Tag #Technology

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theglobeandmail.com

🌐 85% Global Worthiness

Jan 29, 16:12

US Tariffs, Market Corrections, and Bank of Canada Rate Cuts

Citigroup forecasts a potential drop in the Canadian dollar if US tariffs take effect, while Goldman Sachs remains optimistic about the equity market despite recent corrections; Macquarie predicts Bank of Canada rate cuts in 2025, and Microsoft investigates potential data theft by a Chinese AI start...

US Tariffs, Market Corrections, and Bank of Canada Rate Cuts

Citigroup forecasts a potential drop in the Canadian dollar if US tariffs take effect, while Goldman Sachs remains optimistic about the equity market despite recent corrections; Macquarie predicts Bank of Canada rate cuts in 2025, and Microsoft investigates potential data theft by a Chinese AI start...

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Decent Work and Economic Growth

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How do differing viewpoints on recession probabilities and market corrections reflect the current economic uncertainty?

The potential impact of US tariffs on the Canadian economy is a key concern, potentially affecting the loonie's value and prompting retaliatory tariffs. Goldman Sachs's positive outlook on the equity market contrasts with concerns about the DeepSeek LLM model, highlighting differing perspectives on economic risks. Macquarie's prediction of Bank of Canada rate cuts reflects anticipated slower economic growth and the potential offsetting effects of currency weakness on inflation.

cnbc.com

🌐 85% Global Worthiness

Jan 29, 13:10

Norway's Sovereign Wealth Fund Posts Record $222.4 Billion Profit

Norway's $1.97 trillion sovereign wealth fund achieved a record $222.4 billion profit in 2024, primarily due to a tech stock rally, exceeding its 2023 record of $197 billion; however, a recent tech sell-off following the release of a Chinese AI model introduced uncertainty.

Norway's Sovereign Wealth Fund Posts Record $222.4 Billion Profit

Norway's $1.97 trillion sovereign wealth fund achieved a record $222.4 billion profit in 2024, primarily due to a tech stock rally, exceeding its 2023 record of $197 billion; however, a recent tech sell-off following the release of a Chinese AI model introduced uncertainty.

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Reduced Inequality

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How did the performance of specific sectors, particularly technology stocks, influence the fund's overall return, and what are the underlying reasons for these sector-specific trends?

The fund's 13% return on investment, although slightly below its benchmark, showcases the significant impact of the tech rally. The fund's holdings in tech giants like Apple, Microsoft, Nvidia, and Amazon contributed substantially to this success, highlighting the fund's strategic investments and the global reach of the tech boom.

welt.de

🌐 85% Global Worthiness

Jan 29, 13:10

EU CO2 Rules Spur Affordable Electric Vehicle Boom

New EU regulations impose CO2 penalties on automakers, prompting a surge in affordable electric vehicle production, benefiting consumers while reshaping the automotive market. Five key 2025 models include the Fiat Grande Panda EV (starting at €24,990), Renault R4 EV, Hyundai Inster EV (from €24,900)...

EU CO2 Rules Spur Affordable Electric Vehicle Boom

New EU regulations impose CO2 penalties on automakers, prompting a surge in affordable electric vehicle production, benefiting consumers while reshaping the automotive market. Five key 2025 models include the Fiat Grande Panda EV (starting at €24,990), Renault R4 EV, Hyundai Inster EV (from €24,900)...

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Climate Action

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What is the immediate impact of the EU's new CO2 emission regulations on the automotive industry and consumers?

Due to new EU regulations, automakers now face significant CO2 penalties, potentially impacting their viability. However, this also drives the production of more affordable electric vehicles (EVs), creating new opportunities for consumers.

dailymail.co.uk

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Jan 29, 07:07

Wall Street Sheds \$1 Trillion Amidst AI-Driven Tech Sell-off

A \$1 trillion loss on Wall Street on Monday, driven by a Chinese AI startup's cheaper chatbot rivaling OpenAI and Google, prompted a stock market expert to warn of more turbulence in 2025, but to also emphasize the importance of market corrections.

Wall Street Sheds \$1 Trillion Amidst AI-Driven Tech Sell-off

A \$1 trillion loss on Wall Street on Monday, driven by a Chinese AI startup's cheaper chatbot rivaling OpenAI and Google, prompted a stock market expert to warn of more turbulence in 2025, but to also emphasize the importance of market corrections.

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How do historical market trends provide context for interpreting the recent tech sell-off?

