How would you know a product exists if you don’t hear/read about it? Marketing and advertisement have been around since the beginning of trade. At first, people would purchase goods based on their word-of-mouth reputation. Today, however, all of that has transformed into a billion-dollar industry, and marketing and advertisements have become essential keys to […]
Search results for "tech giant"
Chinese search engine giant Baidu said on Friday it had won a permit to provide a fully driverless ride-hailing service in the Chinese capital of Beijing. With the permit, Baidu’s Apollo service will deploy 10 fully autonomous vehicles in a technology park developed by the government of Beijing, it said in a statement. The permit […]
Hong Kong-listed shares in China’s Baidu rebounded 15.7% on Friday as users told of their experiences with the Ernie bot, recouping losses from a day earlier prompted by the chatbot’s launch, which failed to impress. On Thursday, viewers of the Chinese search engine giant’s presentation panned the company’s lack of a live demonstration and a […]
Amazon.com plans to launch its first internet satellites to space in the first half of 2024 and offer initial commercial tests shortly after, the company said Tuesday, as it prepares to vie with Elon Musk’s SpaceX and others to provide broadband internet globally. Amazon’s satellite internet unit, Project Kuiper, will begin mass-producing the satellites later […]
Silicon Valley Bank’s collapse pressured global bank stocks further on Tuesday as investors fretted over the financial health of some lenders, in spite of assurances from U.S. President Joe Biden and other policymakers. An indicator of credit risk in the euro zone banking system leapt to its highest since mid-July, as worries about contagion risks […]
Volkswagen chose Canada to build its first battery cell plant outside Europe, granting its cars access to both Canadian and U.S. subsidies as it works to localise electric vehicle production chain in the region. Volkswagen AG confirmed in December it was looking for sites for a Canadian plant, six months after signing a memorandum of […]
Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the previous year on higher energy prices, increased volumes sold and improved margins for refined products. The profits, which are around triple that of Exxon’s $56 billion, follow similar reports in February from international […]
Li Qiang, the former Communist Party chief of Shanghai, took office on Saturday as China’s premier, the country’s No.2 post, putting the close ally of President Xi Jinping in charge of reviving an economy battered by three years of COVID-19 curbs. Widely perceived to be pragmatic and business-friendly, the 63-year-old Li faces the daunting task […]
Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia instead of China amid political tensions between Beijing and the West, according to two sources and documents seen by Reuters. Officials from a dozen tech companies are set to visit Vietnam, Malaysia and Singapore next week, according to a […]
Billions of dollars in clean energy incentives are poised to speed investment on American soil while putting the European Union’s energy transition at risk by luring away money and talent, executives at the CERAWeek energy conference said this week. U.S. President Joe Biden’s landmark Inflation Reduction Act climate package was signed into law last year […]