Machine learning & AI

Saudi to invest $20 billion in AI by 2030

Saudi Arabia announced Thursday it will invest $20 billion in artificial intelligence projects by 2030, as the oil-rich country seeks to diversify its economy amid slumping crude prices.

Energy & Green Tech

How to accelerate solar adoption for the underserved

As rooftop solar prices have fallen, many households at all income levels can now save money by going solar. Nonetheless, low- and moderate-income households remain less likely to adopt solar than high-income households. ...

Business

Software company founder McAfee charged with tax evasion

Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights ...

Business

Bezos charity to open first preschool in US

Amazon chief Jeff Bezos said Tuesday that the first free preschool backed by his philanthropic fund will open next month to disadvantaged children in the US internet giant's home state.

Business

Insider Q&A: T-Mobile pushes internet for virtual school

T-Mobile is pushing to offer internet service to schools that are doing online learning with a program aimed at low-income students who don't have access. In the U.S., millions of students don't have high-speed internet or ...

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Income

Income is the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time." For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. In the field of public economics, it may refer to the accumulation of both monetary and non-monetary consumption ability, the former being used as a proxy for total income.

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