Search results for "stock"

Can Artificial Intelligence Become a Threat?

We’ve all been warned of its detrimental effect on societies, intelligence, and even humanity as a whole. Artificial Intelligence (AI) has existed since the emergence of computing power, and with it – throughout the years – came the ultimate hypothesis, can artificial intelligence become a threat to humanity? Will intellectually advanced AI systems inevitably detach […]

Toshiba Faces Unclear Future After Shareholders Knock Back Two Rival Proposals

Toshiba Corp shareholders on Thursday voted down competing proposals – one presented by management and the other backed by activist shareholders, leaving the future direction of the embattled Japanese conglomerate uncertain. Management’s plan to spin off Toshiba’s devices unit and the separate call to seek buyout offers had both failed to gain the required 50 […]

Tencent Music Social Entertainment Services Slump Overshadows Upbeat Quarter

China’s Tencent Music will pursue a secondary listing of its shares on the Hong Kong Stock Exchange, the company said on Monday, after reporting a 15 percent fall in revenue at its mainstay social entertainment services business While most of Tencent Music users are in its music streaming unit, social entertainment services including karaoke platforms […]

Rising Cybersecurity Tactics from the Russian-Ukrainian Crisis: A Prelude to a Global War?

Contrary to general belief, cyberattacks were much older than the internet itself. The first incident, which can be qualified as a cyberattack, took place nearly two centuries ago when a pair of thieves hacked France’s telegraph wireline communications system and stole some important financial information. Since then, the evolution of telecommunication systems has been accompanied […]

German Firms Sign Deals in UAE as Berlin Seeks Alternative Energy Supplies

German companies have signed agreements with firms in the United Arab Emirates (UAE) to build up a hydrogen supply chain, Germany’s economy ministry said on Monday, as Berlin looks to cut carbon emissions and reduce its reliance on Russian energy. The deals were signed during a visit by German Economy Minister Robert Habeck to Gulf […]

Analysis: After China Avows Market Stability, Investors Want Proof

China’s top financial policymaker rescued stock markets from a bloodbath this week with a promise of stability, but plenty of investors reckon mere words will not restore lasting calm in an economy beset with multiple large risks. Hong Kong markets, which have borne the brunt of the brutal selloff in Chinese stocks, rallied fiercely after […]

Cryptoverse: The Young HODLers Keeping Bitcoin on an Even Keel

Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3? That could be down to the new HODLers, in part. Young retail investors betting on bitcoin as a long-term proposition rather than […]

Broadcom Says Enterprise Spending 'On Fire,' Forecasts Upbeat Revenue

Chip company Broadcom Inc on Thursday forecast second-quarter revenue above Wall Street estimates on the back of strong demand from enterprise and cloud clients, and the ramp-up in 5G technology. “Enterprise spending is on fire … and we are seeing a big part of that,” Broadcom’s chief executive, Hock Tan, told analysts on a conference […]

Airline Industry Shifts Attention to Russia Risks after Ukraine Airspace Closed

The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, a popular refueling hub for long-haul flights when Western airlines were unable to access Russian […]