Snap Says Augmented Reality Drives User Engagement
Snap, which owns the popular Snapchat virtual platform, believes that augmented reality will be one of the most significant advances in the area of computing ever seen in the world.
US
Microsoft Reports Quarterly Earnings
Microsoft has released data on its financial results for the last fiscal quarter, which exceeded analysts’ preliminary expectations.
CEOs of OpenAI, Google and Microsoft to Join Federal AI Safety Panel
The United States government has asked companies operating in the artificial intelligence industry for advice on how to use advanced technology to protect utilities, airlines, and other critical infrastructure from hacker attacks applying AI.
Alphabet’s Value Exceeds $2 Trillion Mark
The market capitalization indicator of Alphabet Inc. on Friday, April 26, significantly exceeded the historical mark of $2 trillion.
Intel Shares Fall Due to Weak PC Chip Demand
Intel’s share price on Friday, April 26, at the premarket showed a significant decline of more than 7% after the company’s pessimistic sales forecast for the second quarter of 2024 testified that the so-called artificial intelligence boom reduces consumer spending on microcircuit for traditional data centers and computer chips.
Airwallex Expands to U.S.
U.S. businesses can now use Airwallex to accept cards, mobile wallets, and local payment methods for cross-border transactions.
Amazon to Invest $11 Billion in Indiana
Amazon.com ‘s cloud computing unit has announced plans to invest $11 billion in projects to build data centers in Indiana.
Microsoft-Backed Rubrik Shares Increase 25%
Rubrik Inc. securities rose in price by 25% during the trading debut after this startup specializing in the development of solutions for cloud security and data protection, backed by Microsoft, was able to raise $752 million in the initial public offering (IPO) of shares.
Apple Announces Plans for Special Event on May
Apple Inc. announced its intention to hold a special event on May 7.
Rippling Announces New Fundraising
Rippling, the workforce management platform that unifies HR, IT, finance, and more, announced on Monday, April 22, that it has managed to raise new funding for $200 million.
Alphabet’s Cash Boom Stimulates Dividend Hopes on Wall Street
Alphabet Inc. receives so much cash that against this background, hopes are growing that it will be able to take the page out of the playbook of Meta Platforms Inc. and start paying dividends.
Trendy Fashion Retailer Express Files for Bankruptcy
Trendy fashion retailer Express Inc. has filed for bankruptcy.
TikTok Says About Potential Consequences of Banning Platform in US
TikTok stated that the ban on this virtual platform in the United States would be a factor in hurting freedom of speech and harming local businesses.
Gina Raimondo Downplays Huawei’s Latest Microchip Breakthrough
Last weekend, US Commerce Secretary Gina Raimondo, while talking to reporters, downplayed the importance of the latest achievements of the Chinese company Huawei Technologies in the microchip area, stating in an appropriate context that Washington is significantly ahead of Beijing in the mentioned segment of the technology sector.
Economists Boost US GDP Outlook
Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.
Micron Intends to Get $6.1 Billion in Grants From US
The company Micron Technology, which specializes in the implementation of activities for the production of memory chips, will receive $6.1 billion in grants from the Commerce Department of the United States.
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