.@amazon is now the world’s biggest company, topping the Fortune #Global500.
"What I see right now is that our chips business, our silicon business, is lining up to be our next pillar," @JeffBezos tells Fortune. bit.ly/4pIApw1
“Southeast Asia holds a lot of market potential because it’s very hungry for innovation. The economies which had a later start are looking to leapfrog into the latest and greatest tech,” Verena Siow, SAP’s new APAC chief, tells Fortune in an interview.
The world’s second-largest economy looks like it’s running at two speeds: An export-focused manufacturing sector feeding global hunger for electronics, and a weaker domestic economy beset by sluggish sales, a property bust, and “involution.”
New York City’s pied-à-terre tax was designed for wealthy second-home owners, but it’s pushing middle-class homeowners into estate-planning conversations at hourly rates they’ve never had to pay, for advice the wealthy have had access to for generations.
More than 1,200 employees at the world’s leading AI labs, including senior executives, have signed a statement asking the U.S. government to help build the tools needed to slow down AI development if it ever becomes necessary.