According to corporate records, a seasoned software executive from Silicon Valley took the lead last year at a startup in his home China. The business disclosed to prospective investors that it would market software for designing microchips, which is mostly… Read More ›
Month: December 2023
Following A 2022 Decline, Tech Stocks Recently Concluded One Of Their Strongest Years In The Previous 20 Years
After a terrible 2022, tech stocks recovered, helping the Nasdaq experience one of its best years in the previous 20 years. The tech-heavy Nasdaq ended 2023 up 43%, its best year since 2020, which was marginally higher, following last year’s… Read More ›
December Saw The Fastest Growth In Russian Factory Activity In About 7 Years
December had the greatest pace of expansion in Russia’s manufacturing sector in about seven years, according to a business survey released on Friday. Despite this, new export orders fell for the second consecutive month. The S&P Global Purchasing Managers’ Index (PMI)… Read More ›
Asia’s Top-Performing Market For 2023 Was Nikkei; How Will It Do In 2024?
Asia’s top-performing market in 2023 was Japan, as the Nikkei 225 surged 28% to reach levels not seen since 1989. At the close of 1989, the Nikkei reached all-time highs thanks to a bubble in equities and real estate. And… Read More ›
Slow Demand Will Maintain Oil Prices Close To $80/B In 2024, According To A Reuters Poll
A Reuters poll conducted on Friday indicated that international oil prices are expected to remain around $80 per barrel in 2024, with analysts predicting that weak global growth would limit demand and geopolitical concerns might give support. Analysts questioned if… Read More ›
AI And Electric Vehicle Deals To Be The Technology Trends For 2024
Perhaps 2023 will go down in IT history as the year that generative AI became widely used. Though not flawless, generative AI systems can produce a variety of content quickly, including computer code, artwork, and essays. This versatility has made… Read More ›
Microsoft And OpenAI Are Sued By The New York Times For ‘Billions’ Of Dollars
The New York Times, a US news outlet, is suing OpenAI, the company that owns ChatGPT, claiming that the company violated its copyright when training the system. Microsoft is also named as a defendant in the case, which claims the… Read More ›
Despite Boom In AI Market, China’s Cloud Business Has Not Seen Growth
In mainland China, the excitement surrounding artificial intelligence isn’t driving a surge in cloud service spending just yet. Tech market research company Canalys stated in a report released on Wednesday that “the Chinese cloud services market remains conservative, relying heavily… Read More ›
Why Healthy Food Items Are Frequently More Costly?
It’s not always possible to have a healthy diet, or at least one that is more balanced, as food prices cause significant gaps between rich and poor populations in many nations. According to a June 2023 British study, The Food… Read More ›
In 2024, Device Updates And AI Integration Will Propel A Rise In PC Sales
The decline in personal computer sales is probably going to come to an end next year as buyers seem determined to purchase newer models, and analysts predict that desire for gadgets with artificial intelligence capabilities will propel the market even… Read More ›