List of All Articles with Tag 'tech'

By Tanya Jain and Stephen Nellis (Reuters) -Cadence Design Systems Inc on Monday raised its full-year revenue forecast to slightly

By Zaheer Kachwala and Krystal Hu (Reuters) -SoftBank Group is forming a joint venture with warehouse automation company Symbotic to

By Foo Yun Chee Adobe's $20 billion bid for cloud-based designer platform Figma will face a full-scale EU

Adobe Inc.’s $20 billion takeover of design startup Figma Inc. is on course for an in-depth investigation from

China’s largest battery maker for electric vehicles has launched an aviation division in preparation to begin mass production of electric planes, according to reports. Contemporary Amperex Technology (CATL), which supplies batteries for Tesla, claims to have achieved the “holy grail” energy density required for commercial electric aircraft of 500 Watt-hours per kilogram (Wh/kg). The company announced the feat at the Auto Shanghai trade fair earlier this year, with chief scientist Wu Kai claiming that it was poised to begin production of a commercially viable battery for electric aircraft. “With an energy density of up to 500Wh/kg, it can achieve a high energy density and a high level of safety at the same time in a creative manner, opening up a brand-new electrification scenario of passenger aircrafts,” the company said in a statement at the time. “CATL can achieve mass production of condensed battery for electric vehicles in a short period of time.” CATL has now launched a joint venture with state-owned plane manufacturer Commercial Aircraft Corporation of China (COMAC), Yicai Global reported, following four years of research into the technology. The advent of electric aircraft has become a realistic prospect in recent years following several major battery breakthroughs that have the potential to overcome cost and capacity limitations. Israel-based startup Eviation completed the first flight of an electric commuter plane last year, taking off from an airport in Washington before touching down eight minutes later. The Alice aircraft is capable of transporting nine passengers and their luggage, or a tonne of cargo, and has been hailed as the first battery-powered plane viable for short-haul commercial journeys of up to 645km (400 miles). Regional airlines and logistics firms in the US have already ordered more than 200 Alice planes, with Eviation aiming to fulfil the orders by 2026. The Independent has contacted CATL for a production timeframe of its electric plane batteries. Read More Battery breakthroughs are about to trigger a transport revolution

Verizon Communications Inc. is raising the monthly price on its wireless home internet offering by $10, marking the

Twitter has rebranded to X as part of Elon Musk’s plan to create an “everything app”. The tech billionaire, who took over the platform in October 2022, replaced the famous blue bird with the new logo on Monday after crowdsourcing ideas from users over the weekend. He also reportedly informed employees by email that Twitter would become X, as well as redirected the domain X.com to Twitter.com. Linda Yaccarino, who Mr Musk hired to be the chief executive of Twitter last month, confirmed the switch in a series of tweets late on Sunday. “It’s an exceptionally rare thing – in life or in business – that you get a second chance to make another big impression,” she wrote. “Twitter made one massive impression and changed the way we communicate. Now, X will go further, transforming the global town square.” Ms Yaccarino described the app as the “future state of unlimited interactivity”, incorporating audio, video, messaging, payments and banking. “There’s absolutely no limit to this transformation,” she added. “X will be the platform that can deliver, well... everything.” Mike Proulx, research director at Forrester, said on Sunday that the move would further alienate Twitter’s original, and once fiercely loyal, user base. “On the one hand, you can make the argument he would be getting rid of an iconic brand. On the other hand, he is signalling it is a new day for what was once Twitter and that the company is heading in a different direction with a different user base.” Mr Musk said in a Sunday post he wanted to change Twitter’s logo and polled his millions of followers whether they would favour changing the site’s colour scheme from blue to black. He posted a picture of a stylized X against a black outer space-themed background. “And soon we shall bid adieu to the Twitter brand and, gradually, all the birds,” he said. Under Mr Musk’s tumultuous tenure since he bought Twitter in October, the company has changed its business name to X Corp, reflecting the billionaire’s vision to create a “super app” like China’s WeChat. In April, Twitter’s legacy blue bird logo was temporarily replaced by Dogecoin’s Shiba Inu dog, helping drive a surge in the cryptocurrency’s market value. The company came under widespread criticism from users and marketing professionals when Musk announced earlier this month that Twitter would limit how many tweets per day various accounts can read. The daily limits helped Meta Platforms-owned rival service Threads, which crossed 100 million sign-ups within five days of its 5 July launch. Twitter did not respond to a request for comment about the latest changes. Additional reporting from agencies Read More What is Elon Musk’s ‘everything app’ X? TikTok is now most favourable single source of news in UK teenagers, research shows Apple’s next iPhone may include new battery technology, report suggests Battery breakthroughs are about to trigger a transport revolution

