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**Nvidia Set to Report Earnings as Focus on AI Intensifies** LOS ANGELES (AP) — Nvidia, the prominent leader in the artificial intelligence landscape, anticipates a significant earnings report on the horizon. With its innovative chip technology and extensive data centers, the company has emerged as a crucial supplier to major technology firms investing heavily in…

Investing in energy-related companies offers the unique advantage of substantial dividend yields, distinguishing them from the underlying commodities they produce, such as oil and natural gas. Despite the global shift towards renewable energy sources, dependence on fossil fuels remains significant, making dividend-paying investments in oil and gas producers, infrastructure providers, and utility companies particularly attractive.…

In a significant development for Africa’s rapidly evolving e-commerce landscape, two of the continent’s leading B2B platforms, Wasoko and MaxAB, have finalised their merger, forming a formidable entity aimed at capturing a substantial share of Africa’s $600 billion informal retail sector. The merger, characterized as the first of its kind on the continent, was officially…

CAPE TOWN, South Africa (AP) — Recent reports from South Africa’s national anti-corruption unit indicate that investigations are currently underway regarding alleged corruption exceeding $7 billion at several prominent state-owned enterprises. These investigations, some of which have been ongoing since 2018, were highlighted in a report submitted by the Special Investigative Unit (SIU) to a…

Infosys is poised for further expansion through acquisitions, particularly in the sectors of data analytics and Software as a Service (SaaS), according to statements made by CEO Salil Parekh in a recent interview with the Press Trust of India (PTI). The second-largest IT services firm has already completed two acquisitions this year and is actively…

In November of the previous year, the United States Supreme Court declined to review an appeal made by Tata Consultancy Services (TCS) against a decision from a District Court in Wisconsin. This verdict involved punitive damages amounting to $140 million in a lawsuit initiated by Epic Systems, a prominent healthcare software firm. Epic had accused…

In response to ongoing U.S. sanctions limiting access to advanced Nvidia chips, major Chinese technology enterprises, including Alibaba Group Holdings (NYSE:BABA), Tencent (TCEHY), and Baidu (NASDAQ:BIDU), have significantly increased their investments in artificial intelligence (AI) infrastructure. According to recent reports from the Financial Times, these companies collectively committed 50 billion Chinese yuan (approximately $7 billion)…

Elliott Investment Management has established itself as one of the preeminent activist hedge funds globally, recognized for its assertive tactics aimed at restructuring underperforming companies. Based in West Palm Beach, Florida, the hedge fund manages approximately $69.7 billion in assets and employs around 570 individuals as of June 30. Elliott is notorious for its direct…

Despite U.S. chip export restrictions, prominent Chinese technology firms such as Alibaba (NYSE: BABA), Baidu (NASDAQ: BIDU), and Tencent (OTCPK: TCEHY) have significantly increased their investments in artificial intelligence. According to a report by the Financial Times, these companies have more than doubled their capital expenditures on AI compared to last year, emphasizing their commitment…

In the past week, European technology companies successfully secured more than €197 million through over 45 funding deals. A significant portion of this funding, approximately 73%, was concentrated in the ten largest transactions. The leading industries attracting investment included the platform sector, which garnered €254.3 million, followed by health technology with €39 million, and energy,…