Technology 01 December 2023, 4:40 am 1 minute Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. Market Impact In 2022, Amazon Web Services (AWS) and Microsoft’s Azure had a combined 70-80% share of Britain’s public…
Next week’s Hollywood fundraiser for President Biden, his first in-person soiree here since the end of the entertainment-industry strikes dried up the traditional wellspring of campaign money, is expected to draw big-name donors spending as much as nearly $930,000 each in support of the Democratic leader’s bid for reelection. Biden, First Lady Jill Biden and…
The spice saffron fetches huge sums of money, but is hard to grow and Indian production is falling.
After months of strikes by the writers’ and screen actors’ unions — and billions of dollars in losses to California’s economy — Hollywood is back to work. Sort of. We still need the SAG-AFTRA membership to ratify the hard-won deal for the TV and movie industry to continue its post-pandemic recovery. Like the Writers Guild…
Stung by an advertiser boycott and accusations of antisemitism, Elon Musk didn’t hide his hurt feelings in an onstage interview at the New York Times’ DealBook Summit conference. “Go f— yourself,” he said to the advertisers who have fled social media platform X, formerly Twitter. Then, apparently addressing Disney Chief Executive Bob Iger in the…
Supermarkets and other retailers are increasing switching to AI-powered digital price displays.
Sam Altman’s dismissal and rapid reinstatement as CEO of OpenAI, the creator of ChatGPT, confirms that the future of AI is firmly in the hands of people focused on speed and profits, at the expense of all else. This elite will now impose their vision for technology on the rest of humanity. Most of us…
AutomotiveTechnology 29 November 2023, 10:09 am 1 minute Reuters exclusively reported that Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan Auto. Market Impact Huawei will likely remain the single largest shareholder with…
AutomotiveTechnology 29 November 2023, 10:09 am 1 minute Reuters exclusively reported that Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan Auto. Market Impact Huawei will likely remain the single largest shareholder with…
AutomotiveTechnology 29 November 2023, 10:09 am 1 minute Reuters exclusively reported that Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan Auto. Market Impact Huawei will likely remain the single largest shareholder with…
