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April 12, 2021 Biz in 60
MP3•Episode home
Manage episode 289820869 series 1419069
Content provided by Business in 60 Seconds and TRT World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Business in 60 Seconds and TRT World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Microsoft agrees to buy AI firm Nuance for about $16B Microsoft has agreed to buy artificial intelligence and speech technology firm, Nuance Communications, for about 16 billion dollars. The deal marks the US software giant's largest acquisition since it bought LinkedIn for more than 26 billion dollars in 2016. Microsoft and Nuance partnered in 2019 to roll out AI systems that help doctors with administrative tasks. Alibaba shares jump after $2.75B anti-monopoly fine Shares in Alibaba have jumped as much as 16-percent, after Chinese regulators fined the e-commerce giant 2-point-75 billion dollars for abusing market dominance. The company says the penalty marks an end to investigations into its online practices. Jack Ma's business empire has come under scrutiny since the billionaire's public criticism of China's financial regulator in October. Turkey's unemployment rate rises to 13.4% in February Turkey's unemployment rate rose to 13-point-4 percent in February. The figure was recorded before authorities eased coronavirus restrictions, and marked an increase from 12-point-7 percent in the previous month. Meanwhile, the country's current account deficit widened to 2-point-6 billion dollars in the same month.
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173 episodes
MP3•Episode home
Manage episode 289820869 series 1419069
Content provided by Business in 60 Seconds and TRT World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Business in 60 Seconds and TRT World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Microsoft agrees to buy AI firm Nuance for about $16B Microsoft has agreed to buy artificial intelligence and speech technology firm, Nuance Communications, for about 16 billion dollars. The deal marks the US software giant's largest acquisition since it bought LinkedIn for more than 26 billion dollars in 2016. Microsoft and Nuance partnered in 2019 to roll out AI systems that help doctors with administrative tasks. Alibaba shares jump after $2.75B anti-monopoly fine Shares in Alibaba have jumped as much as 16-percent, after Chinese regulators fined the e-commerce giant 2-point-75 billion dollars for abusing market dominance. The company says the penalty marks an end to investigations into its online practices. Jack Ma's business empire has come under scrutiny since the billionaire's public criticism of China's financial regulator in October. Turkey's unemployment rate rises to 13.4% in February Turkey's unemployment rate rose to 13-point-4 percent in February. The figure was recorded before authorities eased coronavirus restrictions, and marked an increase from 12-point-7 percent in the previous month. Meanwhile, the country's current account deficit widened to 2-point-6 billion dollars in the same month.
…
continue reading
173 episodes
All episodes
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