Tag Archives: tech

Google Research Since the release of DALL-E 2 at the end of 2022, text-to-image generators have been all the rage with plenty of worthy competitors entering the market. Now, over a year later, we are at the dawn of a new technology: AI video generation.  On Tuesday, Google Research released a research paper on Lumiere, a text-to-video diffusion model that can create highly realistic video from text prompts and other images.  Also: The best AI image generators of 2024: DALL-E 2 and… Source link

A Russia-based company has become the legal owner of tech giant Yandex as it prepares to separate from its Dutch parent company, the state-run Interfax news agency reported Tuesday. MKAO Yandex was registered last month in the Kaliningrad region’s Oktyabrsky Island, an offshore zone known as a “special administrative region.” In addition to offering low taxes, the offshore zone allows major Russian companies to repatriate their businesses while avoiding Western sanctions as… Source link

The Nasdaq 100 (^NDX) hit a record high on Thursday as stocks rebounded, led by notable tech performances like Microsoft (MSFT) and NVIDIA (NVDA). Yahoo Finance Market Reporter Jared Blikre takes a closer look at the stock and sector actions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Eyek Ntekim Source link

The key drivers of the late 2023 stock market rally have faded. With investors increasingly questioning when the Federal Reserve will cut interest rates, the so-called “soft landing” trade which saw investors pour into interest-rate sensitive sectors has stumbled to start 2024. That raises the question of what the next catalyst is — and investors may not need to look further than the tech sector (XLK). Despite the recent craze over small caps and other hot trades that could benefit from… Source link

US stocks tipped higher on Thursday, eyeing a rebound from recent losses as investors looked to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut. The S&P 500 (^GSPC) added around 0.4%, while the tech-heavy Nasdaq Compossite (^IXIC) led gains, rising 1%. The Dow Jones Industrial Average (^DJI) dropped about 0.3%. Techs led stocks higher after a bullish AI-fueled revenue outlook from TSMC (TSM), a key supplier to Apple (AAPL) and Nvidia (NVDA)…. Source link

Topline Hundreds of employees were cut from major tech companies this week, including at Amazon, Google and Duolingo, as businesses look to “rightsize” their workforces and cut costs, following up on a parade of layoffs that dominated the news cycle and led to even steeper cuts amid lingering recession fears in 2022 and 2023. across multiple divisions. AFP via Getty Images Key Facts Twitch, a live streaming site owned by Amazon, announced plans to cut 35% of its staff (roughly 500… Source link

Restrictive US policies limiting advanced chip exports to China have done little to dampen Qualcomm’s (QCOM) enthusiasm for the world’s second-largest economy. In an interview at CES 2024 in Las Vegas, CEO Cristiano Amon expressed confidence about Qualcomm’s business in the country, its largest market by revenue. “If you have a leading technology, you’re going to have a big business in China,” he said. The San Diego-based firm finds itself in a difficult situation, as the White House… Source link

Google is starting 2024 by cutting several hundred jobs across the company. The company confirmed the layoffs to USA TODAY Friday and that they will impact employees within Google’s hardware and central engineering teams, as well employees who work on Google Assistant, the company’s voice-activated software product. Other parts of the company were also affected. “As we’ve said, we’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” the… Source link

Comment on this storyComment Add to your saved stories Save SAN FRANCISCO — The wave of layoffs that has broken over Silicon Valley in the past two years isn’t over. On Wednesday, Google confirmed it had cut hundreds of engineering and hardware workers as it sought to cut costs and refocus on artificial intelligence. The same day, Amazon said it would cut some positions at its Prime Video and MGM Studios entertainment divisions. Twitch, a video game streaming company owned by Amazon, also… Source link

Amazon, Microsoft are boosting Saudi offices amid state pressure SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images Global technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp. are among firms working to ramp up their presence in Saudi Arabia amid pressure from the government, which has said it will stop giving contracts to companies without regional headquarters in the country. The three US firms… Source link