Category: Tech
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S&P, Nasdaq end lower as Nvidia drags the tech sector for second day By Reuters
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Written by Echo Wang (Reuters) – The indexes and the Nasdaq closed slightly lower on Friday, dragged down by a decline in Nvidia (NASDAQ:) shares for the second day in a row, dragging the technology sector lower. Technology was the biggest loser among the 11 major sectors in the Standard…
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Code First Girls Teaches Tech Skills to Over 200,000 Women for Free
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Code First Girls, the UK’s largest provider of free coding education for women, has announced a major milestone: teaching more than 200,000 women to code. Last year alone, the organization provided more than 80,000 educational opportunities, a stark contrast to the 18,000 women enrolled in computer science degrees across the…
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AI boom makes European universities the new Harvard and Stanford for tech talent
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The New Age dramatic tale of a college student striking gold on a billion-dollar idea shortly after putting on his graduation gown has been a very American dream for most of the 21st century. While Europe lagged behind the technology boom, the founders of Google, Meta, and Microsoft, who were…
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How Google Became a $2 Trillion Giant by Offering Free Services
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Every day, over 8.5 billion searches are conducted on Google, making it an integral part of our daily lives. Despite providing many services for free, Google has achieved a market cap exceeding $2 trillion. This article explores how Google manages to offer free services while maintaining such enormous profitability. The…
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European shares rise as tech, banks rebound By Reuters
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Written by Shashwat Chauhan and Jesús Calero (Reuters) – European shares rose on Monday, with banking and technology shares rebounding from last week’s losses after political uncertainty in France sent markets into a panic, while Danish insurer Topdanmark rose on a takeover bid by Sambo. By 0816 GMT, the euro…
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Blockchain tech is the boxing industry’s game-changer
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. Boxing is the fourth The most popular sport in the United States; However, behind closed doors, it is one of the most divided and inefficient sports…
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Why 5thScape could be the next big wave in tech investments
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. 5thScape, now priced at $6, is targeting the virtual reality and cryptocurrency industries. Crossing $5 million in pre-sales shows strong interest from technology investors in its unique gaming approach.…
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Why 5thScape could be the next big wave in tech investments
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. 5thScape, now priced at $6, is targeting the virtual reality and cryptocurrency industries. Crossing $5 million in pre-sales shows strong interest from technology investors in its unique gaming approach.…
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Tech had all the attention in this quiet earnings week – Earnings Scorecard
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S&P 500 technology companies had a moment this week in a quiet phase of the first-quarter earnings season. Here’s a quick summary of earnings for the week ending June 14. Of the four technology companies that reported, only Oracle (ORCL) missed both earnings per share and revenue. autodesk (ADSC), Broadcom…
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Wall Street mixed as Nvidia retreat hits tech stocks; payrolls data in focus By Reuters
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By Lisa Pauline Mattkal and Johan M. Cherian (Reuters) – Wall Street struggled for direction on Thursday as artificial intelligence favorite Nvidia (NASDAQ:) fell after a tech-led rise in the previous session, and investors awaited a key labor market report before the Federal Reserve meets next week to decide on…
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Futures subdued after tech rally; Nvidia continues to climb
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(Reuters) – S&P 500 and Dow Jones futures were little changed on Thursday as investors awaited new data to gauge the strength of the U.S. labor market, while Nasdaq futures rose as gains by artificial intelligence favorite Nvidia boosted optimism about… Technology sector. A tech rally on Wednesday pushed the…
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Bursts of Free Power Raise Red Flags for Green Tech Investors
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Breadcrumb links PMN works Something strange is happening in Europe’s energy markets: prices continue to fall below zero. Article writer: Bloomberg News Lars Poulsson and Eamon Aqeel Farhat Published on June 02, 2024 • 5 minute read You can save this article by registering for free here. Or log in…
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A Day at a Leading Tech Gathering
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Reflect Cyprus is a leading Mediterranean tech festival, transforming Limassol into a vibrant hub of innovation, investment, and networking. This year’s event, held on May 30-31, brought together a diverse array of trading companies, venture capital funds, tech enthusiasts, startups, investors and more. There were over 1,000 companies represented, investors…
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Is Israel’s tech industry bouncing back?
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Two years ago, in May 2022, trouble began brewing for Israel’s tech industry. The prestigious and flourishing that had been producing a new unicorn almost every week and hundreds of new millionaires every month, began to creak. Six months after stock markets began falling, and two months after the US…
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Kenya on right path to building thriving digital, tech ecosystem
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Last week, I was honored to be part of the government delegation accompanying President William Ruto on his official visit to the United States. This visit comes in celebration of the sixtieth anniversary of the establishment of diplomatic relations between the two countries. A partnership that has been instrumental in…
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BYD unveils new hybrid tech as battle with gasoline rivals heats up By Reuters
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SHANGHAI (Reuters) – China’s BYD on Tuesday launched the latest version of hybrid technology that improves fuel economy and cost, increasing competition with the likes of Toyota (NYSE:) and Volkswagen (ETR:) which still mainly sells gasoline cars. BYD Chairman Wang Quanfu unveiled the fifth-generation hybrid technology that achieves record-low fuel…
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how the EU is making tech magic
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What happens when the secure world of blockchain meets the intelligence of AI? Find out how EU combines these techniques to create something magical. Blockchain and AI are two buzzwords that you may have heard a lot about. But what happens when these technologies combine? The European Union is studying…
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A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says
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Cindy Ord/Getty Images A global labor shortage of about 80 million workers will send technology stocks heading parabolic, according to Fundstrat’s Tom Lee. The technology sector will eventually make up 50% of the S&P 500, Lee said Wednesday. “I believe AI is already addressing the global labor shortage of about…