Wednesday, November 27, 2024
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$1 trillion wipeout: Market rout punishes megacap tech

Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024.Michael M. Santiago | Getty ImagesAs U.S....

America may already be in a ‘plain vanilla recession,’ says Danielle DiMartino Booth

The U.S. may already be in a "plain vanilla recession," according to Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence and a...

Lloyds hires AWS exec to head up new AI and analytics unit

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.EditorialThis content has been selected,...

Apple Investors Urged to Stay Calm After Buffett Slashes Stake

To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth...

Superstar tech investor warns over AI boom

Ms Wood said there were better stocks to choose to play the...

Intel was once a Silicon Valley leader. How did it fall so far?

Intel stock is tumbling amid news that the company will lay off 15 percent of its staff after a steep decline in revenue and...

Google pulls AI ad for Olympics following backlash

Google pulled an ad it showed during the Olympics that touted its AI chatbot Gemini writing a fan letter to an athlete.Google has pulled...

Biden has made a disastrous bet on the wrong horse

This is a dismal return for any company, but for one in...

Britain cancels $1.7 billion of computing projects in setback for global AI ambitions

LONDON, UK - JUNE 12: The 9th edition of the Artificial Intelligence Summit kicks off with the participation of international technology companies, in London,...

Starmer shelves £1.3bn supercomputer projects in blow to British tech

Sir Keir Starmer has cancelled more than £1bn in funding for supercomputer...

Wearable Friend device aims to fight loneliness with AI companionship

A new vision for artificially intelligent devices has emerged from US start-up Friend, which is launching a necklace wearable that promises constant companionship. The Friend...

Intel shares plunge 22.6% in premarket trading, Nvidia down 4.4% as global chip stocks fall

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage...

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