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May 4, London, UK: Europe’s premier climate technology conference & tradeshow is all setto become better and bigger than ever before with the confirmed participation of manyindustry giants from across the world. Aiming to expedite the shift towards a carbon-neutraleconomy, the 2nd edition shall take place at the ExCel London from 26-27 Se
Read MoreSilicon Valley-based startup, Heliogen, has raised $250 million to further develop its hydrogen technology, which has the potential to significantly reduce carbon emissions in industries such as cement and steel.The funding round was led by billionaire Bill Gates' Breakthrough Energy Ventures and includes investments from energy companies including
Read MoreMicrosoft, the world's largest software maker, reported a strong boost in profits and revenue for its fiscal third quarter, driven by strong sales of its cloud computing and artificial intelligence (AI) services.The company reported revenue of $41.7 billion for the quarter, up 19% from the same period last year, while net income rose to $15.5 billi
Read MoreGoogle's advertising revenue, which accounts for the bulk of Alphabet's revenue, was $44.7 billion, up 32% year-on-year. However, this was below analysts' expectations, and the company's shares fell by around 5% in after-hours trading.According to Alphabet CFO Ruth Porat, the company's advertising business was affected by the pandemic's ongoing imp
Read MoreLG Energy Solution, a unit of South Korean conglomerate LG Group, announced that its first-quarter profits more than doubled, thanks to strong gains in the U.S. market.The company, which produces lithium-ion batteries for electric vehicles and energy storage systems, reported a net profit of 1.5 trillion won ($1.3 billion) for the first quarter of
Read MoreThe move is aimed at helping customers reduce their costs and increase their efficiency.The price cuts will apply to a range of Alibaba Cloud's services, including Elastic Compute Service (ECS), Object Storage Service (OSS), and Relational Database Service (RDS). The reductions will vary depending on the specific product and location, but in some c
Read MoreElon Musk overtaken as world's richest person by LVMH chairman Bernard ArnaultElon Musk has lost his crown of the world’s richest person to LVMH chairman Bernard Arnault. According to the Forbes Real-Time Billionaires List, the net worth of Arnault is $181.8 billion, while Elon’s net worth has slumped to $163.7 billion . The net worth of Tesla
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