Global investors are keeping a close eye on the potential consequences of US interest rates rising to 6%. After years of low US interest rates, The Federal Reserve has indicated that it may start to raise rates in response to rising inflation and a strong economic recovery. A 6%...
Read moreThe social media giant Facebook's parent company meta plans to make to make thousands of additional job cuts. This comes after the company announced a widespread layoff in late 2021, which saw around 10,000 employees lose their jobs. According to sources familiar with the matter, the new round of...
Read moreDuring a recent all-hands meeting at Google, tensions were high as executives sought to address some misconceptions among employees about the company's latest technology, Bard AI. The main message that the executives wanted to convey was that Bard AI has applications beyond search. For those who are not familiar...
Read moreMeta, formerly known as Facebook, has recently announced a significant price reductions for its virtual reality (VR) headsets. This news has generated a lot of excitement in the tech world, and it could mark a turning point in the adoption of VR technology. Meta has reduced the price of...
Read moreApple has recently blocked an update of an ChatGPT Powered App, an AI-powered chatbot platform. The decision has left the app's developers and users frustrated and concerned about the future of their product. ChatGPT is an innovative AI-powered chatbot platform that uses machine learning algorithms to generate human-like responses...
Read moreAfter President Biden's proposed Inflation Reduction Act (IRA), many companies are re-evaluating their investment plans in Europe. One notable company among them is Tesla, but they are not alone in this re-evaluation. The IRA is a sweeping infrastructure plan that seeks to invest $1.2 trillion in transportation, broadband, and...
Read moreXiaomi, a major Chinese smartphone manufacturer, is known for producing high-quality devices at affordable prices. However, the company has set its sights on the premium smartphone manufacturer market with its latest release, the Xiaomi Mi 12 Ultra. Priced at $1,000, the Mi 12 Ultra is designed to compete with...
Read moreThe stock market has been baffling Wall Street in recent months, with volatility and unpredictability leaving many analysts and investors scratching their heads. Despite a booming economy, the stock market has been experiencing sharp swings, and experts are struggling to make sense of what's behind the market's recent behavior....
Read moreIn a move that is likely to have a significant impact on the future of work in the tech industry, Amazon has announced that it is asking its corporate staff to be in the office at least three days a week. The new policy, which takes effect in the...
Read moreNvidia, the leading graphics processing unit (GPU) manufacturer, has reported better-than-expected earnings for the fourth quarter of 2021, thanks to strong demand for its artificial intelligence chips. The company's shares surged in after-hours trading following the announcement, reaching new all-time highs. For the quarter ended January 31, 2021, Nvidia...
Read more
