Artificial intelligence will be a catalyst for big tech stocks in the next five years, according to Bank of America. The sector has been beaten down in 2022 thanks to macro factors, including inflation and rising interest rates. The tech-heavy Nasdaq Composite is down 25% this year, compared with the S&P 500’s nearly 12% drop. …
Andrew Ross Sorkin speaks with Amazon CEO Andy Jassy during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Amazon CEO Andy Jassy has been entrenched in a sweeping review of the company’s expenses, …
Cost-cutting review reveals economic uncertainty Read More »
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent said it will launch new cloud computing products aimed at overseas markets as it searches for new avenues for growth amid a slowdown in its core online …
Tencent bets on cloud computing growth abroad amid gaming slowdown Read More »
The UK’s Online Safety Bill, which aims to regulate the internet, has been revised to remove a controversial but critical measure. Matt Cardy | Getty Images News | Getty Images LONDON — Social media platforms like Facebook, TikTok and Twitter will no longer be obliged to take down “legal but harmful” content under revisions to …
Tech giants not forced to remove harmful content Read More »
Orion captured this view of the Moon during the sixth day of the Artemis 1 mission. Image: NASA The Moon is a cold, dead, and desolate place, as these new images, captured by NASA’s Orion, attest. This past Monday, the uncrewed Artemis 1 capsule performed the first of two course correction maneuvers required for entry …
NASA’s Orion Sends Back New Views of Moon’s Surface Read More »
Wefox CEO Julian Teicke. wefox HELSINKI, Finland — The boss of European digital insurance startup Wefox offered a damning response to tech companies that have laid off workers en masse. The likes of Meta, Amazon and Twitter have laid off tens of thousands of employees in response to pressure from investors, who want to see …
Wefox CEO ‘disgusted’ by mass tech layoffs: ‘These are humans’ Read More »
“Kiliaro cannot change the whole world. But we can make the Internet a better place,” says the founder. We are right in the middle of a critical time that will define our century.We are currently refining our way of living, doing business and innovating. Climate issues, mental illness, dictatorships are just some of the …
Sequoia Capital Global Managing Partner Doug Leone speaks onstage during Day 2 of TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco, California. Steve Jennings | Getty Images HELSINKI, Finland — American venture capitalist Doug Leone doesn’t think the tech wreck is going away anytime soon. The Sequoia Capital partner …
Sequoia’s Doug Leone says today’s downturn is worse than 2000 and 2008 Read More »
Astronomers have compiled 15 years‘worth of data from the Sloan Digital Sky Survey into an interactive map of the observable universe. The map includes hordes of cosmic items, like luminous blue quasars and red elliptical galaxies. You can explore the map here. “Astrophysicists around the world have been analyzing this data for years, leading to …
Play With an Interactive Map of the Observable Universe Read More »
If you’re looking for a new internet provider in Ontario, there are definitely more options out there beyond the same few default telecom giants that people tend to go with. Among them is Netcrawler, which is shaping up to be one of Canada’s best alternatives to the same old companies, which, as customers have learned, …
Here’s how you can get a big discount on cheap and reliable internet in Ontario Read More »
