Big Tech's Big Gamble with AI: Are They Overextending?
Recent statistics indicate that although $50 billion has been invested in AI processors alone, huge AI models have only generated roughly $3 billion in income.
Chinese Tech Giant Huawei Posts 34.3% Rise In First-half Sales
The Shenzhen-based company has for several years been at the center of an intense technological rivalry between Beijing and Washington, with US officials warning its equipment could be used to spy on behalf of Chinese authorities -- allegations it denies.
Dr. Reddy's Strategic Vision Reiterated Following Strong Q1FY25 Results
Dr. Reddy's reported consolidated revenues of ₹7,673 crores (US$ 921 million) for Q1FY25, marking a 14% year-on-year increase and a 8% sequential growth.
Avenix Fzco Introduces Avexbot: The Future Of Forex Trading Automation
Thanks to Avenix Fzco's ultra-modern forex robot Avexbot, traders have access to sophisticated analytics and all-encompassing trading solutions.
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GigaPips: Avenix Fzco's Powerful Forex Robot For Optimizing Gold Trading Strategies
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Toyota Shutters Japan Factories As Typhoon Approaches
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The FXProBot Forex Revolution - Avenix Fzco Unleashes The Future Of Trading
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Nest Bedding Sparrow Signature Hybrid: Combining Softness And Build For The Best Sleep Ever
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Lyft Expanding Banking System For Drivers
Drivers will be able to deposit money in ATMs and get cash back for purchases like fuel
Outback Steakhouse Parent Company Names New CEO As It Struggles With Falling Stock Price
Bloomin' Brands has seen a 35% slide in its stock price this year
Robert Bailey Reinvigorates The Creative Marketing Industry With Novel Enterprise: Truth Collective
As a thought leader with a dedication to continuous growth, Robert's work seeks to inspire people to re-evaluate approaches that have historically limited results.
IBM Shutters R&D Labs In China, Slashing 1,000-Plus Jobs in Beijing And Elsewhere
The computer giant joined other Big Tech firms, including Amazon and Tesla, in cutting Chinese payrolls as tensions with the U.S. rise.
Nvidia's Revenue Expected To Soar, But Challenges Loom
Nvidia is also navigating hurdles in the Chinese market. Due to U.S. government restrictions, Nvidia is unable to sell its most advanced AI chips directly in China.
South Korea Speeds Up EV Battery Certification Program Following Fire In Apartment Building Garage
The Aug. 1 blaze in Incheon started in a Mercedes-Benz electric vehicle and injured 23 people, took eight hours to extinguish and damaged or destroyed 140 cars.
Canada Offers Deals On 56 Government-Owned Properties To Create Affordable Housing
Former military bases, postal facilities and federal office buildings are among the sites listed in the new Canada Public Land Bank database.
Next Generation Strategy For A Competitive Edge: Kmind Consulting's Approach To Market Success
Kmind Consulting has carved a niche by integrating Eastern and Western business philosophies to create bespoke strategies that drive significant results.
America's Spirit Of Freedom And Innovation In The Wine Industry: Jason Reigel On The Rise Of US Wine Tourism
With microclimates exclusive to the US, Washington, California, Virginia, and other wine-producing states can grow novel grape varietals, as well as elevating Cabernet Sauvignon, Merlot, Malbec, and other beloved classics with each region's unique flair.
Texas Federal Judge Blocks FTC Ban On Non-Compete Agreements
The rule, which was set to take effect across the United States on September 4, has been effectively blocked by the ruling.
Chinese Property Firm Kaisa Strikes Debt Restructuring Deal
Chinese property developer Kaisa has reached an agreement with creditors for partial repayment of its debt, the company said Tuesday, a positive development as it battles to avoid liquidation.
AMD Acquires ZT Systems For $4.9B To Challenge Nvidia In AI Market
As part of the acquisition, AMD intends to integrate ZT Systems into its Data Center Solutions Business Group but will also look to divest its U.S.-based data center infrastructure manufacturing business.
