Intel Corp is splitting its graphic chips unit into two, the company said on Wednesday, as it realigns the business to better compete with Nvidia Corp and Advanced Micro Devices. The consumer graphics unit will be combined with Intel’s client computing group, which makes chips for personal computers, while accelerated computing teams will join its […]
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Popular short-video app TikTok is offering to operate more of its business at arm’s length and subject it to outside scrutiny as it tries to convince the U.S. government to allow it to remain under the ownership of Chinese technology company ByteDance, according to people familiar with the matter. TikTok has been seeking to assure […]
An Indian parliamentary panel on Thursday recommended the government enact a digital competition act to regulate anti-competitive business practices by Big Tech companies on its platforms. Prime Minister Narendra Modi’s government has had strained relations with many large technology companies, and New Delhi has been tightening the regulation of firms such as Facebook, YouTube and […]
The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help expand and sharpen its policymaking toward its top geopolitical rival. Secretary of State Antony Blinken in May announced the creation of China House, calling it a department-wide, integrated team that would coordinate and implement U.S. policy across issues […]
Accenture Plc warned that a pullback in spending from clients who were postponing business improvement projects, especially in retail, was hurting its consulting business and forecast quarterly sales that could miss market estimates. Shares in the company fell as much as 6 percent on Friday. After a pandemic-led boom, spending on IT and transformation projects […]
Investors pulled more money from funds marketed as “sustainable” than they added for the first time in more than a decade in 2022, hit by fallout from the Ukraine war, tumbling financial markets and a political backlash against the industry. The funds, which reflect a range of environmental, social and governance (ESG) issues, are also […]
Argentina won their third World Cup in an extraordinary final on Sunday as they beat France 4-2 on penalties after Lionel Messi scored twice in a 3-3 draw and Kylian Mbappe grabbed a hat-trick to bring the holders back from 2-0 and 3-2 down. It was an incredible night of drama, high emotion and fluctuating […]
Aluminium makers are set to boost low-carbon metal output by 10 percent in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly supplies and shrinking the industry’s hefty carbon footprint. Aluminium is the most energy-intensive metal to produce, accounting for about 1.1 billion tonnes of global […]
The World Bank’s private investment arm sees huge potential to boost investment in Africa and help support entrepreneurship and digital transformation on the continent, top officials with the International Finance Corp (IFC) said. U.S. President Joe Biden this week hosted a three-day summit attended by 45 African national leaders that was aimed at bolstering trade […]
Canada’s main stock index slumped to a five-week low on Thursday, with the technology and materials groups leading broad-based declines, as investors were unable to see a clear endpoint for Federal Reserve interest rate hikes. The Toronto Stock Exchange’s S&P/TSX composite index ended down 291.02 points, or 1.5 percent, at 19,600.63, its lowest closing level […]