business news

Samsung Electronics expects earnings increase for the fourth quarter on server chip demand

Samsung Electronics expects earnings increase for the fourth quarter on server chip demand

Samsung’s flagship mobile phone store on Nanjing Road Pedestrian Street in Shanghai, China, November 3, 2021. Wang Band | Future publishing | Getty Images Samsung Electronics said on Friday that its fourth-quarter operating profit likely jumped 52% year-over-year to the quarter’s highest level in four years, helped by solid demand for server memory chips and …

Samsung Electronics expects earnings increase for the fourth quarter on server chip demand Read More »

Household appliances, electronics to become more expensive

Household appliances, electronics to become more expensive

Prices for home appliances and consumer electronics, including TVs, washing machines and refrigerators, are expected to rise by 3-5% from the end of May or the first week of June, as manufacturers pass on the impact of the cost increase of input on buyers, according to sector operators. Furthermore, the depreciation of the Indian rupee …

Household appliances, electronics to become more expensive Read More »

People who test positive for Covid can get antiviral pills for free at the pharmacy, Biden says

People who test positive for Covid can get antiviral pills for free at the pharmacy, Biden says

Paxlovid, a Pfizer coronavirus disease (COVID-19) pill, was produced in Ascoli, Italy, in this undated photo obtained by Reuters on November 16, 2021. Pfizer | Pantry | via Reuters President Joe Biden on Tuesday said that Covid-19 positive Americans can receive antiviral pills for free at local pharmacies and community health centers as part of …

People who test positive for Covid can get antiviral pills for free at the pharmacy, Biden says Read More »

A Stanford PhD's plan to graduate 10,000 black engineers by 2025

A Stanford PhD’s plan to graduate 10,000 black engineers by 2025

Favor Nerrise, National President, National Society of Black Engineers (NSBE) Please Nerrise Favor Nerrise wanted to become a brain surgeon when he was 10, but was conflicted. “Brain surgery sounds interesting. But how can we improve surgical tools?” he remembers thinking. With her mother’s help, Nerrise searched online for robotics tutorials, training videos, and local …

A Stanford PhD’s plan to graduate 10,000 black engineers by 2025 Read More »

ASML's High-NA EUV lithography machine is set to transform chip manufacturing

ASML’s High-NA EUV lithography machine is set to transform chip manufacturing

China news service | China news service | Getty Images Dutch firm ASML, one of Europe’s hottest stocks, is working on a new version of its extreme ultraviolet lithography machine, which is used to carve patterns on pieces of silicon that form the world’s most advanced chips. Based in Veldhoven, a small village near the …

ASML’s High-NA EUV lithography machine is set to transform chip manufacturing Read More »

Big food automation is making its way onto the Main Street menu

Big food automation is making its way onto the Main Street menu

The Tally 3.0 autonomous mobile robot scans inventory in a grocery store. Simbe Robotics Automation and robotics are typically associated with multimillion-dollar budgets in multimillion-dollar companies. But as the cost of technology has dropped, it has become more affordable for smaller companies, even small businesses. Outside Atlanta in Jonesboro, Georgia, THAT Burger Spot !, a …

Big food automation is making its way onto the Main Street menu Read More »

More automation is needed in the supply chain due to Russian sanctions

More automation is needed in the supply chain due to Russian sanctions

A worker packs finished products into boxes at a PepsiCo plant in the Rostov-on-Don region, Russia, October 8, 2021. Erik Romanenko | Tas | Getty Images The images of container ships unable to unload cargo in the ports of Los Angeles and Long Beach late last year were a symbol of the problems facing the …

More automation is needed in the supply chain due to Russian sanctions Read More »

The Royal Mint will build a facility that will extract gold from electronic waste

The Royal Mint will build a facility that will extract gold from electronic waste

Smith / Gado Collection | Photo archive | Getty Images LONDON – The UK’s Royal Mint plans to build a facility that will extract gold from electronic waste, with the facility set to be fully operational in 2023. In a statement Monday, the government-owned company that makes coins and precious metal products said it will …

The Royal Mint will build a facility that will extract gold from electronic waste Read More »

Panera Bread tests automated coffee preparation with Miso Robotics

Panera Bread tests automated coffee preparation with Miso Robotics

Miso Robotics CookRight coffee system Source: Miso Robotica Panera Bread is experimenting with Miso Robotics’ new automated coffee making system as it doubles its beverage subscription program. It’s part of a broader shift in the restaurant business towards automation, as many restaurants struggle to find workers and labor costs rise. For example, McDonald’s is working …

Panera Bread tests automated coffee preparation with Miso Robotics Read More »

Former Twitter chief engineer on Elon Musk's plans to revamp Twitter

Former Twitter chief engineer on Elon Musk’s plans to revamp Twitter

SpaceX founder and chief engineer Elon Musk speaks during the Satellite 2020 conference in Washington, DC, United States, on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images The following is a selection from Big Technology, a newsletter from Alex Kantrowitz. To receive it in your inbox every week, you can sign up …

Former Twitter chief engineer on Elon Musk’s plans to revamp Twitter Read More »