HKEX Looks to Move Away From Fax Machines By Automating ETF Platform
Hong Kong’s stock exchange is looking to automate its handling of exchange-traded products in a bid to streamline
2023-05-31 13:01
Tim Cook says Apple is building AI into ‘every product’ amid questions over its plans
Artificial intelligence and machine learning are “virtually embedded in every product”, Apple chief executive Tim Cook has said, amid ongoing questions over the company’s plans. In recent months, as hype over AI has increased and most of Apple’s competitors have rolled out new features making use of the technology, Apple has stayed largely silent on its plans. During its recent Worldwide Developers Conference keynote event, for instance, it did not mention the world artificial intelligence at all. That has led to concerns from some analysts that the company is failing to keep up with the quickly advancing technology, and that it could miss out on the opportunities it could bring. But Tim Cook said Apple has been looking into artificial intelligence “for years” and that it was increasing that investment. Mr Cook made the comments as the company revealed its latest results, which showed a slump in sales of many of its products that was slightly offset by the increasing success of its services division. He also said that the technology are central the design of its products, indicating that it was wrong to suggest that Apple had not yet integrated the technologies into its products. “We view AI and ML as fundamental core technologies. And they are virtually embedded in every product that we build,” Mr Cook told CNBC in an interview. “On a research basis, we’ve been doing research for on AI and machine learning, including generative AI, for years,” he added. The chief executive also said that Apple’s focus on artificial intelligence was one of the reasons that the results showed an increase in spending on research and development. “We’re going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people’s lives,” Cook said. “Obviously, we’re investing a lot, and it is showing up in the R&D spending that you’re looking at.” Read More Apple results show sales slumping Apple planning new version of AirTags – but not for some time The iPhone 15 is going to help Apple achieve one very big dream
2023-08-05 01:08
Gold is losing its dazzle
Gold is facing tough competition this year as the preferred haven for cautious investors.
2023-10-06 19:36
How tall is Chris Hemsworth? Actor lied about his height to get roles
'I’d only get cast or auditioned for the football player or something,' the 40-year-old Australian star said, referring to his height
2023-08-26 16:10
Lens comeback stuns Arsenal in Champions League
Arsenal slumped to a first defeat of the season on Tuesday as Lens came from behind to win a pulsating Champions League clash 2-1 in France thanks to a...
2023-10-04 06:18
Peer Pressure: 10 Facts About Jury Duty
Failing to appear can mean a fine, jail time, or being forced to write an essay about the importance of serving.
2023-11-22 01:00
Roundup: Donald Trump Will Turn Himself In, Lee Fitting Out at ESPN, Jim Harbaugh's Looming Suspension
Former NBA employee calls out league on its own Facebook page ... Michigan and Jim Harbaugh still trying to figure it all out ... The New York Yankees' season has been over for a long time ... Lee Fitting surprisingly out at ESPN ... Amazon's Thursday Night Football looking to continue to skew a bit younger ... Keyshawn Johnson likely to join Undisputed cast ... Prime Minister Justin Trudeau thanks Canadians for support after separation from wife ... Rihanna delivers her second child ... Even the most popular bands have some unpopular songs ... Atlanta street racing event video is really hard to watch ... Donald Trump planning to turn himself in ...
2023-08-22 19:00
UK employers curb hiring at fastest rate in over 3 years: REC
By David Milliken LONDON British employers concerned about the economic outlook reduced the number of workers they hired
2023-09-08 07:12
Former high-level FBI official hoping to resolve criminal case stemming from alleged scheme to help sanctioned Russian oligarch
A lawyer for Charles McGonigal, the former head of counterintelligence for the FBI's New York field office who has been charged with concealing $225,000 he allegedly received from a former Albanian intelligence employee, said he expects the case against his client in Washington, DC, to be resolved without going to trial.
2023-08-04 23:41
Channel migrants: More than 600 people cross in one day
The Home Office says 616 people crossed the Channel on Sunday - the highest daily number this year.
2023-06-13 11:26
Ukraine-Russia war - live: Putin ‘may use sea mines to attack civilian ships and blame Kyiv’
Russia may use sea mines to target non-military ships and blame Ukraine for any attacks, the British government has said. Declassified intelligence warned last month that the Russian military had attempted a missile strike against a cargo ship in the Black Sea. The UK believes Russia could continue targeting civilian shipping, including by laying explosive devices in the approach to Ukrainian ports. However, Vladimir Putin’s army wants to openly avoid sinking ships in order to blame Ukraine for attacks, the government said. Foreign secretary James Cleverly said: “Russia’s pernicious targeting of civilian shipping in the Black Sea demonstrates Putin’s total disregard for civilian lives and the needs of the world’s most vulnerable. “The world is watching – and we see right through Russia’s cynical attempts to lay blame on Ukraine for their attacks. We and our allies stand united against Putin and his attempts to harm Ukraine, and thus harm the rest of the world.” Read More Former Russian state TV journalist gets 8 1/2-year sentence in absentia for Ukraine war criticism Russia facing ‘functional defeat’ in the Black Sea – but Kyiv allies warn they are running out of ammunition Russia may attack civilian ships with sea mines and blame Ukraine, UK warns
2023-10-05 13:15
Franklin Templeton’s Cryer Awaits Wider Junk Spreads on Defaults
More junk-rated companies are likely to default on their debt as the US economy slows, according to Franklin
2023-09-29 06:34
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