by three prominent tech investors: ...