br00t4c, to business
@br00t4c@mastodon.social avatar
br00t4c, to business
@br00t4c@mastodon.social avatar

Telstra says slashing almost a tenth of its workforce will help save $350 million. Why is the business under pressure?

https://www.crikey.com.au/2024/05/23/telstra-telecommunications-artificial-intelligence-workforce-restructure/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s 10-year sovereign bond yield reached the key psychological level of 1% for the first time since the Bank of Japan ramped up unprecedented stimulus measures in 2013. https://www.japantimes.co.jp/business/2024/05/22/markets/japan-10-year-bond-yield/ #business #markets #boj #japaneseeconomy #bonds

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Norinchukin, Japan's top agricultural bank, plans to raise ¥1.2 trillion ($7.7 billion) and reshape its overseas investments after significant losses on its bond holdings. https://www.japantimes.co.jp/business/2024/05/22/companies/norinchukin-bank-victim-of-surging-us-interest-rates/

br00t4c, to business
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thejapantimes, to business
@thejapantimes@mastodon.social avatar

Sixteen companies at the forefront of developing artificial intelligence have pledged at a global meeting to develop the technology safely at a time when regulators are scrambling to keep up with rapid innovation and emerging risks. https://www.japantimes.co.jp/business/2024/05/22/companies/ai-summit-safety-commitments-companies/

thejapantimes, to business
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Japan’s imports rebounded in April as the weak yen boosted their value, pushing the nation’s trade balance into deficit and highlighting the increasing economic burden stemming from the currency’s plunge. https://www.japantimes.co.jp/business/2024/05/22/economy/japan-trade-deficit-weak-yen-impact/

thejapantimes, to business
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Carlyle Group raised ¥430 billion ($2.8 billion) for its fifth Japan buyout fund, adding to signs of investor interest in the country despite a gloomy fundraising climate for private equity firms globally. https://www.japantimes.co.jp/business/2024/05/21/carlyle-largest-japan-buyout-fund/

br00t4c, to business
@br00t4c@mastodon.social avatar
paninid, to business
@paninid@mastodon.world avatar

My experience has been that VCs are pattern-matchers, who spent the last 15 years finding founders and #business models which subverted any inefficient, good-faith system, abstracted away inefficiencies with code, and relied on the repeated use of the #software to generate some free #cashflow, which was the justification for the book value, that would be used to offload the speculative asset to public #markets, or subsequent #investors.

1/6

br00t4c, to business
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Nestle is launching a food brand designed for Ozempic and Wegovy users

https://qz.com/nestle-wegovy-ozempic-vital-pursuit-1851490309

mountdiscovery, to random
@mountdiscovery@flipboard.social avatar

Watching this laptop buying guide by @SomeGadgetGuy after the recent announcement of Microsoft's Surface running on the new ARM chips from Qualcomm

Like him, I too am interested in all the new Laptops not only by Microsoft but the many OEMs (HP. Dell, Asus, Acer etc) that will hit the market in a short time, not for the AI features but for our usual day-to-day computing on devices that are now on a different architecture that will have long-lasting battery, run silently, and have plenty of performance for our tasks.

Also, looking into the chips themselves and what specs they're paired with the system RAM depending upon core counts, and performances

https://www.youtube.com/watch?v=IcGOGGG6TJE

SomeGadgetGuy,
@SomeGadgetGuy@techhub.social avatar

@RealGene @mountdiscovery
At launch it will be a massive pain and totally broken, but if we see SOME traction in the business space, it'll improve fast. Lenovo is already putting some pressure on there.

Just last week, Qualcomm announced better kernel support for Linux, and they've published an experimental debian build.

https://www.qualcomm.com/developer/blog/2024/05/upstreaming-linux-kernel-support-for-the-snapdragon-x-elite

#tech #technews #linux #qualcomm #business

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Norinchukin Bank is considering raising $7.7 billion to boost capital and cover losses arising from a plan to get rid of low-yielding foreign bonds, a person familiar the matter said. https://www.japantimes.co.jp/business/2024/05/21/companies/japan-norinchukin-bank-fundraising/ #business #companies #norinchukin #banks #investments

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Major Japanese companies agreed to raise monthly pay by 5.58% on average in this year's spring labor-management wage talks, according to the first tally by the Japan Business Federation. https://www.japantimes.co.jp/business/2024/05/21/companies/japan-big-firms-pay-hike/ #business #companies #wages #inflation #keidanren

br00t4c, to business
@br00t4c@mastodon.social avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

Martin Gruenberg will step down as head of the Federal Deposit Insurance Corp. after a report on the toxic working environment at the bank regulator put him at the center of a heated political fight. https://www.japantimes.co.jp/business/2024/05/21/fdic-toxic-workplace-report/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan aims to win a 30% share of the global market for software-defined vehicles designed to improve performance by upgrading software rather than hardware, the industry and transport ministries said. https://www.japantimes.co.jp/business/2024/05/21/economy/japan-next-generation-cars/ #business #economy #cars #carmakers #selfdriving #electricvehicles

thejapantimes, to business
@thejapantimes@mastodon.social avatar

A U.S. congressional investigation released Monday found that carmakers BMW, Jaguar Land Rover and Volkswagen had used components from a Chinese supplier banned in the United States over alleged forced labor ties. https://www.japantimes.co.jp/business/2024/05/21/us-forced-labor-automakers/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Can India create 115 million jobs by 2030? A study suggests that Asia’s third-largest economy will need to generate 16.5 million jobs yearly to keep the economy expanding. https://www.japantimes.co.jp/business/2024/05/21/india-115-million-jobs-2030/

br00t4c, to business
@br00t4c@mastodon.social avatar
SomeGadgetGuy, to tech
@SomeGadgetGuy@techhub.social avatar

Give a share and come join the chat! We've got Tech News to talk about! https://www.twitch.tv/somegadgetguy

Microsoft is about to kick off BUILD, and showing new Windows on ARM PCs! AZ is suing Amazon over unfair business practices! iFixit digs even deeper into how much wireless charging sucks. And maybe the Dead Internet theory is true?

#tech #technology #geek #podcast #livestream #technews #bbtg #business #microsoft #windows #windows11 #windowsonarm #Amazon #businessnews #news #linux #ifixit

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan's large manufacturers see exchange rate stability as the biggest factor they want out of the central bank's monetary policy, a Bank of Japan survey shows. https://www.japantimes.co.jp/business/2024/05/20/companies/japan-firms-want-boj-to-stabilize-yen/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Tesla is offering discounts and service improvements to appease European leasing companies frustrated by price cuts, slow repairs, and high costs, which have hurt fleet values and strained customer relationships. https://www.japantimes.co.jp/business/2024/05/20/companies/tesla-damage-control-discounts-europe/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan's benchmark government bond yield climbed to the highest since 2013 as many expect the central bank is committed to normalizing interest rates and supporting the struggling yen. https://www.japantimes.co.jp/business/2024/05/20/markets/japan-10-year-bond-yield-record-high/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Bain Capital says it plans to bolster its real estate team in Japan, making it the latest global investment firm seeking to capitalize on opportunities in the nation’s property market. https://www.japantimes.co.jp/business/2024/05/20/companies/bain-capital-to-boost-japan-real-estate-team/

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