metaverse: a lot of “metaverse” is made. Here’s sifting through the noise to understand the inflection of technology

Since Facebook changed its company name to Meta, perhaps to turn a social media company into a future tech company, the metaverse has become a buzzword. Notable players in the metaverse include chip makers AMD and Nvidia, 3D software maker Unity Technologies, content delivery operator Cloudflare, data center company Marvell Technology and platform, social media … Read more

Venture capital: How far will Big Chill hit New Zealand?

Investors financing startups are turning heads in the US and Australia, devaluing existing holdings amid rising interest rates, recession fears and a plunge in tech stocks in public markets. Industry players say New Zealand may not be hit hard, though, given that investors here have been more conservative and bought at cheaper levels. In addition, … Read more

Twitter rejects Musk’s claims that he was deceived

Elon Musk’s Twitter profile is seen on a smartphone placed on the Twitter logos printed in this illustration taken on April 28, 2022. REUTERS/Dado Ruvic/Illustration // File Photo Register now to get free unlimited access to Reuters.com Register New York (Reuters) – Twitter Inc (TWTR.N) On Thursday, he dismissed Elon Musk’s allegations in a Delaware … Read more

Twitter inquires banks about Musk’s attempts to undermine a $44 billion deal

Elon Musk’s Twitter profile is seen on a smartphone placed on the Twitter logos printed in this illustration taken on April 28, 2022. REUTERS/Dado Ruvic/Illustration Register now to get free unlimited access to Reuters.com Register WILmington, Dell, Aug. 2 (Reuters) – Twitter Inc. (TWTR.N) Legal experts said Elon Musk is trying to find evidence that … Read more

Antitrust watchers go big on drama, light on plot

Penguin’s books are seen in a second-hand bookshop in central London on October 29, 2012. Britain’s Pearson has agreed to merge its Penguin book division with Bertelsmann’s Random House to create the world’s leading consumer publishing house, in apparent disdain for Rupert Murdoch’s News Corp. REUTERS / Stefan Wermot Register now to get free unlimited … Read more

Elon Musk attacks Wikipedia after it suspended edits to ‘slack’ page

Elon Musk criticized Wikipedia on Friday for its “loss of objectivity” after the online encyclopedia banned users from editing its “slack” page. This sparked accusations that it was interfering with the Biden administration. Musk, the CEO of Tesla and the world’s richest person with an estimated net worth of $263 billion, tagged Wikipedia co-founder Jimmy … Read more

Stocks rise as markets bet on more gradual price increases

Pedestrians wearing protective face masks walk past an electronic board showing Japan’s Nikkei average share, amid the coronavirus (COVID-19) pandemic, in Tokyo, Japan, July 14, 2022. REUTERS/Issa Kato Register now to get free unlimited access to Reuters.com Register SINGAPORE (Reuters) – Asian stocks followed suit on Friday from a late rally on Wall Street, as … Read more

Billionaire Jack Ma plans to give up control of a Chinese ant group – The Wall Street Journal

Jack Ma, co-founder and CEO of Alibaba Group, attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China, September 17, 2018. Photo taken September 17, 2018. Reuters/Ali Song/File Photo/File Photo Register now to get free unlimited access to Reuters.com Register HONG KONG/BEIJING (Reuters) – Chinese billionaire Jack Ma plans to relinquish control of Ant Group … Read more

Samsung warns of weak demand for chips for phones and computers as people shop less

Samsung Electronics’ logo appears in its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong Ji Register now to get free unlimited access to Reuters.com Register Server customers may have to adjust inventory in the event of a recession – Samsung official H2 foldable phone sales aim to surpass the previous flagship Strong … Read more

Microsoft is allaying market concerns by anticipating strong revenue growth

The Microsoft logo appears in Los Angeles, California, US, November 7, 2017. REUTERS/Lucy Nicholson Register now to get free unlimited access to Reuters.com Register July 26 (Reuters) – Microsoft Corporation (MSFT.O) On Tuesday, it forecast revenue this fiscal year to grow by double digits, driven by demand for cloud computing services and sending stocks up … Read more