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...They are also increasingly penetrating markets for industrial automation, medical devices and electric vehicles....
...The friction surrounds Apple’s preference for songs produced using Dolby Atmos, a “spatial audio” technology that surrounds listeners with sound from all directions....
...“It’s natural that there are going to be questions about new technology,” he added....
...No mother should have to choose between a life-saving medical test and her civil rights. AI can do wonderful things. But civil rights can’t exist in a world of hidden calculations....
...“Novavax is now in a stronger position to refocus our efforts on leveraging our technology platform and novel adjuvant,” said John Jacobs, Novavax chief executive....
...However, Reddit said this was “driven by IPO expenses”, as it highlighted its first quarterly profit on an adjusted basis of $10mn....
...But with AI, it could be locking itself into high operating expenses that it will struggle to escape from. Quick links BHP has made a $39bn bid for Anglo American....
...Taiwan Semiconductor Manufacturing Company plans to charge customers more for making their chips outside of Taiwan, as global capacity expansion, power costs and increasingly complex cutting-edge technologies...
...During the pandemic, Amazon’s huge expansion of warehouses, delivery infrastructure and headcount lifted operating expenses sharply just as revenue growth dimmed....
...It’s classic “in a gold rush, buy shovels” stuff, similar to the 1990s arguments that put stratospheric valuations on telco equipment makers like Lucent and Nortel (both RIP)....
...It plans to cut spending on the unit. There are other signs that investment is slowing....
...“OpenAI, Inc has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” Musk’s lawsuit alleged....
...TSMC plans high-volume chip production in its first Arizona plant early next year....
...When free cash flow is limited, they give employees a reason to stick around while also keeping companies’ cash expenses down....
...and infrastructure required to support his plans....
...“Drexit” — the doctors’ brain drain — is still at relatively low levels but that is likely to change, with a big recent leap in the numbers making firm plans to go....
...Shares in Philips, which has transformed itself from a consumer electronics conglomerate to a medical technology business over the past decade, rose as much as 37 per cent to €27.05 in early trading....
...In a call with investors, Hugh Johnston, Disney’s chief financial officer, said higher expenses from the launch of two cruise ships would limit growth in the current quarter....
...Note that free cash flow does not take into account stock-based compensation expense. At Uber, this is high at $1.9bn last year....
...Rent the Runway, the online clothing rental pioneer, plans to lean on AI to boost its sales....
...However, the legal sector is playing catch-up with other sectors, such as finance and healthcare (electronic medical records), that have their own data standards and taxonomies, notes Riehl....
...In one sign that Amazon is expanding beyond the retail space, however, health plan provider Blue Shield of California announced in August that Amazon Pharmacy would start dispensing some prescription medications...
...Management will discuss strategy and capital allocation plans, and we’ll be listening closely. Unhedged has been mostly sceptical about Uber....
...The plan promises discoveries in computing, neuroscience and other areas of medical research....
...“We need our technology providers to provide us with better secured technologies,” says Riggi....
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