Although TSMC secured many 10nm contracts from top companies and is already making products on their new 10nm FinFET process, due to increased competition from Samsung, the company decided to accelerate their 7nm plans. At first, the company won't utilise EUV technology
After South Korean companies posted the Q2 results, Huawei has also published its results, but for the first half of 2017. The numbers are definitely promising, as the Chinese company shipped 73 million smartphones in the first half of the year and 36% increase in revenue YoY.
Following many other companies, LG has now announced its second-quarter results for the 2017 and unfortunately results are not great. Unlike Samsung, who reported record best second quarter, LG's mobile division is still losing money. In the second quarter of 2017, it lost $117
A large bug bounty program has been revealed by Microsoft and it'll offer up to $250,000 for high-level bugs in Windows 10. The new "Windows Bounty Program" will give the most to those who track down severe Hyper-V vulnerabilities. Bounties were also available for Windows 8.1.
Facebook's popular messaging app WhatsApp now has over 1 billion daily active users, the company announced this week. That milestone was reached pretty fast, as the company just announced 1 billion monthly users in 2016. It also shared some other stats.
A secret team within Amazon, known internally as the "1492" group, is working on healthcare projects. CNBC says the team is developing both hardware and software. Some job postings that mention projects dealing with medical records are part of the evidence.
Twitter's user engagement figures aren't headed in the right direction. During the second quarter, the social network saw a decline in the number of monthly active users in the US. Revenue also fell by 5% compared to the previous quarter and the active user metric was stagnant.
Alphabet's YouTube Red and Google Play Music streaming options are merging to form a new service. They're already closely linked to each other since those who subscribe to one also receive access to the other. However, YouTube Red and Play Music are distinct services.
Samsung's financial report for Q2 2017 reveals the company had a record-setting $9.9 billion in profit from $54.8 billion in revenue. That impressive performance has come despite the company still being affected by corruption issues. Its revenue was up 20% year-on-year.
The leader of Bitcoin exchange BTC-e, Alexander Vinnik, was indited by a US jury on charges of money laundering. He was recently arrested in Greece based on a request from authorities in the US and he's allegedly been involved in money laundering through BTC-e for years.
Online shopping site in India Snapdeal has accepted Flipkart's latest buyout offer, according to a report from Reuters. Flipkart will pay $950 million for the acquisition, but it is still awaiting approval from Snapdeal shareholders. This is second big acquisition by Flipkart in
Consumers were accidentally allowed to preorder the SNES Classic from Walmart last week. In response, the retailer has confirmed all of those orders will be cancelled. A "technical glitch" caused the order page to go live before it was supposed to become available.
One of Apple's largest suppliers, Taiwan's Foxconn, is reportedly going to set up a display factory in Wisconsin, bringing up to 10,000 jobs to the state. It's been speaking with state officials around the country about investing $7 billion overall in manufacturing efforts.
Professional Overwatch players who are part of Blizzard's "Overwatch League" will receive at least $50,000 per year. The existence of guaranteed income and even a league structure like Blizzard has created continues to make Overwatch League an example of eSports' development.
Alexander Vinnik, an executive at Bitcoin exchange BTC-e, has been arrested in Greece due to potential money laundering activity. The Russian citizen was arrested based on a request from authorities in the US. BTC-e is one of the largest exchanges, but it's been down.
For months we've heard about potential moves from Apple suppliers to bring factories to the US, but nothing has been confirmed. Even if its suppliers don't begin producing devices in the country, US president Donald Trump claims Apple itself will establish three factories.
In only four months of being on the market, the Nintendo Switch is now close to reaching 5 million sales. Nintendo announced in its quarterly earnings report that the console had moved 4.7 million units as of the end of July. Some games have also had millions of sales,.
Apple has lost a patent infringement case and has been ordered to pay $506 million to the University of Wisconsin. This ruling doubled the damages figure initially handed down by a jury. The latest decision stems from Apple's original loss in the case in 2015.
During the recent's Q2 earnings, TomTom revealed that the wearables market has fallen short of expectations. The report also showed a 20% year-on-year decline in consumer revenue with poor performance in its Sports segment. Latest information suggests that key members of the
Japan's SoftBank is interested in investing billions in Uber, though it'll only make that move when the company has a new CEO, reports The Wall Street Journal. If its plan is successful, SoftBank will end up with a multi-billion dollar stake in the ridehailing company.