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Technology

Technology

Tesla internal data shows company has slashed at least 14% of workforce this year

Chief Technology Officer of X Elon Musk speaks onstage during the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk”...

by admin June 21, 2024
Tesla internal data shows company has slashed at least 14% of workforce this year
Technology

Apple Intelligence won’t launch in EU in 2024 due to antitrust regulation, company says

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday,...

by admin June 21, 2024
Apple Intelligence won't launch in EU in 2024 due to antitrust regulation, company says
Technology

SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June...

by admin June 21, 2024
SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years
Technology

Amazon’s ditching the plastic air pillows in its boxes

Amazon said Thursday it has removed 95% of the plastic air pillows from its packaging in North America and will replace them with paper...

by admin June 20, 2024
Amazon's ditching the plastic air pillows in its boxes
Technology

Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis

Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S.,...

by admin June 20, 2024
Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis
Technology

OpenAI competitor Anthropic announces its most powerful AI yet

Jakub Porzycki | Nurphoto | Getty Images OpenAI competitor Anthropic on Thursday announced Claude 3.5 Sonnet, its most powerful artificial intelligence model yet. Claude...

by admin June 20, 2024
OpenAI competitor Anthropic announces its most powerful AI yet
Technology

A marathon, not a sprint: Apple’s AI push faces big challenges in China

The Apple Siri AI icon is being displayed on a smartphone, with Apple Intelligence in the background.  Jonathan Raa | Nurphoto | Getty Images...

by admin June 20, 2024
A marathon, not a sprint: Apple's AI push faces big challenges in China
Technology

OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence

Ilya Sutskever, Russian Israeli-Canadian computer scientist and co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, June 5, 2023....

by admin June 19, 2024
OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence
Technology

X boss Elon Musk softens ‘go f— yourself’ comment as he tries to woo advertisers back

Musk is attending Cannes Lions this week with an aim to reassure ad groups and global brands over the future of X. Marc Piasecki...

by admin June 19, 2024
X boss Elon Musk softens 'go f--- yourself' comment as he tries to woo advertisers back
Technology

Inside Europe’s tech hubs: Does London have what it takes to remain No. 1?

The U.K. is the No. 1 country in Europe for tech by many accounts. In 2023, British startups raised $21.3 billion, their third-highest total...

by admin June 19, 2024
Inside Europe's tech hubs: Does London have what it takes to remain No. 1?
Technology

Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO

Zilch CEO Phil Belamant. Zilch LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant...

by admin June 19, 2024
Klarna rival Zilch raises 5 million with aim to triple sales and accelerate path to IPO
Technology

Malaysia is emerging as a data center powerhouse amid booming demand from AI

A large hallway with supercomputers inside a server room data center.  Luza Studios | E+ | Getty Images Malaysia is emerging as a data...

by admin June 17, 2024
Malaysia is emerging as a data center powerhouse amid booming demand from AI
Technology

From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble

South Korean authorities are seeking the arrest of Do Kwon, co-founder and chief executive officer of Terraform Labs. His company is behind the now-collapsed...

by admin June 16, 2024
From  billion fraud to .5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
Technology

Advisors ‘wary’ of bitcoin ETFs are on a slow adoption journey, says BlackRock exec

Jonathan Raa | Nurphoto | Getty Images The long-awaited bitcoin exchange traded funds launched in January, and financial advisors are on their way –...

by admin June 16, 2024
Advisors ‘wary’ of bitcoin ETFs are on a slow adoption journey, says BlackRock exec
Technology

Adobe shares surge 15% for sharpest rally since 2020

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan...

by admin June 14, 2024
Adobe shares surge 15% for sharpest rally since 2020
Technology

Google-backed Tempus AI closes first day of trading up 9% in Nasdaq stock market debut

Tempus AI, a health-care diagnostics company that uses AI to interpret medical tests to help physicians provide more accurate treatment for their patients, rose...

by admin June 14, 2024
Google-backed Tempus AI closes first day of trading up 9% in Nasdaq stock market debut
Technology

Microsoft to delay launch of AI Recall tool due to security concerns

Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP...

by admin June 14, 2024
Microsoft to delay launch of AI Recall tool due to security concerns
Technology

Jared Kushner’s post-White House deal-making included badly timed bet on Amazon aggregator

White House senior advisor Jared Kushner (C) sits alongside U.S. President Donald Trump (L) and Commerce Secretary Wilbur Ross (2nd L) as they prepare...

by admin June 14, 2024
Jared Kushner's post-White House deal-making included badly timed bet on Amazon aggregator
Technology

Elon Musk drops suit against OpenAI and Sam Altman

In this photo illustration, the logo of ‘OpenAI’ is displayed on a mobile phone screen in front of a computer screen displaying the photographs...

by admin June 11, 2024
Elon Musk drops suit against OpenAI and Sam Altman
Technology

Oracle shares jump on Google and OpenAI deals despite earnings miss

Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite...

by admin June 11, 2024
Oracle shares jump on Google and OpenAI deals despite earnings miss
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