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    The AI arms race costs money

    By Press RoomJanuary 8, 20250

    This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter…

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    Asian stocks slip, dollar boosted by US rate outlook By Reuters

    By Press RoomJanuary 8, 20250

    By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks fell on Wednesday, with a robust dollar keeping the yen, yuan and the…

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    Indonesia e-commerce firm Bukalapak to stop selling physical goods as competition mounts By Reuters

    By Press RoomJanuary 8, 20250

    JAKARTA (Reuters) – Indonesian e-commerce firm Bukalapak said on Tuesday that it would stop selling physical items on its marketplace…

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    Gold prices muted as US rate jitters build By Investing.com

    By Press RoomJanuary 8, 20250

    Investing.com– Gold prices moved little in Asian trade on Wednesday, coming under pressure from a rebound in the dollar as…

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    Amazon Web Services infrastructure region for Asia Pacific, $5B investment in Thailand

    By Press RoomJanuary 8, 20250

    krblokhin/iStock Editorial via Getty Images Amazon Web Services, part of Amazon (NASDAQ:AMZN), launched the AWS Asia Pacific (Thailand) Region, marking…

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    Bridgewater Cut 7% of Its Staff in a Push to Stay Lean

    By Press RoomJanuary 8, 20250

    Bridgewater Associates cut 7% of staff, or about 90 people.The hedge fund, which manages $172 billion, is known for its…

    Jordan plans meeting with Zuckerberg after Meta eliminates fact-check program

    By Press RoomJanuary 8, 20250

    Judiciary Chair Jim Jordan told reporters that he’s meeting with Mark Zuckerberg in the next few weeks, as the Meta…

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    Mark Cuban slams the pharma business: “There’s nobody who looks at the healthcare system or the pharmaceutical industry and says ‘wow, that’s well run.'”

    By Press RoomJanuary 8, 20250

    © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use…

    One early report on congestion pricing in NYC

    By Press RoomJanuary 8, 20250

    That is my latest Bloomberg column, here is one bit: The core version of the plan stipulates a $9 toll for drivers…

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    Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business

    By Press RoomJanuary 8, 20250

    Samsung Electronics estimated operating profit more than doubled in the fourth quarter from the previous year, but its numbers on…

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