Google announced new health initiatives and partnerships at its yearly event “The Check Up”. The Google Health team shared updates regarding features coming to search, tools to build health applications, and AI-powered health research. During the annual event, Google discussed new partnerships to develop AI-powered ultrasounds, cancer treatment as well as tuberculosis screenings. Google’s Med-PaLM is…
GitLab shares declined as much as 38% after the provider of source code management software issued a full-year revenue forecast for GitLab that fell short of anticipations. GitLab lost 3 cents per share in comparison to the expected loss of 14 cents per share by analysts, as per Refinitiv. The revenue of GitLab stands at $122.9 million…
Google is deepening its initiatives in the generative artificial intelligence space, as it introduced features that will allow users to create text in Gmail and Docs using its AI technology. Google is testing the AI products and making these products accessible to a finite number of users of Workspace, which include Gmail and Google’s productivity tools….
HSBC announced a deal to buy the U.K. arm of collapsed US tech startup lender Silicon Valley Bank. HSBC agreed to buy the SVB U.K. for £1. The transaction excludes the assets and liabilities of SVB U.K.’s parent company. HSBC Group CEO Noel Quinn, “The acquisition strengthens our commercial banking franchise and enhances our ability to serve…
Tesla cuts prices for the Model S and Model X in the USA in an attempt to boost demand for these expensive cars with aggressive discounts. The Tesla Model S currently starts at $89,990, i.e. down around 5% from the earlier price. The Model X now starts at $99,990, with a 9% price cut. For the…
China’s leaders take a cautious approach to the estimate for the country’s economic recovery, after removing most of the Covid restrictions on business activity that were imposed in 2022. China announced a target of around 5% Gross Domestic Product (GDP) growth for 2023, with only a slight increase in fiscal support. The vice president and senior…
Microsoft said that it will begin to promote its recently launched new Bing Chatbot — which is built upon OpenAI’s artificial intelligence in an upgrade to Windows 11. Bing is not highly popular yet, but the Windows operating system drives around 9% revenue of Microsoft. It is the leading operating system in the world, with almost 82% share as of…
Goldman Sachs CEO David Solomon stated that asset management and wealth management will be the growth driver of the bank. Solomon said, “The actual story of opportunity for growth for us in the coming years is around asset management and wealth management. Goldman was already the fifth-biggest active asset manager in the world. There is genuine…
The chief executive of Qualcomm anticipates that Apple will shift to in-house 5G modems for its iPhones in 2024. Cristiano Amon said at the Mobile World Congress in Barcelona, “We’re making no plans for 2024; my planning assumption is we’re not providing Apple a modem in 2024, but it is their decision to make.” Apple’s latest iPhone…
How to Evaluate IAM Providers for Today’s Workforce Requirements Unfortunately, meeting the 12 required capabilities presents real challenges to current organizational ecosystems and legacy IAM systems. To gain these capabilities, you need to consider either replacing or modernizing your current IAM systems with a fullservice IAM platform designed to address both today and tomorrow’s needs….
