Tech & Science

Action camera maker GoPro (GPRO.O) has announced that it will cut about 15 per cent of its workforce this year, as part of a restructuring plan to reduce operating expenses. ...

The European Commission said this week that it had approved a 5 billion euro ($5.5 billion) German state aid measure to support a new microchip manufacturing plant in Dresden for the European ...

Neapolis University Pafos (NUP) on Thursday announced the establishment of the Jean Monnet Centre of Excellence AI-2-Trace-Crime, a project supported by the European Union. According to the announcement, this ...

A state-of-the-art cable station and offshore submerging infrastructure will be built in Cyprus to enhance digital connectivity in the eastern Mediterranean. The strategic cooperation between Grid Telecom and Tamares Telecom ...

South Korean artificial intelligence chip makers Rebellions Inc and Sapeon Korea Inc have signed a definitive merger agreement, the privately held companies announced. They announced merger negotiations in June. The ...

Cargo ships and cruise liners may soon be harnessing the power of wind and waves to reduce their carbon emissions thanks to EU-funded researchers. By Tom Cassauwers In August 2023, a ...

Cisco Systems (CSCO.O) has announced that it is witnessing rebounding demand for its networking equipment and announced a 7 per cent cut in its global headcount to focus on high-growth ...

Google parent Alphabet (GOOGL.O) said this week it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities ...

Sahara AI, a startup integrating the blockchain and artificial intelligence, announced that it has raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and ...

China’s Lenovo Group (0992.HK) reported a 20 per cent rise in quarterly revenue this week, as the global personal computer market showed signs of recovery after a two-year slump. For ...

AI PCs accounted for 14 per cent of all personal computers shipped in the second quarter with Apple (AAPL.O) leading the way, according to research firm Canalys, as added artificial ...

Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 21 per cent in July, thanks to China’s strongest growth this year and despite dropping demand in ...

Eschatology Entertainment, a PC and console game development studio based in Nicosia, on Wednesday announced the closing of an $11.3 million investment round led by KRAFTON, with GEM Capital and The ...

Social media platform Bluesky said it has seen a surge in signups in the United Kingdom in the recent days, a sign that Elon Musk’s controversial comments on the ...

Meta Platforms (META.O) said on Tuesday that it welcomed Turkey’s reopening of access to its Instagram social media platform and that it continues to talk to Turkish authorities ...

Microbes and fungi have long been nature’s helpers in producing fine food, drinks and medicine, but new digital technologies could unlock far greater potential for the European biotech sector. ...

ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also targeted ...

Cyprus’ Deputy Ministry of Research, Innovation, and Digital Policy announced on Monday an open call for applications to recruit scientific collaborators.According to the announcement, these positions are linked to ...

For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ...

When Mike Hopkins was approached about leading Amazon Prime Video, his view of the streaming service matched one held widely in Hollywood — it was nothing more than a perk for ...

South Korean auto maker Hyundai Motor Company will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country’s Board of ...

Apple’s (AAPL.O) lucrative deal with Google (GOOGL.O) could be under threat after a US judge ruled that the Alphabet-owned search giant was operating an illegal monopoly. A ...

Robinhood (HOOD.O) beat Wall Street expectations for second-quarter earnings this week, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share ...

The sharp sell-off in tech stocks has created opportunities to buy into profitable companies at a cheaper price, the chief investment officer of HSBC’s private bank said this week. ...