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Added on the 27/06/2022 22:00:38 - Copyright : Euronews EN
New research suggests that Warren Buffett's Apple investment might not payoff over the next decade. Dimensional Fund Advisors tracked the largest 10 US stocks at the start of each decade since 1930. Business Insider reports that DFA found that on average, they underperformed the market by 1.1% over the next five years and 1.5% over 10 years. Apple is the most valuable US stock with a $2-Trillion market capitalization. Buffett's Berkshire Hathaway counts Apple as the biggest holding in its equity portfolio. The investor's company has more than tripled its money on Apple in less than five years. The company might not gain significantly more for a long time.
The EU's landmark curbs on how tech titans do business online kicks in from March 7th. "As of midnight, the gatekeepers are required to prove that they are complying with the DMA (Digital Markets Act)", says Johannes Bahrke, EU spokesperson. Brussels is determined to create a more competitive online field that allows smaller players to flourish by ushering in a list of do's and don'ts for six so-called "gatekeepers" designated by the EU: Apple, Amazon, Google owner Alphabet, TikTok parent ByteDance, Meta and Microsoft. SOUNDBITE
UN member states finally agreed Saturday to a text on the first international treaty after years of negotiations to protect the high seas. "The ship has reached the shore," conference chair Rena Lee announced at the UN headquarters in New York, to loud and lengthy applause from delegates. SOUNDBITE
British Prime Minister Boris Johnson calls a US Supreme Court ruling ending the federal right to abortion "a big step backwards". Johnson, in Kigali for a Commonwealth heads of government meeting, said the court's rulings have "massive impacts on people's thinking around the world". SOUNDBITE
This animation illustrates how Volvo over time will centralise computing. In today’s cars, software runs in individual electronic control units. In the next generation Volvo cars, the company will centralise computing into three main computers that will run a large part of the software while enabling greater flexibility and faster development. In the next technology upgrade, Volvo Cars intends to centralise most computing into a single core system.
Guiyang (China), May 26 (EFE / EPA) .- (Camera: Alexander Plavevski) .- The Big Data expo started on Wednesday in China, in which the main Chinese science and technology companies participate. FOOTAGE FROM THE BIG DATA EXPO IN CHINA
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