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Tecno Unveils the Phantom Ultimate 2 Trifold Design Phone

  The Phantom Ultimate 2 is Tecno’s first triple foldable concept phone. It follows the Phantom Ultimate, a rollable concept phone. Following the discovery of a trifold phone from Huawei, we now have another Chinese company in the mix: Tecno's Phantom Ultimate 2, a concept phone that was unveiled on Tuesday at the Berlin IFA technology conference. According to Tecno, this foldable phone "reimagines the large-screen experience in a pocket-sized device." In contrast to book-style folding phones like Samsung's Galaxy Z Fold 6 or Google's Pixel 9 Pro Fold, the Phantom Ultimate 2's cover screen unfolds into a larger "screen" measuring 10 inches, which is noticeably larger than the 7.6- and 8-inch displays found on its book-style peers. Tecno claims that portability is not compromised by the Ultimate 2. The proposed trifold phone model has a thickness of 11.1 millimeters, which is marginally thicker than the existing book-style phones. The Phantom Ultimate...

S&P 500 futures slightly decline as Wall Street awaits Nvidia's earnings report: real-time updates

As investors awaited Nvidia, a chipmaker, to release its quarterly earnings results on Wednesday following the bell, S&P 500 futures saw a little decrease on Tuesday night. Nasdaq 100 futures down 0.14%, while futures linked to the broad market index fell 0.02%. The Dow Jones Industrial Average futures were nearing the zero line. Following the release of adjusted profits for the second quarter that above forecasts, Nordstrom saw a 7% increase in after-hours trading. Ambarella, a semiconductor developer, saw a roughly 20% increase based on optimistic revenue projections for the third quarter. Calvin Klein's owner PVH plummeted more than 7% due to a dismal forecast for the current quarter. The tech-heavy Nasdaq Composite and the general market index both gained roughly 0.2% during Tuesday's trading session. Both indices were supported by Nvidia's 1.5% rise, which was announced. In contrast, the 30-stock Dow gained just 0.02%, which was sufficient to establish a record clo...

At a Delta Air Lines plant in Atlanta, a tire explosion claimed the lives of two workers and injured one.

  At a Delta Air Lines maintenance facility close to the Atlanta airport on Tuesday, a tire explosion claimed the lives of two workers and critically injured another. According to Delta, the explosion happened inside a wheel and brake shop when wheel components were being dismantled for repair. According to the airline, the pieces were not at that time affixed to a plane. According to the federal Occupational Safety and Health Administration, an inquiry has been launched. Delta stated that it was collaborating with law enforcement and that the explosion's cause remained undisclosed. The airport said flights were unaffected, and Delta said its maintenance operation was unaffected. "The Delta family is heartbroken at the loss of two team members and the injury of another following an incident this morning at the Atlanta Technical Operations Maintenance facility," Delta said in a statement. "We have extended our full support to family members and colleagues during this ...

CEO of the messaging app Telegram Durov was reportedly detained in France, according to French media.

PARIS (Reuters) - Pavel Durov, the founder and CEO of the messaging app Telegram, is a Russian-French billionaire. He was detained on Saturday night at the Bourget airport outside of Paris, according to TF1 TV and BFM TV, which cited anonymous sources. Durov was traveling in his private jet, according to TF1's website, which also stated that he was the subject of an arrest warrant in France as part of an initial police investigation. With close to one billion users, Telegram is particularly influential in Russia, Ukraine, and the former Soviet Union. It is ranked as one of the major social media platforms after Facebook, YouTube, WhatsApp, Instagram, TikTok, and Wechat. The French Interior Ministry and police had no comment. TF1 and BFM both said that the investigation was focused on a lack of moderators on Telegram, and that police considered this situation to allow criminal activity to go on undeterred on the messaging app. Durov, a Russian native, and his brother launched Telegr...

The Use of GenAI Technology in Programming Is Profitable

  Although generative AI is still in its infancy, it has apparently shown its worth in powering coding assistance rather quickly. According to a Financial Times story published on Friday, August 23, GitHub Copilot, an AI coding helper owned by Microsoft, has attracted around 2 million paying customers since its inception in 2022 and has helped GitHub's income rise by 45% year over year. GitHub CEO Thomas Dohmke stated in the article, "We found very quickly that GPT-3, OpenAI's first big model, was so good at creating code that we could develop a solution around this." The study claims that AI assistants for creating and modifying code have also been developed by Amazon, Meta, and Google. In this space, a number of startups are also in competition: Replit, Anysphere, Magic, Augment, Supermaven, and Poolside AI. According to the study, these companies have raised $906 million since January 2023, including $433 million thus far in 2024. According to a 2023 McKinsey estim...

Deadlock is a game that Valve formally says is "in early development."

For months, the multiplayer game was essentially undiscovered. In the most understated manner possible, Valve has finally and formally unveiled Deadlock. The game now has a straightforward announcement and a Steam page with Valve listed as the publisher and developer: Deadlock is a work in progress that features a lot of impromptu artwork and experimental gameplay. Right now, only friends invited by our playtesters can access. Valve only offers an animated teaser image without any other information. (A still screenshot of it is shown above.) All that is specified in the system requirements is that the game needs an operating system and processor that are 64-bit. Although the game has supposedly been kept under wraps until now, information about it has been leaking for months. Data from closed playtests began to surface in May. Tens of thousands of individuals have joined the game by August as more players encouraged their friends to give it a try. The Verge published a hands-on preview...

Nvidia's Stock Rises as Earnings Forecasts Raise

 Important lessons learned The rising anticipation for Nvidia's earnings announcement on Wednesday may make it more difficult for the AI chipmaker to win over investors. In only the previous 48 hours, consensus projections for Nvidia's second-quarter revenue and earnings increased by hundreds of millions of dollars.  With Friday's gain of over 4%, Nvidia's stock has increased by over 160% from the year's beginning. The anticipation surrounding Nvidia's (NVDA) results report on Wednesday is growing, which may make it more difficult for the artificial intelligence (AI) darling to win over investors.  Visible Alpha believes that Nvidia's net income is expected to increase by $120 million to $14.95 billion, while consensus predictions for the company's second-quarter revenue increased by $170 million to $28.84 billion in just the last 48 hours.  Although some experts have long expressed concerns about investors' expectations surpassing Wall Street predic...