A new planet has been discovered and apparently it is pretty fluffy - like candy floss. The exoplanet, WASP-193b, was discovered 1,232 light-years away and while it's nearly 50 percent bigger than Jupiter, it's light and fluffy making it as dense as the sweet treat. According to a team led by astronomer Khalid Barkaoui of the University of Liège in Belgium, the planet orbits a Sun-like star named WASP-193. This star is around 1.1 times the mass and 1.2 times the radius of the Sun and is very close to the Sun in temperature and age. The planet orbits the star around once every 6.25 days. Barkaoui and his colleagues also found its radius is around 1.46 times the radius of Jupiter. But its mass is incredibly small by comparison: just 0.139 times Jupiter's. Sign up to our free Indy100 weekly newsletter From these properties, the researchers derived the exoplanet's density: 0.059 grams per cubic centimeter. This is a lot less dense than other planets like Jupiter and Earth. And as a point of comparison, cotton candy has a density of 0.05 grams per cubic centimeter which is why they made the link. There are few other examples of a planet like this existing but its close proximity to a star may give an indication as to how it came to exist as its heat is likely to have warmed up the planet's puffy atmosphere, which is mostly made up of hydrogen and helium. This state of the planet is only set to last for around a few ten million years as the temperatures and winds emitted from the star are only likely to strip back the atmosphere further. Due to this scientists cannot fully recreate or determine what is causing WASP-193b's unique atmosphere but is it likely to be a continued source of study to try and determine the cause of this phenomenon. You probably won't find this planet sold at fairgrounds any time soon though. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

The creator of the hugely popular AI bot ChatGPT has launched a controversial project that offers users a free share of cryptocurrency in exchange for their biometric data. Nearly four years after founding Worldcoin, OpenAI boss Sam Altman announced on Monday that the crypto wallet and app is now available in countries where it is not banned for regulatory or legal reasons. More than 1.5 million people signed up to the venture prior to its official launch, each receiving a share of Worldcoin tokens in exchange for scanning their iris using a silver orb developed by the startup. The biometric data was used to verify each individual’s “unique personhood” and ensure that no one signed up more than once. Each person will now be able to use the Worldcoin token, which is currently valued at $2.59 (£2), according to CoinMarketCap, having begun trading on Monday just below $2. Worldcoin (WLD) is similar to other cryptocurrencies like bitcoin, in that it uses blockchain technology to enable digital transactions. According to its website, people can use it for “remittances, [to] tip artists, [and] buy and sell goods and services”. The main differentiator is the way that users sign up, with privacy advocates warning that it could lead to a black market of people’s iris scans. Worldcoin has defended its technology by claiming that its orb is only used to check that a person is unique and has not signed up before. The startup’s website states: “We don’t want to know who you are, just that you are unique”. Worldcoin co-founder Alex Blania wrote in a note published on Monday that he believed Worldcoin “could drastically increase economic opportunity, scale a reliable solution for distinguishing humans from AI online while preserving privacy, enable democratic processes, and eventually show a potential path to AI-funded universal basic income.” He added: “Worldcoin is an attempt at global scale alignment, the journey will be challenging and outcome is uncertain. But finding new ways to broadly share the coming technological prosperity is a critical challenge of our time.” Worldcoin does not list the countries in which it operates – The Independent has reached out for further information – though it is not yet available in Mr Altman’s native US. The startup founder was only able to sign up himself on a trip to Europe earlier this year. “Like any really ambitious project, maybe it works out and maybe it doesn’t, but trying stuff like this is how progress happens,” Mr Altman tweeted following Worldcoin’s launch. “In either case, we especially love our haters, it gives us energy, please keep it coming.” Read More What is superintelligence? How AI could wipe out humanity – and why the boss of ChatGPT is doomsday prepping How bad is bitcoin for the environment really? Crypto experts discuss bitcoin price predictions What is Solana? The crypto rising 200-times faster than bitcoin

(Reuters) -Shares of Wall Street's most valuable companies were mixed on Friday ahead of a rebalance of the Nasdaq 100

Spotify Technology said on Monday it was raising the prices for its premium plans by $1 each in

SoftBank Group Corp. is setting up an artificial intelligence-oriented warehousing joint venture with Symbotic Inc. and buying more