The US ban on Chinese social media company TikTok is expected to impact Oracle’s revenue and profits. Oracle stated in a filing with the US Securities and Exchange Commission that the ban will make it illegal to provide Internet hosting services to TikTok within the US, potentially leading to a negative impact on their financials … Read more
After experiencing a significant correction, Nvidia’s stock has made a rebound in recent days. However, experts warn that this resurgence may actually make buying shares more risky for investors. Nvidia, a well-known technology company specializing in graphics processing units (GPUs) and artificial intelligence, saw its stock price drop due to concerns about the global semiconductor … Read more
Recently, American journalism surrounding Israel’s attack on Gaza has been criticized for lacking integrity and perpetuating biased narratives. Mainstream media outlets have been accused of supporting the American empire’s interests and publishing false information from Israeli leaders such as Benjamin Netanyahu. This has led to a skewed portrayal of the conflict and a failure to … Read more
Coatue Management’s founder Philippe Laffont has recently stated that the escalating geopolitical tensions pose a significant threat to Nvidia and the overall chip industry. Laffont’s concerns stem from the increasing trade conflicts and restrictions that could potentially disrupt the global supply chain for semiconductors. The semiconductor industry, which plays a crucial role in powering various … Read more
Hedge fund manager Philippe Laffont expressed concerns about how geopolitical conflicts could impact the chip industry and the development of artificial intelligence, specifically mentioning Nvidia. Laffont spoke at the Bloomberg Invest conference, highlighting the potential disruption to chip production if China were to invade Taiwan, where major chip manufacturer Taiwan Semiconductor Manufacturing Company is located. … Read more
Cloud giant Oracle has expressed concerns about a potential ban on TikTok in the United States and how it could impact the company’s financial performance. In its annual report to the SEC, Oracle stated that being unable to provide services to TikTok, along with the inability to redeploy that capacity promptly, could negatively affect its … Read more
The US government has issued a warning to all employees to immediately update their Google Pixel phones due to a critical security vulnerability. This vulnerability, known as CVE-2024-32896, allows for privilege escalation and could potentially be exploited by hackers for cyber attacks. Google has already released a fix for the issue, although the details of … Read more
Oracle (NYSE:ORCL) has cautioned investors that a potential law banning the popular social media app TikTok in the US could have an adverse impact on its profits. In April, President Biden signed a bill that would ban TikTok in the US unless it severs ties with its China-based parent company, ByteDance (BDNCE), and finds a … Read more
Oracle Corp. has alerted investors to the potential financial impact of a US ban on TikTok. The company faces challenges due to a new law signed by President Biden that could make providing internet hosting services to TikTok illegal unless certain conditions are met by its Chinese owners. This could result in a loss of … Read more
In a recent interview, Jim Thorne, chief market strategist at Wellington-Altus, discussed the impact of AI on the global economy with Quartz for their “Smart Investing” video series. Thorne predicts that AI will unleash the power of computer thought, leading to a digitized and commodified intelligence market. He compares the current stage of AI development … Read more