Oracle recently announced its decision to shut down its advertising business, citing a sharp decline in revenue from $2 billion in 2022 to $300 million in fiscal year 2024. The company had initially ventured into the advertising sector through a series of acquisitions of ad tech companies, such as DataLogix and Moat, in an effort … Read more
Intel’s shares are experiencing a more than 5% increase, with no clear bullish drivers in sight. Mizuho analysts suspect that a short-covering operation is underway in the semiconductor sector, as evidenced by the recent rise in ARM, AMD, and ON stock prices. The firm suggests that hedge funds may be looking to reduce exposure to … Read more
Generative AI has become increasingly prevalent in the banking sector, offering a variety of benefits across different use cases. One common application is in Customer Service and Support, where virtual assistants and chatbots powered by generative AI can efficiently handle customer queries regarding account balances, transaction histories, and financial advice. This not only improves customer … Read more
Telecompaper is a reputable research and publishing company that has been dedicated to keeping professionals in the telecoms industry informed since 2000. They offer a wide range of services including news updates, in-depth research, and coverage of industry events. With a focus on independence and accuracy, Telecompaper strives to provide valuable insights and analysis to … Read more
Telecompaper is a well-established research and publishing company that has been providing valuable insights and updates on the telecoms industry since 2000. Known for its high level of credibility and independence, Telecompaper is a trusted source of information for industry professionals who need to stay informed about the latest developments in telecommunications. With a dedicated … Read more
In a groundbreaking partnership between Oracle and Microsoft, the two tech giants are revolutionizing the multicloud landscape, with Oracle Database@Azure paving the way for enhanced cloud capabilities. Microsoft’s investment in 23 Oracle cloud datacenters within its Azure infrastructure highlights the transformative nature of this collaboration, making Microsoft Oracle’s largest customer despite their historical competition. This … Read more
The U.S. semiconductor industry is facing a shortage of workers, especially in highly skilled positions. Experts are calling for a more flexible visa system to allow foreign workers to fill these roles and keep the industry competitive. The shortage of skilled workers in the semiconductor industry is a growing concern in the U.S. Many companies … Read more
The AI chip race is heating up as Nvidia, Intel, and AMD all vie for dominance in the market. Intel, despite losing some market share to AMD in recent years, is playing the long game with plans to become a leading AI chipmaker. The company is making strategic investments in new AI accelerators and expanding … Read more
Intel’s investment in Ohio is set to bring about a significant increase in job opportunities for people from diverse backgrounds. The company has pledged to double the number of women and underrepresented minorities in senior leadership roles by 2030, with some universities already taking proactive steps to ensure that individuals from these demographics are well-prepared … Read more
Oracle has announced that it will be shutting down its advertising business, revealing a decline in revenue to $300 million in 2024 from $2 billion in 2022. This move has raised questions about the future of the industry and how businesses can prepare. By acquiring multiple ad tech companies, Oracle struggled with cultural clashes and … Read more