Law In The Age Of Technology: Odierno Law Firm’s Perspective On Instant Gratification

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Benzinga

We’ve all likely read countless times about the digital age’s influence on the tangible – the industries, the businesses, and their processes and efficiency. What about the people, however? As the World grows more interconnected and digitized, people worldwide have (sub)consciously embraced a faster pace of life than ever before. The Internet, smartphones, and social media have not only changed how we communicate and consume information but also altered our expectations regarding many facets of existence. In this era, ‘instant gratification’ has practically become the norm: from same day shipp… Read More “Law In The Age Of Technology: Odierno Law Firm’s Perspective On Instant Gratification”

Happy 20, Facebook: If You Invested $1,000 In Mark Zuckerberg’s Social Network When It Went Public 12 Years Ago, Here’s How Much You’d Have

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Benzinga

Meta Platforms Inc.’s (NASDAQ:META) flagship product, Facebook, is now 20 years old. While it is still a year away from hitting the minimum legal drinking age in the U.S., Facebook has had a huge impact on how information is consumed and connections with friends, family and other users online. Facebook also changed the fortunes of its co-founders forever, and in particular, Mark Zuckerberg. The Meta CEO is now amongst the top five richest people in the World, with a fortune of $170 billion, according to Bloomberg Billionaires Index, increasing by over $42 billion since the beginning of 2024. F… Read More “Happy 20, Facebook: If You Invested $1,000 In Mark Zuckerberg’s Social Network When It Went Public 12 Years Ago, Here’s How Much You’d Have”

What’s Going On With Taiwan Semiconductor Manufacturing Stock Monday?

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Benzinga

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and Samsung Electronics, leaders in the semiconductor industry, emphasize their latest chip production facilities in their home countries, Taiwan and South Korea, respectively, despite expanding their operations to the U.S., Japan, and other locations. TSMC is a key contract chip supplier for leading companies. The stock is trading higher on Monday as it continues to ride on the artificial intelligence frenzy. The key Nvidia Corp (NASDAQ:NVDA) supplier announced plans to construct fabs for 2-nanometer chips in Taiwan’s Hsinchu and Kaohsiung citi… Read More “What’s Going On With Taiwan Semiconductor Manufacturing Stock Monday?”

Generative AI is hot, but predictive AI remains the workhorse

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CIO

Since the release of ChatGPT in November 2022, generative AI (genAI) has become a high priority for enterprise CEOs and boards of directors. A PwC report, for instance, found that 84% of CIOs expect to use genAI to support a new business model in 2024. Certainly, there’s no doubt that genAI is a truly transformative technology. But it’s also important to remember that it is just one flavor of AI, and it’s not the best technology to power every use case. The concept of what qualifies as AI changes over time. Fifty years ago, a tic-tac-toe-playing program would have been thought of as a type of … Read More “Generative AI is hot, but predictive AI remains the workhorse”

Alibaba Earnings: Can Q4 Earnings Provide Pivot Point For Beleaguered Investors?

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Benzinga

Despite the continuing rout on Chinese stock markets on Monday, shares in Alibaba (NASDAQ:BABA) escaped with only a fractional loss in Hong Kong, while its U.S. listing gained ahead of the e-commerce company’s fourth-quarter earnings report on Wednesday. In Hong Kong, the shares dipped 0.1%, while Nasdaq-listed shares climbed 3.4% to $74.25 in morning trade. Could there be some positive news to come on Wednesday that might bring a ray of hope to beleaguered Chinese investors? There hasn’t been much joy for investors in Alibaba since its market debut in Hong Kong in November 2019. The shares de… Read More “Alibaba Earnings: Can Q4 Earnings Provide Pivot Point For Beleaguered Investors?”

Amazon’s New AI Assistant Rufus Sparks Debate – Will It Impact Advertising Revenue?

