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Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks. The so-called Government Pension…
Apple’s soaring stock price over the past two decades has been driven by its iconic consumer devices. It started with the iPod and iMac. Then came the iPhone and iPad.…
Behind the scenes of every chipmaker, there’s a set of instructions that dictates how their products will function. Over the last three decades, Arm has become the dominant company making…
Self-driving cars have flooded San Francisco streets, and many of them have no safety drivers behind the wheel. In August, two of the leading autonomous vehicle companies, General Motors-owned Cruise…
As a vice president at Google Asia Pacific, Sapna Chadha is most excited about the region’s “growth story.” “Within Southeast Asia, in the last few years alone, we’ve added 100…
Qualcomm’s tech is inside nearly all our smartphones. It pioneered the ability to connect wirelessly in the ’80s, all the way to the 5G modems of today — making licensing…
In an unmarked office building in Austin, Texas, two small rooms contain a handful of Amazon employees designing two types of microchips for training and accelerating generative AI. These custom…
Tech companies shed more than 386,000 jobs last year and in the first half of this year, according to Layoffs.fyi. That number is climbing. But while layoffs have taxed workers,…
Nearly a decade after announcing grand plans for 30-minute drone delivery of items up to 5 pounds, Amazon told CNBC it’s now completed just 100 deliveries in two small U.S.…
A U.S.-based ETF is mimicking an investment trend in Europe that’s designed to boost profits while helping the climate. Source link: https://www.cnbc.com/2023/04/22/new-etf-makes-big-bet-on-cleaning-up-the-environment.html