Tag Archives: tech

Last November, the tech giant Yandex unveiled Chervonenkis, Russia’s most powerful supercomputer and the 19th most powerful commercial computer on the planet. Chervonenkis, which Yandex uses to train artificial intelligence algorithms for applications like web search and translation, was built by linking together more than 1,500 chips from the US company Nvidia. Earlier this week, Russia’s Ministry of Internal Affairs said that it was having trouble sourcing the homegrown chips it’s… Source link

(Bloomberg) — Chinese technology stocks dropped for a third straight session amid fresh worries over Beijing’s regulatory plans for the sector. Most Read from Bloomberg The Hang Seng Tech Index fell more than 3% on Tuesday and headed for the lowest close since its inception in 2020. Alibaba Group Holding Ltd. led declines following a Bloomberg report that authorities have begun another round of checks on its fintech business arm. The rout weighed on the broader Hong Kong market, with the… Source link

Tech giant Google announced a new $25 million initiative on Sunday that would fund skills development programs over the next five years for members of underrepresented communities in Israel to help give them a leg up into the country’s celebrated high-tech sector. These communities include ultra-Orthodox and Arab professionals, women and those who live outside Israel’s central areas, also called the geographic “periphery.” Google said it will announce a separate initiative for… Source link

If you think about smart-home gadgets at all, you probably think about energy-saving thermostats or lights you control with an app. Most people don’t worry about how they work, let alone how they might work together. Some of tech’s biggest players— Apple Inc., Alphabet Inc . ’s Google, Amazon . com Inc. and Samsung Electronics Co . —have established smart-home platforms, so your iPhone can turn off the lights or Alexa can change the thermostat without too… Source link

Kraft Heinz Co. KHC, +2.74% announced a partnership with Google GOOG, +0.15% google on Friday that’s intended to further the food company’s digital transformation. Kraft will use machine learning tools to help with new flavors and products, improve shopper engagement using Google Cloud products, and use platforms like Google Ads and YouTube for marketing. Kraft has invested in its own digital tools over the past year, which… Source link

Alphabet Inc’s Google made $147 billion in revenue from online ads in 2020, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profits. About 16% of its revenue came from the company’s display or network business, in which other media companies use Google technology to sell ads on their website and apps. The European Commission opened an investigation in June into whether Google favours its own online display… Source link

BRUSSELS, Feb 11 (Reuters) – Google (GOOGL.O) on Friday was targeted in an antitrust complaint by the European Publishers Council over its digital advertising business, potentially strengthening EU antitrust chief Margrethe Vestager’s investigation into the issue. Alphabet Inc’s Google made $147 billion in revenue from online ads in 2020, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profits. read more

Facebook parent Meta (FB) took a huge earnings hit last week in part because of privacy changes Apple (AAPL) made to its iOS platform, but lawmakers may be poised to force Big Tech to take additional steps to protect users’ privacy. In a new interview with Yahoo Finance Live, Congressman Ro Khanna (D-Calif), whose district is in the heart of Silicon Valley, outlined three areas that lawmakers should focus on when it comes to tech regulation: privacy, antitrust regulation, and free speech. On… Source link

(Bloomberg) — Peloton Interactive Inc. — the early pandemic home-fitness darling that’s become a potential takeover target following a sharp plunge in its stock price — could find a challenging climate if it opts for a deal with a big-technology firm. Most Read from Bloomberg One key consideration is regulatory scrutiny. There’s a chill against large transactions at the moment in Washington, where technology companies are being probed by regulators for their reach and influence and the… Source link

Stock futures opened sharply higher Thursday evening as investors looked ahead to a key new report on the labor market and considered a fresh set of earnings results from several major index components. Contracts on the S&P 500 gained more than 1% as the overnight session kicked off. Nasdaq futures also jumped. Earlier, the Nasdaq Composite index sank by 3.7% for its worst single-day decline since September 2020. Oil prices also remained in focus on Thursday as U.S. West Texas intermediate… Source link