Foxconn Reports Rise in November Revenue
Foxconn, the main smartphone manufacturer of the iPhone line, which is part of the Apple product range, reported an improvement in dynamic sales in November.
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Jeremy Hunt Blames Brexit for Instability
British Chancellor of the Exchequer Jeremy Hunt blamed Brexit for a period of political instability that lasts for more than five years and is a factor that caused a decrease in investor confidence in the United Kingdom.
Eurozone Inflation Shows Decline
In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.
AWS and Nvidia to Deliver Generative AI Infrastructure
Amazon Web Services (AWS) and Nvidia have announced the expansion of cooperation to provide consumers with advanced infrastructure, software, and services for innovation in the sphere of artificial intelligence.
Neuralink Raises $43 Million
Neuralink, a company founded by Elon Musk that specializes in the development of implantable chips capable of reading brain waves, was able to attract additional venture capital for $43 million.
White House Reportedly to Redouble Measures to Strengthen Supply Chains
The media reports that this week the administration of the President of the United States Joe Biden will double measures aimed at strengthening the supply chain.
Berkshire Hathaway Exits India’s Paytm
American Berkshire Hathaway Inc. has withdrawn from the Indian Paytm, as evidenced by information on the local stock exchange.
Chinese Zhongzhi Enterprise Group Says About Its Huge Debt
The largest Chinese asset management company Zhongzhi Enterprise Group (ZEG) has informed investors that it is no longer able to pay its bills.
Global Smartphone Sales Show Growth
In October, for the first time in 27 months, the global smartphone market recorded an increase in sales volumes on an annualized basis.
AI Startup Cohere CEO Criticizes Movement for Self-Righteousness
Aidan Gomez, CEO of the startup Cohere, which operates in the sphere of artificial intelligence, in his letter addressed to the employees of this company, in negative terms criticized the movement for effective altruism.
White House Gives $50 Million to Small Businesses
The Administration of the President of the United States Joe Biden announced the provision of new financial assistance to those representatives of the small business sector who are in an underserved area.
Nvidia’s Revenue Demonstrates Growth
Nvidia has released its financial results for the quarter ended October 29.
HP Posts Revenue Decline
HP has published a report on its quarterly sales, which did not meet analysts’ expectations because the projected recovery of the personal computer market is still a hypothetical vision of the future and is not in the space of objective reality that cannot be denied.
China Fines Foxconn
In China, local tax authorities fined a subsidiary of Foxconn Technology Group.
German Budget Crisis Worsens
The German leadership decided on an emergency spending freeze against the background of the decision of the country’s top court, which aggravated the already existing budget crisis, which became a kind of shock factor for Europe’s largest economy.
Baidu Posts Revenue Rise
Chinese technology giant Baidu on Tuesday, November 21, announced the financial results of its activities for the third quarter of 2023.
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