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LAS VEGAS, November 30, 2023--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that BYD, the world’s leading manufacturer of new energy vehicles (NEV), including hybrid and battery electric vehicles, has selected AWS as its preferred cloud provider for its connected vehicle platform to help support the automaker’s global business...
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Investors savvy enough to buy Apple bonds in October have enjoyed equity-like returns...
Continue ReadingBritain's antitrust regulator can investigate Apple's mobile browser and cloud gaming services, London's Court of Appeal ruled on Thursday, overturning a lower court decision the watchdog said could undermine its power to launch probes. The Competition and Markets Authority (CMA) opened a full investigation last year into the dominance of Apple and Alphabet Inc's Google in mobile browsers. Apple argued that the CMA had "no power" to launch such an inquiry because it did so too late and that the probe should have been opened last June at the same time the CMA published a report on mobile ecosystems, which found Apple and Google had an "effective duopoly."...
Continue ReadingAmazon (AMZN) introduces chatbot Amazon Q, enhancing generative AI capabilities for Amazon Web Services...
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Microsoft has unveiled plans to invest £2.5bn in Britain as executives seek to draw a line under a feud with regulators over the $69bn (£47bn) takeover of video game maker Activision...
Continue ReadingIn today's video, I discuss recent updates impacting Amazon (NASDAQ: AMZN). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Nov...
Continue ReadingValuations had become incredibly inflated with many of them becoming completely out of touch from the real underlying value of many companies, especially unprofitable ones. When economic conditions took a turn for the worse, stocks couldn't carry those valuations, and the market dropped as a result. Amazon, a bellwether for the retail industry, reported a 13% year-over-year increase in sales for the third quarter as net income more than tripled...
Continue ReadingThe president of tech giant Microsoft said there is no chance of super-intelligent artificial intelligence being created within the next 12 months, and cautioned that the technology could be decades away. OpenAI cofounder Sam Altman earlier this month was removed as CEO by the company’s board of directors, but was swiftly reinstated after a weekend of outcry from employees and shareholders. The internal project named Q* (pronounced Q-Star) could be a breakthrough in the startup's search for what's known as artificial general intelligence (AGI), one source told Reuters...
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Continue ReadingLONDON (Reuters) -The president of tech giant Microsoft said there is no chance of super-intelligent artificial intelligence being created within the next 12 months, and cautioned that the technology could be decades away. OpenAI cofounder Sam Altman earlier this month was removed as CEO by the company’s board of directors, but was swiftly reinstated after a weekend of outcry from employees and shareholders. The internal project named Q* (pronounced Q-Star) could be a breakthrough in the startup's search for what's known as artificial general intelligence (AGI), one source told Reuters...
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