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Amazon, Alphabet's Google and Microsoft may find it easier to bid for EU cloud computing contracts after draft cybersecurity labelling rules scrapped a requirement that vendors should be independent from non-EU laws, according to the document seen by Reuters. The European Union has struggled to agree to a cybersecurity certification scheme (EUCS) to vouch for the cybersecurity of cloud services and help governments and companies in the bloc to select a secure and trusted vendor for their business. The move comes as Big Tech looks to the lucrative government cloud market to spur growth...
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OnePlus has always marched to the beat of its own drummer -- for better and worse. Take, for example, the company’s latest foray into mobile artificial intelligence, the AI Eraser. Before you ask, no, this is not simply a rebadged version of Google’s longstanding and very good Magic Eraser. Nope, OnePlus went ahead and built its own version in a bid to show the world that it has AI ambitions of its own. It's likely the Oppo-owned company has been working on AI Eraser for some time now -- though...
Continue ReadingWe're only one quarter into 2024, but it's been a busy one for the tech industry...
Continue ReadingOn Tuesday, the mighty EV king, Tesla Inc (NASDAQ: TSLA) posted its first annual drop in sales since the first year of the pandemic. Simply put, rising EV competition from both Chinese, U.S. and European automakers ate into demand. General Motors (NYSE: GM) posted a drop in deliveries as well as in EVs for the first quarter of 2024. On the other hand, Ford Motor (NYSE: F) reported a strong start of the year. Darker days could be ahead for Tesla. Tesla reported it built 433,000 vehicles but deliv...
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A quantum computing startup and Microsoft on Wednesday claimed that they have achieved a major milestone in the emerging technology...
Continue ReadingThe two investors have very different takes on the future of the EV market...
Continue ReadingReturns of the Virtus InfraCap U.S. Preferred Stock ETF may shift after nice returns. Click for why we are cautious as everything looks rosy for PFFA ETF...
Continue ReadingEU regulators have noted Microsoft's hiring of most of artificial intelligence startup Inflection's staff including its co-founders and may act if other companies act similarly, making it a trend, EU antitrust chief Margrethe Vestager said on Wednesday. Microsoft last month hired co-founders Mustafa Suleyman and Karen Simonyan and most of Inflection's 70-strong team for a newly created unit called Microsoft AI, as the U.S. software giant consolidates and expands its AI offerings for consumer products...
Continue ReadingTeslaâs dip in deliveries is likely temporary and does not change its long term delivery trajectory. Check out why now is the time to buy TSLA stock aggressively...
Continue ReadingInstead, it resembles another Toyota Motor For investors, that’s a nightmare. There’s nothing wrong with Toyota. Toyota stock trades for just 10 times estimated 2025 earnings, while Tesla stock trades for 43 times...
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