Mega Cap Technology Stocks Continue To Lead The Overall Stock Market

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ValueWalk

In his podcast addressing the markets today, Louis Navellier offered the following commentary. Good Guidance RewardedI like how stocks are acting to their earnings announcements this week. Earnings are still working, so that’s a good sign. Guidance is very important. The companies that give good guidance are obviously being rewarded. Retail news has been interesting this week. Home Depot Inc (NYSE:HD) reported on Tuesday that its same-store sales in the U.S. declined 4.6% in the first quarter and warned that it expects its fiscal 2023 sales to decline 2% to 5% compared to 2022. This is the fir… Read More “Mega Cap Technology Stocks Continue To Lead The Overall Stock Market”

US Supreme Court rules Warhol image violated photo copyright

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AFP

Washington (AFP) – An Andy Warhol print of the late pop star Prince violated the copyright of the photographer who took the original image, the US Supreme Court said Thursday, in a ruling with important implications for the art market. In a case that spiralled around the hot-button issue of whether a derivative work of art is a mere copy or fully transformative, the court ruled that celebrity photographer Lynn Goldsmith should have earned a fee when the Andy Warhol Foundation licensed “Orange Prince,” a silk screen print image of Prince, for use by Vanity Fair magazine. In their 7-2 ruling, th… Read More “US Supreme Court rules Warhol image violated photo copyright”

GIGABYTE to Introduce Leading-Edge AI Solutions and Computers at COMPUTEX 2023, Unveiling “Future of COMPUTING”

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Cerebral Overload

GIGABYTE, a leading innovator of computer hardware and server solutions, announces its unprecedented exhibits at COMPUTEX 2023. Resonating its theme “Future of COMPUTING”, GIGABYTE is unveiling its all-around technical achievements, including industry-leading AI/HPC servers, green computing solutions, gaming and creator products, industrial PC, AI smart securities, and autonomous vehicle technology. Besides product exhibits, GIGABYTE will hold a four-day Tech Talk with speakers from AMD, Ampere, Intel, and NVIDIA, sharing insights about how the future of computing is reshaping the technology l… Read More “GIGABYTE to Introduce Leading-Edge AI Solutions and Computers at COMPUTEX 2023, Unveiling “Future of COMPUTING””

Japan, Britain to deepen ties on security, technology amid China rise

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Kyodo News

Japan and Britain on Thursday committed to strengthening their partnership in areas ranging from security and trade to technology, expressing resolve to defend the liberal international order amid Russia’s war in Ukraine and China’s growing assertiveness in the Indo-Pacific. The “Hiroshima Accord,” named after the city where Japanese Prime Minister Fumio Kishida and his British counterpart Rishi Sunak met ahead of the Group of Seven summit, also stipulated the future deployment of a British carrier group to the Indo-Pacific region, which London says will take place in 2025. The strengthening o… Read More “Japan, Britain to deepen ties on security, technology amid China rise”

Online search to make up lost time with AI

Published by
Relaxnews

By miniseries / Getty Images Online search, dominated by Google for 25 years, has become as banal as making a phone call, but it could finally be getting a profound reset thanks to artificial intelligence. Online search, dominated by Google for 25 years, has become as banal as making a phone call, but it could finally be getting a profound reset thanks to artificial intelligence. The classic search and click made ubiquitous by the Google behemoth is getting a major AI makeover as bots ChatGPT, Bard or Bing see hundreds of millions of web surfers seek answers to life’s questions in a new way. “… Read More “Online search to make up lost time with AI”

Police criticised over face recognition cameras at Beyonce’s Cardiff concert

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BANG Showbiz English

Police have been criticised over plans to use live face recognition cameras on fans at Beyonce’s concert in Cardiff. South Wales Police had revealed plans to use the software to identify people wanted for “priority offences” after the cameras were used by law enforcement earlier this month at the coronation of King Charles. The facial recognition technology was set to be used at the Beyonce concert “to support policing in the identification of persons wanted for priority offences”. The decision was also made to “support law enforcement” and “ensure the safeguarding of children and vulnerable p… Read More “Police criticised over face recognition cameras at Beyonce’s Cardiff concert”

8th Horse Dies At Churchill Downs

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uSports.org

Tragedy has struck yet again in Churchill Downs, as another injured horse has been lost. According to Darren Rogers, Churchill Downs spokesperson, Rio Moon broke his leg on Sunday. Sometime after the day’s sixth race, the three-year-old colt reached the finish line when the injury was discovered. An Equibase chart reported, “suffered a catastrophic injury to his left foreleg a few strides after the wire” which resulted in the horse, trained by Dale Romans, of Louisville, being euthanized. The nearly 150-year-old home of the Kentucky Derby has reportedly lost eight horses since April 29, with s… Read More “8th Horse Dies At Churchill Downs”

Micron reveals $3.6 bn Japan chip plan after PM meets execs

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AFP

Tokyo (AFP) – Micron said Thursday it will invest $3.6 billion to produce next-generation semiconductors in Japan, after Prime Minister Fumio Kishida held talks with some of the World’s biggest chipmakers. Kishida is trying to boost the domestic chip industry, after the weaknesses in global semiconductor supply chains were exposed by developments including the pandemic and the ongoing US-China tussle over advanced tech. Attendees at the Kishida meeting on Thursday included senior executives from Taiwan’s TSMC, South Korean giant Samsung, and US titans Intel, Micron and IBM. “Micron expects to … Read More “Micron reveals $3.6 bn Japan chip plan after PM meets execs”

URGENT: Micron to invest 500 bil. yen to make advanced chips in Hiroshima

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Kyodo News

U.S. chipmaker Micron Technology Inc. said Thursday it will invest up to 500 billion yen ($3.6 billion) over the next few years to produce next-generation memory chips at its plant in Hiroshima Prefecture, western Japan, with financial support from the Japanese government. Micron plans to mass-produce dynamic random access memory chips using “1-gamma” process technology, which enables generative artificial intelligence applications. The company will become the first chipmaker in Japan to utilize extreme ultraviolet lithography, which is essential for creating advanced semiconductors, for mass … Read More “URGENT: Micron to invest 500 bil. yen to make advanced chips in Hiroshima”

Let’s be honest, China won’t beat the West as it ignores the problems on its home turf

Published by
City AM

By Elena Siniscalco The absence of free speech and political accountability has an economic impact on China. Beijing will stay important, but it won’t surpass the West, getting older before it gets richer, writes Matthew Lesh China appeared totally unstoppable in the early days of Covid-19. Lockdowns stamped out the pandemic. European leaders were begging President Xi Jinping for personal protective equipment shipments. After decades of strong economic growth and increasing global muscle, the Chinese system appeared like an alternative to dysfunctional and divided Western democracies. Has the … Read More “Let’s be honest, China won’t beat the West as it ignores the problems on its home turf”