The battle line appears to be drawn as FIFA takes on EA Sports video game in soccer’s new rivalry. For three decades, the Switzerland-based soccer body, FIFA has enjoyed a flourishing, mutually beneficial relationship with EA Sports. The annual edition of the video game, alongside related products, has raked in billions of dollars and has…
Bill Gates, Microsoft Corp’s co-founder, has said that the technology race to win is the development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping sites. “You’ll never go to a search site again,” he said. “You’ll never go to Amazon.” Speaking at AI Forward 2023, an event in San…
In a groundbreaking collaboration with the Department of Energy’s Pacific Northwest National Laboratory (PNNL), Microsoft’s AI, powered by the Azure Quantum Elements cloud platform, has identified a novel material poised to transform rechargeable battery technology. The tech giant’s AI algorithms, working in tandem with PNNL, accelerated the research on materials beyond lithium, a move aimed…
In partnership with adidas, a unique limited-edition fashion range has been officially launched, featuring a collaboration with the renowned London fashion brand and streetwear giant, Maharishi. This exclusive collection seamlessly merges the essence of London-centric streetwear with adidas performance to bring a new dimension to the world of sportswear. Merging the finest elements of adidas…
American billionaire and businessman, Elon Musk has officially been sued by Twitter after the tech mogul announced they he is backing down from his $44bn offer to buy the platform, as reported by Marca. Last week, Musk sent the Twitter board a letter where he revealed that the reason he was backing down was down…
In the world of German luxury companies, where nearly half boast price-to-sales ratios (P/S) below 0.8x, adidas AG (ETR:ADS) is standing out with a 1.5x P/S ratio, prompting some investors to consider exit strategies. While this elevated ratio may trigger sell signals, a deeper analysis is required to assess the rational basis behind it. The…
