Explained - page 44

Synopsys to Buy Ansys
News

Synopsys to Buy Ansys

Synopsys, a developer of chip design software, announced the acquisition of Ansys, a maker of software that is used to create a variety of products, including tennis rackets and airplanes.

Anthropic Reportedly Develops New Feature for Chatbot Claude
News

Anthropic Reportedly Develops New Feature for Chatbot Claude

Startup Anthropic, which operates in the sphere of artificial intelligence, is currently working on creating a new feature for its chatbot called Claude.

Chinese Prime Minister Reports on Economic Growth
Finance & Economics

Chinese Prime Minister Reports on Economic Growth

Chinese Premier Li Qiang on Tuesday, January 16, during a speech at the annual meeting of the World Economic Forum in Davos, Switzerland, said that the growth of the Asian country’s economy over the past year amounted to approximately 5.2%.

IMF Says About AI Impact on Labor Market
Science & Technology

IMF Says About AI Impact on Labor Market

The International Monetary Fund (IMF) predicts a high level of influence of artificial intelligence on the state of affairs in the labor market.

China’s Annual Exports Demonstrate Decline
Finance & Economics

China’s Annual Exports Demonstrate Decline

China’s exports in 2023 showed a negative dynamic of the decline.

US Consumer Prices Demonstrate Growth
News

US Consumer Prices Demonstrate Growth

By the end of 2023, the United States recorded an increase in consumer prices of 3.4% year-on-year.

National Bank of Oman Partners With PayMate
Fintech & Ecommerce

National Bank of Oman Partners With PayMate

The National Bank of Oman has signed a Memorandum of Understanding with the Indian fintech company PayMate as part of efforts to achieve the goal of modernizing B2B payment processes.

SVB Financial Group and Creditors Plan to Found New Company
Finance & Economics

SVB Financial Group and Creditors Plan to Found New Company

SVB Financial Group, the former parent company of Silicon Valley Bank, was able to make progress in its bankruptcy case by reaching an agreement with the main creditors.

TSMC Revenue Exceeds Forecasts
Science & Technology

TSMC Revenue Exceeds Forecasts

Taiwan Semiconductor Manufacturing Co. (TSMC) revenue for the fourth quarter of 2023 exceeded preliminary expectations, which provided for a decrease in this indicator.

World Chip Sales Demonstrate Growth
News

World Chip Sales Demonstrate Growth

Global chip sales figures show positive dynamic growth.

Samsung Posts Sixth Straight Quarter of Declining Operating Profit
Science & Technology

Samsung Posts Sixth Straight Quarter of Declining Operating Profit

Samsung Electronics Co. recorded a decline in operating profit for the sixth consecutive quarter.

Foxconn Expects Decline in Sales
Science & Technology

Foxconn Expects Decline in Sales

Foxconn warned of a fourth consecutive decline in quarterly sales.

Qualcomm Announces New Chip for Mixed Reality
News

Qualcomm Announces New Chip for Mixed Reality

Qualcomm Inc., the largest manufacturer of processors for mobile phones, has announced a new Snapdragon XR2+ chip, designed for virtual and mixed-reality headsets.

Intel and DigitalBridge Establish Generative AI Company
News

Intel and DigitalBridge Establish Generative AI Company

Intel and DigitalBridge Group are jointly establishing the company Articul8, which will provide corporate clients access to a secure and vertically optimized software platform for creating artificial intelligence.

US National Debt Hits $34 Trillion
Finance & Economics

US National Debt Hits $34 Trillion

The debt of the Government of the United States has exceeded the $34 trillion mark for the first time in history.

Meta Cuts Prices for Quest 2 Headset
News

Meta Cuts Prices for Quest 2 Headset

Meta has reduced the cost of the Quest 2 virtual reality headset.