bigtech
Why does the EU fail to produce its own Google, Amazon or Facebook? Is Europe lacking entrepreneurship, technical savvy or simply imagination? Contrary to what many think, the EU does even better than the US at creating high-tech start-ups; however, many European firms whither on the vine due to a lack of finance. Yet a simple solution has been lying in plain sight for decades – we simply need to grasp it. The answer, as with a great many questions, is money. In each of the past five years, the EU has created more high-tech start-ups than the US. Nonetheless, many of them fail to scale up, whi...
Euronews (English)
Under the theme of Future First, MWC Shanghai’s programme and sub themes explored the AI economy, 5G Advanced and beyond, Manufacturing DX and GSMA Open Gateway. From microchips and IoT to the latest AI and 5G products and services, the event saw hundreds of exhibitors showcase the technologies transforming our world. John Hoffman, CEO of GSMA Ltd., said: “MWC Shanghai is a truly future-facing event that gives attendees insights of the connectivity innovations that will transform our world. This year we have seen more international attendees and it’s wonderful to see that global business is ba...
Euronews (English)
Amazon's share price jumped 3.9% to $193.6 (€180.2), reaching a new high on Wednesday. The surge took its market capitalisation to $2.01 trillion (€1.95 trillion), making the US e-commerce giant the fifth largest company in the trillion-dollar club, behind Microsoft, Apple, Nvidia, and Alphabet. Meta Platforms is in sixth place, with a market cap of $1.3 trillion (€1.2 trillion). Riding the AI Wave: Amazon’s growth accelerates in the first quarter Italy delivers €10 million fine to Amazon over 'unfair' commercial practicesThe AI frenzy continued to fuel the rally on Wall Street in June, with i...
Euronews (English)
Mega-cap stocks have continued strong performance in 2024 amid geopolitical tensions. The Euro Stoxx 50 is up 9%, while the top 100 US stocks rose 19%. The elite European GRANOLAS saw a 16.6% average return, but the US's Magnificent Seven doubled that with 38%, driven by Nvidia's AI rally. After a strong showing in 2023, mega-cap stocks worldwide have continued to perform well in 2024, providing a safe haven for investors amid ongoing geopolitical tensions and economic uncertainty. The Euro Stoxx 50 index, which includes the 50 largest European companies, has increased by 9% since the beginnin...
Euronews (English)
La base de données mise en place dans le cadre du règlement sur les services numériques (DSA), dans un objectif de transparence, connaît des débuts timides. En effet, une seule plateforme aurait partagé des avis de suppression de contenu, a déclaré le 24 juin le commissaire européen au marché intérieur, Thierry Breton, répondant à des questions parlementaires. En vertu du DSA, qui s'applique à toutes les plateformes depuis le 17 février de cette année, toutes les plateformes en ligne doivent soumettre des données claires et spécifiques - des motivations - pour justifier leurs décisions de modé...
Euronews (French)
Les actions de Nvidia, coqueluche de l'IA, ont bondi de 3,5 % pour atteindre 135,58 dollars par action mardi, portant sa valorisation boursière à 3,34 milliards de dollars. L'entreprise dépasse ainsi Apple et Microsoft, et devient l'entité la plus valorisée de la planète. Microsoft occupe désormais la deuxième place, avec une valorisation de 3,32 milliards de dollars, suivi d'Apple, avec 3,28 milliards de dollars. Le cours de l'action Nvidia a bondi de 12 % depuis le début de la division des actions par 10 le 10 juin, et de 170 % depuis le début de l'année, alors que les actions de Microsoft o...
Euronews (French)
Die Aktien des KI-Lieblings Nvidia schlossen am Dienstag um 3,5 % auf 135,58 Dollar pro Aktie, wodurch die Marktbewertung des Unternehmens auf 3,34 Billionen Billionen Dollar anstieg und Apple und Microsoft als wertvollste Unternehmen der Welt abgelöst wurden. Microsoft liegt nun mit einer Bewertung von 3,32 Billionen Dollar auf dem zweiten Platz, gefolgt von Apple mit 3,28 Billionen Dollar. Der Kursanstieg wurde durch die Nachricht ausgelöst, dass der Chiphersteller aufgrund von Bewertungsregeln eine zwanzigprozentige Gewichtung im Technology Select Sector SPDR Fund (XLK) im S&P 500 erhalten ...
Euronews (German)
The AI darling Nvidia’s shares jumped 3.5% to $135.58 per share on Tuesday, pushing its market valuation to $3.34 trillion, surpassing Apple and Microsoft to become the world’s most valuable company. Microsoft is now in second place with a valuation of $3.32 trillion, followed by Apple at $3.28 trillion. The price surge was triggered by news that the chipmaker may secure a 20% weighting in the technology select sector SPDR Fund (XLK) in the S&P 500 based on valuation rules. This could potentially lead to more than $10 billion of Nvidia’s shares being acquired by the Exchange Traded Fund (ETF)....
Euronews (English)
The long-awaited Apple AI has finally come to light at the company’s Worldwide Developers Conference (WWDC24). A highlight of the conference was the tech giant's announcement of its partnership with OpenAI, integrating ChatGPT into Siri and various text-generating tools. Apple IntelligenceAt Apple’s WWDC24, the spotlight was on Apple AI, referred to as Apple Intelligence, which facilitates generative AI technology across its iPhone, iPad, and Mac. An AI-powered Siri stands as the most significant upgrade for the iPhone, manifesting as a pulsating light on the side of the screen. The Large Lang...
Euronews (English)
The US stock markets surged on the first-quarter tech earnings, with the Nasdaq surpassing 17,000 for the first time in history on Tuesday. In contrast, the European markets, more heavily influenced by the energy and healthcare sectors, have lost some of their lustre in recent weeks. Nonetheless, the enthusiasm surrounding artificial intelligence (AI) has been driving tech earnings on both sides of the Atlantic. AI has become a powerful force for firms to embrace, spearheaded by the technology sector. AI remains a key focus in tech earnings callsArtificial intelligence (AI) continues to drive ...
Euronews (English)
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