The recent market volatility highlights the cyclical nature of stock markets, with periodic corrections being a natural part of long-term growth. Over the past 50 years, the S&P 500 has averaged three 5 percent or greater drops annually, with the largest correction averaging 14 percent. This context suggests Monday's events are not anomalous.

it.euronews.com

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Jan 29, 07:07

EU Seeks "Big Bang" Investment in Space to Counter US and China

European Commissioner Kubilius urges a significant increase in EU space funding to counter lagging investment compared to the US and China, emphasizing the need for a more integrated and ambitious approach to maintain Europe's competitiveness in space.

EU Seeks "Big Bang" Investment in Space to Counter US and China

European Commissioner Kubilius urges a significant increase in EU space funding to counter lagging investment compared to the US and China, emphasizing the need for a more integrated and ambitious approach to maintain Europe's competitiveness in space.

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Industry, Innovation, and Infrastructure

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What are the main challenges facing the EU's space program, and what immediate actions are needed to address them?

The European Union's space spending is insufficient and fragmented, hindering its ability to compete with the US and China. Commissioner Kubilius advocates for a "big bang" approach with increased investment to regain leadership in the space industry. This is crucial for maintaining Europe's autonomy and security.

smh.com.au

🌐 85% Global Worthiness

Jan 29, 04:10

Broligarchy": Tech CEOs' Influence at the 2024 Inauguration

The article analyzes the term "broligarchy", tracing its emergence from a 2009 Twitter term to its current use describing the significant influence of tech CEOs, particularly during the 2024 presidential inauguration, highlighting their close ties to the new administration and concerns about power i...

Broligarchy": Tech CEOs' Influence at the 2024 Inauguration

The article analyzes the term "broligarchy", tracing its emergence from a 2009 Twitter term to its current use describing the significant influence of tech CEOs, particularly during the 2024 presidential inauguration, highlighting their close ties to the new administration and concerns about power i...

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How has the evolution of the word "broligarchy" reflected the growing power and influence of a small group of predominantly male tech leaders?

The article traces the evolution of "broligarchy" from its 2009 Twitter origins to its mainstream adoption, showing how the term reflects the increasing power of a small group of wealthy, mostly male, tech leaders. The inauguration served as a symbolic event, showcasing their close ties to the administration and their significant influence on policy. The article connects this phenomenon to broader concerns about power imbalances and limited representation of women in tech and politics.

theglobeandmail.com

🌐 85% Global Worthiness

Jan 29, 16:12

Surge in Wardrobing Costs Retailers US\$890 Billion

Wardrobing, the practice of returning used clothing, costs retailers US\$890 billion annually and is surging; retailers are using technology and stricter return policies to combat this, impacting consumers through higher prices and less convenient return options.

Surge in Wardrobing Costs Retailers US\$890 Billion

Wardrobing, the practice of returning used clothing, costs retailers US\$890 billion annually and is surging; retailers are using technology and stricter return policies to combat this, impacting consumers through higher prices and less convenient return options.

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Responsible Consumption and Production

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What is the impact of the surge in "wardrobing" on the retail industry and consumers?

Wardrobing, the practice of returning worn clothing, has surged, costing retailers US\$890 billion in 2023, or 17 percent of merchandise sales. Retailers are fighting back using software like Two Boxes to track repeat offenders and implementing stricter return policies, such as charging fees or limiting return windows. This impacts consumers through higher prices and less convenient return options.

pda.samara.kp.ru

🌐 85% Global Worthiness

Jan 29, 13:10

Putin Backs Samara as Russia's Drone Production Hub

Russian President Vladimir Putin visited a drone production center in Tolyatti, Samara Oblast on January 28, 2024, inspecting advanced drones and announcing plans to make Samara a global leader in civilian drone technology by 2030, supported by educational initiatives and a focus on full-cycle produ...

Putin Backs Samara as Russia's Drone Production Hub

Russian President Vladimir Putin visited a drone production center in Tolyatti, Samara Oblast on January 28, 2024, inspecting advanced drones and announcing plans to make Samara a global leader in civilian drone technology by 2030, supported by educational initiatives and a focus on full-cycle produ...

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Industry, Innovation, and Infrastructure

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What immediate impact will the development of the Samara UAS center have on Russia's drone production capacity?

