Google CEO Sundar Pichai has announced the company will invest $1 billion in Africa over the next five years. Pichai made the announcement at the company’s first Google for Africa event. Google sees momentum building across the continent, with startups Read More
White House Wades In As Chip Crisis Poised to Cost Auto Industry $210 Billion
The White House is discussing the ongoing semiconductor crisis with companies as the auto industry is poised to lose $210 billion in revenue. The semiconductor crisis has taken a major toll on the auto industry, with manufacturers around the world Read More
Salesforce Economy to Create 9.3 Million Jobs, $1.6 Trillion in Revenue by 2026
A new report is demonstrating the breadth of the current digital transformation, claiming the Salesforce economy will create 9.3 million jobs and $1.6 trillion in revenue in the next five years. Salesforce is the leading CRM provider in the world, Read More
App Annie Pays $10 Million to Settle SEC Securities Fraud Charge
App Annie, the mobile app data firm, has agreed to pay $10 million to settle SEC charges of securities fraud. According to the SEC, App Annie and its co-founder and former CEO, Bertrand Schmitt, misled customers about how data was Read More
FCC Investigating If Tenants Are Paying Too Much for Broadband
The Federal Communications Commission is investigating if apartment and office tenants are paying too much for broadband. With a large portion of the US population living in Multiple Tenant Environment (MTE) buildings, there’s an increased risk of diminished competition. In Read More
Google Investing $1.2 Billion in Its German Cloud Infrastructure
Google is investing $1.2 billion to expand its cloud infrastructure in Germany, and has committed to using more renewable energy. Google is currently the number three cloud provider worldwide, but CEO Thomas Kurian has made it his goal to take Read More
Reddit Hits $10 Billion Valuation
Reddit has secured another round of funding, bringing the social media company’s valuation to $10 billion. Reddit has been the darling of the social media industry, posting impressive growth, especially compared to its larger rivals. The company has been moving toward Read More
Google Cloud Retail Search to Address $300 Billion E-Commerce Search Abandonment
Google is trying to help the e-commerce industry address a $300 billion abandonment issue with Google Cloud Retail Search. According to Inc. search abandonment — where a user searches for a product but doesn’t click through to the results — costs the Read More
Inflation Only Expected to Last Six Months
Consumers and businesses struggling with inflation received some positive news, with one expert saying it will only last six months. Recent months have seen the fastest-growing inflation rates in a decade, with prices soaring for common items and goods. Many Read More
Google Cloud Retail Search to Address $300 Billion E-Commerce Search Abandonment
Google is trying to help the e-commerce industry address a $300 billion abandonment issue with Google Cloud Retail Search. According to Inc. search abandonment — where a user searches for a product but doesn’t click through to the results — costs the Read More