Technology
AI Companies Troubled Due To Supply Shortages Of Powerful Chips
The vulnerability of the chip industry recently got exposed during the rise in tensions between China...
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Saudi PIF Launches Lifera, a High-tech Biopharma Company
Saudi Arabia's Public Investment Fund (PIF) has announced the launch of Lifera, an investment company within...
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Is the Micron Chip Ban an Indication of Intensifying Sino-US Trade Conflict?
Chinese authorities in an official statement released mentioned that Micron’s products have critical cybersecurity issues that...
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Samsung’s semiconductor division faces the biggest drop in profits since 2009
The operating profit of Samsung’s semiconductor division is projected to drop 90% to $1.1 billion. Samsung...
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China’s March Towards Automobile Dominance
Will Japan lose its leadership in automobile manufacturing? The global transition towards EVs is in full...
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Ford’s Electric Vehicle Unit Forecasts $3 Billion Loss in 2023
Ford expects to have 2023 along the same lines, with adjusted earnings of $7 billion for...
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Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated
Amazon Inc announced a second round of layoffs on Monday, which would result in the termination...
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Baidu Shares See a Rise After ChatGPT rival bot’s Unveiling
Baidu Inc. saw a staggering 14% surge in its share value on Friday, following the endorsement...
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Microsoft-Backed OpenAI Releases Successor of ChatGPT: the Gpt-4
Microsoft-backed OpenAI, which sent shockwaves around the world with its previous chatbot ChatGPT, has said that...
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ByteDance Valued at $220 Billion After Private Investment by UAE’s G42
G42 acquired its stake in ByteDance through its 42XFund, which purchased a $100 million-plus stake from...
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The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
