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Tech Across the Globe

New Samsung devices: Samsung unveiled several new devices, including its thinnest and cheapest folding phones yet — which it hopes will help the segment catch on with mainstream consumers.

Europe clashes with X: Leaders in Poland and Germany called on the European Union to take action against X after the social media network spewed profane and antisemitic posts from the Grok AI chatbot. Turkey also threatened to ban the platform.

Microsoft’s AI savings: A Microsoft executive boasted of AI saving the company $500 million last year in its call centers, Bloomberg reported. The tech giant has carried out two major rounds of layoffs this year, including saying last week that it’s cutting about 9,000 jobs. 

Revalued

Nvidia became the first company in history to achieve a $4 trillion market valuation, cementing its status as a kingpin in the global financial market. Shares of the chipmaker rose as much as 2.8% on Wednesday before losing a bit of steam to close with a gain of 1.8% — and a market cap of $3.97 trillion. 

Must Read

Linda Yaccarino stepped down Wednesday after two years as CEO of Elon Musk’s X, leaving an opening for the next executive who will have to put out the fires created, in part, by the boss, Kurt Wagner reports in today’s Tech In Depth. The departure of Yaccarino, who had close ties to the advertising industry, also raises questions about whether brand advertising will remain X’s main revenue source going forward, he writes.

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This Week in Cyber Bulletin

US cybersecurity officials are urging software developers to embrace “memory safe languages,” such as Java and Python, to reduce computer mishaps and vulnerability to hackers, Cameron Fozi reports in this week’s Cyber Bulletin.

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