Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters.Jakub Porzycki | Nurphoto | Getty ImagesSamsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters.South Korea-based Samsung has instructed subsidiaries worldwide to reduce sales and marketing staff by about 15% and the administrative staff by up to 30%, two of the sources said.The plan will be implemented by the end of this year and would impact jobs across the…
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China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty ImagesGlobal attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet’s Google and Meta.But some of China’s giants, from Alibaba to Tencent, have launched their own AI models over the past 18 months, looking to capitalize on the hype around the technology.China’s ambitions to become a world leader in AI adds another layer to the country’s technology battle with the U.S. China has been seen as playing catchup to the U.S. but…
By themselves, the pieces of a puzzle reveal very little. But link them together and a clearly defined picture emerges.Metaphorically speaking, that describes the NFL Draft. After spending months, if not years, gathering information on prospects, teams then connect all the dots — er, data — to create a fuller picture of whom they might be selecting.Colorado quarterback Shedeur Sanders should understand that more than any prospect. His father, Deion Sanders, is not only his head coach but also one of the greatest cornerbacks in NFL history. Coach Prime, as he likes to be called, knows the league and its…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s Kate Rooney sits down with Affirm CEO Max Levchin to talk growth, expansion plans, the political landscape and more.05:232 hours ago Source link
A General view showing the Central Business District in Central on May 18, 2023 in Hong Kong, China.Vernon Yuen | Nurphoto | Getty ImagesAsia-Pacific markets opened higher on Thursday, tracking gains on Wall Street after a volatile session spurred by inflation data.Japan’s Nikkei 225 jumped 3% in early trading and the broad-based Topix advanced 2.48%.Asian chipmaking heavyweights rallied after Nvidia CEO Jensen Huang made a compelling case for the future demand for AI chips.”AI is not about a chip. AI is about an infrastructure,” the founder of the artificial intelligence chip powerhouse said at the Goldman Sachs Communacopia + Technology…
Experts call it “economy class syndrome” — but it can happen to anyone in any class of an airplane.Deep vein thrombosis, or DVT as it’s known, occurs when blood clots in one or more veins.It can happen at any time, but people who travel on long-haul flights are at a higher risk because they sit for long periods of time, said Dr. Pinakin V. Parekh, a consultant cardiologist at Singapore’s Harley Street Heart and Vascular Centre.”Theoretically people who are in better classes of air travel — business class, first class — have more space to move about, stretch their legs,”…
California Attorney General Rob Bonta discusses Michelle Mack’s case in an interview on Feb. 16, 2024.CNBCCalifornia Attorney General Rob Bonta cautioned executives at social media and other tech companies to work harder to protect voters from “deception, intimidation, and dissuasion,” ahead of the November election. “Millions of Californians rely on social media and artificial intelligence services to obtain news and information about upcoming elections, and it is paramount that the platforms, products, and services offered by your companies not be misused to deceive voters about their constitutional right to vote,” Bonta wrote in a letter Wednesday to the CEOs of…
The vulnerability is DeMar DeRozan’s superpower.It’s there throughout his new autobiography, “Above the Noise: My Story of Chasing Calm,” in which the six-time NBA All-Star and newest member of the Sacramento Kings bares his soul in the kind of way we rarely see from elite athletes.“(Vulnerability) goes a long way, especially for us as athletes being looked at like we’re superheroes at times,” DeRozan said in a recent phone interview. “You never really get to see the Clark Kent side. Everybody always sees us saving the day (on the court), doing something heroic and not knowing that, at the end…
September is living up to its reputation as a volatile month, and this creates more challenges to the Big Tech trade. But one low-volatility ETF is still betting big on it.Alliance Bernstein is behind the AB US Low Volatility Equity ETF. According to FactSet, its top three holdings include megacap winners Microsoft, Apple and Alphabet.”Technology touches everything that we do in most facets of our life, but there are other industries in play,” Noel Archard, the firm’s global head of ETFs and investor solutions, told CNBC’s “ETF Edge” this week. “So, we’re continuing to see a lot of interest in…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyBob Duggan & Maky Zanganeh, Summit Therapeutics co-CEOs, join ‘Fast Money’ to talk its lung cancer drug and continuing treatment studies.04:38a minute ago Source link
