February 6, 2024

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Latest February 6, 2024

TSMC to Establish a Second Manufacturing Plant in Japan with Sony and Toyota

Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to inaugurate a second manufacturing facility in Japan, backed by technology titan Sony and automotive giant Toyota. The new factory, to be operated by Japan Advanced Semiconductor Manufacturing, Inc. (JASM), a venture majority-owned by TSMC, will commence construction this year, targeting operational readiness by the end of 2027. With an investment exceeding $20...

Amazon Introduces Rufus AI Assistant to Guide Users in Finding Products

Amazon has unveiled Rufus, its latest artificial intelligence assistant designed to assist shoppers with product inquiries, but the feature's debut has raised significant concerns and questions. Rufus aims to guide users in finding products that suit their needs. Amazon asserts that the company's practices foster competition and innovation within the retail industry. Nevertheless, the algorithm powering Rufus remains a closely...

Australian Stocks Downturn with Losses Driven by IT and Mining Sectors

Australian stocks experienced a downturn on Tuesday's close, with losses primarily driven by the IT, Metals & Mining, and Gold sectors. At the close in Sydney, the S&P/ASX 200 index declined by 0.58%, reflecting a broader trend of negative sentiment in the market. Among the top performers of the session on the S&P/ASX 200 was Omni Bridgeway Ltd. (ASX: OBL),...