October 3, 2023
India’s technology sector is well positioned to benefit from the $4-trillion opportunity the global market for generative artificial intelligence (genAI) is set to offer, experts said. However, it will have to make strategic changes in several areas, according to a report by Nasscom and McKinsey & Company. Elevate Your Tech Prowess with High-Value Skill Courses
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Australia’s electricity grid is hurtling towards more blackouts as mammoth renewable energy and storage projects struggle to replace the closure of almost two-thirds of coal generators. Industry experts and the Australian Energy Market Operator (AEMO) say the national grid is on the edge of historic transformation, warning electricity reliability will be imperilled without rapid and
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by Calculated Risk on 9/08/2023 12:26:00 PM The Federal Reserve released the Q2 2023 Flow of Funds report today: Financial Accounts of the United States. The net worth of households and nonprofits rose to $154.3 trillion during the second quarter of 2023. The value of directly and indirectly held corporate equities increased $2.6 trillion and
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Yves here. Many sites, including this one, criticized UK and EU energy subsidies last year as contradicting their climate change goals. Recall that after electricity prices spiked last year, many countries introduced broad-based subsidies, which is tantamount to supporting overconsumption. Note the IEA earlier highlighted a big increases in fossil fuel subsidies, but they came
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One of the first personal computers built by Apple and signed by company co-founder Steve Wozniak has sold at auction for more than $223,000. The Apple-1 has been restored to a fully operational state and came with a custom case with a built-in keyboard, according to Boston-based RR Auction, which held the sale that closed
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TOKYO: Japan’s current account surplus was 1.86 trillion yen ($13 billion) in May, up 2.4 times from a year earlier, government data showed on Monday. According to the Ministry of Finance, the current account surplus rose for the fourth consecutive month due to the reduction of the country’s trade deficit and an increase in foreign
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The national government’s (NG) outstanding debt hit a new high of 14.09 trillion pesos at the end of May, up 185.4 billion pesos from a month earlier, due to additional domestic and foreign debt, according to data from the Treasury Department on Tuesday. like a weaker peso. Treasury Bureau Treasury Bureau Local borrowing accounted for
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SAN FRANCISCO, CA: Apple became the first public company to end a trading day with a market value of $3 trillion, another milestone for the tech giant that has changed society with a line of products that bring in mind-blowing profits. Apple shares rose 2.3 percent to $193.97 on Friday, taking its market value to
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apple Inc’s market capitalization hit the $3 trillion mark on Friday for the first time since last January as investors bet on iPhone the manufacturer’s ability to increase its revenue even as it explores new markets such as virtual reality. Shares of Apple, which is also the world’s most valuable listed company, rose 1.3% to
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appleThe stock climbed to an intraday all-time high on Wednesday and was on the cusp of closing the session for the first time with a market capitalization above $3 trillion. iPhone manufacturer stock rose 1% to $189.90, the highest level ever. When the stock last traded below this session’s high, rising 0.4% to $188.81, the
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