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<blockquote data-quote="Mohamed Ashour" data-source="post: 139451" data-attributes="member: 25422">Watson's bites:Tech &amp; AI:<ul>
<li data-xf-list-type="ul">US-listed tech companies face cash crunch after burning through billions from IPOs According to Dealogic data, 150 tech companies raised at least $100m each in 2020 and 2021, but most of their valuations are now below what they were at IPO and their share prices are down by around 35% on average. </li>
<li data-xf-list-type="ul">EVs Boost Chip Demand Despite Semiconductor Makers’ Woes</li>
<li data-xf-list-type="ul">Twitter hit by biggest malfunction since Musk deal, it's not getting better for twitter anytime soon...</li>
<li data-xf-list-type="ul"> Intel: Chips Act subsidies may impede a return to former glory, even though this might sound good news for Intel but as Watson says this also could add an edge for competition such as Nvidia which created the Omniverse, and their chips are used in AI research over at Meta for the metaverse.</li>
</ul>Law<ul>
<li data-xf-list-type="ul">City law firms to set up in Saudi Arabia, Clifford Chance and Herbert Smith Freehills – along with US giant Latham &amp; Watkins – have been granted foreign law licences that will enable them to open their own offices in Saudi Arabia. IMO this had to happen even earlier the PIC added 12 more branches in the Middle East alone and law firms need to capture this momentum as fast as they can.</li>
</ul></blockquote>

[QUOTE="Mohamed Ashour, post: 139451, member: 25422"] [I][B]Watson's bites:[/B][/I] [B][I][U]Tech & AI:[/U][/I][/B] [LIST] [*][B][I][U][B]US-listed tech companies face cash crunch after burning through billions from IPOs[/B][/U][/I][/B] According to Dealogic data, 150 tech companies raised at least $100m each in 2020 and 2021, but most of their valuations are now below what they were at IPO and their share prices are down by around 35% on average. [*][B][U]EVs Boost Chip Demand Despite Semiconductor Makers’ Woes[/U][/B] [*][B][U]Twitter hit by biggest malfunction since Musk deal[/U], [/B]it's not getting better for twitter anytime soon... [*][U] [/U][B][U]Intel: Chips Act subsidies may impede a return to former glory[/U], [/B]even though this might sound good news for Intel but as Watson says this also could add an edge for competition such as Nvidia which created the Omniverse, and their chips are used in AI research over at Meta for the metaverse. [/LIST] [B][I][U]Law[/U][/I][/B] [LIST] [*][B][U]City law firms to set up in Saudi Arabia[/U], [/B]Clifford Chance and Herbert Smith Freehills – along with US giant Latham & Watkins – have been granted foreign law licences that will enable them to open their own offices in Saudi Arabia. IMO this had to happen even earlier the PIC added 12 more branches in the Middle East alone and law firms need to capture this momentum as fast as they can. [/LIST] [/QUOTE]

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