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Finance
admin October 30, 2024

Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say

Chinese autonomous driving company WeRide listed on the Nasdaq on Friday, Oct. 25, 2024.China News Service | China News Service | Getty ImagesBEIJING โ€” Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise...

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Finance
admin October 25, 2024

Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft

Chinese smartphone company Oppo ranks second in mainland China, and fourth worldwide, according to Canalys.Nurphoto | Nurphoto | Getty ImagesBEIJING โ€” Chinese smartphone company Oppo is doubling down on artificial intelligence as it holds weekly talks about AI with senior management at Google and Microsoft in the run-up to the...

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Finance
admin October 23, 2024

SAP boss warns against regulating AI, says Europe risks falling behind U.S., China

Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference to present SAP's financial results for 2019 on January 28, 2020 in Walldorf, southwestern Germany. - German software giant SAP reported a bottom line undermined by heavy restructuring costs, but lifted forecasts for the...

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Finance
admin October 21, 2024

Why I paid $95 to recycle a mattress โ€” and you might, too

The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City.Greg IacurciI paid $95 to recycle a mattress.It may sound odd, silly even, to pay so much to dispose of a run-of-the-mill household item.But the economics of mattress recycling illustrate why it...

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Finance
admin October 19, 2024

After rejecting Google takeover, cyber firm Wiz says it will IPO ‘when the stars align’

LONDON โ€” Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year, the company's billionaire co-founder Roy Reznik told CNBC, adding that the firm will go public "when the stars align."Wiz makes software that connects to cloud storage providers like Amazon Web Services or Microsoft...

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