Q2 2023 Earnings Report for Polestar (PSNY)

Q2 2023 Earnings Report for Polestar (PSNY)

The release of the Polestar 3 SUV has been delayed until early 2024 due to software setbacks. Initially expected to debut later this year, the delay is attributed to Volvo-developed software issues. Image Source: Courtesy of Polestar Swedish electric vehicle manufacturer, Polestar, has reaffirmed its commitment to delivering a minimum of 60,000 EVs in 2023, …

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Qualcomm relies on AI for expanding automotive chip business

Qualcomm relies on AI for expanding automotive chip business

Qualcomm, known for its chips and modems in Android phones, has expanded its reach to the automotive industry. It offers a comprehensive package of hardware chips, sensors, and software called Snapdragon Digital Chassis to automakers like GM, Hyundai, and Volvo. The company is now leveraging the buzz around generative artificial intelligence to persuade automakers to …

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Microsoft plans to separate Teams software in Europe to address EU concerns

Microsoft plans to separate Teams software in Europe to address EU concerns

Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. Dado Ruvic | Reuters Microsoft, the renowned U.S. tech giant, has announced its decision to unbundle its highly popular chat and videoconference service, Teams, from its Microsoft 365 and Office 365 product suites. This strategic move is …

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Klarna, the Buy Now, Pay Later company, achieves 67% reduction in losses and 21% increase in revenue

Klarna, the Buy Now, Pay Later company, achieves 67% reduction in losses and 21% increase in revenue

“Buy-now, pay-later” pioneer Klarna is set on achieving profitability by the summer of 2023. Klarna’s efforts to reduce costs have resulted in a 67% decrease in losses during the first half of 2023. The company’s net operating income for the period reached 9.2 billion Swedish krona ($843.5 million), a 21% YoY increase. However, Klarna still …

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Using Google to Find the Cheapest Dates for Booking Flights

Using Google to Find the Cheapest Dates for Booking Flights

Zoom In Icon Arrows pointing outwards Google now provides you with information on the cheapest time to book a flight. Click to enlarge. Google Google recently updated Google Flights with additional information to help you save money by booking your trip during specific time windows. For instance, suppose you are planning a winter family vacation …

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China Approves Baidu’s Release of Ernie Bot, Similar to ChatGPT, to the Public

China Approves Baidu’s Release of Ernie Bot, Similar to ChatGPT, to the Public

Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background. Future Publishing | Future Publishing | Getty Images Baidu, the Chinese tech giant, has recently made its ChatGPT-like Ernie bot available to the public, signaling a more relaxed policy stance on artificial intelligence. Previously, access to Ernie …

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China’s Ascendance in New Nuclear Power and the Potential for US Catch Up

China’s Ascendance in New Nuclear Power and the Potential for US Catch Up

Cranes loom large at the construction site of the second phase of the Changjiang Nuclear Power Plant in Changjiang Li Autonomous County, Hainan Province, China, a joint venture of state-owned China National Nuclear Corporation (CNNC) and China Huaneng Group. It is clear that China has emerged as the global leader in new nuclear construction. With …

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Q2 2024 Earnings Report Reveals Salesforce (CRM) Performance

Q2 2024 Earnings Report Reveals Salesforce (CRM) Performance

Salesforce CEO Marc Benioff walks with other attendees as they leave a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 12, 2023. Kevin Dietsch | Getty Images News | Getty Images Salesforce shares experienced a 6% surge in extended trading on Wednesday following the announcement of the …

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Preventing Meta’s Utilization of Personal Data for Training Generative AI

Preventing Meta’s Utilization of Personal Data for Training Generative AI

In October 2021, Mark Zuckerberg announced the rebranding of Facebook to Meta as the company advances its goals in the metaverse. This move reflects Meta’s commitment to innovation and technological progress. As part of its efforts to prioritize user privacy and data protection, Facebook (now Meta) has introduced a new feature that allows users to …

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HP’s shares experience an 8% decline after missing revenue targets

HP’s shares experience an 8% decline after missing revenue targets

Enrique Lores, CEO, HP Scott Mlyn | CNBC Shares of HP fell over 8% on Wednesday morning following the release of their fiscal third-quarter earnings, which failed to meet Wall Street’s expectations. HP reported a revenue of $13.2 billion, slightly lower than the projected $13.37 billion by analysts from Refinitiv. Adjusted earnings per share aligned …

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