Sun, May 19, 2024

Stock trading

weekly overview, Southeast Asian stocks ended with gains

Southeast Asian stocks ended with gains

The Southeast Asian stock markets finished the session with the majority of increases. The most significant increase was registered in Indonesia. The IDX composite settled with a raise of 1.53%. Meanwhile, Singapore and Thailand ended with losses. The Singapore stock market dropped by 0.28% or 8.67 points. Meanwhile, the Straits Times composite indicator stood at …

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The US's new Antitrust Bills to control Tech Giants' power

The US’s new Antitrust Bills to control Tech Giants’ power

Amazon, Apple, Facebook, and Google may be forced to overhaul their business practices. On Friday, a bipartisan group of members of the U.S. House of Representatives proposed four Antitrust Bills to control tech giants’ power. These five bills will make it more difficult for dominant platforms to complete mergers. Also, to prohibit them from owning …

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stock, IKON: Graphic of market.

Sensex and Nifty rose, boosted by gains in heavyweights

Indian stock markets closed with gains on Monday. The increases of Reliance Industries, Adani Ports, Special Economic Zone, and Hindustan Unilever supported the stock market earlier.  The Nifty settled with a rise of 0.40% at 15,746.50. Meanwhile, Sensex added 0.44% to 52,574.46. Investors will have their eye on the conglomerate’s annual general meeting, which is …

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The Hang Seng gained 0.78% thanks to the comeback of technology

Prospects of US and China presidents’ talk boosted Hang Seng

The Hang Seng closed today with advances of 0.85%, reflecting investors’ optimism at the prospect of an official dialogue between the presidents of China and the United States.  The selective increased by 242.68 points to 28,801.27. Meanwhile, the Hang Seng China Enterprises advanced by 0.54%. Among the sub-indices, Commerce and Industry boosted the most with …

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Tractable raises $60M to grow in accident recovery

An artificial intelligence startup company that developed computer vision tools to enable remote claims assessment is announcing a significant round of funding.  Tractable, a leading AI company, works with auto insurance companies.  When drivers get into an accident, Tractable allows them or their repairer to submit photos of damaged cars. The company’s AI analyzes them …

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Google Axion

Google Workspace is now officially available

Google announced today that its Workspace services are now available to everyone for free. The service was formerly known as G Suite. Now it is presented with several new capabilities.  This powerful online tool aims to enable deeper collaboration between users.  Workspace hosts secure, high-quality video meetings. It uses the same Google productivity apps like …

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US and Japan

Japan to lunch Antitrust Probe against Apple and Google

The Japanese Government will start investigating the activities of Apple and Google amid growing accusations of antitrust violations by US tech giants.  This month, the Government will form a panel to examine the relationship between domestic smartphone manufacturers and giant US companies.  Currently, 90% of the Japanese market’s share consists of Apple iOS and Google …

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Google Building

Google relies on AI to produce chips 

Google declared that it had developed AI software that can design computer chips faster than humans.  On Wednesday, the company’s researchers published a new paper in Nature. They stated that an edge graph convolutional neural network architecture learned how to create the physical layout. As a result, it allows artificial agents to perform chip design, …

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Biden withdraws orders to ban TikTok in the US

Biden withdraws orders to ban TikTok in the US

The White House reported this Wednesday that President Joe Biden revoked the executive orders of his predecessor Donald Trump that sought to ban the Chinese-owned mobile application TikTok. The former president pushed the boundaries of what US national security laws were designed to accomplish. He shamelessly used his powers under a 1977 law, the IEEPA. …

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A global internet collapse leaves web pages without service

A global internet collapse leaves web pages without service

Internet failure has affected some of the main pages in the world. It generated a huge global alert on Tuesday. Besides, it has revealed once again the vulnerability of digital connections at a time when companies and users depend more than ever on them. A content delivery network, CDN, which provides its services to multiple …

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Quantum Computing

Do Quantum computers pose security threats?

British company Arqit is preparing businesses and governments for quantum computers. It considers it the next significant threat to its cyber defenses. Companies like Google, Microsoft, and IBM, believe in the future of quantum computing, which will arrive in the next decade. It could be disturbing news for cybersecurity organizations.  David Williams, Arqit’s president, stated …

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Signage of Apple company in front of apple store.

What will Apple present at its conference on June 7?

Every year, Apple  starts its Worldwide Developers Conference focused on its hardware and software news. The company will present the following products with greater probability: iOS 15 The next version of Apple’s mobile operating system will once again take all the spotlight. Among the rumored additions, better notification management stands out. We can set preferences …

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Stocks around the world, Asian stock markets trade higher

Southeast Asian stocks closed with the majority of decreases

The Southeast Asian stock markets closed the week’s last session with most falls, except for Vietnam and the Philippines. Investors are pending US employment data and the Fed chairman’s conference. The Ho Chi Minh stock market was the one that rose the most. It consolidated its upward trend in recent days, while all the decreases …

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