Overall earnings for the companies on the list plunged 85 percent, to $98.9 billion from $645 billion in 2007, the biggest one-year decline in 55 years.
By THE ASSOCIATED PRESS, NY Times: Business
Sun, 04/19/2009 - 7:49pm
Overall earnings for the companies on the list plunged 85 percent, to $98.9 billion from $645 billion in 2007, the biggest one-year decline in 55 years.
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
Google has unveiled Willow, a next-generation quantum computing chip that it claims can complete a benchmark task in minutes that would require 10 septillion years with a conventional supercomputer. The time needed for the classical approach to random circuit sampling (an industry standard for quantum computing challenges) “vastly exceeds the age of the Universe,” according to Google Quantum AI lead Harmut Neven. The breakthrough comes largely through Willow’s approach to error correction.
More | Talk | Read It Later | ShareThe U. S. semiconductor company is facing an antitrust probe that could have implications for its business amid escalating signs of a tech trade war. In a move that underscores growing geopolitical trade tensions, Chinese authorities have reportedly launched an antitrust investigation into U. S. chip giant Nvidia, raising concerns about the implications for foreign businesses operating in the country.
More | Talk | Read It Later | ShareIn his interview on ‘Meet the Press,’ Trump also suggested revenge on his political rivals. Donald Trump said he can’t guarantee that his promised tariffs on key U. S. foreign trade partners won’t raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned.
More | Talk | Read It Later | ShareThe social media platform will release its popular year-in-review feature later this month. Here’s everything to know. At the end of the year, several tech platforms release “year in review” features for their users. For Spotify, that means Spotify Wrapped, which allows music lovers to see the songs they’ve listened to most often over the course of the year.
More | Talk | Read It Later | ShareTikTok asked a federal appeals court on Monday to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews its challenge to the statute. The legal filing was made after a panel of three judges on the same court sided with the government last week and ruled that the law, which requires TikTok’s China-based parent company ByteDance to divest its stakes in the social media company or face a ban, was constitutional. [time-brightcove not-tgx=”true”] If the law is not overturned, both TikTok and its parent ByteDance, which is also a plaintiff in the case, have claimed that the popular app will shut down by Jan.
More | Talk | Read It Later | ShareOpenAI has made its Sora AI video generator available to the public, including some tools that help creatives produce complex projects. The long-in-development model lets you generate short video clips from text prompts. However, you can also “remix” prompts to varying degrees by using additional prompts, and a Storyboard can string together multiple prompts while producing transitions between clips. Sora limits videos to resolutions between 480p and 1080p for up to 20 seconds, and OpenAI has taken numerous steps to minimize the potentials for copyright violations and misinformation that affect both the company as well as rivals like xAI’s Grok.
More | Talk | Read It Later | Share