{
}
Goodman Group is strategically investing in data centres, capitalising on the growing demand for secure storage solutions in the digital economy. While the company has garnered investor interest, caution is advised due to its high price-to-earnings ratio amid modest earnings growth. Despite this, Goodman's strong performance history positions it as a valuable long-term investment in the expanding data centre sector.
Perplexity AI is nearing the completion of a $500 million funding round, boosting its valuation to $9 billion, up from $3 billion in June. The startup, which competes with Google and OpenAI, has faced controversy over alleged content plagiarism but has introduced a revenue-sharing model for publishers. With over 2 million app downloads and 230 million monthly queries, Perplexity continues to grow amid the generative AI boom.
Elon Musk's takeover of Twitter has significantly shifted the landscape of social media, enabling a surge in right-wing conspiracy theories and misinformation, particularly in the lead-up to the US presidential election. His actions have not only drawn attention to his own platform but have also allowed other tech companies to reduce their safety measures without facing scrutiny. This change in norms has raised concerns about the overall safety and reliability of information on social media, as Musk's influence overshadows the declining standards across the industry.
The global fitness app market is projected to experience significant growth, reaching over $5 billion and expanding at a CAGR of approximately 25% from 2021 to 2027. North America is expected to witness the highest growth, driven by increased smartphone usage and consumer reliance on digital platforms.
On October 19, an incident involving Google's Content Delivery Network highlighted significant risks associated with technology platforms, affecting various sectors including healthcare and finance. Clusit emphasizes the need for secure and resilient IT infrastructures to prevent serious consequences from operational failures or malicious actions. The organization calls for transparency regarding platform performance to ensure public awareness and informed decision-making.
Southeast Asia's internet economy is projected to grow by only 15% this year, reaching $263 billion, marking its slowest growth since at least 2017. This decline reflects weakened consumer demand and a shift towards prioritizing profits over revenue. Additionally, private funding in the region is expected to hit its lowest level this year.
Financial markets are increasingly favoring a Trump victory as the final election polls are released and in-person voting continues. Investors are actively placing bets through various channels, with most backing Trump, although his lead over Kamala Harris has recently narrowed.
Meta has extended its ban on new political ads on Facebook and Instagram beyond Election Day, with the restriction continuing "until later this week." The company allows previously running ads to continue but limits editing capabilities for eligible advertisers. This policy mirrors actions taken in 2020, aimed at preventing the spread of unverified claims during critical election periods.
Investors are reassured by the strong quarterly results of major tech companies, despite concerns over their large investments in generative AI. Amazon's AI revenue for AWS is reportedly growing at triple-digit rates, significantly outpacing its early growth in cloud computing.
Robot startup Physical Intelligence has raised $400 million at a $2.4 billion valuation, with investments from Jeff Bezos, OpenAI, and others. The company aims to integrate general-purpose AI into robotics, aspiring to develop artificial general intelligence that allows users to command robots for various tasks.
Google Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Goodman Group's strategic shift towards data centres attracts investor interest
07:23 06.11.2024
perplexity ai nearing 500 million funding round at 9 billion valuation
United States Dollar
OpenAI
Google Inc.
Institutional Venture Partners XVIII Access LLC
Microsoft Corporation
Perplexity AI
USA
Dmitry Shevelenko
Show more
00:16 06.11.2024
musk's twitter takeover shifts focus from tech accountability to misinformation
United States Dollar
Google Inc.
Aqua Metals, Inc.
Amazon.com, Inc.
Twitter Inc.
USA
Sundar Pichai
Elon Musk
Jeff Bezos
Donald Trump
Mark Zuckerberg
Show more
20:41 05.11.2024
global fitness app market projected to grow significantly by 2027
16:23 05.11.2024
risks of technology platforms highlighted by recent google service disruption
14:03 05.11.2024
southeast asia digital economy growth slows as consumer spending declines
04:15 05.11.2024
investors favor trump in final election betting despite narrowing lead
03:25 05.11.2024
meta extends political ad ban beyond election day amid ongoing discussions on ai
Samsung Electronics
Aqua Metals, Inc.
Google Inc.
Alphabet Inc.
USA
Jay Y. Lee
Mark Zuckerberg
Show more
00:57 05.11.2024
big tech sees rapid growth in ai cloud services amid investor concerns
22:16 04.11.2024
jeff bezos and openai back robot startup physical intelligence at 2.4 billion valuation
United States Dollar
OpenAI
Amazon.com, Inc.
Google Inc.
Tesla, Inc.
Microsoft Corporation
USA
Elon Musk
Jeff Bezos
Sam Altman
Show more
19:50 04.11.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Government Economic Policies
CEO Changes
Market Analysis and Predictions
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
JPMorgan Chase & Co.
Apple Inc.
Tesla, Inc.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Banco Santander, S.A.
Berkshire Hathaway Inc.
UBS Group AG
Lloyds Banking Group plc
SpaceXCoin USD
Morgan Stanley
Amazon.com, Inc.
Bank of America Corporation
Wells Fargo & Company
BNP Paribas SA
NVIDIA Corporation
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
Vietnamese Đồng
South Korean Won
Canadian Dollar
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Scott Bessent
Stacey Friedman
George Saravelos
Alex Kramm
Susan P. Crawford
Francois Xavier Bouvignies
Joseph Spak
Stefan Rauti