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Results for: Technology
Waymo’s self-driving cars in San Francisco were causing a ruckus, honking incessantly at each other in a parking lot, keeping residents awake at night. After a failed software patch and a resident’s live stream documenting the issue, a second patch was released, finally silencing the honking robocars.
Fabrinet’s stock price surged after the company reported impressive fourth-quarter earnings that exceeded analyst expectations. The company also provided positive guidance for the first quarter, indicating continued growth and profitability.
Otis Worldwide Corporation is focused on innovation and strategic investments to drive its growth. The company’s Thailand subsidiary recently launched its Gen3 connected elevator platform in Bangkok. This new platform features the Otis ONE IoT digital platform, offering real-time monitoring of equipment health and performance, enhancing safety through remote intervention, and providing a wide range of customization options. Otis’ commitment to innovation is evident in its significant R&D investments, and the company is well-positioned to benefit from the growing demand for smart and connected building technologies.
The highly anticipated iPhone 16 Pro series is expected to feature a bold bronze color option, significantly larger displays, enhanced performance with the A18 Pro chip, and increased battery life. The new models will also be manufactured in India, potentially leading to lower prices in the region.
Taiwan Semiconductor Manufacturing Co (TSM) has acquired Innolux Corp’s flat-panel display plant in Tainan for $530.6 million. This acquisition reflects Taiwan Semiconductor’s commitment to expanding its operations and increasing its capacity for chip packaging. Innolux is shifting focus to upgrading its existing facilities and expanding into chip packaging, while Taiwan Semiconductor aims to utilize the Tainan facility for future operations.
Kyle Vogt, former CEO of Cruise, expressed his approval of San Francisco Fire Chief Jeanine Nicholson’s retirement, attributing it to progress for autonomous vehicles. Nicholson, who has been a vocal critic of autonomous vehicle technology, recently acknowledged its presence and the need to find ways to work with it. Vogt’s remarks follow a long-standing debate surrounding the safety and effectiveness of autonomous vehicles in the city.
Senegal has achieved a significant milestone by successfully launching its first satellite, GAINDESAT-1A, from California. This achievement marks Senegal as one of only 12 African nations with their own surveillance and telecommunications satellites in space, showcasing the country’s commitment to technological advancement.
Ibrahim Al-Nasser has achieved a remarkable feat, connecting 444 gaming consoles to a single TV and earning a Guinness World Record. The setup, a testament to his dedication and organizational skills, features an impressive array of consoles, from the Magnavox Odyssey to the latest PlayStation 5 Slim.
A busy day in the news world features market gains for Indian tech giants, political intrigue in Jharkhand, salary clarification from Cognizant, and a tragic rape case in Kolkata. Read on for the latest updates.