After announcing its latest data center region in Austria earlier this month and an expansion of its footprint in Brazil, Microsoft today unveiled its plans to open a new region in […]
Hebbia wants to make Ctrl-F (or Command-F) actually useful through better AI
Deep learning has made tremendous strides in recent years, with new systems and models like GPT-3 offering higher quality interpretations of human language, empowering developers to use these concepts in […]
Dow drops 800 points on mounting concerns over the coronavirus and the global economic recovery
U.S. stocks fell sharply on Wednesday amid concerns over the latest increase in coronavirus infections and its potential impact on the global economy. The Dow Jones Industrial Average dropped 815 […]
Covid cases, hospitalizations continue to surge as U.S. reaches ‘critical point’ in pandemic
The United States is reporting another record-high average number of new cases of the coronavirus as a top health official warned Wednesday that the country is at a “critical point.” […]
Wall Street spent over $74 million to back Joe Biden’s run for president, topping Trump’s haul
Democratic U.S. presidential nominee and former Vice President Joe Biden speaks during a campaign stop in Atlanta, Georgia, October 27, 2020. Brian Snyder | Reuters People in the securities and […]
This is Goldman’s bet to break into a $32 billion industry serving the world’s biggest corporations
Hari Moorthy, Goldman Sachs global head of transaction banking. Source: Goldman Sachs Goldman Sachs wants to help any company in the world become a bank. The firm has just released […]
Lower air quality in some Chinese cities points to iPhone 12 production surge, Morgan Stanley says
ChinaFotoPress – Getty Images Morgan Stanley analysts on Wednesday said they are tracking air quality reports in Chinese cities that suggests an increase in industrial activity tied to iPhone 12 […]
California Tax Revolt Faces a Retreat, 40 Years Later
OAKLAND, Calif. — In 1978, a Los Angeles businessman named Howard Jarvis led an insurgent campaign to pass Proposition 13, a ballot measure that limited California property taxes and inspired […]
Harley-Davidson is getting into the electric bicycle business
Harley-Davidson has spun out a new business dedicated to electric bicycles and plans to bring its first line of products to market in spring 2021. The new business called Serial […]
Watch Facebook, Google, and Twitter’s CEOs defend the law that created social media to Congress
The CEOs of Twitter, Facebook and Google will appear before the Senate Commerce Committee on Wednesday in big tech’s latest showdown with Congress. The Senate hearing will have a narrower, […]