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March 2, 2021

Oracle Corp

U.S. is ‘not prepared to defend or compete in the A.I. era,’ says expert group chaired by Eric Schmidt

CNBC
CNBC – For more and to sign up click here Eric Schmidt speaks during a National Security Commission on Artificial Intelligence conference November 5, 2019, in Washington Alex Wong | Getty Images The U.S. is drastically underprepared for the age of artificial intelligence, according to a group of experts chaired......

Oracle stock jumps as investors take a new look at its cloud story

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CNBC – For more and to sign up click here Safra Catz, co-chief executive officer of Oracle Corp., speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, U.S., on Monday, June 19, 2017. The SelectUSA Investment Summit brings together companies from all over the world, economic development organizations from......

Steve Ballmer says he wishes Microsoft had entered cloud computing market earlier

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CNBC – For more and to sign up click here Steve Ballmer, chairman of the Los Angeles Clippers and co-founder of Ballmer Group, speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 8, 2019. The summit draws attendees from across the globe to explore what’s next in......

Walmart’s use of TikTok will likely continue, even if deal with Oracle falls apart

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CNBC – For more and to sign up click here Walmart‘s hopes of owning a stake of TikTok may be dashed, but don’t expect its interest in the viral video app to fade away. The company’s plan to buy the social media app’s U.S. operations with Oracle has been indefinitely......

Savers in Asia-Pacific more likely to trust robots than humans to manage their money

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CNBC – For more and to sign up click here Instability in financial markets and personal finances over the course of 2020 may have significantly altered our relationship with money, according to new research, which suggests people have more faith in robots than humans to manage their cash. Over three-quarters......

Amazon’s next CEO, Andy Jassy, transformed e-commerce company into a cloud computing giant

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CNBC – For more and to sign up click here Andy Jassy, Amazon AWS  Source: CNBC Andy Jassy has spent the past 15 years converting Amazon from an e-commerce giant into a highly profitable technology company, creating and then dominating the cloud infrastructure market. Now, he’s about to take center......

Google Cloud lost $5.61 billion on $13.06 billion revenue last year

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CNBC – For more and to sign up click here Thomas Kurian, CEO of Alphabet’s Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google‘s cloud business reported operating loss of $5.61 billion in 2020. It......

How Mike Speiser and Sutter Hill are changing the rules for venture investing

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CNBC – For more and to sign up click here Venture capitalist Mike Speiser had a historic 2020. His firm, Sutter Hill Ventures, turned an initial investment of less than $200 million in Snowflake into a stake worth $12 billion after its IPO in September. Sutter Hill amassed its fortune......

Companies are racing to build digital passports for people to prove they’ve had the Covid vaccine

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CNBC – For more and to sign up click here Doctor Richard Dang (R), Assistant professor USC School of Pharmacy, administers a Covid-19 vaccine to Ashley Van Dyke as mass-vaccination of healthcare workers takes place at Dodger Stadium on January 15, 2021 in Los Angeles, California. Irfan Khan | AFP......

Why some tech companies and billionaires are leaving California

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CNBC – For more and to sign up click here While it may be an overstatement to say California is hemorrhaging people, some of the state’s major companies and wealthiest residents are leaving for states like Texas, Arizona and Florida. In 2020, Oracle, Palantir and Hewlett-Packard Enterprise were among the......

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