Tag Archives: tech

Futures rise on tech strength; Tesla extends losses

By Ambar Warrick and Devik Jain (Reuters) – U.S. stock index futures rose on Monday as major technology stocks advanced, while investors awaited a slew of retail earnings and economic data this week to gauge the health of consumer spending. The three major Wall Street indexes had fallen between 0.3% and 0.7% last week on concerns over high inflation and weakening consumer sentiment. Investors had begun pivoting into economically resilient sectors, mainly technology, towards the end of the… Source link

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Nvidia promises fully self-driving cars with new Nvidia Drive tech

Nidia’s is using its Omniverse and AI technologies to build out self-driving car capabilities. (Image: Nvidia) Nvidia (NVDA) is well-known for its autonomous vehicle efforts, and at the company’s GTC 2021 conference, it’s rolling out three technologies to support its future self-driving capabilities: Nvidia Drive Hyperion 8, Drive Chauffeur, and Drive Concierge. Taken together, the technologies help Nvidia push deeper into the autonomous car space. What’s more, the technologies provide… Source link

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Yahoo, LinkedIn, Fortnite: Why Are Foreign Tech Firms Pulling Out of China?

Yahoo is leaving the China market, suspending its services there as of Monday amid what it says is an “increasingly challenging” business and legal environment. Foreign technology firms have been pulling out or downsizing their operations in mainland China as a strict data privacy law specifying how companies collect and store data takes effect. Such companies have decided the regulatory uncertainty and reputational risks outweigh the advantages of staying in the huge market. Which foreign… Source link

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Yahoo is latest foreign tech firm to leave China |

...WINTER WEATHER ADVISORY REMAINS IN EFFECT UNTIL 11 AM EDT WEDNESDAY... * WHAT...Lake effect snow expected. Total snow accumulations of 1 to 2 inches in most valley locations with up to 3 inches across the higher terrain. * WHERE...Warren and McKean Counties. Highest amounts near and to the north of Route 6. * WHEN...Overnight to 11 AM EDT Wednesday. * IMPACTS...Plan on slippery road conditions. The hazardous conditions could impact the Wednesday morning... Source link

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Yahoo and Fortnite exit China as tech crackdown bites

by Jing Xuan Teng US internet services company Yahoo said on Tuesday it has pulled out of mainland China, becoming the latest tech firm to withdraw as a crackdown by Beijing on the industry gathers pace. The move comes just days after American gaming giant Epic said it will shut its popular game “Fortnite” following the imposition of strict curbs on the world’s biggest gaming market. Yahoo. Photo: Pixabay. Beijing has embarked on a wide-ranging regulatory clampdown on a… Source link

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Russia Tech Giant Yandex Uses AI to Reward Safe Drivers With Insurance Discounts

Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told Reuters, using machine learning in a pilot program similar to one already adopted by Tesla. Newly listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance discounts of up to 35% to the safest drivers using the Yandex.Drive app. Yandex did not disclose the terms of the deal, and Renaissance… Source link

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Tech CEOs ‘have a moral responsibility’ to protect people from misinformation: US Surgeon General

The U.S. response to the COVID-19 pandemic has been stunted in part due to the ease and speed with which misinformation spreads via the internet and social media —creating an additional barrier for government officials and experts to ensure the general public remains well-informed. U.S. Surgeon General Dr. Vivek Murthy places the blame on key technology companies — but also believes that everyone in the country can play a role in halting the spread of misinformation. “You don’t have to… Source link

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10 Best Tech Stocks to Buy Now

In this article, we will discuss the 10 best tech stocks to buy now. If you want to skip our detailed analysis of the technology sector and these stocks, go directly to the 5 Best Tech Stocks to Buy Now. The technology sector remains an attractive investment avenue for investors around the globe, whether they are novices just starting out their investment journey, or seasoned investors like Warren Buffett, Cathie Wood, Ken Griffin, and John Armitage, whose investment portfolios are brimming… Source link

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