Roblox, a platform beloved by kids that generates billions in the virtual gaming world, is undergoing a significant transformation. In a recent announcement, the company revealed its plans to allow game developers to charge users real money for certain games on the platform. This shift marks a departure from the conventional method of relying solely
Enterprise
In a recent announcement, a regional director for the National Labor Relations Board (NLRB) stated that Amazon should be considered a “joint employer” of some of its contracted delivery drivers. This decision came as a result of reviewing two unfair labor practice charges filed in January regarding how Amazon treats its drivers at an Atlanta
Elon Musk’s satellite internet service, Starlink, recently announced its decision to block the social network X in Brazil. This move was made to ensure that Starlink could continue its operations in the country without facing the risk of losing its license. Both Starlink and X are owned and operated by Elon Musk. The decision to
Brazil’s recent decision to suspend Elon Musk’s social media company X has sparked a major conflict between the billionaire and the country’s telecommunications regulator, Anatel. The dispute further intensified when the regulator instructed internet providers to block access to X following a court order. This move has put Musk’s satellite internet firm Starlink in the
Recent developments in Brazil have seen a fierce legal battle between Elon Musk’s social network, X, and the country’s federal supreme court. The court, led by top justice Alexandre de Moraes, issued orders suspending the use of X nationwide, sparking a wave of controversy and resistance from Musk and his companies. This move came after
Alibaba has recently wrapped up a three-year regulatory “rectification” process imposed by China’s market regulator following an antitrust fine for monopolistic practices in 2021. This significant development has led to a positive response from investors, with Alibaba’s shares rising more than 3% in Friday morning trading. China’s State Administration for Market Regulation (SAMR) has been
Dell recently reported its quarterly results, showcasing strong performance that exceeded Wall Street expectations. A significant highlight was the 80% increase in server sales, which contributed to the company’s revenue of $25.03 billion, surpassing the $24.53 billion expected by analysts. The EPS also outperformed predictions, coming in at $1.89 adjusted, compared to the expected $1.71.
The recent second-quarter results of the U.S. chip darling Nvidia have had a significant impact on tech and chip-related stocks in Asia. The repercussions of Nvidia’s performance have been felt in the key markets of the region, leading to a decline in the stocks of companies directly linked to the U.S. tech giant. One of
Elon Musk’s artificial intelligence startup, xAI, has come under fire for using natural gas burning turbines without a permit at its new data center in Memphis, Tennessee. While xAI had announced its new facility back in June after raising a significant amount of capital, it neglected to obtain the necessary permits to operate the turbines.
The rise of artificial intelligence has resulted in an increased demand for powerful processors and sustainable cooling solutions in data centers. One company, Sustainable Metal Cloud, is leading the charge with its innovative “sustainable AI factories” in Singapore and Australia. By utilizing immersion cooling technology with synthetic oil, Sustainable Metal Cloud aims to revolutionize the