Microsoft‘s president and vice-chairman, Brad Smith, cautioned the West against assuming China is lagging behind in technological development. Speaking at the Web Summit tech conference in Lisbon, Portugal, recently, Smith told CNBC that China is either close to or has even surpassed Western nations in many technological areas.“I think one of the dangers, frankly, is…
Microsoft Vice Chair and President Brad Smith speaks at the Web Summit, in Lisbon, Portugal, November 12, 2024. REUTERS/Pedro Nunes Microsoft‘s president and vice-chairman, Brad Smith, cautioned the West against assuming China is lagging behind in technological development. Speaking recentky at the Web Summit tech conference in Lisbon, Portugal, Smith told CNBC that China is…
NATIONAL HARBOR, MD – (Photo by Alex Wong/Getty Images) Getty Images In a world where change happens gradually, then all at once, certain CEOs have demonstrated an extraordinary ability to not just navigate but thrive amid technological upheaval and market volatility. What distinguishes truly exceptional chief executives from their peers? There are four crucial criteria:…
Following Donald Trump’s return to the White House as the 47th President of the United States, top leaders from the technology industry have issued statements congratulating him on his victory. Despite previous clashes with Trump, who had openly criticised several of these executives and their companies during his earlier term, tech CEOs are now signalling…
For tech’s biggest players, this earnings season is starting to feel like a scene from the movie Jerry Maguire — and the “show me the money” demands aren’t working out any better than they did for Tom Cruise. Some analysts are even dubbing this the “show me the money” quarter, as Wall Street’s patience with…
In This Story Despite posting robust quarterly profits, Microsoft (MSFT-5.26%) and Meta (META-3.86%) shares slumped Thursday as both tech giants signaled substantial future AI spending requirements and slower growth prospects. The companies, which have emerged as leaders in the AI sector, saw their stocks decline despite heavy investments in generative AI that had previously fueled…
Good morning. Two tech billionaires started this week with egg on their face, and for once, it had nothing to do with a live product demo.Amazon founder Jeff Bezos and NantHealth founder Patrick Soon-Shiong blocked, each at the eleventh hour, the U.S. presidential endorsements of Kamala Harris by the editorial boards of their newspapers, the…
Here are five key things investors need to know to start the trading day: 1. Gains and losses The S&P 500 staged a comeback Thursday, posting its first positive day this week and snapping a three-day losing streak. The index added 0.21%, while the tech-heavy Nasdaq Composite rose 0.76%. The Dow Jones Industrial Average didn’t fare…