Since the rise of the fourth industrial revolution, digital innovation acted as one of the main pillars for global evolution, the future of machine learning with various tech companies adopting algorithm-based artificial intelligence (AI) will heighten the industry’s universal value. Artificial intelligence and machine learning are both associated as they are the most adopted technologies to […]
Search results for "stock"
Telecoms operators should be flying high. Over the past 20 months they have been a linchpin of societies and economies, keeping businesses going, families talking and us all hooked to Netflix. And yet, from February to December 2020, telcos created less value for shareholders than nearly every other sector, according to Bain & Company. This […]
Rivian Automotive, a company that has delivered about 150 electric pickup trucks mostly to employees, has surpassed General Motors to become the nation’s second most valuable automaker. The California company’s market valuation exceeded Ford’s in its first day a public company Wednesday. Its shares rose 10% at the opening bell Thursday pushing its valuation over […]
Chinese shoppers spent $139.1 billion during this year’s annual Singles’ Day shopping extravaganza, breaking last year’s record even though spending slowed during the coronavirus pandemic. Alibaba tallied 540.3 billion yuan ($84.5 billion) in spending over the festival that spanned Nov. 1 to Nov. 11, the company said Thursday, a growth of 14% compared to a […]
Europe’s antitrust regulators marked their biggest win on Wednesday after Google lost an appeal on a $2.8 billion for attempting to monopolize shopping services while downgrading competitors’ services. The win signaled the European Commission’s first major triumph against one of the Big Tech giants out of three key court rulings aimed at heightening regulations on […]
Meta shared on Wednesday its latest statistics report addressing the intensity of bullying, hate speech, and harassment on its platforms, as the public’s scrutinizing vigilance centers its gaze on the social network. The data released by the Big Tech giant’s last quarterly transparency report surfaced as Facebook’s guardian company, Meta, endures an increasingly examining scrutiny […]
Google’s custodian company, Alphabet Inc., exceeded on Monday its previous cap by hitting a $2 trillion market value, closing the trading day at $2,987 per share., according to Nasdaq. The Big Tech conglomerate surpassed last year’s market valuation by doubling its $1 trillion since January 2020. Now, in its third quarter (Q3), the tech behemoth […]
Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected. The San Francisco-based ride-hailing company said its third-quarter loss widened to $2.42 billion, or $1.28 per share, from $1.1 billion, or 62 cents per share, in […]
Three years ago, Google was pressured by its employees to drop a Pentagon project using artificial intelligence (AI), now, the Big Tech giant is chasing after another massive contract that will work on cloud computing to the military, according to The New York Times. In 2018, Google backed away from Project Maven with the Department of […]
If you’re merely dipping your toe in cryptocurrency, it can be hard to imagine your crypto as something worth talking to an estate attorney about. But that $100 in fun money could grow to a significant percentage of your total investments, sometimes overnight. Sorry to be a downer, but YOLO — so make a plan […]