UBS says Big 6 Tech giants’ profit bubble will “collapse” over 2024.
The so-called Big Six technology stocks’ profit growth momentum may “collapse” during the upcoming quarters, according to strategists at UBS Global Research, who downgraded the
Google invested over $1 billion in Africa in the last 5 years.
Google announced on Wednesday that it had surpassed a five-year goal of investing $1 billion in Africa, as it made public projects on infrastructure and
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
UK set to deport migrants to Rwanda in violation of EU’s human rights charter from July. – Sunak.
The first flight taking asylum seekers to Rwanda is scheduled to depart in ten to twelve weeks, according to British Prime Minister Rishi Sunak, who
World Bank wins $11b donations from 11 countries to fight climate change and global crises.
In an effort to address pandemics, climate change, and other global issues, the World Bank announced on Friday that 11 nations had committed to contributing
Dutch government to stop using Facebook, unless data security is assured.
As long as it’s unclear what happens to the personal information of people who use official Facebook pages, the Dutch privacy watchdog AP said on
Beijing orders the removal of WhatsApp and Threads from Apple’s China app store.
Following an order from the Chinese government, which cited national security concerns, Apple stated on Friday that it had withdrawn Meta Platforms’ WhatsApp and Threads
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AI/Machine Learning could amplify future banking crises. – Chair Basel Committee.
As part of their daily governance, banks need to consider the risks associated with using artificial intelligence (AI) and machine learning (ML), according to a
Microsoft invests $1.5b in G42, a United Arab Emirates AI firm managed by the national security adviser.
Microsoft is putting $1.5 billion into a technology company run by the influential national security adviser of the United Arab Emirates. The company is headquartered
117 GW of new wind power installed globally in 2023, making it the highest on record.
An industry trade body recently released a report stating that 2023 was the best year ever for new wind projects, with 117 gigawatts of new
Saudi FM in Pakistan to actualize $5b investment in alleviating the economic crisis.
The foreign minister of Saudi Arabia led a high-level delegation to Pakistan on Monday for a two-day visit. Pakistan is looking for assistance in resolving
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