Skyscrapers in the Canary Wharf financial, business, and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images LONDON — London’s office market is currently facing a “rental recession,” according to financial services company Jeffries. They reported that the vacancies in the capital’s business hub have reached a 30-year high. Jeffries analysts estimated that …
Indonesia’s Ministry of Trade announced on Tuesday its plans to further regulate e-commerce, specifically mentioning that the country does not permit transactions on social media platforms. In an official release, the ministry stated, “One of the things that is regulated is that the government only allows social media to be used to facilitate promotions, not …
Herman Narula, co-founder and CEO at Improbable, delivers an inspiring speech at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Improbable, a virtual reality startup, has announced an impressive 85% reduction in losses in 2022, a year that saw the company shift its focus to powering innovative “metaverse” …
Microsoft made several exciting announcements during its recent event in New York, including the unveiling of new Surface computers and the details on the release of Windows 11. The company introduced the Surface Laptop Studio 2 and the Surface Laptop Go 3, along with enterprise availability for Microsoft 365 Copilot, an AI tool for productivity …
Craig Newmark, the founder of Craigslist, made his fortune off a website that was founded in 1995 and hasn’t been updated in years. Despite its outdated appearance, Craigslist still offers apartment listings, a jobs board, and items for sale. However, other companies like Airbnb, LinkedIn, and Facebook Marketplace have surpassed Craigslist in value. Although Newmark’s …
Tech industry titans, including Elon Musk and Palantir co-founder and CEO Alex Karp, gathered at the U.S. Capitol for a bipartisan Artificial Intelligence (AI) Insight Forum hosted by Senate Majority Leader Chuck Schumer. The purpose of the meeting was to discuss AI regulation and establish guidelines for the powerful technology. Musk described the meeting as …
Visitors at the Tesla booth at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Costfoto | Nurphoto | Getty Images Discover the latest trending companies in midday trading. Tesla — The stock of the electric vehicle manufacturer surged more than 10% following an upgrade from Morgan Stanley. Analyst Adam Jones predicts a significant …
Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Discover the companies attracting attention in premarket trading on Monday. Tenable Holdings — The provider of exposure management solutions experienced a 3% increase before the market opened after JPMorgan upgraded its rating from neutral to overweight. The bank stated that the company’s future business fundamentals are expected …
Meta CEO Mark Zuckerberg recently demonstrated the capabilities of the Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California. However, VR technology isn’t just for gaming and entertainment—it’s also making waves in the healthcare industry. Dr. Jake Shine, a third-year orthopedics resident at Kettering …
David Baszucki, founder and CEO of Roblox, presents at the Roblox Developer Conference on August 10, 2019 in Burlingame, California. Ian Tuttle | Getty Images Roblox, the popular kids gaming platform, is aiming to boost its revenue by expanding the options for users to create and sell digital goods. And now, with the latest update, …