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Foxconn logs second straight quarter of profits as AI demand surges
Taiwanese tech giant Foxconn on Thursday reported a second straight quarter of profit growth, with the Apple supplier boosted by demand for AI hardware and infrastructure. Thursday's figures follow better-than-expected profits in its third quarter thanks to rising demand ahead of the holiday season.
China says US TikTok vote follows 'logic of a bandit'
China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its Chinese parent company, blasting Washington's "bandit" mentality and vowing Beijing would "take all necessary measures" to protect the interests of its companies overseas.
Foxconn reports 33% rise in fourth-quarter net profit
Taiwanese tech giant Foxconn on Thursday reported a 33 percent jump in net profit during the final three months of 2023, marking the second straight quarter of growth for the Apple supplier. The boost came on the heels of two consecutive quarterly misses -- with January-March seeing a drop of 56 percent and a one percent fall in the following three months.
At Texas arts and tech fest, virtual reality is perfectly human
At South by Southwest -- the gargantuan Texas festival for cinema, music and tech -- artists this year embraced virtual reality as a way to better connect with humanity, not escape it. "Today, we can program anything we want," she said, but "it takes human intelligence to be artistic, to find the right connections."
Boom times for Myanmar opium farmers as coup chaos bites
In a remote corner of Myanmar a line of farmers move through a field of nodding poppies, making small cuts in the greenish-purple pods to release opium resin. "I can only know about my region of poppy fields," he said.
Asian markets mixed as traders eye US data, looming Fed meeting
Asian markets were mixed Thursday after a tepid day on Wall Street, with traders looking forward to a string of US data that could help sway Federal Reserve officials ahead of their policy meeting next week. Asian traders also moved cautiously.
SpaceX poised for third launch test of Starship megarocket
SpaceX plans on Thursday to attempt another launch of Starship, the world's most powerful rocket that is vital to NASA's plans for landing astronauts on the Moon later this decade -- and Elon Musk's hopes of eventually colonizing Mars. But the clock is ticking down for SpaceX to be ready for NASA's planned return of astronauts to the Moon in 2026, using a modified Starship as the lander vehicle.
OpenAI partners with Le Monde and Prisa Media
OpenAI on Wednesday announced partnerships with French daily Le Monde and Spanish conglomerate Prisa Media, saying it intends to develop news-related uses of its ChatGPT artificial intelligence tool.
UK to ban foreign state ownership of British newspapers
The UK announced Wednesday that it plans to bar overseas governments from owning British newspapers, a move that could scupper the contentious Abu Dhabi-led takeover of the Telegraph Media Group. The announcement sparked an uproar in British media circles and the UK government quickly opened a formal probe into the sale on public-interest grounds.
AFP
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