{
}
An appeals court has deemed Paige Thompson's sentence for the Capital One data theft too lenient, prompting a new sentencing hearing. Thompson, who stole data from over 100 million applicants and caused $40 million in damages, was originally sentenced to time served and five years of probation. The court emphasized that her personal vulnerabilities should not overshadow the seriousness of her crimes, which could carry up to 20 years in prison.
Nvidia and xAI are set to collaborate with BlackRock, Microsoft, and MGX to advance AI infrastructure development. This partnership aims to leverage the strengths of these industry leaders to enhance capabilities in artificial intelligence technologies.
Accenture's stock plummeted 7% following the cancellation of several multi-million dollar contracts due to cost-cutting measures by Elon Musk’s Department of Government Efficiency. CEO Julie Sweet noted a slowdown in securing new US government contracts, which account for 8% of the company's revenue, and acknowledged ongoing uncertainties as federal priorities shift. Despite the challenges, Sweet expressed optimism about future opportunities to enhance government efficiency.
The "Magnificent Seven," comprising major tech firms like Apple and Microsoft, initially drove stock market growth in 2023-2024. However, following Donald Trump's election, trade policies and economic concerns led to a downturn, rebranding them as the "Evil Seven." Despite recent declines, medium to long-term recovery prospects remain positive, contingent on avoiding a trade war escalation.
Lloyds Banking Group is enhancing its multicloud strategy by migrating its Oracle databases to Oracle Database@Azure, utilizing Oracle Exadata Cloud@Customer for on-premises operations. This collaboration with Oracle aims to accelerate cloud adoption, improve service performance, and deliver innovative products faster, ultimately enhancing customer experience.
Huawei has officially announced the launch of its first HarmonyOS PC in May, marking a significant step in its device ecosystem. The new operating system will feature a unique design tailored for PCs and notebooks, including a status bar and an application dock, while supporting native apps optimized for various screen sizes. However, the device may be limited to the Chinese market, as Huawei continues to offer Windows PCs globally.
NVIDIA and xAI have joined a BlackRock-led initiative, the AI Infrastructure Partnership (AIP), aiming to invest up to $100 billion in AI-ready data centers and energy infrastructure. The partnership, which includes major players like Microsoft and GE Vernova, seeks to address the surging demand for AI computing power, with a focus on projects primarily in the US. As data center load growth is expected to double or triple by 2028, the initiative highlights the increasing convergence of digital infrastructure and energy investment.
Goldman Sachs' president, John Waldron, is seen as a frontrunner to succeed David Solomon as CEO, with a career marked by a strong work ethic and client relationships. Meanwhile, the IPO market is cautiously reopening, with tech start-ups like CoreWeave and Klarna planning listings, although concerns linger due to recent market volatility.
Speculation about a potential merger between insurers Baloise and Helvetia has resurfaced, driven by major shareholder Cevian's influence. While Baloise shares have underperformed compared to Helvetia, analysts consider the merger scenario unlikely despite its intriguing nature. In financial markets, the US dollar strengthened against major currencies ahead of the Fed's interest rate decision, while oil prices fell due to rising US reserves. The SMI index struggled near the 13,000-point mark as investors awaited key interest rate announcements from both the Fed and the Swiss National Bank.
Huawei Technologies is enhancing its autonomy in personal computing by developing the Kirin X90 PC chip, which utilizes SMIC's 7nm technology. This move marks a shift away from reliance on Intel and Microsoft, and the new processor has achieved China's Level 2 national certification.
Microsoft Corporation
Companies
| Symbol | MSFT |
| Name | Microsoft Corporation |
| Currency | USD |
| Sector | Information Technology |
| IndustryGroup | Software & Services |
| Industry | Software |
| Market | NASDAQ Global Select |
| Country | United States |
| State | WA |
| City | Redmond |
| Zipcode | 98052-6399 |
| Website | http://www.microsoft.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
appeals court orders new sentencing for capital one hacker paige thompson
United States Dollar
Capital One Financial Corporation
Microsoft Corporation
Amazon.com, Inc.
USA
CAN
Kat Valentine
Jennifer Sung
Danielle Forrester
Johnnie B. Rawlinson
Paige Thompson
Show more
02:06 21.03.2025
nvidia and xai partner with blackrock and microsoft for ai infrastructure development
18:46 20.03.2025
Accenture shares drop as government contract cancellations impact revenue outlook
Euro
United States Dollar
Microsoft Corporation
Google Inc.
Apple Inc.
Pfizer Inc.
IRL
USA
Elon Musk
Julie Sweet
Donald Trump
Show more
18:12 20.03.2025
US tech giants face challenges amid trade tensions and economic uncertainty
United States Dollar
NVIDIA Corporation
Alphabet Inc.
Microsoft Corporation
Apple Inc.
Tesla, Inc.
Meta Platforms, Inc.
Amazon.com, Inc.
USA
CHN
CAN
MEX
Elon Musk
Donald Trump
Show more
12:26 20.03.2025
Lloyds Banking Group enhances cloud strategy with Oracle Database on Azure
Lloyds Banking Group plc
Microsoft Corporation
Oracle AI USD
USA
GBR
Richard Smith
Joe Soule
Show more
10:45 20.03.2025
Huawei to launch HarmonyOS PC in May with native app support
08:59 20.03.2025
nvidia and xai join blackrock in 100 billion ai infrastructure initiative
United States Dollar
NVIDIA Corporation
Microsoft Corporation
NextEra Energy, Inc.
USA
Tahnoon bin Zayed Al Nahyan
Elon Musk
Show more
06:49 20.03.2025
UAE invests heavily in AI infrastructure amid shifting global market dynamics
Gibraltar Pound
United Arab Emirates Dirham
United States Dollar
BlackRock, Inc.
Energy Capital Partners LLC
SoftBank Corp.
Oracle AI USD
JPMorgan U.S. Research Enhanced Large Cap ETF
Morgan Stanley
OpenAI ERC USD
Microsoft Corporation
Google Inc.
Apple Inc.
The Goldman Sachs Group, Inc.
Deutsche Bank RV Global PP
Eric Platt
Elon Musk
Antoine Gara
Robert Smith
Tabby Kinder
Kaye Wiggins
John Waldron
Ivan Levingston
James Fontanella-Khan
George Hammond
Scott Kirby
Ortenca Aliaj
David M. Solomon
Maria Heeter
Sujeet Indap
Arash Massoudi
Show more
06:01 20.03.2025
global markets react to us interest rate signals and mixed earnings reports
Euro
Swiss Franc
United States Dollar
Alphabet Inc.
Gilead Sciences, Inc.
Amazon.com, Inc.
NVIDIA Corporation
Boeing Co
Microsoft Corporation
Apple Inc.
Tesla, Inc.
The Mosaic Co
Elon Musk
Donald Trump
Jerome Powell
Brian West
Vladimir Putin
Show more
05:11 20.03.2025
Huawei develops Kirin X90 chip with SMIC to reduce US reliance
04:57 20.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Lux Digital Healt
Microsoft Corporation
UBS Group AG
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
BNP Paribas SA
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: