Electric car sales increased to more than 10 million in 2022, with China accounting for around 60% of the market, according to a report released by the International Energy Agency. The record sales figures for electric cars continue a trend of continuous growth for the industry. The IEA’s report said, “Electric car sales — including…
Google has been investing a lot of money into its cloud-computing business to compete with Microsoft and Amazon. Those high investments are ultimately turned into a profit. Alphabet said that Google’s cloud-computing business is profitable for the first time after years of heavy investment. According to Alphabet’s earnings statement, “The segment generated $191 million in operating income…
Amazon CEO Andy Jassy said he doesn’t pay much attention to the company’s stock price, even after the shares lost half their value in 2022 amid fears of a recession and a bad year for tech stocks across the board. Jassy said, “I don’t spend a lot of my time focused on the stock price.” Jassy…
Meta’s top leaders, including CEO Mark Zuckerberg, chief technology officer Andrew Bosworth, and chief product officer Chris Cox are spending most of their precious time working on artificial intelligence, according to an interview Bosworth gave to Nikkei Asia Wednesday. Bosworth expressed that some of this work will benefit the metaverse to build the digital world. This shows…
