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Tech Valuations Tumble, but Business Software Stocks Are Cushioned by the Cloud

Tech valuations have been whipsawed by rising interest rates, steep inflation and economic uncertainty—but not so much in enterprise software. Demand is holding steady as businesses continue to reorient themselves around cloud computing and data, CIOs say.Information-technology companies including International Business Machines Corp., Hewlett Packard Enterprise Co. and Oracle Corp. have shown resilience amid a rout in technology stocks. All three have so far…

Should States Adopt Right-to-Repair Laws? Pros and Cons

Advocates of the laws say manufacturers are protecting themselves. Opponents say the laws will hurt consumers. The two sides square off in a debate. Advocates of the laws say manufacturers are protecting themselves. Opponents say the laws will hurt consumers. The two sides square off in a debate. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Nvidia Only a Bit Off Its Game

Nvidia NVDA 5.08% may be the chip company for the metaverse, but even they can’t escape the real world sometimes. Financial results for Nvidia’s fiscal first quarter ended May 1 came in ahead of expectations, at least in the key business segments of videogames and data centers. Revenue surged 46% year over year to about $8.3 billion and adjusted operating earnings jumped even more, by 55% to a record high of nearly $4 billion.…

At Davos Confab, CEOs Fret Over Economy, Start to Plan for a Downturn

DAVOS, Switzerland—Fears of an economic downturn have lately gathered steam. Corporate executives at the World Economic Forum here struck a mostly gloomy tone to match.“There is a cycle of mood,” said Alex Karp, chief executive of Palantir Technologies Inc. “You walk around and everyone thinks it’s going to be bad, so it’s going to be bad.” Mr. Karp isn’t alone, but the pessimism he says he’s picking up among other CEOs also isn’t uniform. “It will be…

Anthem Looks to Fuel AI Efforts With Petabytes of Synthetic Data

Anthem Inc.’s chief information officer says he is working with Alphabet Inc.’s Google Cloud to create a synthetic data platform that will let the health insurance company better detect fraud and offer personalized care to its members. Anil Bhatt said the plan is to use algorithms and statistical models to generate approximately 1.5 to 2 petabytes of synthetic data, including artificially generated data sets of medical…

TikTok Is Eating Up Rivals. Can It Keep Users Hooked?

If the sun is setting on Facebook, then TikTok is dancing in the moonlight. How long can its short-form video hold consumers’ fickle attention? Just a few years ago, China-based ByteDance’s TikTok was an app for kids, with videos of anthropomorphic pets or freakishly talented children dancing. Now it seems like everyone is using it, no matter their age. Its growth has come at the expense of its competition, such that just about every social-media company is now pouring money into copycat…

Tech Industry Warns That More Remote-Work Jobs Are Headed Out of U.S.

WASHINGTON—Tech-industry representatives are coming to Capitol Hill this week to warn that the remote-work trend will lead to more offshoring of software developer and other technology jobs unless the U.S. admits more high-skilled immigrants.Remote jobs in tech jumped by more than 420% between January 2020 and last month, growth that was intensified by the pandemic, according to a jobs data review by Tecna, a trade group for regional tech councils. In February, more than 22% of all tech jobs were listed as remote,…

TikTok’s Work Culture: Anxiety, Secrecy and Relentless Pressure

With a seemingly bottomless feed of goof-offs, dance-offs and good-natured pranks, TikTok bills itself as the happiest place on the internet.Fueling its success: an exacting management style and demanding internal culture that belie its buoyant public image, say employees at its U.S. offices. The employees, many of them veterans of other major tech companies, say TikTok emphasizes relentless productivity and secrecy to a degree uncommon in the industry. As TikTok continues its torrid growth, those conditions…

Ad-Tech Firms Didn’t Sound Alarm on False Information in Gannett’s Ad Auctions

At least 15 advertising-technology companies had sufficient information to detect that publisher Gannett Co. GCI 3.19% provided inaccurate data to advertisers for more than nine months, but the firms failed to connect the dots and alert their clients, according to researchers who studied the incident.Gannett, owner of USA Today and news outlets in 46 U.S. states, said it unintentionally provided the wrong information in online ad auctions, due to an error that affected…