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Tech dominates S&P 500 like no time since dot-com bust

Bloomberg Don’t look now, but technology companies are exerting more control over the US stock market than any time since the internet bubble. Fueled by three-year rallies in which Microsoft Corp. and Alphabet Inc. doubled, Amazon.com Inc. tripled and Facebook Inc. surged fivefold, computer and software stocks have increased to almost 21 percent of the S&P 500 Index’s value, near ...

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China’s Kingsoft aims to take on Alibaba in cloud computing

  Bloomberg Kingsoft Corp Ltd., the Chinese software company whose chairman is Xiaomi Corp. co-founder Lei Jun, is preparing to go head-to-head with Alibaba Group Holding Ltd. in the rapidly growing market for cloud-computing services. Kingsoft Chief Executive Officer Hongjiang Zhang is banking on new businesses from mobile games to cloud computing to help pull the company out of the ...

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Intel showcases ‘merged reality’ with Project Alloy headset

  Relaxnews At the Intel Developer Forum in San Francisco, USA, the microprocessor maker demo-ed Project Alloy, a standalone virtual reality headset allowing wearers to explore and interact with a virtual world while keeping one foot firmly in reality. The headset was presented by Intel CEO Brian Krzanich, who claimed that Project Alloy completely redefines what’s possible from a VR ...

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