Microsoft and Google’s owner Alphabet have quashed investor scepticism around the vast sums spent on developing artificial intelligence, after being boosted by rampant corporate demand for their cloud computing services. The combined market value of the two US tech giants rose by more than $250bn on Friday, a day after each reported double-digit revenue growth
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Loading… Loading… ARK Investment Management LLC predicts that five disruptive technologies could reach a total market value of $220 trillion by 2030. According to the latest white paper, Platforms Of Innovation How Converging Technologies Should Propel A Step Change In Economic Growth, the Cathie Wood-led investment company explores the ascendance of five critical technologies: Artificial
Loading… Loading… The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors. Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory, as showed by the iShares iBoxx $ Investment
Private equity has shifted its stance from the days of taking over targets, with the goal of either flipping them to an interested acquirer or spinning them off into an initial public offering. Buy-side competition is heating up. PE firms are now wielding artificial intelligence (AI) to discern which companies offer reliable, scalable, and secure
There are a million protocols in the naked city — The spam came from inside the house: How a smart TV can choke a Windows PC The curious case of a living room screen making Windows’ Settings app disappear. Kevin Purdy – Apr 23, 2024 10:15 pm UTC Enlarge / I have hundreds of UUIDs
Loading… Loading… SoFi Technologies IncSOFI stock experienced a 15.27%drop on March 5, following the announcement of its convertible senior notes offering, aiming to raise$750 million. The stock is seeing some recovery in pre-market trading today. Redditors, however, are discussing whether investors should buy-the-dip? Related: SoFi Technologies Prices $750 Million Convertible Senior Notes Offering Due 2029
TikTok has vowed to wage a legal war after President Biden signed into law a bipartisan bill that forces its Beijing-based parent company to sell the popular video-sharing app or face a US ban. “Rest assured — we aren’t going anywhere,” Tiktok CEO Shou Zi Chew said in a video posted moments after Biden signed
Mark Zuckerberg received the lowest salary of all of Meta’s staff in 2023, with his measly $1 salary — though the Big Tech chief raked in a staggering $24.4 million in “other compensation.” According to a proxy filing statement, the lion’s share of this “other compensation” covered Zuckerberg’s security costs. Though the Securities and Exchange
Loading… Loading… Kaspi.kz JSC ADR KSPI witnessed a 7% decline in its shares on Monday, April 8 after severe flooding struck rural regions of Kazakhstan. Such occurrences are not uncommon in Kazakhstan. However, the flooding is reported to be the worst natural disaster to hit the nation in 80 years, according to President Kassym-Jomart Tokayev.
Meta Platformsdisappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, evaporating $200 billion in stock market value and raising fears that the surging cost of AI is outpacing its benefits. Shares of the Facebook and Instagram parent dropped about 15% in extended trade following the report, with its market capitalization
Still waiting for that Tesla phone — A Polestar Phone now inexplicably exists Polestar normally makes electric cars, but now it’s releasing a phone. Ron Amadeo – Apr 24, 2024 9:41 pm UTC reader comments 58 The Polestar Phone. Someday it will unlock your Polestar car. Polestar There are a few Polestar decorations, like the
Loading… Loading… ARK Investment Management LLC predicts that five disruptive technologies could reach a total market value of $220 trillion by 2030. According to the latest white paper, Platforms Of Innovation How Converging Technologies Should Propel A Step Change In Economic Growth, the Cathie Wood-led investment company explores the ascendance of five critical technologies: Artificial
Republicans are taking mixed messages from Tuesday’s primary in the battleground state of Pennsylvania after former South Carolina Gov. Nikki Haley received 16.6% of the vote more than seven weeks after suspending her presidential campaign. The Keystone State contest was open only to registered Republicans, and some observers are warning that Haley getting more than
Loading… Loading… Editor's note: The headline of this story has been updated to reflect that Interactive Brokers' new desktop product is in addition to, rather than a replacement of, the TWS platform. Interactive Brokers Group Inc IBKR recently launched an updated desktop trading applicationfor Windows and Mac users. Benzinga spoke with Steve Sanders, the firms
Welcome to the Cultural Singularity — School athletic director arrested for framing principal using AI voice synthesis Police uncover plot to defame principal with AI-generated racist and antisemitic comments. Benj Edwards – Apr 25, 2024 3:30 pm UTC EnlargeGetty Images reader comments 39 On Thursday, Baltimore County Police arrested Pikesville High School’s former athletic director,
A top NYPD official schooled Rep. Alexandria Ocasio-Cortez and slammed Columbia Universitys entitled demonstrators after the congresswoman railed against the schools decision to call in cops amid ongoing campus chaos. Not only did Columbia make the horrific decision to mobilize NYPD on their own students, but the units called in have some of the most
strong arm — Is the Arm version of Windows ready for its close-up? Checking back in with Windows 11 on Arm on the eve of the Snapdragon X Elite. Andrew Cunningham – Apr 24, 2024 11:00 am UTC EnlargeQualcomm reader comments 0 Signs point to Qualcomms Snapdragon X Elite processors showing up in actual, real-world,
Shocking video footage captures the moment that an out-of-control passenger brawls with the driver of a moving bus — which crashes into an Oklahoma City business. The wild clip shows straphanger Tihron Harrison wailing away at the driver Wednesday as the bus traveled near North Western Avenue and West Britton Road on Saturday — with
Google has fired another 20 employees in retaliation for last week’s protest against Project Nimbus, Google’s cloud computing contract with Israel. The firings reportedly included workers who were simply bystanders during the sit-in. Google has now fired some 50 workers in connection with the protest.
NEW YORK U.S. births fell last year, resuming a long national slide. A little under 3.6 million babies were born in 2023, according to provisional statistics released Thursday by the Centers for Disease Control and Prevention. Thats about 76,000 fewer than the year before and the lowest one-year tally since 1979. U.S. births were slipping
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