Unlike the consumer goods, beverage or retail sectors, the note continued, there are no large consultancies publishing market share data on the Swiss watch sector. “This is due to the impracticality of conducting such surveys and the discreet nature of the Swiss watch industry,” it said. Perhaps no brand is more discreet, nor influential, than … Read more
Endorsing an antisemitic post on X. Withholding Starlink satellite internet service from Ukraine to prevent a drone attack on Russian forces. Reposting conspiracy theorists who claim that the Biden administration’s immigration policies are part of a plot to increase the number of people who vote Democrat. Elon Musk’s behavior and public statements have clearly offended … Read more
The Biden administration will give up to $6.4 billion in grants to Samsung, one of the world’s largest chipmakers, the latest in a slew of awards intended to shore up domestic production of cutting-edge semiconductors. The money will help Samsung, the South Korean company, fund its new chip manufacturing hub in Taylor, Texas, and expand … Read more
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Being an influencer can be a lot of work. Instagram thinks A.I. can lend a big hand. Instagram is pitching popular influencers on a program that relies on artificial intelligence to interact with fans, the latest example of how Meta, Instagram’s parent company, is trying to expand the technology across its products. The program, which … Read more
Maybe it’s the superior experience of sipping a crisp, carbonated beverage through a straw. Maybe it’s the rise of Stanley Cups, or the supremacy of cold brew even in the winter months. Whatever it is, straws have evolved beyond the single-use plastic straw-man argument for environmental personal responsibility into so much more. There are straws … Read more
Microsoft on Tuesday plans to announce a $1.5 billion investment in G42, an artificial intelligence giant in the United Arab Emirates, in a deal largely orchestrated by the Biden administration to box out China as Washington and Beijing battle over who will exercise technological influence in the Gulf region and beyond. Under the partnership, Microsoft … Read more
Signs of turmoil at Tesla multiplied on Monday after the electric car company told employees it would lay off more than 10 percent of the work force to cut costs and two senior executives resigned. The job cuts, amounting to about 14,000 people, come as the company faces increasing competition and declining sales. The management … Read more
The Maryland Legislature this weekend passed two sweeping privacy bills that aim to restrict how powerful tech platforms can harvest and use the personal data of consumers and young people — despite strong objections from industry trade groups representing giants like Amazon, Google and Meta. One bill, the Maryland Online Data Privacy Act, would impose … Read more
Insurance companies have long blamed private-equity-owned hospitals and physician groups for exorbitant billing that drives up health care costs. But a tool backed by private equity is helping insurers make billions of dollars and shift costs to patients. The tool, Data iSight, is the premier offering of a cost-containment firm called MultiPlan that has attracted … Read more
