Toyota Forecasts 20 Profit Decline As It Boosts Ev and Ai Spending
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AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Oliv unveils its AI copilot to boost sales team efficiency and deal closures
Oliv has launched its AI copilot for sales team that tackles mundane, but important, tasks that will free salespeople up to close more deals.VentureBeat - Tech -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
New spending fight emerges
Business & Economy The Big Story McConnell and Democrats on collision course over spending Senate Republicans are on a collision course with Democrats over government funding, as the latter insists nondefense spending programs receive equal ...The Hill - Politics -
The Northern Lights Forecast in the U.K.
Sightings of the aurora borealis are unlikely in the U.K. this weekend, but the northern lights could return on Monday, forecasters said.The New York Times - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
How Toyota's Tacoma became king of the U.S. midsize truck market
The midsize Toyota Tacoma truck outsells rivals, including American brands. But the market is increasingly crowded with trucks from Ford, GM, and EV brands.CNBC - Business -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
How much money the U.S. spends on war
American military spending reached $916 billion in 2023, which accounts for more than a third of the world's total military expenditure.CNBC - Business -
Denmark Raises Growth Forecast as Novo Expands Output
Yahoo News - World -
New EY Report Forecasts 2024 Deals Rebound
Despite stubborn interest rates, mergers and acquisitions could rebound dramatically from the drop off that characterized last year.Inc. - Business -
20 killed in central Gaza airstrike
Twenty people in central Gaza were killed following an Israeli airstrike on Sunday as fighting continued to ravage the region over the weekend. Records from the Al-Aqsa Martyrs Hospital showed that twenty people were killed in the airstrike ...The Hill - Politics -
'We're in our 20s but live in the 1940s'
They dress in traditional clothing every day, own vintage furniture and limit time with technology.BBC News - Top stories -
England's Kane suffers injury scare on Euros' eve
England captain Harry Kane is struggling with a back injury less than a month out from the European Championship, with Bayern Munich manager Thomas Tuchel confirming he will miss the final game of the season.ESPN - Sports -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
Chinese shoppers are buying less than they used to — but they're spending on experiences
Yahoo News - World -
McConnell, Collins on collision course with Democrats over spending parity
Senate Republicans are on a collision course with Democrats who are insisting that nondefense spending programs receive equal treatment with defense programs. Senate Republican Leader Mitch McConnell (Ky.) says he won’t accept Democrats’ demand to ...The Hill - Politics -
Is Hunt right that Labour’s spending plans would leave a £38bn black hole?
Labour criticises a dossier released by the Conservatives that adds up how much their spending commitments would cost.BBC News - Top stories -
Modi's strongman rule raises questions about India's 'democratic decline' as he seeks a third term
India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.CNBC - Business -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 05/20/24ABC News - Entertainment -
Massachusetts celebrates 20 years of same-sex marriage
20 years ago, Massachusetts became the first state in the U.S. to issue marriage licenses to same-sex couples. CBS News' Elaine Quijano breaks down the move's impact.CBS News - Top stories -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Newzoo revises 2023 games revenue forecasts down to $184B
Newzoo has adjusted its 2023 games revenue estimates, putting the numbers down from $187 billion to $184 billion.VentureBeat - Tech -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
China’s lead on EV battery innovation has not slipped an inch
Yahoo News - World - China -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
Biden's Chinese EV tariffs don't address lingering national security concerns
The 100% Chinese EV tariffs are meant to head off economic risks, but some Democrats say Chinese EVs should be banned entirely for security reasons.CBS News - Top stories - Joe Biden -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
The greatest dancer of all time? Fred Astaire’s 20 best films – ranked!
On the 125th anniversary of his birth – and with a Tom Holland biopic in the works – we run down the finest performances in the Hollywood legend’s eight-decade career. A semi-straight turn from Fred Astaire in this witty comedy drama. He is an ...The Guardian - World -
Honor of Kings gets a global rollout on June 20 on mobile
TiMi Studio Group and Level Infinite, both divisions of Tencent, have confirmed that Honor of Kings will have a global roll-out on June 20.VentureBeat - Tech -
Aces sell out WNBA-record 15 of 20 home games
The Las Vegas Aces have sold out 15 of their 20 home games -- the most in WNBA history -- and are the first team to sell out its allotment of season tickets.ESPN - Sports - WNBA -
Inflation-Weary Viewers Boost Netflix Ad-Supported Discount Subscriptions
The video streaming company more than doubled viewers of its cheaper offer with ads in its content since January, and plansto boostrevenueby starting its own ad serving platform.Inc. - Business - Netflix -
Lula Pushes New Petrobras CEO to Boost Refinery, Gas Investments
Yahoo News - World -
Our underappreciated care workforce is getting a boost but deserves more
The Biden administration has been listening and taking action.The Hill - Politics -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Reroute funding to boost local NHS services, says opinion poll
Public priorities at odds with government spending programme for community healthcare, data showFinancial Times - World -
easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business