Technology - CybAI news

16 Aug

Gold, Bitcoin, NVIDIA … Veganism? Why There’s Now an ETF for Seemingly Everything

stp2y0 CommentsRAG modelsbitcoin, business, ETF, Generic 1st 'BO' Future, Generic 1st 'GC' Future, Markets, Mutual Funds, new york, NVIDIA CORP, S&P 500 INDEX, stocks, Technology, the-big-take, US Securities and Exchange Commission

The market for ETFs is nearly 13 trillion dollars – and growing. But just what goes into an ETF? And why did they get so popular? Source link lol

16 Aug

Ubisoft Entertainment Cuts 45 People From Its US Staff

stp2y0 CommentsRAG modelscareer, Culture, europe, France, jobs, North Carolina, san francisco, Technology, Tom Clancy, UBISOFT ENTERTAINMENT, Video Games, work-shift

Ubisoft Entertainment SA, maker of video games like Assassin’s Creed, cut 45 jobs this week at its offices in San Francisco and Cary, North Carolina, as the industry continues a period of retrenchment.In a statement, a Ubisoft spokesperson said the “difficult yet necessary decision was made to align these studios’ organizations with their future business and development objectives.” Affected employees will receive severance and career assistance. Source link lol

16 Aug

Maker of StarCraft 2 Successor Hopes Fans Will Be Patient

stp2y0 CommentsRAG modelsAPPLE INC, artificial intelligence, business, Debt, entertainment, EPIC GAMES INC, game-on, Markets, RTS Index, startups, Technology, venture capital, Video Games

The early player count for Stormgate has not been huge on Steam, peaking at around 5,000 concurrent players, but there’s time for a turnaround Source link lol

16 Aug

Jefferies Says It Was Shortchanged on Fee in Rubicon SPAC Deal

stp2y0 CommentsRAG modelsHenry Roberts Kravis, JEFFERIES FINANCIAL GROUP IN, Manhattan, Markets, new york, RUBICON TECHNOLOGIES INC, software, supreme court, Technology, UBER TECHNOLOGIES INC, US Securities and Exchange Commission

Jefferies Financial Group Inc. sued a company acquired in a blank-check merger, claiming it received stock now worth only about $40,000 instead of a promised $7 million underwriting fee.In a suit filed Thursday in New York, Jefferies said Rubicon Technologies Inc. violated an agreement to pay the fee in either cash or freely tradable shares. Instead, Rubicon allegedly paid Jefferies in restricted shares with a current market value much lower than the agreed fee. Source link lol

16 Aug

Medical Device Maker Nova Biomedical Is Exploring a Sale

stp2y0 CommentsRAG modelsAmericas, business, deals, finance, healthcare, Industrials, industries, JOHNSON & JOHNSON, Markets, Private Equity, science, Technology, United States

Nova Biomedical is exploring a potential sale that could value it at more than $2 billion, people with knowledge of the matter said. The privately-held medical device maker is working with advisers to gauge interest from potential buyers, the people said, asking not to be identified discussing confidential information. Source link lol

16 Aug

Texas Instruments Wins $4.6 Billion in Chips Act Grants, Loans

stp2y0 CommentsRAG modelsAsia, construction, INTEL CORP, jobs, policy, science, TAIWAN SEMICONDUCTOR MANUFAC, Technology, Texas, TEXAS INSTRUMENTS INC, Utah

Texas Instruments Inc. is set to receive $1.6 billion in Chips Act grants and $3 billion in loans, the Biden administration announced Friday, marking the latest major award from a program designed to boost American semiconductor manufacturing. The funding will help pay for one factory in Utah and two in Texas — projects that will cost about $18 billion through 2029 — the Commerce Department said in a statement. The effort is expected to generate around 2,000 manufacturing jobs and thousands more in construction. Source link lol

16 Aug

Tech Rally Propels Emerging Stocks To Best Week in Four Months

stp2y0 CommentsRAG modelsALIBABA GROUP HOLDING-SP ADR, Asia, Bonds, Currency, Emerging Markets, SAMSUNG ELECTRONICS CO LTD, South Africa, stocks, TAIWAN SEMICONDUCTOR MANUFAC, Technology, US Dollar Spot

Emerging-market stocks rallied on Friday, driven by tech companies in Asia, following US data which boosted investor optimism that the world’s biggest economy will avoid a recession. The MSCI gauge for developing world stocks climbed as much as 1.6%, extending their weekly gains to 2.8%, on track for the biggest since April. Taiwan Semiconductor Manufacturing Company, Samsung Electronics Co and Alibaba Group Holding are the biggest contributors to the rally. Source link lol

16 Aug

Fortnite Publisher Debuts Mobile Storefront After Years in Court

stp2y0 CommentsRAG modelsALPHABET INC-CL A, android, APPLE INC, apps, EPIC GAMES INC, europe, ios, iphone, regulation, Technology, Tim Sweeney

Epic Games Inc. is launching a new mobile storefront Friday after four years of legal wrangling with Apple Inc. and Alphabet Inc.’s Google over their app-store practices.Chief Executive Officer Tim Sweeney expects Epic Games’ mobile versions of the popular titles Fortnite, Rocket League and Fall Guys to draw in gamers on Android devices worldwide and iOS products in the European Union. By the end of the year, the company wants to attract 100 million new installs on mobile devices, which are responsible for half of the $188 billion games market. Source link lol

16 Aug

Pfizer, BioNTech Covid-Flu Combination Shot Misses on Trial Goal

stp2y0 CommentsRAG modelsAmericas, BIONTECH SE-ADR, healthcare, Industrials, industries, PFIZER INC, science, Technology, United States

A combination Covid-flu vaccination developed by Pfizer Inc. and BioNTech SE missed on one of its goals in a final-stage trial, a disappointment for the companies trying to make further use of the technology that succeeded in the pandemic. The vaccine failed to show it was at least as effective as a standard shot in generating an immune response against the influenza B strain, the companies said in a statementBloomberg Terminal Friday. The shot performed better with influenza A and Covid and were comparable to other vaccinations in the trial. Source link lol

16 Aug

AI Has a Way to Go to Become A Connections Puzzle Champ

stp2y0 CommentsRAG modelsALPHABET INC-CL A, artificial intelligence, business, Central Intelligence Agency, china, cities, Economic Sanctions, fully-charged, META PLATFORMS INC-CLASS A, NEW YORK TIMES CO-A, science, social media, Technology

Are you a New York Times word game enthusiast? The Mini Crossword, Wordle and the infuriating Connections puzzle have drawn many fans, and some of them tested how AI might fare. But first... Source link lol