Business

Ferrari CEO Benedetto Vigna Unconcerned About Self-Driving Cars as Brand Focuses on Electric Vehicle Development

In a surprising stance, Ferrari CEO Benedetto Vigna has boldly stated that the iconic automaker has no interest in self-driving cars. While the industry at large is abuzz with advancements in autonomous vehicle technology, Ferrari remains steadfast in its commitment to preserving the essence of pure, driver-centric experiences. This resolute position comes as the brand …

Aristocrat Leisure Expands into iLottery Market with $1 Billion Acquisition of NeoGames

In a strategic move to tap into the burgeoning iLottery market, Aristocrat Leisure, the renowned gaming and entertainment company, has announced its plans to acquire NeoGames S.A., a software firm based in Israel, for a significant sum of US$1.0 billion ($1.5 billion). The acquisition is expected to bolster Aristocrat’s presence in the digital gaming industry …

InCore Semiconductors Raises $3 Million in Seed Funding to Enhance Processor IP Solutions

Chennai-based fabless-semiconductor startup, InCore Semiconductors, has successfully raised $3 million in a seed funding round led by Sequoia Capital India. The company plans to utilize the funds to further develop its portfolio of Core-Hub generators and reference SoC (System-on-Chip) platforms, with a specific focus on expanding its presence in various segments of the embedded chips …

AWS Unveils Amazon Aurora I/O-Optimized, Redefining Cost Efficiency for Users’ Databases

Amazon Web Services (AWS) has unveiled a new offering, Amazon Aurora I/O-Optimized, aimed at reducing database costs for users. This latest addition to the Aurora family is specifically designed to cater to applications that heavily rely on data input and output operations. With Aurora I/O-Optimized, users can expect substantial cost savings, potentially reaching up to …

Apple Anticipates Production Challenges for Reality Pro Launch, According to Reports

Apple Inc. is reportedly bracing for potential production issues ahead of the highly anticipated launch of its Reality Pro headset. According to a recent report by The Wall Street Journal, the tech giant is already aware of some challenges it may face during the manufacturing process. Despite these concerns, Apple remains committed to unveiling the …