Technology
April 11, 2024
137 views 5 mins 0

Alphabet Heads Toward $2 Trillion With Investors Cheering AI Progress

(Bloomberg) — Investors are becoming more optimistic about Alphabet Inc.’s artificial intelligence strategy, after a run of glitches and misfires that sent its shares tumbling. Most Read from Bloomberg The stock is heading back toward what would be a record $2 trillion market value — a milestone surpassed only by Microsoft Corp., Apple Inc. and […]

Technology
April 11, 2024
127 views 6 mins 0

Simbian brings AI to existing security tools

Ambuj Kumar is nothing if not ambitious. An electrical engineer by training, Kumar led hardware design for eight years at Nvidia, helping to develop tech including a widely used high-speed memory controller for GPUs. After leaving Nvidia in 2010, Kumar pivoted to cybersecurity, eventually co-founding Fortanix, a cloud data security platform. It was while heading […]

Technology
April 11, 2024
134 views 4 mins 0

DuckDuckGo unveils a $10 Privacy Pro plan with a no-log VPN

Many web browser companies offer VPNs these days, including Google, Mozilla and Opera. DuckDuckGo is the latest to join the fray, with a Privacy Pro plan that includes three services. Along with a VPN, you’ll get personal information removal and identity theft restoration services for $10 per month or $100 per year. The subscription is […]

Technology
April 11, 2024
151 views 3 mins 0

Chip Materials Maker Soitec May Follow Client TSMC to the US

(Bloomberg) — French chip materials company Soitec is considering building a factory in the US, as customers including Taiwan Semiconductor Manufacturing Co. win government incentives for significant expansions from Arizona to Texas. Most Read from Bloomberg Soitec is considering a US plant alongside existing facilities in Singapore, Belgium and France, Chief Executive Officer Pierre Barnabé […]

Technology
April 11, 2024
118 views 6 mins 0

US bets on climate friendly farming; experts doubt it is climate friendly enough

By Leah Douglas WASHINGTON (Reuters) – President Joe Biden’s administration is offering farmers money for adopting practices that store carbon in the soil to fight climate change, but Reuters interviews with soil science experts and a review of U.S. Department of Agriculture research indicate doubt that the approach will be effective. Farm practices like planting […]

Technology
April 11, 2024
95 views 7 mins 0

Morning Bid: Markets reel on Fed cut doubts, ECB up next

A look at the day ahead in U.S. and global markets from Mike Dolan It may seem like an over-reaction to an inflation miss of less than a tenth of a percentage point, but the heated March consumer price update has jolted markets into doubting any U.S. interest rate cut before the November election. After […]

Technology
April 11, 2024
97 views 12 mins 0

The Airline Industry’s Biggest Climate Challenge: A Lack of Clean Fuel

(Bloomberg) — In a glimmer of progress for the daunting task of reducing air travel’s climate impact, a newly built plant in rural Georgia is expected to begin pumping out the world’s first commercial quantities of a new type of cleaner jet fuel this month. Most Read from Bloomberg The $200 million plant from LanzaJet […]

Technology
April 11, 2024
142 views 2 mins 0

Apple Urged to Speak Out on Vietnam’s Jailed Climate Activists

(Bloomberg) — Apple Inc. has been urged by more than 60 human rights and environmental organizations to publicly oppose the detention of climate activists in Vietnam, an increasingly important nation in its supply chain. Most Read from Bloomberg “You have a responsibility to weigh in on the systematic persecution and imprisonment of climate leaders in […]

Technology
April 11, 2024
130 views 7 mins 0

Analysis-Unraveling US rate cut bets spur investor portfolio shifts

By Carolina Mandl, Davide Barbuscia and Lewis Krauskopf (Reuters) – Fears of rebounding inflation are forcing investors to prepare for a scenario few expected to confront in 2024: a year without U.S. interest rate cuts. Expectations for how much policy easing the Federal Reserve can deliver are falling rapidly as one strong economic report after […]

Technology
April 11, 2024
66 views 7 mins 0

Unraveling US rate-cut bets spur investors to readjust their portfolios

(Reuters) – Fears of rebounding inflation are forcing investors to prepare for a scenario few expected to confront in 2024: a year without U.S. interest rate cuts. Expectations for how much policy easing the Federal Reserve can deliver are falling rapidly as one strong economic report after another suggests inflation could come creeping back if […]

Technology
April 11, 2024
135 views 2 mins 0

US Blacklists Four More Chinese Firms for Helping Boost Military

(Bloomberg) — The US has added four Chinese companies to an export blacklist for buying US-origin goods to support China’s military modernization efforts, the Department of Commerce said in statement published Thursday. Most Read from Bloomberg There is a “presumption of denial” for applications to export to the four companies, according to the statement, meaning […]