Search results for "new ai"

Extended Reality in Business

The current business landscape is open to introducing extended reality in business. The pandemic has shown the world how vital remote work can be. Virtual elements of the workforce and workspace are being highlighted. Extended reality can be a refreshing addition to your business operations. What Is XR XR is the umbrella that fits various […]

Untangling the Early Stage Startup 

The current work culture gravitates toward individualistic instincts increasingly. If you look around you, be it on social media or otherwise, you will see encouragement to start your own business. Startups are a pillar of the current work culture. When embarking on your startup journey, it is crucial to understand the concept of early stage […]

Wall Street Ends Sharply Higher on Sign of Cooling Inflation

The S&P 500 and Nasdaq jumped on Thursday, racking up their biggest daily percentage gains in over 2-1/2 years as a sign of slowing inflation in October sparked speculation the Federal Reserve might become less aggressive with interest rate hikes. Stocks in sectors across the board surged as the latest consumer price data cheered investors […]

Japan to Invest up to $500 Million to Manufacture Advanced Chips

Japan said on Friday it will invest up to 70 billion yen ($500 million) in a new semiconductor company led by tech firms including Sony Group Corp and NEC Corp as it rushes to re-establish itself as a lead maker of advanced chips. “Semiconductors are going to be a critical component for the development of […]

FTX Looks for $9.4 Billion in Rescue Funds, Bahamas Freezes Some Assets

FTX is scrambling to raise about $9.4 billion from investors and rivals, a source said on Thursday, as Chief Executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been buffeted by a rush of customer withdrawals. Bankman-Fried has discussed raising $1 billion each from Justin Sun, the founder of crypto token Tron, […]

e& Commits to a Net Zero Operation by 2030

e& is accelerating its climate action efforts and supporting the UAE’s net zero strategy Sharm El-Sheikh, Egypt, 09 November 2022: e& (formerly known as the Etisalat Group) today declared its net zero targets by 2030, during the Group’s participation at the 27th Conference of the Parties of the UNFCCC (COP27), currently taking place in Egypt, aimed at reducing […]

Chinese Chipmaker SMIC Warns of Impact From U.S. Export Controls

Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) reported a 34.7 percent rise in third-quarter revenue on Thursday, missing estimates, and warned investors about the impact of export controls from the United States. The company generated revenue of $1.91 billion in the quarter, up from $1.42 billion in the same period a year earlier but […]

Why the Meta Share Price Collapse Might Be a Good Thing

Meta’s share price is collapsing, and the social media giant is on a major downturn. The thus far ruling social media giant of our time, the owner of Instagram, Facebook, and WhatsApp, is experiencing the worst 2 consecutive quarters  of its existence. The Meta stock has collapsed and users are still fleeing the platforms, meanwhile […]

Germany Blocks Chinese Stake in Two Chipmakers Over Security Concerns

The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological know-how to Beijing. The government said it had vetoed the takeover of the chip factory of the Dortmund-based company Elmos by Silex, a Swedish company that is […]