October 9, 2024

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TSMC Expected to Report 30% Rise in Q2 Profit Amid AI-Driven Demand Surge

TSMC Surpasses Third-Quarter Revenue Expectations, Driven by AI Demand

by EDITORIAL TEAM

2 months ago

Key Points TSMC reports third-quarter revenue of T$759.69 billion ($23.62 billion), surpassing market expectations. Year-on-year revenue growth stands at 36.5%, driven by AI-related demand. TSMC’s revenue for September alone surged 39.6% year-on-year. The company’s stock has risen 72% in 2024, outperforming the broader market. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported third-quarter revenue that significantly exceeded both market forecasts and the company’s estimates, benefiting from strong demand for artificial intelligence (AI) technologies. TSMC’s revenue for the...

Latest October 9, 2024

security systems

Enhancing Security Systems with Machine Learning

by Al Mahmud Al Mamun

2 months ago

In an increasingly interconnected world, security has become a paramount concern for individuals, organizations, and governments. The rise of cyber threats, sophisticated attacks, and the need for swift and accurate responses have pushed the boundaries of traditional security systems. With the advent of machine learning, a powerful tool has emerged that can significantly enhance security systems and fortify defenses. In...

Ring Introduces AI-Powered Smart Video Search for Easier Footage Navigation

Ring Introduces AI-Powered Smart Video Search for Easier Footage Navigation

by EDITORIAL TEAM

2 months ago

Key Points Ring introduces AI-powered Smart Video Search for 24/7 footage navigation. Users can quickly type text queries to find specific events in their video history. The feature will be part of the new $20 Ring Home subscription service on November 5th. Despite past controversies, Ring emphasizes its commitment to privacy and responsible AI use. Last week, Ring, the Amazon-owned...

VMware Inc

VMware Inc.: Virtualization and Innovation Redefining IT Landscape

by EDITORIAL TEAM

2 months ago

In the ever-evolving landscape of technology, VMware Inc. emerges as a pivotal player that has adapted to the changing dynamics and actively shaped the IT landscape through its groundbreaking virtualization solutions. Founded in 1998 by a visionary team comprising Diane Greene, Mendel Rosenblum, Scott Devine, Edward Wang, and Edouard Bugnion, VMware's journey is a testament to its unwavering commitment to...

Technology News

S&P/ASX 200 Reach New All-Time Highs Driven by Financials and Healthcare Sectors

Stock Market News

Australian S&P/ASX 200 Decline as A-REITs, Financials, and Utilities Weigh on Market

by EDITORIAL TEAM

23 minutes ago

Australia Proposes Law to Curb Big Tech Dominance and Enhance Consumer Choice

Australian Watchdog Calls for More Internet User Choices Amid Big Tech Dominance

by EDITORIAL TEAM

3 hours ago

Quantum Internet

Future Tech News

Quantum Internet is a Glimpse into the Future of Digital Connectivity

by EDITORIAL TEAM

4 hours ago

Venus Likely Never Had Oceans or Life, Study Suggests

Venus Likely Never Had Oceans or Life, Study Suggests

by EDITORIAL TEAM

14 hours ago

Global Debt Hits Record $323 Trillion as Borrowing Soars in 2024

Global Debt Hits Record $323 Trillion as Borrowing Soars in 2024

by EDITORIAL TEAM

16 hours ago

Cryptocurrency Crash in 2022 A Case Study of Market Volatility

Cryptocurrency Crash in 2022: A Case Study of Market Volatility

by EDITORIAL TEAM

2 months ago

The cryptocurrency market, known for its rapid growth and volatility, faced a significant downturn in 2022, resulting in substantial financial...

AI Breakthrough in Protein Structure Prediction Wins 2024 Nobel Prize in Chemistry

AI Breakthrough in Protein Structure Prediction Wins 2024 Nobel Prize in Chemistry

by EDITORIAL TEAM

2 months ago

Key Points 2024 Nobel Prize in Chemistry awarded for AI-driven protein structure prediction. John Jumper and Demis Hassabis were recognized...

China Unlikely to Target European Luxury Goods Amid Ongoing Trade Tensions Over EV Tariffs

China Unlikely to Target European Luxury Goods Amid Ongoing Trade Tensions Over EV Tariffs

by EDITORIAL TEAM

2 months ago

Key Points China is unlikely to target European luxury goods in retaliation for EU EV tariffs. Luxury spending in China...

How to Secure Your Social Media Accounts

How to Secure Your Social Media Accounts

by EDITORIAL TEAM

2 months ago

With social media's growing prevalence, safeguarding your accounts has never been more critical. Social media platforms are prime targets for...

Australian Stocks Reach New All-Time High Amid Sectoral Gains

Australian Stocks Rise as IT and Telecom Sectors Boost Market

by EDITORIAL TEAM

2 months ago

Key Points Australian Stocks gained as the S&P/ASX 200 rose by 0.13%, led by gains in the IT, Telecom Services,...

MediaTek Unveils Dimensity 9400 Processor with Focus on AI, Mobile Gaming, and Efficiency

MediaTek Unveils Dimensity 9400 Processor with Focus on AI, Mobile Gaming, and Efficiency

by EDITORIAL TEAM

2 months ago

Key Points MediaTek's latest flagship mobile processor, Dimensity 9400, features AI-driven performance with the Agentic AI Engine. Improved CPU design...

Platform-as-a-Service

Platform-as-a-Services are Empowering Innovation in the Digital Age

by EDITORIAL TEAM

2 months ago

In the ever-evolving landscape of cloud computing, Platform-as-a-Service (PaaS) is a pivotal model that has been instrumental in transforming how...

Elon Musk’s X Restored in Brazil After Complying with Court Demands

Elon Musk’s X Restored in Brazil After Complying with Court Demands

by EDITORIAL TEAM

2 months ago

Key Points X was suspended in Brazil after defying court orders to ban accounts and remove harmful content. The platform...

DOJ Delays Decision on Prosecuting Boeing Over 737 MAX Settlement Violations

Boeing Withdraws Pay Offer Amid Stalled Talks with Striking Factory Workers

by EDITORIAL TEAM

2 months ago

Key Points After stalled negotiations, Boeing has withdrawn its pay offer to 33,000 striking U.S. West Coast factory workers. The...

Remote Patient Monitoring

Exploring Remote Patient Monitoring: Empowering Healthcare at a Distance

by EDITORIAL TEAM

2 months ago

In the age of connectivity, healthcare is transcending traditional boundaries. Remote Patient Monitoring (RPM) has emerged as a transformative trend,...

Atmospheric Water Generators Set to Reshape the Future

Atmospheric Water Generators Set to Reshape the Future

by EDITORIAL TEAM

2 months ago

In a groundbreaking stride towards sustainable technology, Atmospheric Water Generators (AWGs) are poised to transform how we access clean water,...

Autonomous Vehicles

Autonomous Vehicles: Pioneering the Future of Transportation | Podcast

by EDITORIAL TEAM

2 months ago

Your browser does not support the audio element. Pause ❚❚ 🔊 00:00 00:00 Autonomous vehicles are reshaping transportation, promising safer,...

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