Author: 5hspx
According to Synergy Research Group, Amazon, Microsoft and Google spent more than $48 billion in the second quarter, most of it on data centers.A natural question is: what will be the return on these large AI investments?Analysts at RBC Capital Markets came up with an early answer this week, and it's not a good one.”Long-term software gross margins will be structurally lower as a result of GenAI,” they wrote in a research note.According to RBC, when software moved from “on-premise” – where companies run it on their own computers – to the cloud, where it runs on rented machines in…
Latham & Watkins, Freshfields Bruckhaus Deringer and Ashurst advised CK Infrastructure Holdings (CKI), the business unit of Hong Kong businessman Li Ka-shing, on two UK transactions. Hong Kong-listed CKI has completed a secondary listing of its issued shares, marking its first debut under the London Stock Exchange's new listing rules. Latham & Watkins acted as U.S. counsel to the issuer, while Freshfields Hong Kong partner Grace Huang provided Hong Kong law advice. Linklaters advised the underwriter, HSBC. British financial regulators last month approved the most significant reforms to the London Stock Exchange (LSE) in nearly 30 years, including one that…
Taylor Swift says Vienna show cancellation is 'devastating', explains silenceLONDON (AP) — Two weeks after organizers canceled Taylor Swift's Vienna show after a thwarted terror plot, Swift has issued her first statement about the cancellation. She called the cancellation devastating, saying it filled her with “a renewed sense of fear” and “tremendous guilt because so many people were planning to come to the show.” She thanked authorities and said she was holding off on speaking out until after the end of her European Eras tour to prioritize safety. Following the cancellation, Swift's representatives did not respond to multiple requests for…
WNBA Betting Picks: Thursday, August 22nd Published Thursday, August 22, 2024 at 12:38 a.m. Wondering how to bet on today's WNBA games? Look no further. Below you'll find computer predictions on how to bet on the spread and total for the day's only matchup. Subscribe to WNBA League Pass on Amazon Prime Video to get access to full season and offseason games, live, on-demand, and more. WNBA Picks of the Day – August 22nd Dallas Wings vs New York Liberty Odds and Predictions Spread Pick: Liberty (-13.5) Total Pick: Under (171.5) Prediction: Liberty 94, Wings 74 Bet on this game…
This story is a collaboration between Grist and el Centro de Periodismo Investigativo. It was supported by the Fund for Investigative Journalism. Lee esta nota en español. In the late 1980s, the aptly named Package Products Company in Charlotte, North Carolina, was facing a toxic problem. The consumer packaging company printed eye-catching candy wrappers, soft-drink shrink wrap, and other materials doused with colorful inks. But the company discovered that the chemicals in the ink vaporized when the wrappers were set out to dry, poisoning the air and creating a dangerous environment for workers and even those who lived nearby. The company brought in…
Thursday, August 22, 2024 ArticlesTags BusinessEconomicsForecastGeopolitical RisksTradeUS ElectionsEuropeUS Consumer In the EIU's September 2024 World Outlook video, Europe Regional Director Emily Mansfield and Chief Economist Agnese Ortolani discuss the region's economic and policy outlook following the European Parliament elections and in the run-up to the US elections. Eurozone and EU real GDP both grew 0.3% on a quarterly basis in the second quarter of 2024, with momentum in the European economy strengthening somewhat as most EU economies continue their gradual recovery from 2023. The EIU forecasts that the EU economy will expand by about 1% this year, above last year's…
After spending several years in the US, Indian Institute of Technology (IIT) couple Nairit and Rishita Das decided to return to India in 2023 and settled in Bangalore, a city known for its vibrant tech industry. Their experience living in both countries gave them a unique perspective on the differences between the two countries. The couple shared their observations in an “honest edit” on social media, which quickly gained attention. Nairit, founder of Gushwork, and Rishita, assistant professor of aerospace engineering at IIT Bangalore, tweeted: “My wife and I decided to return to India from the US after completing our…
These companies are on a growth trajectory that could deliver big benefits over the next few years. If you follow technology or stock market news at all, you may be tired of reading about artificial intelligence (AI). Since the launch of OpenAI's ChatGPT in early 2023, the technology has been featured in countless headlines. This advanced chatbot has reignited interest in AI, highlighting its potential to improve many industries and motivating companies across the technology industry to pivot their operations to emerging markets. But whether you're suffering from AI fatigue or not, it's still hard to deny the potentially lucrative…
“We know that experienced employees at major tech companies who are affected by these policies are walking away with some of their most valuable human capital investments and productivity tools and looking for work elsewhere,” Austin Wright of the University of Chicago told The Washington Post in May 2024. “Business leaders should carefully consider employee preferences and market opportunities when deciding when or whether to mandate a return to the office.”Fully remote work environments, hybrid or full-time office working patterns have both pros and cons: working permanently from home can make it harder to “switch off” at the end of…
WNBA Betting Picks: Thursday, August 22nd Published Thursday, August 22, 2024 at 12:38 a.m. Wondering how to bet on today's WNBA games? Look no further. Below you'll find computer predictions on how to bet on the spread and total for the day's only matchup. Subscribe to WNBA League Pass on Amazon Prime Video to get access to full season and offseason games, live, on-demand, and more. WNBA Picks of the Day – August 22nd Dallas Wings vs New York Liberty Odds and Predictions Spread Pick: Liberty (-13.5) Total Pick: Under (171.5) Prediction: Liberty 94, Wings 74 Bet on this game…