techs

AI bets that fuelled Big Tech’s surge now threaten rich profits
[ad_1] [NEW YORK] Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins and the risk that depreciation expenses will...
Big Tech’s indirect emissions jumped 150% in three years amid AI boom, UN report says
[ad_1] Indirect carbon emissions from the operations of four of the leading AI-focused tech companies, Amazon, Microsoft, Alphabet and Meta, rose on average by 150% from 2020-2023, as they had...
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
[ad_1] [SINGAPORE] Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6 million for the three months ended Mar 31, up...
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
[ad_1] [BENGALURU] The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics...
The Download: Apple’s eucalyptus carbon bet, and climate tech’s bad vibes
[ad_1] This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Inside the controversial tree farms powering Apple’s...
Brazil’s government considers taxing big techs if revenue falls short
[ad_1] BRASILIA (Reuters) - Brazil's Finance Ministry said on Monday that if there is a shortfall in revenue, it will submit proposals to Congress in this year's second half to...