When Brandon Fishman decided to offer a discount on his vitamin-infused coffee during Target’s weeklong deals event, he did not anticipate the negative repercussions it would have on his Amazon sales. The decision to lower the price of his product resulted in a significant drop in sales on Amazon, putting his business at risk. Amazon’s
Enterprise
As commercial space flight becomes increasingly common, more companies are entering the market to offer paid customers the opportunity to travel into space. Names like SpaceX, Blue Origin, and Virgin Galactic have made headlines in recent years for their efforts in this space. Now, new startups like France-based Zephalto, Florida-based Space Perspective, and Arizona-based World
Samsung’s mobile chief recently revealed to CNBC that the company is working on developing its suite of artificial intelligence features, Galaxy AI, specifically for the Chinese market. This move comes as Samsung aims to regain market share that has been significantly impacted by local players in China. Despite launching Galaxy AI this year with its
The European Union antitrust regulators recently concluded a four-year investigation into Apple’s tap-and-go payments technology by accepting commitments from the tech giant. This decision was made to address concerns surrounding the potential restriction of competition within the mobile wallets market on iPhones. Apple committed to allowing access to its tap-and-go payments technology to rivals, including
Samsung unveiled its latest foldable smartphones, the Samsung Galaxy Z Fold6 and Z Flip6, at the Galaxy Unpacked event in Paris. The company aims to reignite interest in its foldable devices by incorporating artificial intelligence features to enhance user experience and drive upgrades. The Samsung Galaxy Z Fold6 boasts a 7.6-inch display and a triple-lens
In the first half of 2024, hackers managed to steal a staggering $1.38 billion worth of cryptocurrency, more than double the amount stolen in the same period a year ago. This massive increase in crypto theft is concerning and highlights the pressing need for enhanced security measures within the crypto ecosystem. According to a report
Germany’s government has been in the spotlight recently due to its decision to sell off large amounts of bitcoin. The Bundeskriminalamt, also known as the Federal Criminal Police Office, has been actively selling bitcoin from a seized wallet. In June alone, 900 bitcoins worth approximately $52 million were sold, followed by an additional 3,000 bitcoins
Aidan Gomez’s journey in the field of artificial intelligence began as an intern at Google Brain in 2017. During his time at Google, he collaborated on the groundbreaking “Attention Is All You Need” paper, which introduced the transformer model and played a significant role in driving the generative AI revolution. Reflecting on the rapid advancement
Samsung Electronics saw its shares soar to the highest level in over five months after the South Korean tech giant announced better-than-expected profit forecasts for the second quarter of the year. The stock price surged by 2.24% on Friday morning, reaching 86,500 Korean won ($62.73) and marking a significant increase from the previous day’s closing
Bitcoin’s price plummeted to $57,000 per coin on Thursday, marking a two-month low. This drop came shortly after the U.S. Federal Reserve released minutes from its June meeting signaling that they are not yet considering a reduction in interest rates. The digital currency saw a significant 5% decrease in value within a 24-hour period, falling