Palantir Technologies on Monday forecast its first profitable year and said it had slowed hiring, cut stock-based payouts and reduced cloud computing investments in response to lower spending from recession-wary businesses. The forecast, coming on the back of better-than-expected fourth-quarter results, sent the data analytics software maker’s shares up 16% after hours and was set […]
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The agricultural economy is expanded through smart farming, which also helps meet the global community’s enormous needs. IoT in agriculture can lead to better food, more supply, and affordable farming. Over the past few decades, agriculture has seen several technological changes that have made it more industrialized and technology-driven. Farmers have improved control over producing […]
The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google, Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for […]
China’s current plan for self-reliance has sparked a sense of competition in the global community. As the world’s second-largest economy and a leader in technological advancement, China’s quest for independence and sovereignty has the potential to shape the future of the global economy and technology. But to truly fulfill its vision of self-reliance, China must […]
Microsoft Corp is revamping its Bing search engine and Edge Web browser with artificial intelligence, the company said on Tuesday, signaling its ambition to retake the lead in consumer technology markets where it has fallen behind. The maker of the Windows operating system is staking its future on AI through billions of dollars of investment […]
Meta Platforms Inc shares closed about 23% higher on Thursday and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion. The company added more than $90 billion to its market value and the stock logged […]
After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they were not yet in the clear. The health of the advertising industry closely mirrors the economy, and many advertisers have pared back their marketing budgets in response to […]
Traveling back in time and setting our sights on the year 2003. The world was a vastly different place then. The internet was becoming a necessity, and cell phones were still a luxury. Fast forward 20 years, and we find ourselves in a world transformed by technology. The telecommunications industry has undergone a remarkable evolution, […]
Given the trend toward distant experiences, COVID-19 has emphasized the significance of communications and the requirement for a robust infrastructure to enable a seamless experience. According to a recent research by EY titled “Top 10 risks in telecommunications,” the industry’s biggest challenge is failing to maintain network resilience in a post-pandemic environment. All telecoms in […]
It’s an obvious matter rather than a prediction or analysis! As we come across the last days of the first month of this year, many things become clear. This is the year when 5G technology will finally be adopted by many countries worldwide. It’s easy to get excited about this new technology and its potential […]