Big technology companies are experiencing a golden moment. They have achieved astronomical valuations on the stock market while competing with each other to lead the development of artificial intelligence. The new technology is already providing them with enormous revenue and benefits, either because they are the leaders in cloud computing or because they use it … Read more
The US start-up Waymo plans to begin testing its fully autonomous vehicles without human safety drivers on highways in the greater San Francisco area this week, the US tech portal TechCrunch reported on Monday. Advertisement “The company’s employees will be the first guinea pigs,” it says in the reportThe first tests will begin outside of … Read more
A specialist in mobility options for companies and their workers, Alphabet have printed the outcomes of the second version of their European Fleet Emission Monitor (EFEM) research. A report elevating a big hole between the need toelectrification of firms (64% of European firms surveyed contemplating the ship as a strategic goal) and the dearth of … Read more
▲ Analysis suggests that Microsoft’s hiring of former OpenAI CEO Sam Altman was aimed at avoiding large-scale investment risks. The photo shows OpenAI CEO Sam Altman attending a conference held at Tel Aviv University in Israel on June 5. [비즈니스포스트] There is growing speculation that Microsoft’s hiring of OpenAI founder Sam Altman may be a … Read more
NEW YORK IG sees the Nasdaq 100, which has been doing much better since the beginning of the year and has recently been weakening, up 0.3 percent at 15,468 points. The interest rate decision by the US Federal Reserve is on the agenda for Wednesday. It is widely expected to raise interest rates again. However, … Read more
The Dow Jones is down for the third consecutive sessionThe Nasdaq Composite achieved its highest close in more than 8 months The major US indices closed mixed on Wednesday’s session after inflation data for April came in better than expected. The Consumer Price Index rose 4.9% in April, compared to expectations of 5%, renewing hopes … Read more
Amazon’s confirmation of its plans to cut 9,000 jobs worldwide has sparked fears for Irish jobs. The retail giant, which has a significant presence in Ireland, has already laid off hundreds of workers in recent years, leading to concerns about the potential impact on the local economy. As the pandemic continues to wreak havoc on … Read more
A selection from the editors of boersenradio.at and boerse-social.com: Wiener Börse Plausch S3/93: Finance Friday on the stock exchanges, KESt is followed by Kathi and Robert Abend is rightThe Wiener Börse Pläusche are a podcast project for Audio-CD.at Christian Drastil Comm. Under the motto “Market & Me” Christian Drastil reports on daily events at the … Read more
Meta chef Mark Zuckerberg Investor confidence is waning. (Photo: AP Photo, Imago, All Mauritius [M]) San Francisco, Dusseldorf Mark Zuckerberg is known for his usually stiff facial expressions and mostly emotionless public appearances. But when he was recently contacted by analysts about his plans for the metaverse, he got excited. “We are creating history here,” … Read more
Riyadh (Reuters) The Saudi General public Investment Fund bought shares of Alphabet, Zoom Online video and Microsoft inside of a larger team of US stocks, bringing the Kingdom’s sovereign wealth fund expenditure in the second quarter to around $ 40.8 billion. The Public Expenditure Fund acquired 213,000 Course A shares in Alphabet, 4.7 million Course … Read more