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Apr 26, 2024
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to microsoft partnership but with openai, the creator of chatgpt. shares rose on the news. and together, they should go some way through restoring confidence in the tech sector which was shaken wednesday after meta's stock fell after its own earnings report and after the market was rattled by slowing us gdp and stubborn inflation. in other earnings news, intel also announced its results but it was its outlook for the second quarter of the year that sent should shares lower in later trading. intel says weak demand for its traditional datacentre and pc chips is what led to the lower forecast. investors are investors a re now investors are now trimming expectations that the federal reserve will cut rates before september. the latest data show its economy grew at its slowest pace in nearly two years in the first three months of the year. the personal consumption expenditures price index — which is a key indication of inflation — rose 3.4% for the quarter. us secretary of state is meeting chinese officials on a three—day trip. economic ties have be
to microsoft partnership but with openai, the creator of chatgpt. shares rose on the news. and together, they should go some way through restoring confidence in the tech sector which was shaken wednesday after meta's stock fell after its own earnings report and after the market was rattled by slowing us gdp and stubborn inflation. in other earnings news, intel also announced its results but it was its outlook for the second quarter of the year that sent should shares lower in later trading....
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Apr 25, 2024
04/24
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double digit growth and monetisation models that are winning, so meta, amazon, microsoft and nvidia have it. declining revenue of growth — apple and tesla are falling out of favour, the mag seven becoming a fab five. elsewhere, president biden has signed into law a bill which gives tiktok�*s chinese owner, bytedance nine months to divest it or the social media app will be banned in the us. but tiktok has vowed to take legal action, saying in a statement that the us law is unconstitutional and that the company has gone to great lengths to ensure us user data is safe and free from outside manipulation. ray told me how he sees the situation with ticktum. —— tiktok. it's a lot more complicated. this is the only thing both parties in the us is critical on. the competition is really how the data will be separated. one model puts the data of a us server and of course divesting some of the ownership and the governance restrictions. that's the challenge but this is not a first amendment issue or national security issue, it's a reciprocity issue. if china would allow facebook and google to
double digit growth and monetisation models that are winning, so meta, amazon, microsoft and nvidia have it. declining revenue of growth — apple and tesla are falling out of favour, the mag seven becoming a fab five. elsewhere, president biden has signed into law a bill which gives tiktok�*s chinese owner, bytedance nine months to divest it or the social media app will be banned in the us. but tiktok has vowed to take legal action, saying in a statement that the us law is unconstitutional...
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Apr 24, 2024
04/24
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double digit growth and monetisation models that are winning, so meta, amazon, microsoft and nvidia have it, declining revenue of growth, apple and tesla are falling out of the favour, the mag seven being becoming a fab five. elsewhere, as we told you on newsday, president biden has signed into law a bill which gives tiktok�*s chinese owner, bytedance nine months to divest it or the social media app will be banned in the us. but tiktok has vowed to take legal action, saying in a statement that the us law is unconstitutional and that the company has gone to great lengths to ensure us user data is safe and free from outside manipulation. us plane—maker boeing reported its first revenue drop in almost two years. its manufacturing quality has come under scrutiny after a series of accidents involving its max 737 model. let's bring in aerospace consultant mark martin. i asked him what he made of boeing's results and his outlook for the playmaker. we know that boeing commercial aeroplanes the revenue is driving the entire financial performance of bowing down, revenues are done by 1.6 billio
double digit growth and monetisation models that are winning, so meta, amazon, microsoft and nvidia have it, declining revenue of growth, apple and tesla are falling out of the favour, the mag seven being becoming a fab five. elsewhere, as we told you on newsday, president biden has signed into law a bill which gives tiktok�*s chinese owner, bytedance nine months to divest it or the social media app will be banned in the us. but tiktok has vowed to take legal action, saying in a statement...
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Apr 23, 2024
04/24
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mark zuckerberg says he will offer his vr system meta horizon to hardware companies like lenovo and microsoft. what it means for consumers is you headsets that run on the same software and operating system as meta's own headsets, the quest 3 and pro. mr zuckerberg talked about wanting to run on quest or any operating handset. that is akin to android's flexibility to integrate with other products. in contrast, he called apple's ios system is closed. apple is offering its headset, the vision pro, $3,500 us and that is expected to remain the cost of their product, but the entrance of new products into the fields and at different price points could threaten to give apple a run for its money. meanwhile, tesla's shares hit a 15—month low in the monday trading session on wall street, after the company announced price cuts for its cars in several key markets. this comes just ahead of the ev maker's quarterly results tonight. our business reporter david wadell takes a look at what to expect. it is proving to be a tricky period for tesla. its shares have fallen by around 40% from the beginning of the
mark zuckerberg says he will offer his vr system meta horizon to hardware companies like lenovo and microsoft. what it means for consumers is you headsets that run on the same software and operating system as meta's own headsets, the quest 3 and pro. mr zuckerberg talked about wanting to run on quest or any operating handset. that is akin to android's flexibility to integrate with other products. in contrast, he called apple's ios system is closed. apple is offering its headset, the vision pro,...
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Apr 22, 2024
04/24
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offer its virtual reality operating system called meta horizon to hardware companies like lenovo and microsoft. what it means for consumers is new headsets that run on the same software and operating system as meta's own headsets, the quest three and the quest pro. mr zuckerberg talked about wanting customers to be able to run content on quest or any meta horizon operating system headset. that's akin to android's flexibility to integrate with other products. in contrast, he characterized apple's ios models as being closed. that is only functioning with other apple or apple enabled products. apple is offering its headset the vision pro for 3,500 usd and that's expected to remain the costlier product. but the entrance of new products into the field and at different price points could threaten to give apple a run for its money. meanwhile, tesla's shares hit a 15—month low in the monday trading session on wall street, after the company announced price cuts for its cars in several key markets. it also lowered the price of its premium driver all this comes just ahead of the ev—maker�*s quarter
offer its virtual reality operating system called meta horizon to hardware companies like lenovo and microsoft. what it means for consumers is new headsets that run on the same software and operating system as meta's own headsets, the quest three and the quest pro. mr zuckerberg talked about wanting customers to be able to run content on quest or any meta horizon operating system headset. that's akin to android's flexibility to integrate with other products. in contrast, he characterized...