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Today β€” 16 May 2024U.S. Finance & Business

'Big Short' Investor Michael Burry Bets Heavy On Gold, Renewable Energy Stocks, Exits Amazon, Alphabet

16 May 2024 at 18:14
Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, has once again made headlines with his latest 13F filing for his hedge fund Scion Asset Management LLC. The first quarter of 2024 reveals a strategic recalibration towards physical commodities and renewable energy, while Burry shifted away from some tech giants. The total market value of Scion's 13F securities increased from $94.6 million to $103.49 million. The fund’s activity included five new purchases, ad

Here's what 10 analysts have to say about Netflix ad tier

16 May 2024 at 13:55
Netflix (NASDAQ:NFLX) announced Wednesday that it will team up with The Trade Desk (NASDAQ:TTD), Google (NASDAQ:GOOGL) Display&Video 360, and ad-tech firm Magnite to accelerate automated ad buying. The company also made several other announcements as part of its Upfront 2024 press release.

Bill Gates Sells Microsoft, Berkshire Hathaway Shares In Q1: Are These Still Top Positions?

16 May 2024 at 19:20
Billionaire Bill Gates is best known as the co-founder and former CEO of Microsoft Corp. (NASDAQ:MSFT). He is also known for his philanthropic efforts with the Bill and Melinda Gates Foundation Trust. Those two items collided in the first quarter with the sale of Microsoft stock. Here's what to know. What Happened: Gates stepped down as the CEO of Microsoft in 2000 and later left the board of directors in 2020. The co-founder of the software giant remains a large shareholder in the company throu

Microsoft's AI Ambition And Data Center Growth Side Effects: Emissions

16 May 2024 at 16:57
Microsoft Corp (NASDAQ:MSFT) has seen its emissions increase by nearly a third since 2020, primarily driven by the expansion of data centers required for AI and cloud computing, as reported in its annual sustainability report on Wednesday, Financial Times notes. The company attributes these challenges to its unique position as a leading cloud supplier aggressively expanding its data centers to keep pace with competitors like Amazon.Com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOO

Google I/O was an AI evolution, not a revolution

16 May 2024 at 19:26
At Google’s I/O developer conference, the company made its case to developers -- and to some extent, consumers -- why its bets on AI are ahead of rivals. At the event, the company unveiled a revamped AI-powered search engine, an AI model with an expanded context window of 2 million tokens, AI helpers across its suite of Workspace apps, like Gmail, Drive and Docs, tools to integrate its AI into developers’ apps and even a future vision for AI, codenamed Project Astra, which can respond to sight,

Google expands hands-free and eyes-free interfaces on Android

16 May 2024 at 16:03
As part of 2024's Accessibility Awareness Day, Google is showing off some updates to Android that should be useful to folks with mobility or vision impairments. Project Gameface allows gamers to use their faces to move the cursor and perform common click-like actions on desktop, and now it's coming to Android. The project lets people with limited mobility use facial movements, like raising an eyebrow, moving their mouth, or turning their head, to activate a variety of functions. There's basic st

Google I/O was an AI evolution, not a revolution

16 May 2024 at 19:26
At Google’s I/O developer conference, the company made its case to developers -- and to some extent, consumers -- why its bets on AI are ahead of rivals. At the event, the company unveiled a revamped AI-powered search engine, an AI model with an expanded context window of 2 million tokens, AI helpers across its suite of Workspace apps, like Gmail, Drive and Docs, tools to integrate its AI into developers’ apps and even a future vision for AI, codenamed Project Astra, which can respond to sight,

Microsoft's AI Ambition And Data Center Growth Side Effects: Emissions

16 May 2024 at 16:57
Microsoft Corp (NASDAQ:MSFT) has seen its emissions increase by nearly a third since 2020, primarily driven by the expansion of data centers required for AI and cloud computing, as reported in its annual sustainability report on Wednesday, Financial Times notes. The company attributes these challenges to its unique position as a leading cloud supplier aggressively expanding its data centers to keep pace with competitors like Amazon.Com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOO
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