As per a report, Canadian Prime Minister Justin Trudeau introduced that Canada would impose a 100% tariff on Chinese language electrical automobile imports. As well as, Ottawa will levy a 25% tariff on imported metal and aluminum from China.
A senior ally of Russian President Vladimir Putin claimed on Tuesday that Washington orchestrated the French arrest of Pavel Durov, the founder and CEO of Telegram, a messaging platform important for communication within the Ukraine battle.
Pavel Durov’s arrest has despatched shockwaves by Russia and raised international considerations about digital rights and freedom of expression. The arrest was led by Laure Beccuau, a outstanding determine in France’s judiciary.
Earnings Outcomes
PDD Holdings Inc. PDD reported fiscal second-quarter 2024 income progress of 86% Y/Y to $13.36 billion (97.06 billion Chinese language yuan), lacking the analyst consensus estimate of $14.02 billion. Adjusted earnings per ADS of $3.20 (23.24 Chinese language yuan), beating the analyst consensus estimate of $2.73.
Nvidia Corp. NVDA continued its streak of outperformance as the unreal intelligence stalwart’s second-quarter earnings and income outdid expectations.
Gaming
As the discharge date for Name of Responsibility: Black Ops 6 quickly approaches, Microsoft Corp.‘s MSFT Activision has formally introduced the minimal and advisable PC specs for the sport.
Sony Group Company SONY has launched a brand new Equipment app for Home windows, enabling PC customers to customise their PlayStation 5 DualSense Edge controllers.
Learn: PS5 Professional Leak Reveals Key Particulars: What We Know So Far
Arnaud Muller, the European CEO of Bandai Namco Holdings ADR NCBDY is optimistic concerning the online game trade regardless of the numerous upheaval over the previous two years, with an estimated 20,000 layoffs and quite a few studio closures.
Steam hits a brand new file with over 37 million concurrent gamers, pushed by the success of Black Delusion: Wukong and different prime video games.
Social Media, On-line Platform & Others
Walt Disney Co. DIS and pay-TV supplier, DirecTV, owned by AT&T Inc. T and TPG Capital are at the moment in contract renewal talks that may reshape the pay-TV panorama.
Amazon.com, Inc. AMZN has introduced the launch of its synthetic intelligence-powered purchasing assistant, Rufus, in India. This comes after Rufus’s profitable introduction within the United States six months prior.
HMD International, the corporate behind Nokia Corp. NOK-branded telephones, has teamed up with toy producer Mattel Inc. MAT to introduce a Barbie-themed flip cellphone.
The Supreme Court docket of Brazil imposed a monetary freeze on Elon Musk‘s Starlink, a subsidiary of SpaceX. This motion is a part of an escalating authorized dispute that might doubtlessly result in the suspension of Musk’s social media platform, X, in Brazil.
Know-how
Meta Platforms Inc. META has reportedly determined to discontinue the event of a headset supposed to rival Apple Inc.‘s AAPL Imaginative and prescient Professional.
Meta has reportedly determined to discontinue its customized chip growth for its upcoming augmented actuality glasses.
Apple is all set to launch the iPhone 16 alongside the brand new Apple Watch and AirPods at an occasion on September 10, days after a leaked invite pointed on the chance.
Forward of the extremely anticipated launch of its synthetic intelligence-equipped iPhones, Apple has reportedly elevated its orders for brand new iPhones, signaling sturdy confidence in its upcoming merchandise.
Apple’s burgeoning operations in India are set to generate round 600,000 jobs by the shut of this fiscal yr. This surge in job creation is a results of the tech large’s strategic transfer to diversify its manufacturing from China.
Additionally Learn: Apple Analyst Says ‘Historic’ Improve Cycle Will Push Valuation Previous $4 Trillion As Cupertino Units Date For AI-Enabled iPhone Launch
Apple‘s CFO Luca Maestri determined to step down in Jan. 2025, with Kevan Parekh stepping in as a part of a deliberate succession.
Edward Snowden, the well-known Nationwide Safety Company whistleblower has criticized the arrest of Telegram founder and CEO Pavel Durov, calling it a violation of human rights.
Additionally Learn: Mark Cuban Asks Elon Musk To Share Supply Code Of Algorithm That Decides Fame, Relevancy, And Similarity Standards Of Posts On X
Alphabet Inc. GOOG-owned Google Chrome has launched a brand new characteristic for Android customers. The replace features a delicate vibration that happens when customers pull to refresh a web page.
Google has rolled out a brand new characteristic designed to speed up e-mail replies in Gmail for Android customers, enhancing productiveness and communication effectivity.
Synthetic Intelligence (AI)
Because the world of synthetic intelligence continues to advance, a number of tech leaders, together with OpenAI co-founder and CEO Sam Altman, and Geoffrey Hinton, one of many godfathers of AI, amongst others, have expressed considerations concerning the impression of this bleeding-edge expertise on jobs.
In a current growth, Anthropic has introduced updates to the default system prompts for text-based dialogues on its AI platform, Claude.ai, in addition to the Claude iOS and Android functions.
Two former Open AI workers wrote to California’s Governor Gavin Newsom final week expressing their disappointment on the firm’s arguments in opposition to SB 1047, a invoice proposed in California to position security protocols within the growth of synthetic intelligence.
NVIDIA-backed Sustainable Steel Cloud has developed expertise to chop power consumption in synthetic intelligence knowledge facilities by as much as 50%.
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