Meta CEO Declares 2023 as the Company’s Year of Efficiency

Meta CEO Mark Zuckerberg has announced that 2023 is Meta’s ‘year of efficiency’. It includes refining the company’s distributed work model. Zuckerberg said that an internal analysis of data on employee performance suggests that engineers who work in the personal presence of each other get more done. He stated that Meta remains committed to distributed work model, and…

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Samsung plans to invest $228 billion in a Semiconductor Complex in South Korea

Samsung Electronics said that it plans to spend $228 billion on a chip facility in South Korea, which will be the world’s largest Semiconductor complex, as part of a push by South Korea to avail a lead in critical technologies. This semiconductor complex will be built just outside of the capital of South Korea, Seoul. A…

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SpaceX Plans to start testing the satellite-to-cell service of Starlink with T-Mobile this year

SpaceX plans to start testing its satellite-to-cell service of Starlink with T-Mobile this year, an executive of SpaceX reported. Jonathan Hofeller, SpaceX vice president of Starlink enterprise sales, said, “We’re going to learn a lot by doing — not necessarily by over-analyzing — and getting out there.” The market for space-based data services is widely recognized to have…

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