Feb 1 (Reuters) – Meta Platforms Inc’s (META.O) stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook cut its cost outlook for 2023 by $5 billion and projected first-quarter sales that… Continue reading Meta shares soar as company cuts spending, forecasts upbeat first-quarter sales, article with image
Tag: Strategy
The Worldwide EV Charging Adapters Industry is Projected to Reach $5.3 Billion by 2030: Tesla’s Charging Adapter Finds Use at Non-Tesla Public Charging Stations
DUBLIN, Feb. 1, 2023 /PRNewswire/ — The “EV Charging Adapters – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for EV Charging Adapters estimated at US$404.1 Million in the year 2022, is projected to reach a revised size of US$5.3 Billion by 2030, growing at a CAGR of 37.9% over… Continue reading The Worldwide EV Charging Adapters Industry is Projected to Reach $5.3 Billion by 2030: Tesla’s Charging Adapter Finds Use at Non-Tesla Public Charging Stations
Modine Reports Third Quarter Fiscal 2023 Results
Double digit top-line growth and meaningful margin improvement; Company confirms earnings outlook for fiscal 2023 RACINE, Wis., Feb. 1, 2023 /PRNewswire/ — Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2022. Third Quarter Highlights: Net sales of $560.0… Continue reading Modine Reports Third Quarter Fiscal 2023 Results
How can generative AI improve the customer experience?
ChatGPT Generative artificial intelligence (AI) describes algorithms that can be used to create new content, including audio, code, images, text, simulations, and videos. Generative AI algorithms use machine learning models to predict the next word based on previous word sequences, or the next image based on words describing previous images. Generative AI tools can produce… Continue reading How can generative AI improve the customer experience?
Deloitte’s Nitin Mittal on the Secrets of ‘All-In’ AI Success
Artificial intelligence is the new electricity. The fifth industrial revolution. And companies that go all-in on AI are reaping the rewards. So how do you make that happen? That big question — how? — is explored by Nitin Mittal, principal at Deloitte, one of the world’s largest professional services organizations, and co-author Thomas Davenport in… Continue reading Deloitte’s Nitin Mittal on the Secrets of ‘All-In’ AI Success
Novi battery maker Our Next Energy raises $300M in Series B funding round
Electric-vehicle battery maker Our Next Energy said Wednesday that it has raised $300 million in its latest fundraising round, bringing the Novi-based startup’s valuation to more than $1 billion. The latest infusion of investment, combined with economic incentives from the state of Michigan, gives the company the capital needed to launch production at its first… Continue reading Novi battery maker Our Next Energy raises $300M in Series B funding round
CFNA Announces Mastercard® As Exclusive Payments Network for New Bridgestone Private Label and Co-Branded Credit Cards
Mastercard® to become exclusive payments network for CFNA’s new Bridgestone Private Label and Co-Branded credit cards supporting Bridgestone brands Firestone Complete Auto Care, Tires Plus, and Wheel Works. CLEVELAND, Feb. 1, 2023 /PRNewswire/ — Credit First National Association (CFNA), a limited purpose, nationally chartered credit card bank, has entered into a long-term brand agreement with Mastercard®… Continue reading CFNA Announces Mastercard® As Exclusive Payments Network for New Bridgestone Private Label and Co-Branded Credit Cards
@VW Group: Audi deepens software expertise with around 400 new IT positions006577
Using a mixed reality headset in the car to see your real-world environment while keeping an eye on virtual vehicle info: Audi is developing the mobility experiences of tomorrow today – and is using synergies within the Volkswagen Group to do so. As the Group’s software company, CARIAD is working on a unified technology platform.… Continue reading @VW Group: Audi deepens software expertise with around 400 new IT positions006577
Precious and Base Metals Market Size to Reach USD 2,098.52 Billion in 2030 | Emergen Research
VANCOUVER, BC, Feb. 1, 2023 /PRNewswire/ — Precious and base metals market size reached USD 722.40 Billion in 2021 and is expected to register a CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research. Rapid development in the use of electronics in various devices, both for domestic use and electronic… Continue reading Precious and Base Metals Market Size to Reach USD 2,098.52 Billion in 2030 | Emergen Research
ZIM is introducing ZIM Colibri Xpress (ZCX) – a new premium line from South America West Coast to US East Coast
The new independent service will offer an expedited connection with an emphasis on refrigerated cargo HAIFA, Israel, Feb. 1, 2023 /PRNewswire/ — ZIM Integrated Shipping Services Ltd. announced today the launch of ZIM Colibri Xpress (ZCX) – a new premium line from South America West Coast to US East Coast, commencing on the coming weeks from Chile. ZCX will… Continue reading ZIM is introducing ZIM Colibri Xpress (ZCX) – a new premium line from South America West Coast to US East Coast