German chip maker Infineon to cut 1,400 jobs
German chip maker Infineon said Monday it will slash 1,400 jobs and relocate 1,400 more due to a tough market environment, as it announced falling profits and downgraded its outlook.
Aug 5, 2024
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Business
German chip maker Infineon said Monday it will slash 1,400 jobs and relocate 1,400 more due to a tough market environment, as it announced falling profits and downgraded its outlook.
Aug 5, 2024
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17
Business
U.S. firms that use cloud-computing services are more likely to export their products and services, according to a new study by researchers at Penn State and the U.S. National Science Foundation (NSF). The team said the findings ...
Aug 13, 2024
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Business
Antitrust tensions are heating up in the chipmaking industry. Rivals have accused Wall Street darling Nvidia of abusing its market dominance in selling chips that power artificial intelligence—and the U.S. Justice Department ...
Aug 3, 2024
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Business
Elon Musk recently announced that he was relocating the companies SpaceX and X (formerly Twitter) from their current headquarters in California to Texas. The news has placed a spotlight on the rise in big tech shifting its ...
Aug 20, 2024
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Business
Even those of us who Google every day—and that's the vast majority of us—can and should applaud this week's federal court ruling holding that the company is maintaining its dominance in internet search through an illegal ...
Aug 11, 2024
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Machine learning & AI
Few industries remain untouched by the potential for transformation through artificial intelligence (AI)—or at least the hype.
Aug 6, 2024
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Business
Chipmaker Intel says it is cutting 15% of its huge workforce—about 15,000 jobs—as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
Aug 2, 2024
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Computer Sciences
A team of Alberta Machine Intelligence Institute (Amii) researchers has revealed more about a mysterious problem in machine learning—a discovery that might be a major step towards building advanced AI that can function ...
17 hours ago
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Business
Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have slowed in the U.S.
Aug 28, 2024
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Business
Warner Bros. Discovery's share price plunged more than 10 percent after-hours on Wednesday after it reported a quarterly loss of almost $10 billion.
Aug 8, 2024
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A market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy. It is an arrangement that allows buyers and sellers to exchange things. Markets vary in size, range, geographic scale, location, types and variety of human communities, as well as the types of goods and services traded. Some examples include local farmers’ markets held in town squares or parking lots, shopping centers and shopping malls, international currency and commodity markets, legally created markets such as for pollution permits, and illegal markets such as the market for illicit drugs.
In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services for money is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price. This influence is a major study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand. There are two roles in markets, buyers and sellers. The market facilitates trade and enables the distribution and allocation of resources in a society. Markets allow any tradable item to be evaluated and priced. A market emerges more or less spontaneously or is constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods.
The historical origin of markets is the physical marketplaces which would often develop into small communities, towns and cities.[citation needed]
This text uses material from Wikipedia, licensed under CC BY-SA