MEUDON, France--(BUSINESS WIRE)--Jul 25, 2023--

LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Jul 25, 2023--

TSMC, the world's largest chipmaker, says it plans to invest nearly 90 billion New Taiwan dollars ($2.9 billion) to build an advanced chip plant in Taiwan, as it expands production to meet booming demand for artificial intelligence (AI) products.

By Tim Hepher and Mathieu Rosemain PARIS (Reuters) -France's Thales said on Tuesday it would buy U.S. cybersecurity company Imperva

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Jul 25, 2023--

TikTok has launched a new text-based feature to rival other social media platforms like Meta’s Threads and Elon Musk’s X app. The Chinese-owned app unveiled the new feature on the same day that Mr Musk rebranded Twitter to X, which the tech billionaire plans to transform into an “everything app” like China’s WeChat. TikTok claimed in a blog post published on Monday that the latest format would “empower” its users. “Text is the latest addition to options for content creation, allowing creators to share their stories, poems, recipes, and other written content on TikTok – giving creators another way to express themselves and making it even easier to create,” the blog post stated. “With text posts, we’re expanding the boundaries of content creation for everyone on TikTok, giving the written creativity we’ve seen in comments, captions, and videos a dedicated space to shine.” TikTok gained huge popularity through short-form video content – briefly overtaking Google to become the most popular destination on the internet in 2021 – and has since expanded to support images in an effort to take on Instagram. Earlier this month, TikTok also launched a music streaming service that offers an alternative to giants like Spotify and Apple Music, however it is currently only available in Brazil and Indonesia. TikTok said in a press release at the time that it “plans for further growth in other markets”. The new text feature looks more similar to Instagram Stories in appearance, offering colourful backgrounds and the ability to add stickers to a post. Unlike Threads or X, TikTok’s text posts will also support sounds that play in the background, similar to its video- and image-sharing features. “Sounds are core to the TikTok experience, which is why we’ve incorporated them into text posts,” the company explained in a note to users. “You’ll be able to add tunes that readers can groove to as they peruse your writing.” Posts have a 1,000-character limit – shorter than the 10,000 limit offered to paying X users but more than the 500-character limit on Threads. Read More What is Elon Musk’s ‘everything app’ X? Schoolboy almost dies from swallowing magnets for TikTok challenge Woman shares honest review of New York City apartment TikTok mom slammed after making 5-year-old son run in 104 degree heat

LONDON--(BUSINESS WIRE)--Jul 25, 2023--

Spotify has increased the subscription prices of its premium plan in many parts of the world, with an individual plan going up by £1 in the UK. The price rise comes following Spotify chief Daniel Ek suggesting during an April earnings call that there could be an increase in subscription fee soon. The changes also come as other streaming platforms, including Netflix and Apple Music raised their subscription prices recently. “The market landscape has continued to evolve since we launched. So that we can keep innovating, we are changing our Premium prices across a number of markets around the world,” the audio steaming giant noted in a blog post on Monday. “These updates will help us continue to deliver value to fans and artists on our platform,” it said. In the US, the company said the premium plan for individuals would now cost $10.99 (£8.55) a month up from the charge of $9.99 (£7.77) it has levied since the platform’s launch in 2011. Along with the price rise for a single individual premium subscription plan, the cost of Duo is increasing from $12.99 (£10.11) to $14.99 (£11.6), and for the Family plan from $15.99 (£12.44) to $16.99 (£13.22), and the one for students from $4.99 (£3.88) to $5.99 (£4.66). “We will raise it and that price increase will go down well because we’re delivering a lot of value for our customers,” Mr Ek said, noting that the changes would happen “when the timing is right.” Spotify said users would be given a “one-month grace period” before the new prices take effect. Other countries where the new price regime will take effect include Australia, Belgium, Canada, Denmark, Spain, Finland and France, among several others. “Starting from today, existing subscribers in these markets will receive an email explaining what this means for their account,” the company said. “We occasionally update our prices as we continue to innovate and invest in giving you better listening experiences and more value than ever before.” Read More Sony has officially unveiled the new WF-1000XM5 wireless earbuds – here’s everything you need to know WWF capitalizes on death of Twitter bird logo to highlight real species facing extinction Watch the moment Twitter blue bird sign is taken down from San Francisco HQ

TOKYO--(BUSINESS WIRE)--Jul 25, 2023--

Christian Aid, a British nonprofit, announced that it will no longer bank with Barclays Plc due to the

TOKYO--(BUSINESS WIRE)--Jul 25, 2023--

Executives and politicians across the world worry about the havoc that next-generation artificial intelligence will wreak on industries