According to JPMorgan’s CIO Bob Michele, the current economic market is reminiscent of 2008’s Global Financial Crisis. Michele, the chief investment officer for JPMorgan’s asset management department, said the present market state bears similarities to the “awful lot of that March-to-June period in 2008.” Similar to the market’s status in 2008, the investors worried about …
Powerful virtual reality headsets are important because they provide a more immersive and realistic experience. They allow users to interact with virtual worlds, experience high-quality graphics and sound, and explore new forms of entertainment, education, and training, leading to increased excitement and interest in the technology. Apple might not have been the first to launch …
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SaaS technology veteran to lead company as more and more countries mandate e-Invoicing globally, driving adoption of Sovos’ global tax compliance solutions BOSTON, JUNE 6, 2023 – Global tax software provider Sovos today announced the appointment of Kevin Akeroyd as Chief Executive Officer. Akeroyd joins Sovos from Magnit, where he served as CEO from July 2020, overseeing a …
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As the race for technological dominance intensifies, the United States and the European Union are committing substantial funds to chip subsidies, while India is heavily investing in its semiconductor mission. On the other end, UK Prime Minister Rishi Sunak took a decisive step by announcing a billion-pound subsidy for the emerging microchip industry in the …
Agritech has been on the rise in the past few years, enhancing every step of the agri value chain. In the United States, the agriculture sector contributes around $1.27 trillion to the national GDP and employs around 2% of the workforce. The use of agritech platforms in the United States is growing, and it’s estimated …
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Gartner, one of the world’s leading research and analytics firms, forecast that the global end-user spending on public cloud services is to grow 21.7% to a total of $597.3 billion in 2023, from $491 billion in 2022. The cloud market is a rapidly growing field and all the segments of the industry are expected to …
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Chinese car makers dominate the EV market, giving the European car giants a massive shake-up, and a potentially devastating loss of income. With the changes in the car market as electric vehicles cause a change in consumer behavior, China’s growing share of the EV market in its home market and the EU will see the …
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Amazon is yet another competitor set to enter the chatbot arena, following in the footsteps of Google, by developing an AI-powered search experience. Recently, Bloomberg released a report revealing that the company is working on an “interactive conversational experience” for Amazon Search. It is designed to assist users in finding product information, comparing options, and …
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One of the oldest video-sharing platforms YouTube is now testing a new hub of free, ad-supported streaming channels that will show content from certain media companies, the media reported. Called FAST channels, the users who have access to the experiment in the U.S. can find these linear channels in the Movies and TV storefront. The …
Elon Musk and Twitter have been in the headlines consistently for the past year. From a complete takeover to mass layoffs and data regulation breaches, Twitter has seen a lot in such a short period. Musk, a billionaire, founder, innovator, and businessman had bought Twitter entirely for $44 billion earlier in 2022. The microblogging platform …
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