Business | Technology in Business https://www.technology-in-business.net Helping Business get more from technology Fri, 09 Feb 2024 09:13:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://www.technology-in-business.net/wp-content/uploads/2016/06/cropped-Tib-Website-Image-32x32.png Business | Technology in Business https://www.technology-in-business.net 32 32 The Future Of Online Shopping | CNBC Marathon https://www.technology-in-business.net/the-future-of-online-shopping-cnbc-marathon/ Fri, 09 Feb 2024 09:44:26 +0000 https://www.technology-in-business.net/?p=2029611 The Future Of Online Shopping | CNBC Marathon CNBC Marathon explores how companies like Amazon, Walmart and their competitors are[...]

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The Future Of Online Shopping | CNBC Marathon

CNBC Marathon explores how companies like Amazon, Walmart and their competitors are shifting their marketing and business strategies to compete in today’s economy. Quietly launching its app in September 2022, it only took Temu a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February 2023, the 5-month-old company made its TV debut during Super Bowl LVII, airing two commercial spots totaling an estimated $14 million. With an annual advertising budget of about $1.4 billion, Temu is focused on aggregating a user base of nearly 100 million people by year-end. Walmart employs more people than any other company in the world and is the country’s largest grocer. But when it comes to e-commerce, Amazon is the clear leader, with 39.5% of the market share compared to Walmart’s 7%. Now Walmart has ambitious new plans, and new leadership, to try and catch up. Livestream shopping took China by storm during the pandemic, growing into an estimated $423 billion market in 2022. The trend has caught on more slowly in the U.S., but now Amazon, TikTok, YouTube and Shopify are making big investments in hopes it takes off. CNBC goes behind the scenes with creators like Myriam Sandler to find out what it’s like to sell via livestream, and what it’ll take for the emerging model to become a mainstream way that U.S. consumers shop. Credit to : CNBC MarathonThe post The Future Of Online Shopping | CNBC Marathon first appeared on Technology in Business.]]> The Untold Story Of Samsung’s Growing Chip Business https://www.technology-in-business.net/the-untold-story-of-samsungs-growing-chip-business/ Fri, 04 Aug 2023 19:12:29 +0000 https://www.technews.pcn-channel.com/?p=1998503 A rare look inside Samsung’s Chip Business Samsung may be known for android phones, TVs and appliances, but it’s also[...]

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A rare look inside Samsung’s Chip Business

Samsung may be known for android phones, TVs and appliances, but it’s also been the undisputed leader in memory for more than three decades. Now, as memory prices continue to fall, it’s doubling down on manufacturing chips for outside customers, with a $17 billion new chip fab in Texas and new $228 billion cluster in South Korea. CNBC got a rare look inside Samsung’s chip business to bring you the untold story of how it became the world’s second biggest advanced chipmaker, just as it makes plans to catch the industry leader TSMC.

Chapters:
00:00 – Introduction
02:31 — From fish to microchips
06:10 — Making more chips in the U.S.
11:17 — Concerns and controversy
14:40 — Ambitious road map ahead
 
Credit to : CNBC

The post The Untold Story Of Samsung’s Growing Chip Business first appeared on Technology in Business.]]> How the Cellphone Market is Transforming | CNBC Marathon https://www.technology-in-business.net/how-the-cellphone-market-is-transforming-cnbc-marathon/ Fri, 21 Jul 2023 13:49:59 +0000 https://www.technews.pcn-channel.com/?p=40338 Cellphone Market Made in China. It’s a common phrase known by many. Cellphones, TV screens and game consoles are just[...]

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Cellphone Market

Made in China. It’s a common phrase known by many. Cellphones, TV screens and game consoles are just some of the millions of electronics manufactured and imported from China to the U.S. daily. China has controlled the smartphone manufacturing market for years. While some industries, like the semiconductor industry and the EV battery market, are scrambling to build new factories across the U.S., tech giants like Apple and Google are not making the same effort to do that. CNBC explores why tech giants produce phones abroad and whether it makes sense to move production to America.

Credit CNBC

The post How the Cellphone Market is Transforming | CNBC Marathon first appeared on Technology in Business.]]> AI Expert: We Urgently Need Ethical Guidelines & Safeguards to Limit Risk of Artificial Intelligence https://www.technology-in-business.net/ai-expert-we-urgently-need-ethical-guidelines-safeguards-to-limit-risk-of-artificial-intelligence-2/ Mon, 03 Jul 2023 20:17:22 +0000 https://www.technology-in-business.net/?p=32660 Artificial Intelligence News In a dramatic hearing Tuesday, the CEO of the startup behind ChatGPT warned Congress about the dangers[...]

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Artificial Intelligence News

In a dramatic hearing Tuesday, the CEO of the startup behind ChatGPT warned Congress about the dangers of artificial intelligence — his company’s own product. We discuss how to regulate AI and establish ethical guidelines with Marc Rotenberg, executive director of the Center for AI and Digital Policy. “We don’t have the expertise in government for the rapid technological change that’s now taking place,” says Rotenberg.

Credit Democracy Now!

The post AI Expert: We Urgently Need Ethical Guidelines & Safeguards to Limit Risk of Artificial Intelligence first appeared on Technology in Business.]]> The Money-Making Strategies of Chick-Fil-A, Costco, IKEA and More | The Economics Of https://www.technology-in-business.net/the-money-making-strategies-of-chick-fil-a-costco-ikea-and-more-the-economics-of/ Tue, 23 May 2023 11:10:00 +0000 https://www.technology-in-business.net/?p=32690 Top Technology in Business Stories From ChicK-Fil-A and Starbucks, to Ikea and Target, WSJ talked to CEOs and business leaders[...]

