Tech News Day is a daily publication featuring key news stories about technology and how it affects businesses.
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AI Predicts If It Will Rain In Two Hours’ Time
Scientists have developed an AI system called 'nowcasting' that can detect if it will rain in the next two hours.
New WNS Report Highlights Recent Digital Transformations
WNS published a report highlighting the demand for digital transformation and its consequences
AWS Launches Amazon MemoryDB For Redis
AWS launches Amazon MemoryDB for Redis, a real-time database implementation that is partly derived from the open-source Redis platform but with more durability and persistence.
Robinhood Market Surges 50% As Investors Scoop Up Shares
On Wednesday, Robinhood Market surged 50%, leading the online broker's shares to close at $70.39.
Uber Records $509 Million Adjusted Loss On Driver Incentives
Uber reported a second-quarter loss of $509 million on Wednesday, exceeding analysts' adjusted EBITDA loss of about $324.5 million.
Match Group Expects Upbeat Revenue As Social Life Returns
Match Group said it expects third-quarter revenue between $790 million and $805 million as more users pay for its dating apps.
Coursera Exceeds Wall Street’s Expectations For Q2
Coursera delivered robust results for the second quarter on Tuesday as it said online learning growth will continue beyond the COVID-19 pandemic.
Tech Market Budgets Expected To See A 7.4% Growth
A recent report by Forrester forecasts that U.S. technology budgets will increase by 7.4% in 2021 and 6.7% in 2022.