Reports Stack News and Updates

As per the government of the state of Karnataka, Foxconn is set to make a substantial investment of over $600 million in India. This investment will be directed towards two distinct projects: one in phone manufacturing and the other in establishing a semiconductor equipment facility. The move showcases Foxconn’s commitment ...

Lung cancer is among the most deadly forms of cancer, initiating from abnormal cell growth in the vital respiratory organ. According to the National Cancer Institute, lung and bronchus cancer account for the highest number of cancer-related fatalities, with an estimated 127,070 individuals projected to lose their lives to this ...

Following its successful launch from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, the Indian Space Research Organisation (ISRO) has achieved a significant milestone by deploying all seven Singaporean satellites into the near-equatorial orbit (NEO). The PSLV rocket, operated by ISRO, carried out the mission flawlessly, and approximately 23 ...

On Monday, the movie “Barbie” achieved a remarkable milestone by grossing an impressive $26 million, setting a new record as the highest-grossing Monday in Warner Bros.’ history. Additionally, it achieved another significant feat by becoming the highest-grossing film directed by a female director, Greta Gerwig, who skillfully presented the story ...

On Wednesday, during the second-quarter earnings report, Meta revealed significant financial challenges within its Reality Labs division. The unit, responsible for developing cutting-edge virtual reality and augmented reality technologies essential for fueling the metaverse, recorded a substantial operating loss of $3.7 billion. During the second quarter, the unit’s sales in ...

Taiwan Semiconductor Manufacturing Company (TSMC) has revealed its intention to invest approximately $2.87 billion (90 billion New Taiwan dollars) in an advanced chip packaging plant in Taiwan. This move comes as part of a broader effort by global chipmakers to tap into the opportunities presented by the artificial intelligence (AI) ...

“Barbenheimer” is taking the domestic box office by storm with a blazing start. The film, known as one-half of the viral internet meme “Barbie,” has already amassed an impressive $22.3 million in Thursday night preview ticket sales. This remarkable figure has set a new record for 2023, surpassing the first-night ...

NBC News has confirmed that China-linked hackers successfully breached the email account of U.S. Ambassador to China, Nicholas Burns, as part of a targeted intelligence-gathering campaign. According to NBC News, in addition to breaching the email account of U.S. Ambassador to China Nicholas Burns, the hackers also gained access to ...

In June, the rate of inflation in the UK experienced a notable decline, falling below the anticipated levels at an annual rate of 7.9%. Economists surveyed by Reuters had predicted that the consumer price index would rise by 8.2% annually, taking into account the previous month’s unexpectedly high reading of ...

In a recent statement, Elon Musk revealed that Twitter’s cash flow remains in the negative territory due to a significant drop of nearly 50% in advertising revenue, coupled with a substantial debt load. This update comes as a disappointment, as Musk had previously expressed optimism in March that Twitter could ...