Saudi Arabia’s state-owned oil company Saudi Aramco has just pulled off the biggest initial public offering (IPO) in history, raising $25.6 billion. The IPO, however, fell short of the Saudi Crown Prince’s $2 trillion valuations. The company sold 3 billion shares priced at 32 riyals ($8.53) each. The mega-float exceeds …
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Technologies linking human consciousness to any sort of a cloud computing service could not just open the way for totalitarian mind control, but destroy the very essence of human relations, philosopher Slavoj Zizek says. A computer that can read the thoughts of many people at once would make normal human …
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Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other services. Alibaba has invested in new business lines such as cloud computing as a boom in its core e-commerce has peaked and …
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