An attendee tries a pair of Nreal mixed-reality glasses at the MWC Shanghai exhibition in Shanghai, China, on Tuesday, Feb. 23, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba led a $60 million investment round into augmented reality glasses maker Nreal, the start-up said on Wednesday, as Chinese technology […]
Technology News
By Fanny Potkin and Aditya Kalra SINGAPORE (Reuters) -E-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India’s retail market just months after starting operations there, the second pullback this month in an overseas expansion drive, as the loss-making firm faces a weak growth outlook. The […]
Okay this is embarrassing: The news I shared the other day, about the sharing of fake news, was fake. That news—which, again, let’s be clear, was fake—concerned a well-known MIT study from 2018 that analyzed the spread of news stories on Twitter. Using data drawn from 3 million Twitter users […]
By Akanksha Khushi and Krystal Hu (Reuters) -Instacart Inc on late Thursday cut its valuation by nearly 40% to about $24 billion due to recent market turbulence, in an unusual move that shows how public market volatility affects high-flying private companies.The new valuation marks a substantial drop from last March, […]
By Jane Lanhee Lee and Chavi Mehta (Reuters) – Nvidia Corp on Tuesday announced several new chips and technologies that it said will boost the computing speed of increasingly complicated artificial intelligence algorithms, stepping up competition against rival chipmakers vying for lucrative data center business. Nvidia’s graphic chips (GPU), which […]
As wireless carriers jostle to see who can win the race to deliver 5G services to customers, planning is already well under way for what comes next. Yes, we’re talking about 6G. That might seem premature, since 5G has a long way to go before most consumers and businesses have […]