Items tagged with Economy
Artificial intelligence features and tools are making their way into every facet of life, from your computer at home to search engines and productivity tools. With this advancement, there has been a growing concern that AI will be replacing jobs, and research indicates that 40% of all jobs globally could be at risk of...
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Since the early May 2022 cryptocurrency crash, cryptocurrency, in general, has seemingly lacked excitement. However, Bitcoin has seen impressive growth over the course of 2023. It has seen gains of 173% to crest over $45,000, marking a 21-month record high. This comes as optimism for exchange-traded Bitcoin swells...
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The U.S. government stepped in on Sunday to assure depositors would have access to their money following the collapse of two banks, Silicon Valley Bank and Signature Bank. Treasury Secretary Janet Yellen stated that the federal government, however, would not be protecting the shareholders and that senior management of...
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Google CEO Sundar Pichal takes full responsibility for the upcoming layoffs at the company in an email sent out to employees earlier today. Pichal stated that the tech company hired for a "different economic reality than the one we face today," and that the layoffs are an effort to align with Google's "highest...
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These are interesting times for Sony. The company's great rise has given way to tougher times of late, with intense competition in everything from digital imaging, to gaming, to HDTVs. As these major corporations often do in times of contractions, Sony has announced that it has sold its Sony City Osaki office building...
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It's the American Dream. Come up with a great idea, get investors, and you're on you way to wealth and unauthorized biographies about your life. The White House is throwing its weight behind a new way to better support hopeful tech entrepreneurs based on the mentorship model. About two weeks ago, TechStars Network...
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Quanta Computer. You may have never heard of them. You've probably never visited their website. You've definitely never seen an advertisement for their company on the television. So why are they so important? They're the contract notebook computer maker for some of the world's biggest laptop brands, including Hewlett-Packard, Dell and Sony....
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One million. That's a pretty large number. In fact, that's a really hefty sum. And it's even larger when you hit that figure from 0 in three weeks. That's exactly what Sony has accomplished, as its newest PlayStation 3, hailed by many as the "PS3 slim," has sold one million units since debuting three weeks ago in...
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Intel may still have the lion's share of the market in the microprocessor realm, but AMD isn't doing too bad for itself these days either with all things considered. Aside from introducing a litany of new technologies and devices over the past week, the company also took time to beef up its distribution strategy...
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Don't look now, but it seems as if PC sales are on the up and up. While GPU makers, PC builders and basically every other related company in the industry suffered through the first two quarters as the recession loomed, Dell's latest figures are showing a sign of light in the darkness. Out of nowhere, the Texas-based outfit reported that its...
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Let's face it--Apple's App Store is big business. Really big. And if you paid any attention to the fact that Apple saw its 1.5 billionth (yes, with a "B") app downloaded back in July, you'd know that things still weren't even close to slowing down. But have you ever stopped to think about just how much cash is being...
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The Internet could be described as something of a youthful beast. But even still, the very first domain name to be purchased and registered brings a tear to the eye of anyone that remembers when the Internet was only accessible via a 14.4k modem and an ISP that charged by the minute. Believe it or not, it wasn't...
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Tomato, to-mah-to. Netbook, Mini-Note. Despite the fact that DisplaySearch refers to the well-known netbook as a Mini-Note, we still catch the research outfit's drift: shipments of these mini notebooks are expected to surge this year.With the economy forcing consumers to take a closer look at just how much they spend on their next mobile PC,...
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As the economy here in America creeps back into gear, the online gaming industry is reaping the benefits. According to a new survey, video game addicts who aren't already turning their attention to the tube (or even a subset of those who are) are looking to low-cost online games to pass the time.Industry tracker ComScore found that around...
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Ever since this so-called "recession" thingy got the media all hot and bothered a few months back, we'd been hearing that more and more individuals were finding ways to stay entertained at home. Now, we finally know what they've been doing at the domicile: gaming.A new research report published this week by the Nielsen Company shows a sharp...
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Think of it as the computer company that just...won't...die. After being lambasted by Apple from day one, dealing with more threats and lawsuits in a year that most of us will hear of in a lifetime and eventually filing for bankruptcy, the infamous Mac clone maker known only as Psystar is back. Shortly before most of America hits the pause...
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It's a tough time for Blu-ray to be really hitting its stride. Many consumers are still wary due to the battle with HD-DVD, and frankly, many are still content with DVD. In too many cases, upscaled DVD looks "good enough" for consumers, and only those with oodles of disposable income are willing to fork out for Blu-ray. Blu-ray player prices...
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Sigh. Another shot, another failed attempt. Yahoo 360 -- which is Yahoo's second major attempt to break into the social networking scene -- is quietly folding early next month. The news comes a few years after Yahoo! Mash also faded into the distance, and it'll be almost two years since Yahoo has devoted any support to the site whatsoever.In...
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We've always been somewhat skeptical of these so-called "surveys." With the proliferation of the Internet, it's pretty easy to fetch any kind of results you could ever want, but we tend to feel that these findings are at least somewhat substantiated. As part of a new 'Women & Digital Life' study, researchers found that Apple was the most...
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Here lately, it's been Nintendo bragging about massive sales numbers. This week, however, it's all about Microsoft. First comes the launch date of Bing, and now we're told that the firm's Xbox 360 is selling like hotcakes. In fact, sales of the unit have surpassed 30 million worldwide, which ain't too shabby for a company that just leaped...
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We've always heard that setting your sights high was the best way to come close, but evidently Asus isn't up to speed on that mantra. Currently, it's the world's fifth largest PC maker, and while one might assume that it would aspire to be number one, a recent Reuters report says otherwise. In fact, it's openly aiming to grab the bronze medal...
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You remember Psystar, don't you? How could you not, right? The company famous (or should we say infamous?) for forging ahead with production on Mac clones even as lawsuits from Apple piled up has finally caved, but not to Apple. No, it has caved to the pressures of financing a business.According to a new report up at The Mac Observer, the...
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