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...“It’s natural that there are going to be questions about new technology,” he added....
...Before Thursday’s report the streaming pioneer’s shares had risen 30 per cent this year, significantly outperforming the broader market. The shares fell 7 per cent on Friday....
Once high-flying company gained a $1bn valuation five years ago, but has since struggled to make profits
...China has introduced new guidelines that will mean US microprocessors from Intel and AMD are phased out of government PCs and servers in its most significant step yet in replacing foreign technology with...
...The streaming pioneer ended the year with 12.5 per cent revenue growth — a strong rebound from 2022 when it experienced subscriber losses that shook investor confidence in the streaming business model....
...Bird Global, the e-scooter rental pioneer, has filed for Chapter 11 bankruptcy protection. The start-up was the fastest ever to reach a “unicorn” valuation above $1bn....
...It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology.”...
...Japan is a pioneer in seeking the answers to these pressures, but other countries are bound to follow....
...After initially relying on existing industry technology, BYD is now considered a leader, with a focus on stripping out costs from the production process....
...Apple has largely been left out of the AI fervour that has propelled Microsoft, which is OpenAI’s largest backer and cloud hosting provider as well as a pioneer in deploying AI chatbots across its search...
...The long journey to Ernie Li’s determination to build Baidu into an AI giant emerged at least a decade ago, when he led the group to bid for DNNresearch, the start-up founded by AI pioneer Geoffrey Hinton...
...“William Li is a pioneer. He is effectively China’s Elon . . . if we are looking at branding, looking at bold moves,” said Tu Le, founder of Beijing-based advisory company Sino Auto Insights....
...It culminated last week with the sale of a $5bn loan that backed KKR’s purchase of a stake in a healthcare technology company known as Cotiviti....
...Among Nvidia’s challengers only Google, an AI pioneer having invented transformers less than a decade ago, has understood customer needs enough to carve out a niche in AI world building....
...The electric vehicle pioneer said it delivered 466,000 vehicles between April and June, up 10.4 per cent from the previous quarter and 83.5 per cent from a year before, demonstrating the value of price cuts...
...The Securities and Exchange Commission filed a civil lawsuit against the cryptocurrency pioneer in December 2020, claiming that Ripple sold $1.38bn worth of its XRP token without filing the registrations...
...But industry experts say such technology remains several years away....
...He has vowed a “surgical” and “principles-based” approach to cuts so they do not hinder future growth....
...Technology company Cisco recently sent 17 employees to Rhodes for three months in a collaboration with the local government there....
...Guthart, who joined Illumina’s board in 2017 and is chief executive of Intuitive Surgical, said Illumina’s chief technology officer Alex Aravanis and chief commercial officer Susan Tousi were both “outstanding...
...Apple Pay Later follows in the footsteps of Klarna, Afterpay and Affirm, pioneers of the buy now, pay later model, which have struggled to retain their once-hot momentum as the economy has slowed and interest...
...TA has gone through multiple succession plans since its founding by private equity pioneer Brooke....
...The €9.25 a share offer values the mobile games pioneer at almost 20 per cent below the price at which Rovio went public five and a half years ago, when it debuted with a market valuation of €896mn....
...E-scooter rental pioneer Bird has warned it faces possible bankruptcy within the next 12 months unless it can raise more cash, in a sign of a dramatic change in fortunes for one of the hottest tech sectors...
...It was a microcosm of a larger issue of antiquated technology....
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