TikTok Urges Appeal Court To Overturn US Law, Challenges DOJ Claims on China Ties
The social media giant is urging the court to reverse a law that mandates its parent company, ByteDance, to divest TikTok's U.S. operations or face a ban.
US To Award Chipmaker Texas Instruments Up To $1.6 Bn
The US government said Friday it has signed a preliminary agreement with semiconductor manufacturer Texas Instruments to give the company up to $1.6 billion to help fund new facilities in the country.
How To Lead Your Startup From Zero To One With Suhas Deshpande
Throughout his work, software engineer Suhas Deshpande has come to identify the common pitfalls of startup development and develop key strategies to solve them — even avoid some altogether.
DoJ Weighs Breakup Of Google After Landmark Antitrust Ruling: Report
Breaking up Alphabet is among several options under consideration as officials look to curb Google's dominance.
The Elevate Leadership Group: Bridging Cultures And Markets With Strategic Expertise
The Elevate Leadership Group has established partnerships with leading organizations across various sectors, including one of Asia's top consulting firms, a prominent export company from Vietnam, and one of Southeast Asia's leading energy drink brands.
StanChart Cuts 20 Jobs In Revamp Of M&A Team
Standard Chartered has cut 20 jobs from the folded industries coverage department to focus on M&A.
Delta Escalates Legal Battle With CrowdStrike, Microsoft Amid $550M Loss From IT Outage
The outage, which became one of the most significant technical disruptions in recent memory, led to a $380 million loss in revenue for Delta.
Paramount Global To Cut 15% Of US Staff, Take $6B Write-Down Ahead Of Skydance Merger
The decision will affect around 2,000 employees over the coming weeks.
Siemens Profits Soar On Software Demand, AI 'Boom'
Siemens, whose sprawling global business runs from making trains and factory equipment to systems that manage data centers, said its software business performed strongly, winning a series of major contracts.
Delta Sued By Passengers For Mishandled Refunds After CrowdStrike Outage
Plaintiffs allege Delta refused automatic refunds for canceled flights and offered partial reimbursements only if passengers waived legal claims.
CVS Health Slashes 2024 Forecast, Changes Insurance Leadership
The company's latest forecast reflects significant setbacks in its insurance business, which has been adversely affected by increased claims and declining quality ratings for Medicare Advantage coverage.
Boeing Announces Design Overhaul At Hearing On MAX 9 Safety Concerns
Boeing, which has pledged significant quality improvements, faced rigorous questioning at the hearing about the MAX 9's production and the lack of documentation for the door plug removal.
Google's Antitrust Ruling Could Cost Billions For Apple As Search Deal At Risk
The lucrative deal, known as the Information Services Agreement (ISA), mandates the use of Google as the default search engine on Apple devices.
Swiss Mining Giant Glencore Drops Plan To Exit Coal
Swiss commodities giant Glencore announced Wednesday that it had decided against spinning off its coal business for now after consulting shareholders who view the polluting fossil fuel as a cash-generating activity.
Sony Hikes Annual Net Profit Forecast After Solid Q1
Sony raised its full-year net profit forecast on Wednesday after a solid performance in the first quarter, predicting strong sales in its video game, music and image sensor sectors.
How Bio-Safe By BioSecurity Technology Is Setting The New Standard Of Clean
Central to Bio-Safe's strategy is rigorous biofilm control and removal, annihilating the chances of viruses inhabiting it by destroying the protein bonds that protect residing microorganisms.
OpenAI Co-founder John Schulman Departs To Join Amazon-backed Anthropic
His departure follows OpenAI's recent dissolution of its superalignment team, a group dedicated to ensuring human control over advanced AI systems.
Coca-Cola To Pay $6Bn In Back Taxes While Appealing IRS Ruling
Coca-Cola maintains that the IRS and the Tax Court misinterpreted the regulations and believes it will succeed on appeal.
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