Qualcomm Inc, the U.S. chip giant, announced on Monday that it would acquire Autotalks Ltd, an Israeli company that specializes in vehicle-to-everything (V2X) communications technology. V2X technology enables vehicles to communicate with each other and with the surrounding infrastructure, such as traffic lights and signs, to prevent collisions and improve traffic efficiency. V2X is seen…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
Alibaba’s logistics arm eyes up to $2 billion Hong Kong IPO in 2024
Alibaba’s logistics arm Cainiao Network Technology is aiming to raise up to $2 billion via a listing in Hong Kong likely early next year bolstering hopes for a capital markets revival in the Asian financial hub. According to Reuters, Cainiao’s initial public offering (IPO) plan comes after Alibaba announced in late March that it would…
Crypto broker Voyager Digital to liquidate assets and wind down business
Voyager Digital, a crypto broker that filed for bankruptcy last year, has announced that it will liquidate its assets and wind down its business. The decision comes after failed attempts to sell the company to FTX US and Binance US due to regulatory hurdles and other issues. The company’s customers will be able to recover…
Binance halts Bitcoin withdrawals twice in a day due to network congestion
Binance, the world’s largest cryptocurrency exchange by trading volume, has suspended Bitcoin withdrawals for the second time in a day, citing a surge in the Bitcoin network gas fee. The exchange announced on Twitter that it has paused “large volumes of pending transactions” and that its team is working to resume Bitcoin withdrawals as soon…
Deloitte launches blockchain-based digital wallet for verification credentials
Deloitte, one of the Big Four accounting firms, has announced the integration of blockchain technology to enable its customers to store verification credentials in a single digital wallet. The credential wallet, which is provided as a browser extension, will allow customers to streamline the “typically inefficient” verification processes such as Know Your Customer (KYC) and…
Oppo A98 5G: High-Resolution Renders and Specs Leak Online
Chinese smartphone maker Oppo’s upcoming device, the Oppo A98 5G, has been making its way through the certification process for some time now, and it seems the device is now closer to its launch. The smartphone has been subject to multiple leaks in recent weeks, including a massive specs leak, and now, high-resolution renders of…
Samsung’s unreleased mid-range phone, Galaxy F54 5G, spotted in online benchmark
Samsung’s new mid-range smartphone, the Galaxy F54 5G, has made an appearance in an online performance benchmark, hinting at its upcoming release. This latest leak follows the accidental release of a support page on Samsung’s India website last month that gave away the same model number. According to the benchmark, the Galaxy F54 5G runs…
Microsoft announces permanent price cut for Seagate Xbox Series X/S Expansion Cards
Earlier this week, a handful of retailers were offering discounts on Seagate’s Xbox Series X/S Expansion Cards, bringing them to all-time low prices. But the good news doesn’t end there. Microsoft has now announced a permanent price cut for the Expansion Cards, making them more accessible to consumers who were previously deterred by their high…
Google Pixel Watch 2 to launch with Pixel 8 and 8 Pro later this year
Google made its long-awaited entry into the smartwatch market last year with the Pixel Watch, a device that runs on Wear OS and features a circular display, a rotating crown and a sleek design. The Pixel Watch received positive reviews for its performance, software and fitness features, but also faced some criticism for its battery…
HTC teases a new smartphone for 2023 after a long hiatus
HTC, once a major player in the smartphone market, has been largely absent from the scene for years. The company sold part of its mobile business to Google in 2018 and focused on niche products like the HTC Desire 22 Pro metaverse phone. However, it seems that HTC is not ready to give up on…
Tesla raises prices of Model S and Model X cars in China
The prices of Tesla’s Model S and Model X cars have gone up in China, according to the company’s website on Friday. The electric car manufacturer increased the prices by 19,000 Chinese yuan, or approximately $2,749, for both models and their various versions. The Model S now costs 808,900 yuan, while the Model X costs…
Google’s Bard AI to be introduced as a home-screen widget on Pixel devices
Google is constantly innovating to bring new and exciting features to its users, and its latest development is no exception. The tech giant is reportedly working on introducing its Bard AI as a home-screen widget for Pixel smartphones and an upcoming tablet. This exclusive feature will offer an easy way to access the generative AI…