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Author: Rudra Sharma
Techcrowder is an imprint of Authority Media dedicated to consumer electronics and digital services. Beyond our expertise in mobile tech, our coverage has expanded to include everything from robot vacuums to streaming services to innovations in artificial intelligence.
Signages on the Seize Holdings Ltd. headquarters in Singapore, on Sunday, Aug. 20, 2023. Seize launched earnings outcomes on Aug. 23. Photographer: Ore Huiying/Bloomberg by way of Getty PicturesOre Huiying | Bloomberg | Getty PicturesSingapore-based Seize mentioned on Wednesday that its ride-hailing unit is on observe to hit pre-Covid ranges by the tip of this 12 months.In its second-quarter earnings launch, Seize reported that its mobility gross merchandise worth for the quarter was $1.32 billion, a 28% improve from $1.03 billion in the identical interval a 12 months in the past. Seize, which additionally gives meals supply and cell funds,…
Greater than a dozen of the world’s largest tech firms face unprecedented authorized scrutiny, because the European Union’s sweeping Digital Providers Act (DSA) imposes new guidelines on content material moderation, consumer privateness and transparency this month.Throughout the EU, a bunch of web giants – together with Meta’s Fb and Instagram platforms, Chinese language-owned video app TikTok and a handful of Google companies – are adapting to the brand new obligations, together with stopping dangerous content material from spreading, banning or limiting sure user-targeting practices, and sharing some inner information with regulators and related researchers.The EU is seen as the worldwide…
Aerial photograph exhibits the manufacturing unit of Taiwan Semiconductor Manufacturing Firm (TSMC) in Nanjing, Jiangsu province, Aug 1, 2023. Costfoto | Nurphoto | Getty PhotographsSemiconductor-related shares in Asia surged after chipmaker Nvidia posted second-quarter outcomes that beat estimates and issued optimistic steerage for the present interval.Most notably, Nvidia’s efficiency was pushed by its knowledge heart enterprise, which incorporates the A100 and H100 AI chips which are wanted to construct and run synthetic intelligence purposes like ChatGPT.Shares of Taiwan Semiconductor Manufacturing Corp, which manufactures all of Nvidia’s superior AI chips, climbed as a lot as 1.81% on Thursday, whereas counterpart Samsung Electronics…
Nvidia is on a tear, and it does not appear to have an expiration date.Nvidia makes the graphics processors, or GPUs, which are wanted to construct AI functions like ChatGPT. Specifically, there’s excessive demand for its highest-end AI chip, the H100, amongst tech firms proper now.Nvidia’s general gross sales grew 171% on an annual foundation to $13.51 billion in its second fiscal quarter, which ended July 30, the corporate introduced Wednesday. Not solely is it promoting a bunch of AI chips, however they’re extra worthwhile, too: The corporate’s gross margin expanded over 25 proportion factors versus the identical quarter final…
Nvidia CEO Jensen Huang,speaks on the Supermicro keynote presentation through the Computex convention in Taipei on June 1, 2023.Walid Berrazeg | Sopa Pictures | Lightrocket | Getty PicturesNvidia is ready to report fiscal second-quarter earnings after market shut Wednesday. The chipmaker’s inventory worth has greater than tripled this 12 months, sparked by a increase in synthetic intelligence purposes.This is what analysts expect:Earnings: $2.09 per share, based on Refinitiv.Income: $11.22 billion, based on Refinitiv.This is what Wall Avenue is anticipating from Nvidia’s prime enterprise items:Gaming: $2.38 billion in income, based on StreetAccountDatacenter: $8.03 billion in income, based on StreetAccountPushed by insatiable…
A set of bitcoin, litecoin and ethereum tokens.Chris Ratcliffe | Bloomberg | Getty Photographs Cryptocurrencies rose on Wednesday as buyers continued to grapple with the market’s summer time doldrums and regarded forward to the Federal Reserve’s annual assembly in Jackson Gap Friday.Bitcoin rose greater than 2% to $26,517.09. It has been hovering across the $26,000 stage since breaking beneath it out of the blue late final week and posted its worst week since Could. Ether added greater than 3% to commerce at $1,684.20.Binance coin, the third largest crypto asset by market cap excluding stablecoins, gained 4%. Tokens tied to Ethereum rivals…
The Twister Money web site displayed on a laptop computer and smartphone display organized in London, U.Ok., on Tuesday, March 15, 2022. Luke McGregor | Bloomberg | Getty PhotosTwo founders of Twister Money, the extensively recognized Russian cryptocurrency mixer, have been charged with laundering greater than $1 billion in felony proceeds.In a newly unsealed indictment, Roman Storm and Roman Semenov have each been accused of sanctions violations and laundering cash via Twister Money, together with a whole bunch of tens of millions of {dollars} for the Lazarus Group, a sanctioned North Korean state-backed hacking group.Prices within the indictment embody conspiring to…
Members of the Writers Guild of America (WGA) and the Display screen Actors Guild stroll the picket line outdoors of Netflix in Hollywood, California, on August 9, 2023.Frederic J. Brown | AFP | Getty PicturesHollywood producers are taking their newest contract proposal public as talks between the studios and writers union stay heated.The Alliance of Movement Photos and Tv Producers in a single day publicly revealed the most recent proposal, which they delivered to the writers on August 11. The supply addresses residuals and compensation, synthetic intelligence and elevated transparency relating to the streaming enterprise — the highest points for…
Apple has just lately cautioned customers of their on-line person information for people who are inclined to fall asleep whereas gripping their smartphones, particularly when the gadget is plugged in for charging. The steerage from the know-how large specifies that iPhones ought to solely be charged in well-ventilated settings and on flat surfaces, similar to tables. It explicitly discourages charging on comfortable surfaces like blankets, pillows, or one’s personal physique. As defined within the advisory, iPhones produce warmth whereas charging. When this warmth is unable to dissipate successfully because of restricted areas, it poses the danger of inflicting burns or,…
WhatsApp view-once pictures and movies can help you ship pictures and movies to different customers that may be opened solely as soon as, and the corporate is engaged on a tweak to the interface that may make sharing these messages simpler than earlier than. Based on particulars shared by WABetaInfo, a WhatsApp function tracker, the applying will enable customers to shortly share a picture or video from their digital camera roll with a few faucets. WhatsApp can also be engaged on the power to ship different message varieties as view-once messages, which suggests it could turn out to be the…