Tag: fast
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American Lyles still hungry in off year
NEW YORK, July 23 : There is no such thing as an off year for Noah Lyles, as the Olympic gold medallist cruised through the opening heats of the 100 metres at the U.S. championships on Thursday, hungry to fit more competition into his calendar.A year without an Olympics or world championships has deprived the
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Argentina defender Otamendi retires from international football
July 23 : Argentina defender Nicolas Otamendi announced his retirement from international football on Thursday, bringing the curtain down on a 17-year career during which he won the 2022 World Cup and two Copa America titles.The 38-year-old centre back made 139 appearances for his country and was part of the
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Russian head of FIDE suspends activity over EU sanctions
July 23 : Arkady Dvorkovich, the Russian president of the International Chess Federation (FIDE), said on Friday he was suspending his activity with the organisation after being placed on the latest European Union sanctions list. The EU’s 21st sanctions package, issued in connection with Russia’s 2022 invasion
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AI boom raises stakes ahead of South Korea court ruling on SK chairman divorce payout
SEOUL, July 24 : A South Korean court is due to rule on Friday on how much SK Group Chairman Chey Tae-won must pay his former wife, Roh Soh-yeong, in a high-profile divorce case that has drawn attention to the billionaire’s stake in the country’s second-largest conglomerate. The Seoul High Court is scheduled
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Intel forecast crushes estimates as AI boom boosts chip demand; shares jump
July 23 : Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 10 per cent in after-hours trade, and boosted spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). The company expects third-quarte
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Digital Realty raises annual FFO forecast on robust data center demand
July 23 : Digital Realty Trust raised its full-year forecast for funds from operations on Thursday, betting on resilient leasing momentum from cloud and AI customers to drive growth, sending its shares up 3 per cent in extended trading. Austin, Texas-based Digital Realty is a real estate investment trust
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Pentagon awards Oracle nearly $7 billion deal in latest software consolidation push
WASHINGTON, July 23 : The Pentagon announced on Thursday a nearly $7 billion, up-to-10-year agreement with Oracle to consolidate the department’s on-premises software licenses into a single contract, the latest move by the Pentagon’s technology chief to cut costs by eliminating fragmented purchasing.The Enter
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Trading Day: Burn, baby, burn
ORLANDO, Florida, July 23 : European and U.S. stocks slumped while bond yields shot higher on Thursday, with global markets rocked by oil’s surge above $100 a barrel and earnings reports from two U.S. “Big Tech” companies that showed they are burning through cash at an alarming rate. If you have more time to
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Nvidia, Amkor strike $1.5 billion chip packaging deal
July 23 : Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the U.S., as the chip industry races to build out AI infrastructure.Shares of the semiconductor packaging company jumped 17 per cent
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SAP CFO says AI must move beyond chatbot ‘low-hanging fruit’ before seeing returns
July 23 : SAP’s finance chief said on Thursday that artificial intelligence in enterprise software must move beyond chatbots and coding tools into more complex business processes, where clean data, reliability and cost control matter more than access to the most powerful model.Companies have poured money into
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