Report - page 110

News

HP Predicts Profit

HP forecasts earnings for the fiscal year, which begins in November.

News

Samsung Reports Slowing Fall in Profits

Samsung Electronics reported on the preliminary results of operations for the third quarter of 2023, which showed a less intense decline in profit compared to the expected figure.

Finance & Economics

Head of Bank of Korea Welcomes Decline in Chip Prices

The governor of the Bank of Korea, Rhee Chang-yong, announced an improvement in the prospects for the development of the situation in the semiconductor market.

Finance & Economics

Kaszek Ventures Prepares for Latin America Tech Rebound

Kaszek Ventures, a venture capital firm based in Latin America, currently has almost $1 billion in funds raised earlier this year and is in a state of expectation that new deals will be concluded and that more mature companies will lose a significant portion of cash and potentially agree to revised estimates.

News

Huawei Challenges 5G State Aid Rules in Spain

Huawei Technologies has published the rules of the Spanish government, the complexity of compliance with which may become a barrier for this Chinese equipment manufacturer to become a competitive applicant for state aid.

News

IMF: World Economy ‘Limping Forward’, Growth ‘Weak’

The International Monetary Fund (IMF) has stated that it is likely that central banks will be able to find and implement solutions that will allow them to contain the process of spreading and scaling inflation and at the same time avoid a recession of the world economy.

Science & Technology

Spotify Limits Its Free Tier in India

Spotify restricts the use of its app for customers from India who interact with this virtual platform as part of a free tier.

Fintech & Ecommerce

Walmart Experiments With AI and AR

Walmart uses new technologies to improve the shopping experience.

News

China Plans to Grow Its Computing Power

China has announced its intention to increase the country’s computing power.

Fintech & Ecommerce

CFPB Director Calls for Provide Higher Level of Data Protection

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), expressed concern about the potential risks associated with the fact that payment systems apply, in his opinion, excessive financial censorship, and exceed reasonable surveillance limits.

News

G7 Prepares to Ask AI Firms to Agree to Watermarks

The G7 countries plan to appeal to companies operating in the sphere of artificial intelligence with the proposal of adopting as guidelines defining the principles of work a set of rules developed by the states of this association.

Science & Technology

OpenAI Reportedly to Explore Development of Artificial Intelligence Chips

The media reported that the startup OpenAI is currently exploring the possibility of developing its own chips for machine intelligence.

News

Real Estate Crisis to Stop Development of China’s Economy for Years

The steady growth of the Chinese economy, which is a historical example of a process that has a high level of sustainability and demonstrates impressive speed, for several decades had been largely due to such a factor as the active development of the real estate sector against the background of population growth and large-scale urbanization, […]

News

Analysts Predict Growth of IBM’s AI Consulting Business

IBM projects related to the development and other activities in the sphere of artificial intelligence will become the basis for the further development of this company.

Science & Technology

Dell Characterizes Servers as Main Growth Engine in AI Era

Dell Technologies, a company that has become one of the pioneers in the historical space of the era of personal computers, said that currently, the most promising business is the activity of selling equipment for data centers.

News

X Tests Three Tiers of Premium Service

The social network X, which is owned by billionaire Elon Musk, who is also CEO of SpaceX and Tesla, founder of The Boring Company, and co-founder of Neuralink and OpenAI, announced the testing of three levels of premium service.