technology
Technology
Google brings AI answers to map applications
Technology
Intel rises on recovery hopes as it forecasts revenue above estimates
Technology
Apple offers modest growth outlook after iPhone sales help beat profit expectations
Technology
Nvidia needs EU approval to buy AI startup Run:ai, regulators say
Siemens’ $10.6 billion Altair deal strengthens its industrial software offering
Date: October 31, 2024
By John Revill (Reuters) -Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position in the growing market for industrial software. The deal, Siemens’s second biggest acquisition, is part of the German engineering group’s increased focus on a sector being revolutionised by data analysis and artificial intelligence. Michigan-based Altair...
Apple launches new, more powerful versions of MacBook Pro
Date: October 31, 2024
(Reuters) – Apple on Wednesday unveiled new MacBook Pro models that feature more powerful processors for tasks such as photo and video editing, aiming to bolster its appeal among creative professionals. The new line of MacBook Pro laptops will start at $1,599 for the 14-inch variant, with the higher-end versions sporting more powerful M4 Pro...
Facebook parent Meta projects sharp acceleration in AI costs after results beat Wall Street targets
Date: October 30, 2024
By Katie Paul, Akash Sriram (Reuters) -Facebook owner Meta Platforms beat analysts’ estimates for third-quarter revenue and profit on Wednesday, but warned of “significant acceleration” in artificial intelligence-related infrastructure expenses. The results sent mixed signals to investors about whether digital ad sales from Meta’s core social media business would continue to cover the cost of...
Exclusive-China tells carmakers to pause investment in EU countries backing EV tariffs, sources say
Date: October 30, 2024
SHANGHAI (Reuters) – China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe. The new European Union tariffs of up to 45.3% came into effect on Wednesday after a year-long investigation...
Sanjay Moolchandani: Revolutionizing Financial Risk Management Through Technological Innovation
Date: October 30, 2024
Sanjay Moolchandani, a global banking leader with over 20 years of experience in financial technology and risk management, has been at the forefront of integrating advanced technology into financial risk management frameworks. Sanjay’s groundbreaking work in developing risk management strategies powered by Artificial Intelligence (AI) and Machine Learning (ML) has positioned him as a...
Xiaomi launches faster version of flagship EV in challenge to Tesla
Date: October 30, 2024
BEIJING (Reuters) – Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model would rank as the fastest four-door car in production in a direct challenge to the likes of Tesla and Porsche. Xiaomi, still better known for smartphones and home appliances than cars, entered China’s crowded...