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Artificial Intelligence in Marketing Market Worth 40.09 Billion USD by 2025

#artificialintelligence

According to the "Artificial Intelligence in Marketing Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Context-Aware Computing, NLP, Computer Vision), Deployment Type, Application, End-User Industry, and Geography - Global Forecast to 2025", published by MarketsandMa...


Germany's SAP and the UAE's digital evolution - Khaleej Times

#artificialintelligence

It is no coincidence that Bill McDermott, CEO of German software colossus SAP, was invited by the government of Dubai to be a keynote speaker at the World Government Summit. McDermott will share the podium with world leaders, the president of the World Bank, the managing director of the IMF, the qua...


Tesla News: Model 3 Delay, Record Quarterly Revenue, Fully-Autonomous Driving Option Soon

International Business Times

Tesla, Inc. announced its financial results for the fourth quarter of 2017, as well as for the financial year 2017 Wednesday evening, after markets closed. While the company posted its highest quarterly revenue yet, and a smaller than expected loss, it also quietly delayed the delivery of its mass-m...


Google parent company Alphabet hit by a $3 BILLION loss

Daily Mail

Google's parent company Alphabet has reported lower than expected profits in the last three months of 2017 after higher costs offset an increase in advertising sales. Revenue for the three months ending December 31 was $32.3 billion (£22.6bn), a rise of 24% on the same period in 2016. Overall, Alphabet reported a loss of $3 billion (£2.1bn) for the fourth quarter as it set aside $11 billion for taxes - an estimated $9.9 billion (£6.9bn) was for taxes on repatriated earnings. Excluding the tax provision, Alphabet would have posted a profit of $6.8 billion (£4.7bn), falling short of the $7 billion analysts had predicted. The tech giant's shares slid 2.3 per cent in after-hours trade on the results, highlighting concerns about the rising costs of projects such as the Waymo's self-driving car service, and the fact that profits were weaker than expected.


GOOGL Stock Price Flat At Close, Down After Hours As Google Posts Q4 Earnings

International Business Times

Google shares were roughly flat when the market closed on Thursday after Alphabet posted earnings less than what Wall Street expected. The after hours GOOGL stock price, however, did take an initial dive before rallying toward its $1,181.50 Alphabet, the parent company of Google, revealed its earnings report for fiscal quarter ending December 2017 shortly after the market closed. The company posted a $32.32 billion revenue, higher than Wall Street expectations. However, the company posted $9.70 earnings per share, missing expectations.


Alphabet picks up momentum with Google's cloud and hardware

Engadget

You probably don't need to be reminded that Google makes the vast majority of its money from ads scattered across every corner of the internet. Other products are more recognizably Google-y, however, and Alphabet's new earnings release shows off some impressive growth in areas beyond just ad money. Alphabet raked in $32.3 billion in revenue in its fourth quarter, and just about $4.7 billion came from what Alphabet refers to as Google's "other revenues." For those keeping track, that's the most money Alphabet has pulled in from its "other revenues" segment, which is where you and I probably spend most of our money. "Other revenues" encompasses cash earned from the Play Store, subscription services like YouTube Red and Google's cloud offerings, not to mention Google's own hardware.


Alphabet misses Q4 profit targets, names new board chairman

ZDNet

Alphabet reported mixed fourth quarter financial results on Thursday along with news that it's elected a new board chairman. The National Football League is teaming up with Sleep Number to help its players use big data and machine learning to improve their sleep and boost performance. The tech giant revealed in December that Eric Schmidt would be stepping down as the executive chairman of Alphabet's board of directors and transition to role of technical advisor. His replacement is John Hennessy, a board member since 2004 and the company's lead independent director since 2007. As for the numbers, Alphabet reported a net loss of $3.02 billion, with non-GAAP earnings of $9.70 per share on revenue of $32.32 billion, when including traffic acquisition costs (TAC).


Microsoft's Q2 FY 2018 earnings: What about that cash and Cortana?

ZDNet

Earnings calls are often frustrating for us reporters, as we're not allowed to ask execs questions. We -- OK, maybe it's just me -- shout at our PCs during the quarterly webcasts with product and strategy queries we wish financial analysts would ask but never do. Microsoft's Q2 FY 2018 earnings call on January 31 was a bit less aggravating. During the Q&A at the end of the call (transcript is here), analysts asked about Cortana's future and rumors around Microsoft making a big acquisition in order to take advantage of new tax laws. Analysts also asked about a downturn in commercial-business bookings, but they didn't poke much around a softening of sequential growth rate around commercial cloud, which my ZDNet colleague Larry Dignan noticed as part of yesterday's numbers.


Intel Reports 4.1 Percent Rise in Fourth-Quarter Revenue

U.S. News

The chipmaker, which recorded a $5.4 billion charge in the quarter due to the recent tax reforms, has been focusing on its data center business and newer areas such as artificial intelligence and driverless cars to reduce its reliance on its traditional PC market.


Nuance CEO Paul Ricci to retire in March

ZDNet

Nuance Communications confirmed on Monday that CEO Paul Ricci will retire by March 31. SaaS has set off a revolution in the way companies consume services on-demand. We look at how it's spreading to other IT services and transforming IT jobs. Nuance said it will name a new chief executive on or before that date and has nixed plans to nominate Ricci for director of its board at its upcoming shareholders meeting. Ricci joined Nuance as the company's CEO in September 2000 and has served as board chairman since 1999.