- Sat. Sep 30th, 2023
Palantir wins a $250 million deal.
The US Department of Defense awarded Palantir Technologies Inc. a $250 million contract to conduct research and develop machine learning and artificial intelligence technologies. The company’s new three-year contract highlights…
Elon Musk won a contract with the US Space Force.
Elon Musk’s SpaceX has expanded its role as a defense contractor after receiving its first contract from the US Space Force to offer specialized satellite communications for the military as…
Economies expected to benefit most from AI
According to a Capital Economics report, artificial intelligence will have a greater impact on economic growth in the US and other advanced economies than it will in China and emerging…
The tech stocks that sparked the market rally are now down 10%.
Technology companies were the main driver of the market rise in the first half of 2023 as investors staked their money on the tenacious American consumer and the hype surrounding…
The IEA says achieving net zero by 2050 is still possible.
According to a recent assessment from the International Energy Agency, achieving net zero by 2050 is still feasible but will require raising green energy investment to $4.5 trillion annually globally…
T-Mobile is fighting Dish Network in court
Dish Network’s $3.5 billion airwave acquisition from T-Mobile US Inc. expires in August and the firm claims that if a deal cannot be reached, it intends to put the airwaves…
China hosts the biggest eSports moment with Tencent at the wheel.
Before now, China’s crackdown on tech and gaming caused Tencent Holdings Ltd. to lose about $600 billion in market value. The nation is now relying on its largest corporation and…
Elon Musk is in no hurry to build new factories.
When Elon Musk meets with high-ranking politicians, such as South Korean President Yoon Suk-yeol in April, French President Emmanuel Macron in May, and Indian Prime Minister Narendra Modi in June,…
Taiwanese Apple suppliers resumed a decline.
The biggest Taiwanese suppliers to Apple Inc. saw their sales drop by double digits in August as the whole electronics sector collapsed due to sluggish consumer demand. According to Bloomberg,…
The UK will expand the definition of climate aid to meet the target.
To fulfill its foreign expenditure commitments without raising cash, the UK intends to broaden the definition of what constitutes climate aid. The choice supports Prime Minister Rishi Sunak’s political gambit…