On January 28, Russian President Vladimir Putin visited the Samara region's Unmanned Aerial Systems (UAS) center in Tolyatti, showcasing over 50 companies developing drones and related technologies. The governor stated Samara aims to become Russia's largest full-cycle drone producer within the year. Putin viewed new drones, including the certified S-80 model for agriculture and logistics.

faz.net

🌐 85% Global Worthiness

Jan 29, 13:09

AI Transforms Consulting: New Models, Challenges, and the Future of Consultants

Consulting firms increasingly integrate AI, using it for internal efficiency and developing proprietary software solutions, creating "asset-based consulting" with new pricing models and ethical considerations.

AI Transforms Consulting: New Models, Challenges, and the Future of Consultants

Consulting firms increasingly integrate AI, using it for internal efficiency and developing proprietary software solutions, creating "asset-based consulting" with new pricing models and ethical considerations.

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What are the key challenges and evolving pricing models in AI-driven consulting?

This AI integration creates new business models in "asset-based consulting", where firms develop proprietary tools based on project experience. These tools, often marketed as platform or SaaS solutions with tech partners, offer better scalability than traditional consulting projects. This shift involves hiring software developers, data scientists, and data engineers, changing the firms' offerings from consulting services to product sales.

mk.ru

🌐 85% Global Worthiness

Jan 29, 07:07

Putin Reviews Russia's Civilian Drone Advancements in Toliatti

President Vladimir Putin visited a Toliatti, Russia, research center showcasing advancements in civilian drone technology, including cargo delivery, fire suppression, and a Starlink-like navigation system. The center aims to become a leader in the global drone industry, but faces regulatory and fund...

Putin Reviews Russia's Civilian Drone Advancements in Toliatti

President Vladimir Putin visited a Toliatti, Russia, research center showcasing advancements in civilian drone technology, including cargo delivery, fire suppression, and a Starlink-like navigation system. The center aims to become a leader in the global drone industry, but faces regulatory and fund...

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Industry, Innovation, and Infrastructure

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How will regulatory changes and funding affect the development and deployment of civilian drones in Russia?

The Toliatti center's developments, such as the "Zarya-1" navigation system (a Starlink analog), and the "Ktyr" fire-suppression drone system, highlight Russia's push toward technological self-sufficiency and competitiveness in the global drone market. The integration of drone charging stations ("Gnezdo") on power lines showcases innovative solutions for extending flight range.

cnbc.com

🌐 85% Global Worthiness

Jan 29, 04:10

Nextracker Q3 Beat Sends Shares Soaring

Nextracker reported better-than-expected fiscal Q3 2025 results, exceeding revenue and EPS estimates, leading to a 16% stock surge; management raised full-year guidance on the back of a record backlog exceeding $4.5 billion.

Nextracker Q3 Beat Sends Shares Soaring

Nextracker reported better-than-expected fiscal Q3 2025 results, exceeding revenue and EPS estimates, leading to a 16% stock surge; management raised full-year guidance on the back of a record backlog exceeding $4.5 billion.

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Affordable and Clean Energy

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How does Nextracker's record backlog and diversified supply chain contribute to its resilience amidst potential policy changes and tariff uncertainties?

The positive Q3 results reflect increased demand across all key regions, driven by larger projects both domestically and internationally. Nextracker's record backlog, exceeding $4.5 billion, and raised full-year guidance underscore the company's robust growth trajectory, despite uncertainties surrounding US solar policy.

dailymail.co.uk

🌐 85% Global Worthiness

Jan 29, 04:10

House of Lords Rejects Government's AI Copyright Bill

The UK House of Lords voted 145 to 126 to amend the Data (Use and Access) Bill, requiring big tech firms to respect UK copyright law when training AI systems, marking the first parliamentary defeat for the Labour government and prompting concerns from artists and industry bodies.

House of Lords Rejects Government's AI Copyright Bill

The UK House of Lords voted 145 to 126 to amend the Data (Use and Access) Bill, requiring big tech firms to respect UK copyright law when training AI systems, marking the first parliamentary defeat for the Labour government and prompting concerns from artists and industry bodies.

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How did the Creative Rights In AI Coalition influence the outcome of the vote?

The amendments ensure that 'data-gatherer' tools used by tech firms comply with UK copyright law, addressing concerns about the unauthorized use of copyrighted material for AI training. This follows concerns from artists like Elton John and Paul McCartney, and industry bodies such as the Publishers Association and UK Music, regarding the potential for widespread copyright infringement and the lack of compensation for creators.

Showing 3,841 to 3,852 of 8,547 results