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Business News

Location American Business News for 8 July 2024
Learn why Intuit is such a good example of how to really put generative AI to work at this year's VB Transform.
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Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We ar...
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Paramount moves closer to finalizing merger with Skydance: reports The end of Paramount Global's long and windy road to a sale appeared at hand Sunday, with multiple reports that a special committee had approved Skydance Media's buyout bid.
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Key innovations in Meta's MobileLLM include prioritizing model depth over width, implementing embedding sharing and grouped-query attention and utilizing a novel immediate block-wise weight-sharing technique.
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LockBit claiming to have breached the U.S. Treasury and, instead, exfiltrated customer data from a bank is a common deception strategy.
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Don't miss your chance to meet some of our top reporters and editors at this year's VB Transform in San Francisco. Register now!
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Office vacancies in San Francisco hit another record in the second quarter, and rent prices fell to their lowest since 2015, according to Cushman & Wakefield.
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Gamescom Latam (combined with the BIG Festival) grew to more than 100,000 visitors for its gaming expo in São Paulo, Brazil.
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Hoyoverse's latest RPG, Zenless Zone Zero, reached 50M global downloads but failed to generate the same revenue at launch as its predecessors.
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Groq now allows you to make lightning fast queries and perform other tasks with leading large language models (LLMs) directly on its web site. On the tests I did, Groq replied at around 1256.54 tokens per second, a speed...
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Sun Valley 2024: Paramount, AI, the NBA and Disney -- and why Warren Buffett won't be at 'summer camp for billionaires' The invite-only events on the lodge's sprawling grounds are a closely-guarded secret to the public, but the annual conference has traditionally served as a hotbed for dealmaking among moguls like Meta's Mark Zuckerberg a...
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Summer Games Done Quick (SGDQ) 2024 raised $2.5M for Doctors Without Borders despite declining viewership since 2017.
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Perplexity offers an "answer" engine that makes search so simple, while publishers say it's just stealing content. What's the real story?
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Last week, researchers at MIT and UCSD unveiled a new immersive remote control experience for robots. This innovative system, dubbed “Open-TeleVision,” enables operators to actively perceive the robot’s surrounding...
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Why Nvidia's stock can scale the 'wall of worry,' according to UBS Nvidia's stock is staging a sharp rally on an upbeat day for the chip sector.
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Delivery Hero's stock drops after warning of possible hefty EU antitrust fine The German company said the penalty "for alleged anti-competitive" violations could could ultimately exceed €400 million ($433 million),
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Bidenflation? Trumpflation? No. The real problem is Covidflation. The most important issue on voters' minds is inflation, and the inflation blame game has heated up with the upcoming presidential election. Putting politics aside, an objective economist would blame neither candidate, si...
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Game job aggregator Amir Satvat estimated 4,463 additional people will be laid off in 2024, but he noted the rate of layoffs is slowing.
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JPMorgan downgraded on valuation, while Bank of America shines as top pick: analyst Wolfe Research cuts JPMorgan to peer perform and highlights Bank of America as an outperforming stock.
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I was scammed out of nearly $300,000 and was forced to abandon my retirement dreams A 70-year-old man lost almost $300,000 — all of his savings — to a scam. He feels older people are more vulnerable to online scams than ever before.
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In France, Investors Get the Centrist Limbo They Wanted

Wall Street Journal - 8 Jul 2024 14:31
Polarization has for years left the country's politics stuck in an unpopular middle ground, and the latest elections won't change that. But it does serve to lower the key risks that financial markets were worried about.
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Applied Materials has revealed chip wiring innovations that will address challenges for energy-efficient computing.
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