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🗓️ 29 March 2024
⏱️ 2 minutes
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0:00.0 | The less your business spends the more margin you keep. |
0:03.5 | Net Suite by Oracle brings accounting, finance, inventory, and HR into one proven platform, |
0:09.5 | helping you reduce costs everywhere. |
0:12.0 | Now through April 15th, Net Suite is offering a one-of-a-kind flexible financing program. |
0:17.9 | So head to Net Suite.com |
0:19.4 | slash Wall Street right now. |
0:21.2 | Here's your T&B Tech Minute for Friday, March 29th. I'm Alex Osala |
0:27.9 | for the Wall Street Journal. China's Huawei Technologies says its net profit more than doubled last year, |
0:34.0 | staging a stunning comeback years after US export controls cut it off from advanced technology. |
0:39.6 | The tech giant said profit rose to $87 billion, or $12 billion, a rise of more than 140% from the same period |
0:47.1 | a year ago. |
0:48.5 | It's the largest jump in profit for the company since it started reporting comparable figures |
0:52.4 | in 2006. Revenue rose 10% to $99 billion. |
0:57.2 | It said growth was driven by higher sales in its consumer electronics and cloud computing offerings. |
1:03.0 | X-A-I, Elon Musk's artificial intelligence startup, |
1:06.2 | will launch an upgraded version of Grock, |
1:08.4 | its rival to Open AI's chat gp-GPT. |
1:11.0 | The company said that the latest version, Grock 1.5, will be available to early testers |
1:15.6 | and existing Grock users on X in the coming days. |
1:18.9 | By enhancing the model's reasoning and problem-solving capabilities, X-A-I said it will be better at coding and math. |
1:25.1 | And Tesla has hiked advertising spending on a variety of paid media platforms. A video ad campaign on Facebook, Instagram and X, for example, is touting Tesla's model Y as, quote, |
1:37.0 | the number one most American-made car, citing a Cars.com ranking. |
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