Intel Corporation, a US chipmaker, has decided to pass over Vietnam for a major investment project worth $3.3 billion. The company requested 15% “cash support” from the Vietnamese government, but ultimately chose to move the project to Poland, citing a lack of sufficient incentives to invest in Vietnam. This decision comes after Vietnam’s Ministry of … Read more
Azure Deployment Environments has introduced a new extensibility model that allows customers to customize their deployment workflows using various infrastructure-as-code (IaC) frameworks such as Bicep, Terraform, Pulumi, and more. This new model is now available in public preview and aims to simplify application infrastructure provisioning while providing platform engineers with the flexibility to tailor their … Read more
In 1994, a job ad seeking software engineers was posted on Usenet, seeking individuals to help “pioneer Internet commerce” for a Seattle-based startup. Applicants were required to design complex systems in record time. Resumes could be sent to Jeff Bezos via the startup, named Cadabra. However, due to confusion over the name (being easily mistaken … Read more
The short float percentage for Oracle (ORCL) has increased by 27.37% since its last report, with 19.38 million shares sold short, constituting 1.21% of all regular shares available for trading. This indicates that it would take traders approximately 1.45 days to cover their short positions. Short interest, the number of shares sold short but not … Read more
Broadcom Inc recently made significant updates to its VMware Cloud Foundation (VCF) in order to boost digital innovation, enhance infrastructure modernization, increase developer productivity, and improve cybersecurity while maintaining a low total cost of ownership. The latest enhancements in VCF are designed to meet customer needs by integrating various elements such as computing, networking, storage, … Read more
Nvidia shares saw a strong rebound on Tuesday after falling for three consecutive days, resulting in a significant loss of market value. The company had recently surpassed Microsoft to become the most valuable public company on Wall Street but experienced a 13% drop, the worst since 2022. Due to its large size, Nvidia’s stock movements … Read more
Nvidia Corp (NVDA) stocks are trading lower on Thursday following Micron Technology Inc (MU) third quarter financial results and guidance. Shareholders approved CEO Jensen Huang’s compensation package of $34 million for fiscal 2024, a 60% increase from the previous year. Huang credited the company’s success in AI chips to a strategic investment made over a … Read more
Google released its latest Google Play services update, version 24.25, on June 26, 2024. This update includes a variety of new features and changes, although Google has not provided detailed explanations for each one. One notable change is that Wear OS owners will now be able to use American Express for Wallet on compatible Fitbit … Read more
Google’s parent company, Alphabet Inc., has seen a strong performance in its stock (NASDAQ: GOOG), with shares gaining 26% year-to-date compared to the S&P 500 Index’s 15% increase. In particular, the company’s subsidiary Metaplatforms (NASDAQ: META) has shown a 40% increase in its stock value. At the current price of $178 per share, GOOG is … Read more
Broadcom (AVGO) stock showed a significant increase on Tuesday as investors responded positively to the company’s latest earnings report. The stock rose by X% to reach a new high of $XXX per share. The surge in Broadcom’s stock can be attributed to the company’s strong financial performance in the most recent quarter. Broadcom reported earnings … Read more