Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. CNN — When a company goes public it’s kind of like their bar mitzvah. They’ve reached adulthood and are ready to take responsibility for their actions. But a lot of companies … Read more
The survey, titled “Information technology in enterprises,” finds also that the use of data analytics is also growing. Tiina Pärson, leading analyst at Statistics Estonia, said: “The most frequently used AI technologies are text mining, machine learning (deep learning), and image recognition.” The use of ChatGPT, the AI-powered chatbot which gained in popularity in the … Read more
Paris CNN — Apple plans to update iPhone12 software for users in France after the country’s regulators ordered a pause on sales of the 2020 model over radiation concerns. “We will issue a software update for users in France to accommodate the protocol used by French regulators. We look forward to iPhone 12 continuing to … Read more
New York CNN — Google has reached a $93 million settlement with the state of California to resolve allegations that it was collecting consumers’ data without their consent, the state’s attorney general said in a statement Thursday. The California Department of Justice found that, after a multi-year investigation, the tech giant was “deceiving users by … Read more
Washington, DC, 13 September 2023 – The Forest Investor Club (FIC), led by the World Business Council for Sustainable Development (WBCSD), released its inaugural Annual Report, which shows significant deployments of natural capital investments by FIC members that are poised to grow in coming years as further collaborative efforts come to fruition. The FIC Annual … Read more
CNN — United Airlines delayed more than 300 flights after the FAA lifted a brief ground stop that continued to disrupt the carrier’s service nationwide. On Tuesday afternoon, United Airlines delayed all flights nationwide due to an “equipment outage,” according to an alert from the Federal Aviation Administration. In an update about an hour later, … Read more
Reuters — Chinese automaker BYD said on Monday its electronics unit has struck a deal with US-based manufacturer Jabil Inc to buy its mobility business in China for 15.8 billion yuan ($2.2 billion). The deal will expand BYD Electronic’s customer base, product portfolio and its smartphone components business as it looks to capture Jabil’s potential … Read more
CNN — Fire crews have contained a large fire at a refinery storage tank in Garyville, Louisiana, about 40 miles west of New Orleans, authorities said. A mandatory evacuation order put in place Friday morning within a two-mile radius around the facility was lifted in the afternoon by St. John the Baptist Parish President Jaclyn … Read more
Besides diluted promoter involvement, lack of ‘real’ profit and management solidity has deterred him from investing in new age companies, says Bharat Shah Lack of promoter ‘skin in the game’ in new age companies does not inspire confidence to invest in new age companies, said veteran investor and executive director of ASK Investment Managers, Bharat … Read more
One of the most storied legacies in American stock trading history might be coming to an end. United States Steel ‘s days as an independent publicly traded company could be numbered. Its story holds some fascinating history as well as some important lessons for investors. Sunday, U.S. Steel (ticker: X) announced it was looking at … Read more