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Top Technology Companies You Should Know

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Adeline Howell


Today’s modern world is completely based on technology. Due to the technological advancements in today’s world, people are enjoying their lives even more, today than ever before.

Since the inventive products and business strategies of superior technology companies have revolutionized the way people live, top technology companies have seen tremendous growth in this period. In the future to come, the influence of those top technology companies will further revolutionize the world. Today’s world is changing with every passing moment, and it will change more in the future.

Influence of Top Technology Companies on People’s Lives

It is a dream come true for any person who wants to work in the technology industry.  If a person can land any job in any of the technological giant companies, that is a phenomenal achievement.

It is important for everyone to keep knowledge about those companies in depth. Because these top technology companies will change the upcoming future. So, let’s talk about some of the top technology-based companies in the world in brief.

Amazon

Amazon is one of the most valuable companies in the world at the moment. The company has brought people some very popular products & platforms. The products and platforms include Amazon Store, Amazon Prime Video, Amazon.com, and Alexa. Jeff Bezos established the company in 1994. It has a market price value of more than 1.3 trillion dollars at this time. Moreover, Amazon became a top company in the cloud computing service industry which is related to Amazon Web Services.

With all its products and services, Amazon is moving at a quick pace toward the future. The company has job opportunities for many experienced professionals and also provides internship opportunities. There are many departments in the Amazon company like Human resources, support, marketing, and more.

Apple

Apple is another famous company in the technology industry. The company makes popular products such as iPhone, iPod, and MacBook. They also have brought products like AirPods and Apple Watch for their customers. Through all those products, Apple has managed to keep the attention of the people in its pristine condition.

And due to that, Apple has successfully become a tech giant. The marketplace value of Apple is more than 2.5 billion dollars at the moment. This USA-based company is a very lucrative company to work at. In the future to come, people believe that the company will get even bigger & influential.

Alphabet Inc.

Alphabet Inc is a USA-based Multinational Tech-based company that has become the parent company of Google & other Google Subsidiaries. Google is the biggest revenue-earning subsidiary of Alphabet inc. Moreover, Google subsidiaries include Google Cloud and Google Mail. Other popular products & platforms are Android and YouTube.

Among the most valuable corporations in the world, Alphabet ranks as the third largest technology company in terms of revenue. Along with Amazon, Apple, Meta, and Microsoft, people consider it as one of the “Big Five” American IT firms. The company has earned a market value of more than 1.5 trillion dollars. People have stated that Alphabet Inc. also moves forward to investing in start-ups and companies. Alphabet Inc. is now working closely with cloud-gaming systems, smart home projects, etc.

Microsoft

USA-based Microsoft is another tech giant dominating since the year 1975. Microsoft has given some important products in people’s lives, like Microsoft Software, Microsoft Office, and Microsoft Teams. At this time, the company has already earned more than 2 trillion dollars in market value. It is no doubt that, in everyone’s daily lives, software by Microsoft is inseparable.

Microsoft also has some popular subsidiary platforms such as the Networking platform LinkedIn, Communication and video platform Skype, and a Software building platform named Github. With the help of those platforms, Microsoft is maintaining its influence.

Meta

Meta is an emerging platform that was changed from Facebook Inc. Now the Meta company has popular platforms & subsidiaries such as Facebook, Instagram, and Whatsapp. Nowadays, a large group of people is using Meta products for Communication purposes. At present, Meta is working to bring Augmented reality to the people in the future. In the future, Meta is definitely going to assert more influence due to technological advancements.

Adobe

Another popular tech company that is popular among people for its software. People use popular software like Adobe Photoshop. Adobe Illustrator and Adobe Acrobat, and Adobe Creative Clouds daily. The software Photoshop and Illustrator help in design purposes. Whereas Adobe Acrobat helps to read PDF books with ease.

Samsung

The company has brought smartphones, smart televisions, and other smart technology devices to the market for customers to maintain demand. Samsung phones, Samsung smart home devices, Samsung A.C., and other Samsung company products are highly used by people all over the world.

Oracle Corporation

Another American software-based company that has more than 4 lakh customers globally. Customers include FedEx, Xerox, and Siemens Healthineers. Moreover, the company has popular products like Oracle Cloud, Java, MySQL, and Oracle Linux. Many people in different industries and sectors use different software by Oracle Corporation in versatile works.

Final Thoughts

In recent years, technology firms have emerged as key influencers. They have maintained influence on economic development, customer preferences & lifestyles, and stock market performance.

Many people have witnessed the growth and contribution of those firms in this duration. In this situation, those top companies have a direct connection to every aspect of people’s lives through their products and services.

For example, iPhone from Apple, Microsoft Windows and Office from Microsoft, Google, YouTube, Gmail, and much more software are part and parcel of people’s lives. So, companies control a large portion of people’s time, habits, and work efficiency.

Because of that, companies control the economic condition of the world to a very significant extent. These companies are influential, and therefore, it is important for us to know about those companies in depth.

Featured Image Credit: Photo by Andrea Piacquadio; Pexels; Thank you!

Adeline Howell

Adeline Howell is skilled in AP Writing, Critical Thinking, Microsoft Office, Social Media, and Teamwork, with a demonstrated history of working on projects relating to the Sports Marketing and Public Relations industries. Adeline has advanced leadership skills by coaching volleyball and a drive to learn each day with additional experience as a Warehouse Leader and Retail Sales Associate. Strong community and social services professional with a Bachelor’s degree focused in Communication and Public Relations from the University of North Carolina at Charlotte.

Politics

Fintech Kennek raises $12.5M seed round to digitize lending

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Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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Politics

UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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