Technology News This Week – 18 June 23
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Technology News This Week – 18 June 23

June 18, 2023

It’s been a busy week in the world of technology. Here are some of the biggest headlines:

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  • Amazon to buy Roomba maker iRobot for $1.7 billion. The deal, which is expected to close in the second half of 2023, will give Amazon a major foothold in the home automation market.
  • Twitter to focus on video and commerce in business revamp. The social media company is reportedly planning to lay off 30% of its workforce and focus on video and commerce.
  • Japan to open up Apple- and Google-dominated phone apps to competition. The government is expected to announce new rules that will allow other app stores to be installed on Android phones.
  • New Google lawsuit aims to curb fake business reviews. The company is suing a company that allegedly created fake reviews for businesses on Google Maps.
  • Elon Musk says Twitter video app for smart TVs is ‘coming.’ The Tesla CEO tweeted that the app is in development and will be available soon.
  • Microsoft says early June service outages were cyberattacks. The company said that the attacks were carried out by a group of hackers called Hafnium.
  • Xi Jinping tells Bill Gates he welcomes U.S. AI tech in China. The Chinese president said that he wants to see more cooperation between the two countries in artificial intelligence.
  • U.S. Energy Department gets two ransom notices as MOVEit hack claims more victims. The department said that it has received two ransom notices from hackers who claim to have stolen data from the MOVEit software company.
  • Meta’s social media apps back up after the outage. The company’s Facebook, Instagram, and WhatsApp apps were down for several hours on Monday.
  • Musk expects brain chip start-up Neuralink to implant ‘the first case’ this year. The Tesla CEO said that he expects the company to implant its first brain chip in a human patient this year.
  • Intel to invest $4.6 billion in new chip plant in Poland. The company said that the plant will create 3,000 jobs and is expected to be operational by 2026.
  • UK clears Amazon’s $1.7 billion deal for Roomba-maker iRobot. The Competition and Markets Authority (CMA) said that the deal does not pose any competition concerns.
  • Micron warns of bigger revenue hit from China ban. The memory chip maker said that it expects to lose $2 billion in revenue this year due to the Chinese government’s ban on U.S. technology.
  • Wyre winding down as crypto winter bites. The cryptocurrency payment processor said that it is laying off 30% of its workforce and will focus on its core business of providing payment infrastructure to businesses.

These are just a few of the biggest technology headlines from this week. For more news, be sure to check out our website and follow us on social media.

What does it all mean?

So, what does all of this mean for the future of technology? It’s hard to say for sure, but it’s clear that we are living in a time of rapid change. The companies that are able to adapt to these changes and stay ahead of the curve will be the ones that succeed in the years to come.

Here are a few trends that I think we will see in the future of technology:

  • The continued growth of artificial intelligence. AI is already having a major impact on our lives, and I believe that this trend will only continue in the years to come. AI will be used to automate tasks, improve our decision-making, and create new products and services.
  • The rise of augmented and virtual reality. AR and VR are still in their early stages, but I believe that they have the potential to revolutionize the way we interact with the world around us. AR and VR can be used for gaming, education, training, and even healthcare.
  • The development of new materials and technologies. We are constantly developing new materials and technologies that have the potential to change the world. Some of the most promising new technologies include quantum computing, 3D printing, and gene editing.

These are just a few of the trends that I think we will see in the future of technology. It’s an exciting time to be alive, and I can’t wait to see what the future holds.