Author: Lily Evans
Earlier this week, we kicked off a new episode of our “Tech Connects” podcast with a guest. Adam SeligmanVice President of Developer Experience at Amazon Web Services (AWS) AWS launches a portfolio of AI-powered helpers and tools for developers, showcasing how advances in AI and other technologies are rapidly transforming the tech industry. Here is a video of our discussion: The main points from our talk were: Generative AI While generative AI will change the software development landscape, it won't curb the demand for technical talent. There will still be a need for highly skilled, specialized developers, but generative AI…
In June 2023, John David Rainey Barons In his first interview as the chief financial officer of a major retailer, he explained how the world's largest retailer is expanding its business through a technology-first strategy. Now, that strategy is paying off: Walmart shares soared after the company reported strong first-quarter results and outlook on May 16, buoyed by a growing consumer focus on value and increased business from more affluent customers. But the quarter also highlighted successes outside Walmart's core retail business, from the expansion of high-margin advertising to the efficiencies of its automated supply chain. “Last year wasn't without…
Alibaba Group Holding The company will issue up to $5 billion in convertible bonds to fund share buybacks, and executives have declared e-commerce and cloud computing core businesses in an effort to “clarify its strategy.”The Hangzhou-based company, which also owns the South China Morning Post, said it plans to raise nearly $4.5 billion in the initial sale and give buyers the option to buy up to $500 million worth of bonds, according to filings with the Hong Kong and New York stock exchanges on Friday and Thursday.The convertible bond offering is Asia's largest and the world's largest since 2008, and…
A global labor shortage estimated to reach 80 million by 2030 is expected to provide a big boost to technology stocks. Tom LeeResearch Director of Fundstrat Global Advisors. what happenedAccording to Business Insider, Li predicts that the technology sector's share of the S&P 500 will increase to 50% from the current 30%, citing artificial intelligence's potential to boost productivity and address looming labor shortages. Lee's statement: NVIDIA(NASDAQ:NVDA) reported impressive first quarter earnings, sending the company's stock up 10%. He believes the AI story is still in its early stages and that there will be a shift from traditional wage expenditures…
Petra Kohn poses for a photograph after receiving her diploma during the New Tech Institute's 2024 graduation ceremony at AIS Diamond on Thursday, May 23, 2024.McCabe Brown / Courier & PressThe 2024 New Tech Institute graduation ceremony will be held on Thursday, May 23, 2024 at AIS Diamond.McCabe Brown / Courier & PressEmily Rudolph gives an introduction during the 2024 New Tech Institute graduation ceremony on Thursday, May 23, 2024 at AIS Diamond.McCabe Brown / Courier & PressThe 2024 New Tech Institute graduation ceremony will be held on Thursday, May 23, 2024 at AIS Diamond.McCabe Brown / Courier & PressMackenzie…
Facing another consolation game in the Big 12 Tournament at Globe Life Field in Arlington, Texas, the Cincinnati Bearcats picked a night to get off to a bad start.Short on pitching, the Bearcats had to start Michael Conte for the first time this season. Conte has primarily been a relief pitcher, but playing consecutive days in Big 12 games could put a strain on him.In the first two innings, Texas Tech scored eight runs on six hits off Conte, leading the Red Raiders to a 10-5 victory over the Bearcats.”I thought Mike pitched pretty well. We had a couple of…
Lidar Systems CEO Robert Sanchez's push into EVs requires a catalyst to make the technology more economically and operationally feasible for the commercial trucking industry. During a keynote address at this year's ACT Expo in Las Vegas, Sanchez spoke candidly about how electric trucks will fit into his company's fleet. “From our perspective, commercial EVs need a breakthrough in battery technology and an expanded charging infrastructure to function in the real world. We need a tipping point of a credible technology breakthrough that will trigger mass adoption of the new technology,” said Sanchez, backing up his point with the evolution…
Disney CEO talks brand building and maintaining company culture at Canva Create's inaugural event in LA New technology is a friend, not a foe, to Hollywood's creative community. That was the message Disney CEO Bob Iger conveyed during his keynote address at the Canva Create showcase event held at SoFi Stadium and Hollywood Park on Thursday morning. Iger, an investor and director of the privately held online design platform, praised Canva for embracing the potential of generative AI tools and other cutting-edge technologies to make premium visual media design tools easily accessible to the masses. Sydney, Australia-based Canva has emerged…
Big technology companies are reportedly increasing investments in artificial intelligence (AI) infrastructure, especially with a focus on expanding their presence in international markets. The Wall Street Journal reported on Thursday, May 23 that Microsoft and Amazon have already allocated a combined total of more than $40 billion this year to AI-related and data center projects around the world. Microsoft has outlined plans to invest over $16 billion in various countries, including France, Germany, Japan, Malaysia, Spain and Indonesia, the report said. Similarly, Amazon plans to invest $15 billion in Japan, $9 billion in Singapore, $5 billion in Mexico and $1.3…
As police departments and emergency call centers struggle to recruit and retain staff, government technology suppliers are trying to help, developing tools that could ease the strain on employees from a business perspective.The ongoing staffing shortage is a major part of supplier sales pitches for 2024. Every public safety product launch seems to be about making it easier for emergency response agencies to do more rather than less.That may well be true.But while this trend is still in its early stages, two stories are emerging: First, given the pace of research and development, staffing shortages today will impact product deployments…