Search results for "ai"

European Stocks Rise on Fed Relief, China Demand Rebound

European shares rose on Friday, as hopes that the U.S. Federal Reserve could adopt a measured approach for rate hikes ahead lifted technology stocks, while miners jumped on growing bets of demand recovery in China. The continent-wide STOXX 600 rose 0.7% in early trading, with rate-sensitive tech stocks up 1.4%. Overnight, Atlanta Fed President Raphael […]

SpaceX Launches Latest Space Station Crew to Orbit for NASA

Elon Musk’s rocket company SpaceX launched a four-man crew to orbit en route to the International Space Station early on Thursday, with a Russian cosmonaut and United Arab Emirates astronaut joining two NASA crewmates for the flight. The SpaceX launch vehicle, consisting of a Falcon 9 rocket topped with an autonomously operated Crew Dragon capsule […]

Salesforce Signals Strong Position with Buyback Plan Boost, Upbeat Forecast

Salesforce Inc on Wednesday forecast first-quarter revenue above analysts’ estimates and doubled its share repurchase to $20 billion, indicating a strong cash flow for the company that has come under pressure from activist investors. The upbeat forecast and fourth-quarter results that beat analysts’ estimates pushed the shares of the cloud-based software provider up 14% in […]

ChatGPT in the Metaverse: Better Call the Exterminator

Living in the digital era means living life with the expectation that someday the other shoe will drop, and we are in for a ride. Since the launch of OpenAI’s ChatGPT, AI-based chatbots have taken the world by storm, effectively dividing the population between those who believe it will revolutionize every sector and those who […]

Microsoft Africa Internet Plan Moves Forward with Fiber Deal

Microsoft Corp has reached a deal with Africa’s biggest independent fiber network toward its goal of expanding internet access on the continent, its President Brad Smith said. The agreement, with Liquid Intelligent Technologies, by 2025 aims to widen connectivity in countries such as Zambia and the Democratic Republic of the Congo to 20 million people, […]

Global Energy-Related CO2 Emissions Edged Up to Record High in 2022 - IEA

Global energy-related emissions of carbon dioxide hit a record high last year, although more clean technology such as solar power and electric vehicles helped limit the impact of increased coal and oil use, the International Energy Agency (IEA) said on Thursday. Deep cuts in emissions, mainly from burning fossil fuels, will be needed over the […]

e& Receives Brand Finance Awards During Mobile World Congress in Barcelona

Barcelona, 2 March 2023: e& today received the Brand Finance Telecoms 150 2023 award as the most valuable portfolio of telecom brands in the Middle East and Africa. e& has undergone a significant transformation, resulting in remarkable business growth and sustained stakeholder confidence. The transformation into a global technology and investment group has seen e&’s […]

A World Without Fossil Fuels Is Still Far From Perfect

The hunger for fossil fuel is not what it once was. The urgent need for a sustainable solution to help limit environmental damage has showcased that fossil fuels are not the only way to go. Fuel alternatives started becoming mainstream, making life easier for companies in various sectors by helping them reduce costs and become […]

China Leads US in Global Competition for Key Emerging Technology, Study Says

China has a “stunning lead” in 37 out of 44 critical and emerging technologies as Western democracies lose a global competition for research output, a security think tank said on Thursday after tracking defence, space, energy and biotechnology. The Australian Strategic Policy Institute (ASPI) said its study showed that, in some fields, all of the […]