The World Health Organisation has decided that the spread of Covid-19 is no longer a global public health emergency. “For more than a year, the pandemic has been on a downward trend with population immunity increasing from vaccination and infection,… Read More ›
Month: May 2023
Companies In Europe Are Laying Off Workers As The Economy Struggles
Companies across Europe have been forced to lay off workers or stop hiring due to decades of high prices and the impact of the Ukraine war. Since January, the following companies have announced layoffs: AUTOS * STELLANTIS: the manufacturer of… Read More ›
US President Holds Meeting On Threats Posed By AI With CEOs Of Microsoft And Google
US President Joe Biden met with the CEOs of leading artificial intelligence companies, including Microsoft and Alphabet’s Google, and emphasised the importance of ensuring the safety of their products before they are deployed. This year’s buzzword has been generative artificial… Read More ›
TikTok Advertisers Continue To Support The App Despite The Prospect Of A Ban In The United States
Advertisers are committed to continuing to spend on TikTok because to its tremendous popularity with consumers, despite predictions of a future ban in the United States due to national security concerns, according to ad specialists. TikTok, which is owned by… Read More ›
Employees At Google Are Unhappy With CEO Sundar Pichai’s Compensation Increase While Cost Reductions Affect The Rest Of The Business
Sundar Pichai, the CEO of Google, is now among the highest-paid CEOs in America thanks to a significant compensation increase from the previous year. His business said last week that a $70 billion stock buyback had been approved. As a… Read More ›
US Chip Export Regulations Has Barely Managed To Slow Down China’s AI Industry
The U.S. microchip export restrictions put in place last year to halt China’s development of supercomputers used to create nuclear bombs and ChatGPT are barely making a dent in the country’s IT industry. The regulations banned shipments of Nvidia Corp…. Read More ›
Uber Anticipates To Make A Profit This Year As The Ride-Sharing Industry Recovers
After a spike in demand for travel and food delivery helped the American ride-sharing giant report better-than-expected results for the January-March period, Uber Technologies Inc. forecast quarterly core earnings above estimates on Tuesday. The company’s shares increased by 7%, contributing… Read More ›
CEOs Of Google And Microsoft Are Invited To The White House AI Meeting
On Thursday, US Vice President Kamala Harris and other senior administration officials will meet with the CEOs of Alphabet Inc.’s Google, Microsoft, OpenAI, and Anthropic to discuss important artificial intelligence (AI) challenges. President Joe Biden’s “expectation that companies like yours must… Read More ›
Continued Decline In Exports Of South Korea Longest In Three Years As Exports To China Tumble
Exports from South Korea saw their worst losing streak in three years in April, falling for a seventh straight month. This sustained decline in sales to China suggests that the economy is still under constant pressure from weak global demand…. Read More ›
World Bank Introduces A More Reliable, Open Rankings Of The Business Climate
After being forced to withdraw its flagship rankings two years ago due to embarrassing disclosures of data discrepancies and favouritism towards China, the World Bank on Monday presented fresh methodology and stronger safeguards for evaluating the business climate in up… Read More ›