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Top Technology in Business Stories

From ChicK-Fil-A and Starbucks, to Ikea and Target, WSJ talked to CEOs and business leaders about their unique approach leading these major brands.

Wall Street Journal

The post The Money-Making Strategies of Chick-Fil-A, Costco, IKEA and More | The Economics Of first appeared on Technology in Business.]]> How Australia’s New Submarines Fuse Western Military Tech to Counter China | WSJ https://www.technology-in-business.net/how-australias-new-submarines-fuse-western-military-tech-to-counter-china-wsj/ Tue, 23 May 2023 11:00:00 +0000 https://www.technology-in-business.net/?p=32687 Top Technology in Business Stories The SSN-AUKUS is a new submarine for the Australian Navy that will combine U.K. designs[...]

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Top Technology in Business Stories

The SSN-AUKUS is a new submarine for the Australian Navy that will combine U.K. designs and U.S. technology for the first time. Some experts are even calling this weapon the future of underwater defense as it uses one key feature: interoperability.

Wall Street Journal

The post How Australia’s New Submarines Fuse Western Military Tech to Counter China | WSJ first appeared on Technology in Business.]]> Why Disney Is Scrapping Its ‘Star Wars’ Hotel and $900 Million Florida Campus https://www.technology-in-business.net/why-disney-is-scrapping-its-star-wars-hotel-and-900-million-florida-campus/ Tue, 23 May 2023 10:39:00 +0000 https://www.technology-in-business.net/?p=32684 Top Technology in Business Stories Walt Disney Co. is reversing course on a nearly $900 million corporate campus and shutting[...]

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Top Technology in Business Stories

Walt Disney Co. is reversing course on a nearly $900 million corporate campus and shutting down a costly new hotel amid growing tensions with Florida Governor Ron DeSantis. The campus would have relocated more than 2,000 employees around 20 miles outside of the Walt Disney World Resort to a town in Orlando called Lake Nona.

Credit Wall Street Journal

The post Why Disney Is Scrapping Its ‘Star Wars’ Hotel and $900 Million Florida Campus first appeared on Technology in Business.]]> How LVMH Became A $500 Billion Luxury Powerhouse https://www.technology-in-business.net/how-lvmh-became-a-500-billion-luxury-powerhouse/ Mon, 22 May 2023 11:10:00 +0000 https://www.technology-in-business.net/?p=32680 Top Technology in Business Stories The luxury conglomerate LVMH Moët Hennessy Louis Vuitton controls 75 Maisons, or brands, including Tiffany[...]

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Top Technology in Business Stories

The luxury conglomerate LVMH Moët Hennessy Louis Vuitton controls 75 Maisons, or brands, including Tiffany & Co., Sephora, Dior, Givenchy and TAG Heuer. At the helm of the luxury empire is the richest person in the world, Bernard Arnault, whose five children all hold senior executive roles within the company.

Credit CNBC

The post How LVMH Became A $500 Billion Luxury Powerhouse first appeared on Technology in Business.]]> How UnitedHealth Grew Larger Than The Biggest U.S. Bank https://www.technology-in-business.net/how-unitedhealth-grew-larger-than-the-biggest-u-s-bank/ Mon, 22 May 2023 11:01:00 +0000 https://www.technology-in-business.net/?p=32677 Top Technology in Business Stories UnitedHealth Group is the biggest health-care conglomerate in the U.S. based on market cap and[...]

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Top Technology in Business Stories

UnitedHealth Group is the biggest health-care conglomerate in the U.S. based on market cap and revenue. It’s even bigger than JPMorgan Chase, the nation’s largest bank. Annual revenue has nearly doubled over the past decade when adjusted for inflation, from $144 billion in 2012 to $250 billion in 2022. The company’s growth was fueled by an acquisition strategy that has been largely free of regulatory scrutiny. Watch the video above to learn how UnitedHealth grew so big and what that means for U.S. health care.

Credit CNBC

The post How UnitedHealth Grew Larger Than The Biggest U.S. Bank first appeared on Technology in Business.]]> Why Walmart and Alphabet Are Beating Amazon in Drone Delivery https://www.technology-in-business.net/why-walmart-and-alphabet-are-beating-amazon-in-drone-delivery/ Mon, 22 May 2023 10:30:00 +0000 https://www.technology-in-business.net/?p=32674 Top Technology in Business Stories Amazon says its Prime Air drones recently completed 100 deliveries in two small U.S. markets.[...]

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Top Technology in Business Stories

Amazon says its Prime Air drones recently completed 100 deliveries in two small U.S. markets. Meanwhile, competitors like Alphabet’s Wing and Walmart partner Zipline have made hundreds of thousands of deliveries, largely outside of the regulatory confines of the U.S. in markets like Australia and Africa. We went to Lockeford, California, a 4,000-person town that’s one of two places where Amazon has begun deliveries. But we saw no aerial activity and talked to residents who hadn’t either. We also visited drone companies Wing, Zipline and DroneUp to see their deliveries in action and ask about clearing Federal Aviation Administration hurdles. Here’s how Amazon fell behind, despite all drone companies facing the same stringent regulations here in the U.S.

Credit CNBC

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