Xiaomi bets on new EV SU7; targets potential 20 million premium users

Xiaomi bets on new EV SU7; targets potential 20 million premium users

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market. “We … Read more

Arrivals are up but the details matter

Arrivals are up but the details matter

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tourist arrivals are up in Asia-Pacific, but details behind the numbers show which countries are making the biggest strides towards making a full recovery, reports CNBC’s Monica Pitrelli. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of … Read more

Google pauses Gemini AI image generator after ‘inaccuracies’

Google pauses Gemini AI image generator after ‘inaccuracies’

Betul Abali | Anadolu | Getty Images Google on Thursday announced it is pausing its Gemini artificial intelligence image generation feature after saying it offers “inaccuracies” in historical pictures. Users on social media had been complaining that the AI tool generates images of historical figures — like the U.S. Founding Fathers — as people of … Read more

Red Sea battle expands with EU stepping up its efforts against Houthis

Red Sea battle expands with EU stepping up its efforts against Houthis

The battle for the freedom of navigation in the Red Sea has expanded with the entrance of a European Commission naval defense effort in the past week, and more U.S. and allied strikes against Houthi land targets over the weekend, but to date, combined military efforts have not deterred rebel attacks. On Saturday evening, United … Read more

Jim Cramer says Nvidia CEO Jensen Huang is a bigger visionary than Elon Musk

Jim Cramer says Nvidia CEO Jensen Huang is a bigger visionary than Elon Musk

CNBC’s Jim Cramer said Thursday he believes Jensen Huang — the co-founder and CEO of leading artificial intelligence chipmaker Nvidia — is a bigger visionary than billionaire entrepreneur Elon Musk, whose panoply of companies includes Tesla , rocket maker SpaceX and brain-tech startup Neuralink. “I think that Musk can see around the corner, but I … Read more

AI and semiconductor stocks surge after Nvidia’s earnings beat

AI and semiconductor stocks surge after Nvidia’s earnings beat

A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence and semiconductor chip stocks rallied Thursday after U.S. chip design firm Nvidia beat Wall Street’s expectations for fourth-quarter earnings and revenue on Wednesday and projected … Read more

Impact of ₹2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in February

Impact of ₹2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in February

 On May 19, 2023, RBI announced withdrawal of ₹2,000 denomination banknotes from circulation. File. | Photo Credit: R. RAGU The growth in currency in circulation decelerated to 3.7% for the week ended February 9 from 8.2% a year ago, reflecting the impact of the decision of the Reserve Bank of India (RBI) to withdraw ₹2,000 … Read more

San Jose bakery loses thousands of dollars after Tesla reportedly cancels large order

San Jose bakery loses thousands of dollars after Tesla reportedly cancels large order

Voahangy Rasetarinera speaks on San Jose bakery loss of thousands of dollars after Tesla cancels large order. Kris Sanchez | NBC Bay Area A catering contract to celebrate Black Heritage Month turned into a tough lesson for a Black-owned bakery in the South Bay earlier this month. What started as a $16,000 deal ended up … Read more

Jim Cramer on Boeing, Etsy, Moderna, Rivian, Royal Caribbean, Southwest

Jim Cramer on Boeing, Etsy, Moderna, Rivian, Royal Caribbean, Southwest

Boeing : The aircraft maker changed leadership of its embattled 737 Max program. “Doesn’t matter. Boeing, the leadership from the top is the only leadership government cares about,” Jim Cramer said Thursday. Dow stock Boeing was down slightly. Etsy : Shares of the online marketplace for handmade goods dropped 8% on an earnings miss and … Read more

Grab posts first profitable quarter, announces share buyback

Grab posts first profitable quarter, announces share buyback

A attendee walks past a banner with a Grab logo before a bell-ringing ceremony as Grab begins trading on the Nasdaq, in Singapore, on Thursday, Dec. 2, 2021. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Grab posted its first-ever profitable quarter, raking in $11 million in profit, the Southeast Asian ride-hailing giant said … Read more