All articles by Refna Tharayil
Refna Tharayil
Intel wins UK segment of global chip patent dispute with R2 Semiconductor
The dispute, which focused on R2 Semiconductor’s allegations that Intel had violated its patent by selling chips and processors equipped with fully integrated voltage regulators, was adjudicated by the High Court in London.
Meta’s Q2 2024 net income leaps by 73% to $13.5bn
During the reported quarter, the Facebook owner registered a total revenue of $39bn, which is 22% more compared to $32bn in Q2 2023
Samsung Electronics’ Q2 2024 operating profit surges 1,458% to $7.6bn
The company’s consolidated revenue for the quarter ended 30 June 2024 grew by 23.4% to KRW74.07 trillion ($54bn), compared to KRW60.01 trillion ($43.71bn) in the corresponding quarter of the prior year
UK CMA considers probe into Alphabet’s partnership with AI startup Anthropic
The British competition watchdog said that it is considering whether the AI collaboration between the tech companies created a relevant merger situation under the merger provisions of the Enterprise Act 2002
Microsoft’s net income for Q4 FY24 increases by 10% to $22bn
The American tech major’s total revenue for Q4 FY24 was $64.72bn, an increase of 15.2%, compared to $56.2bn in the corresponding quarter of the previous fiscal year
10% YoY increase in breach costs, reaching average of $4.88m, IBM report reveals
The latest report, which is based on an in-depth analysis of real world data breaches experienced by 604 organisations worldwide between March 2023 and February 2024, shows that recovery from breaches is becoming increasingly extended
Canva acquires generative AI content and research startup Leonardo.Ai
Through the acquisition of Leonardo.Ai, Canva plans to integrate the latter’s technology and Phoenix foundational model into its existing suite of Magic Studio products, including AI image and video generator Magic Media
HPE likely to get EC approval for $14bn acquisition of Juniper Networks
Announced in the early part of this year, the all-cash deal is expected to enable HPE to accelerate AI-driven innovation
30% of generative AI projects in businesses predicted to be abandoned by 2025
A study by Gartner argues that generative AI projects have necessitated a greater tolerance for indirect, future financial investment criteria rather than immediate returns on investment (ROI.)
UK joins WTO agreement to boost global digital trade
Finalised at the World Trade Organization (WTO), the E-Commerce Joint Initiative aims to make international trade faster, cheaper, fairer, and more secure