technology
Technology
CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform
Technology
Exclusive-Silver Lake, Bain prepare to bid for multi-billion stake in Intel’s Altera unit, sources say
Technology
Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge
Technology
Market value of Nvidia and TSMC surges in October on strong AI chip demand
EU to assess if Apple’s iPad OS complies with bloc’s tech rules
Date: November 4, 2024
By Foo Yun Chee and Sudip Kar-Gupta BRUSSELS (Reuters) – EU antitrust regulators will assess whether Apple’s operating system for iPads comply with the bloc’s landmark rules aimed at reining in the power of Big Tech, the European Commission said on Monday. The move by the EU executive, which acts as the bloc’s competition enforcer,...
Aermont submits highest offer for data centre operator Nabiax, sources say
Date: November 1, 2024
By Andres Gonzalez and Amy-Jo Crowley LONDON (Reuters) – European asset manager Aermont Capital has submitted the highest binding offer for Spanish data centre operator Nabiax, two people familiar with the matter told Reuters. Shareholder Asterion Industrial Partners and telecoms operator Telefonica received binding offers this week as part of an ongoing sale process, said...
A year on, Intel’s touted AI-chip deals have fallen short
Date: November 1, 2024
By Jeffrey Dastin (Reuters) – Intel’s upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial intelligence have not lived up to sales expectations. The chipmaker scrapped its recent forecast that in 2024 it would sell more than $500 million worth of Gaudi accelerator chips, so called because...
Google brings AI answers to map applications
Date: November 1, 2024
By Kenrick Cai (Reuters) – Alphabet’s Google on Thursday announced a set of features that incorporated Gemini, its artificial intelligence chatbot, into its suite of mapping applications. Widely perceived to have relinquished an early lead on AI development to rivals like Microsoft-backed OpenAI, Google has attempted to catch up by incorporating research advances into existing...
Intel rises on recovery hopes as it forecasts revenue above estimates
Date: November 1, 2024
By Max A. Cherney and Arsheeya Bajwa (Reuters) -Intel expressed optimism on Thursday about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning that it had “a lot of work to do.” The chipmaker’s shares jumped more than 7% in extended trading, paring back bigger gains shortly after it...
Apple offers modest growth outlook after iPhone sales help beat profit expectations
Date: November 1, 2024
By Stephen Nellis, Akash Sriram (Reuters) -Apple’s AI-enhanced iPhone made a strong start, pushing quarterly sales ahead of Wall Street expectations, but a modest revenue forecast raised questions about whether that momentum will hold over the holiday sales season. A decline in China sales during the fourth quarter also concerned some analysts and investors, helping...