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Benzinga

Amazon.com Inc (NASDAQ:AMZN) has introduced a new artificial intelligence assistant, Rufus, to assist shoppers with product-related questions. Rufus will likely guide users to products that best suit their needs. However, this move raises concerns about Amazon’s history of promoting products that benefit the company due to higher profitability or advertising support. Amazon is currently facing an antitrust lawsuit from the Federal Trade Commission (FTC), which alleges a “pay-to-play” system where products from marketers who spend the most on advertising get top billing, Reuters reports. Rufus … Read More “Amazon’s New AI Assistant Rufus Sparks Debate – Will It Impact Advertising Revenue?”

This Little-Known Chinese AI Startup Just Raised $200 Million From Alibaba And Others Then Shot To The Top Of The AI Rankings

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Benzinga

Chinese artificial intelligence (AI) company 01.AI, backed by the e-commerce giant Alibaba Group Holding Ltd. (NYSE:BABA), is positioning itself to be a leader in the AI space under the leadership of prominent venture capitalist Kai-Fu Lee, the mastermind behind establishing Google and Microsoft Corp. in China. 01.AI is challenging the norms with its open-source model Yi and has rapidly climbed the ranks on the Hugging Face leaderboard, showcasing the power of its large language models (LLMs). It recently received $200 million in funding from Alibaba Cloud and Lee’s venture firm Sinovation Ven… Read More “This Little-Known Chinese AI Startup Just Raised $200 Million From Alibaba And Others Then Shot To The Top Of The AI Rankings”

WisdomTree CIO Says Other Big Tech Names Could Follow In Meta’s Footsteps Following Strong ‘Year Of Efficiency’

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Benzinga

Jeremy Schwartz, CIO at WisdomTree Investments, joined Benzinga’s PreMarket PrepMonday to discuss Meta Platforms, Inc’s (NASDAQ:META) successful “year of efficiency,” which he believes was made possible by AI. What Happened: Schwartz highlighted Meta’s use of artificial intelligence as the force that enabled the company to achieve remarkable results during its “year of efficiency.” Meta reduced its workforce by 22% in 2023 while boosting revenue by 25%. The stock gained more than 175% in 2023 and CEO Mark Zuckerberg has said the increased efficiency focus will remain in place. Schwartz told Be… Read More “WisdomTree CIO Says Other Big Tech Names Could Follow In Meta’s Footsteps Following Strong ‘Year Of Efficiency’”

UBS Bullish On Gold, Silver In 2024; Global Mining Supply Market Hits New Highs; South Africa’s President Calls For End To Abuses In Mining, Metals Sectors

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Benzinga

Top Mining Stories For Feb. 5, 2024: 1. UBS projects a bull market for gold and silver in 2024, thanks largely to the strong likelihood of the Federal Reserve cutting interest rates. Of the two metals, it’s gold that enjoys a real moment in the sun here. According to the bank’s strategist Joni Teves, gold is likely to reach $2,200 per ounce by the end of the year. The projection does not come totally out of the blue; rather, it follows on the heels of gold having reached a record $2,100 per ounce at the end of 2023.The UBS analyst attributes the impressive forecast to a weaker dollar resul… Read More “UBS Bullish On Gold, Silver In 2024; Global Mining Supply Market Hits New Highs; South Africa’s President Calls For End To Abuses In Mining, Metals Sectors”

Can Seattle startup Tableau flourish under Salesforce? New CEO thinks so

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The Seattle Times

On a sunny Tuesday around 1 p.m., Tableau’s Data 1 office in Seattle’s Fremont neighborhood bustled with employees going out in groups for lunch or walking around the office overlooking the Lake Washington Ship Canal. Among them was Tableau CEO Ryan Aytay, who lives in the Bay Area but was visiting for the week. He wore a “DataFam,” the Tableau community’s name, lapel pin on his black jacket. Tableau was founded in 2003 in California and moved its headquarters to Seattle the next year, where the data analytics firm established itself as a tech startup on the rise. In 2019, tech giant Salesforc… Read More “Can Seattle startup Tableau flourish under Salesforce? New CEO thinks so”