KKR & Co. Inc. KKR, in collaboration with Global Infrastructure Partners (GIP) and the Indo-Pacific Partnership for Prosperity (IP3), announced the formation of a new...
Tesla and SpaceX CEO Elon Musk’s AI startup xAI is planning to construct a supercomputer in Memphis, Tennessee, to bolster its AI development efforts.What Happened: The...
Satya Nadella-led Microsoft Corporation MSFT and Sundar Pichai’s Alphabet Inc. GOOG GOOGL have announced significant layoffs in their respective departments, impacting hundreds of employees.What Happened: On Monday, Microsoft...
Alibaba Group Holding Ltd’s BABA 618 shopping festival shows strong momentum, according to preliminary data from Taobao and Tmall platforms.As of May 31, 185...
The Internet Archive, home to 835 billion web pages, is experiencing a swift decay of its content. A recent study by the Pew Research Center revealed...
Nio Power, the power service segment of Nio Inc. NIO, has obtained an investment of around $207 million.Wuhan Guangchuang Emerging Technology Venture Capital Fund...
Nobel laureate and economist, Paul Krugman, has voiced his concerns about Alphabet Inc.’s GOOG GOOGL Google and other search engines, stating that they are making...
Key Takeaways:
JD.com reported a profit of 7.1 billion yuan for the first quarter, up nearly 13% year-on-yearÂ
Many investment banks upwardly revised their price targets...
Goldman Sachs analyst Eric Sheridan reiterated a Buy rating on Alphabet Inc GOOG GOOGL with a price target of $195.Sheridan said Google’s Marketing Live keynote outlined Alphabet’s...
Amazon.com Inc‘s AMZN web services division plans to inject €15.7 billion (US$17.02 billion) into establishing facilities in Spain.What Happened: Amazon Web Services will expand...
