Each year, in the annual Budget, the government sets aside a total of $ 3 billion as a buffer in the Contingencies Fund and the Development Contingencies Fund to cater for urgent and unforeseen expenditure needs which have yet to be provided for under the Supply Act. With Covid-19, we …
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DPM Heng Swee Keat recently concluded his Fortitude Budget speech in Parliament today (May 26). In this fourth Covid-19 support package, Mr Heng said that jobs is a key focus, with support for people to learn and up-skill, and the creation of new jobs. Mr Heng noted that the Covid-19 …
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Companies spent a record $ 31 billion on cloud infrastructure services in Q1 2020, though the full impact of COVID-19 is unlikely to be realized until the second quarter. New figures from Canalys indicate cloud spending grew 34.5% year-on-year (YoY) from the $ 23.1 billion for the corresponding period last …
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Google gave a download on its tools for game developers in an online event today, and it was full of news for Google Play, cloud infrastructure, and Stadia cloud gaming services for developers. Emil Protalinski and I covered the basics of the developer news and a deal with Unity, but …
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Windows 10 is now running on over 1 billion monthly active devices, just six months after passing the 900 million device milestone. Microsoft has been consistently adding 100 million active Windows 10 devices every six months over the past two years. Windows 10 also passed 50% desktop market share in …
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In a sign that investors’ enthusiasm for driverless cars hasn’t dampened yet, Pony.ai today secured a whopping $ 462 million in fresh funding, $ 400 million of which came from Toyota. The capital infusion brings the Guangzhou- and Fremont, California-based startup’s total raised to about $ 800 million at a …
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A broad recovery in datacenter sales helped Nvidia beat expectations for earnings for the fourth-fiscal quarter ended January 26. Nvidia reported non-GAAP net income per share of $ 1.86 on revenues of $ 3.11 billion, compared with net income per share of 80 cents on revenues of $ 2.2 billion …
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