Month: November 2024
Business leaders weigh the U.S.’ role in climate policy as Trump transitions to White House
Participants walk by the entrance of the U.N. COP29 climate conference at the Baku Olympic Stadium. Sopa Images | Lightrocket | Getty Images BAKU, Azerbaijan — Dubbed the “climate financing COP,” the 29th iteration of the U.N.’s annual climate summit in Baku, Azerbaijan, has hosted talks focused on unlocking crucial funds to combat environmental change […]
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Europe markets decline with U.S. inflation data in focus; Just Eat Takeaway, Siemens Energy soar
European stocks traded slightly lower Wednesday, with global markets focused on upcoming U.S. inflation data. The pan-European Stoxx 600 index was down 0.1% in early deals, with the majority of sectors in negative territory. Shares of Just Eat Takeaway stock soared 20% shortly after the open Wednesday after the company said it had struck a deal to […]
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Trump tariffs — and possible exemptions — could provide opportunities for Britain
The U.S. Stars and Stripes flag hangs on Whitehall with the figure of Lord Nelson on the top of his column in Trafalgar Square, on 3rd June 2019, in London England. Richard Baker | In Pictures | Getty Images LONDON — President-elect Donald Trump’s proposed trade tariffs could prove a boon for the U.K., with […]
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Tencent reports profit beat on games growth, touts AI benefits
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Chinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, spurred by growth in games, advertising and cloud services. […]
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China is catching up with the West on tech, Microsoft president says
The West shouldn’t assume that China is lagging behind the U.S. and Europe on tech developments, Microsoft’s president and vice-chairman warned. U.S-China tensions in the past few years have centered on the battle between the two nations for tech supremacy, culminating in a slew of export controls on critical technologies. Late last year, China’s Huawei […]
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Australia plans to ban social media for under 16s — and experts have called it a ‘momentous step’
Australia’s government has proposed a social media ban for children under the age of 16 which experts have described as a “momentous step,” as parents globally call for greater regulation of tech companies. Australian Prime Minister Anthony Albanese last week said the legislation will be introduced into parliament this year, with the law coming into […]
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Japan is ramping up efforts to revive its once dominant chip industry
Japan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. Thicha Studio | Istock | Getty Images Japan has announced a new plan to revitalize the country’s semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal […]
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Startup CEO says humans won’t be needed for translation in 3 years as it launches AI app
Vasco Pedro, co-founder and CEO of Unbabel, on the first day of the 2023 Web Summit at the Altice Arena in Lisbon. Miguel Reis | SOPA | Lightrocket | Getty Images LISBON — Unbabel on Wednesday announced a translation service powered by artificial intelligence, adding another rival to a highly competitive space — with its […]
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SoftBank-backed Swiggy’s shares soar over 9% on India market debut after stellar IPO
Swiggy delivery team gather after attempting Guinness World record title for largest Vada Pav (Indian Burger) delivery across Mumbai. Swiggy team delivered eleven thousand (11,000) Vada Pav (Indian Burger) across the city creating a Guinness World record. Sopa Images | Lightrocket | Getty Images Shares of Indian food delivery giant Swiggy soared over 9% on […]
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‘Many dark times’: How this startup founder overcame self-doubt and started a $100-million-a-year business
Jeffrey Tiong, founder and CEO of PatSnap. Courtesy of Jeffrey Tiong. Many entrepreneurs will say that building a successful startup is costly — both financially and emotionally. Just ask Jeffrey Tiong. The 40-year-old is the founder and CEO of intellectual property and research and development startup Patsnap, a Singapore-based unicorn company that has surpassed an […]
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