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Tag Archives: Enterprise

An internet split between China and USA

“It’s (China) arguably ahead of U.S. in some areas behind in others, maybe neck and neck. But at the current trajectory, China will probably be ahead of U.S. in five years,” Lee said. “China has more data, more users, more usage per data. And there’s very pro-AI government policies. So …

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HSBC and Goldman Sachs back fintech firm Bud’s Series A funding round

British fintech start-up Bud said Monday that it had secured $20 million in a funding round co-led by HSBC and Goldman Sachs. The London-based company’s platform lets banks update their apps to give users access to financial services products from rivals. Banks can also categorize a customer’s spending data using …

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Amazon CEO Jeff Bezos ‘change of heart’ on advertising

Joe Swallen, chief research officer at Kantar, said that while Amazon is becoming more of a product company, it also has to invest more in defending its own turf because Walmart, Target and Best Buy are stepping up promotion of their online commerce businesses. “Even with its massive customer base …

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Intel stock sinks after the chipmaker names Robert Swan as CEO

Intel’s stock slid Thursday after the chipmaker named interim CEO Robert Swan to the position permanently, ending a months-long search following the ouster of Brian Krzanich for what it called a “consensual relationship” with an employee. Swan, 58, has been interim CEO for seven months and chief financial officer since …

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How to use Microsoft Font Maker Windows app

If you see a letter that doesn’t look quite right here, unfortunately there’s no back button, so you’ll have to make a whole new font if you want to redo it. The whole process doesn’t take a very long time, though, so don’t agonize too much over it. When you’re …

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Nvidia is the worst performing S&P 500 stock this quarter

Nvidia’s rapid sell-off is a reminder of how much speculation went into its earlier run-up, when the company played squarely into the hype surrounding artificial intelligence. Researchers flocked to the company’s GPUs to accelerate the training of their complex models, and Nvidia sought to capitalize on the craze. Executives started …

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AWS is launching on-premises database software with VMware

Amazon Web Services has emerged as a dominant force in cloud computing by hosting other companies’ technology infrastructure in its massive data centers. But AWS is also rolling out services for companies that do it the old way. On Monday, Amazon and VMware introduced a version of Amazon’s cloud-based database …

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HP earnings Q3 2018

HP reported better-than-expected fiscal third quarter earnings on Thursday, but the stock dipped in extended trading. Here are the key numbers: Earnings: 52 cents per share, excluding certain items, vs. 51 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $14.59 billion, vs. $14.27 billion as expected …

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Slack raises $427 million funding round at $7.1 billion valuation

Slack, maker of the popular business messaging app, is now worth more than $7.1 billion. The San Francisco-based company said on Tuesday that it closed a $427 million funding round, padding its balance sheet as it takes on some of the world’s biggest tech companies, including Google, Microsoft and Cisco. …

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Doctors warn on the pace of technological change

Vahdat said that one area in which AI could be hugely beneficial in improving efficiency and cutting costs was cardiological care. “If we collect data in real time and combine it with their historical data as well as data from millions of similar patients, an intelligent system could predict a …

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