Larry Ellison, the founder of Oracle, celebrated his 80th birthday recently amidst a successful year for the company. Unlike fellow tech giants like Intel and Cisco, who are struggling to adapt to the changing landscape of artificial intelligence, Oracle has emerged as a favorite among investors. After a stellar earnings report, Oracle’s stock rose by
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California Attorney General Rob Bonta recently issued a caution to executives at various social media and tech companies, urging them to do more to safeguard voters from deception, intimidation, and dissuasion, especially leading up to the November election. Bonta emphasized the critical role that social media and artificial intelligence services play in informing Californians about
In the rapidly evolving landscape of artificial intelligence, China’s tech giants have been making significant strides in developing their own generative AI models. While global attention has largely been focused on companies like OpenAI, Google, and Meta, Chinese firms such as Alibaba, Tencent, Baidu, Huawei, and ByteDance have emerged as key players in the field.
The U.K. is facing a critical issue when it comes to commercializing its technology businesses on a global scale. Warren East, former CEO of British chip design firm Arm, highlighted the lackluster growth and poor rates of GDP per head in the U.K. as a source of national embarrassment. Despite the promising innovative technology being
Northvolt, a prominent battery producer for Europe’s electric vehicle industry, recently announced plans to reduce its workforce, close down a site, and engage in discussions with partners and investors regarding the future of a facility in Poland. The company, based in Stockholm, Sweden, is renowned for building lithium-ion batteries for electric vehicles and has established
In a move that has garnered attention within the YouTube community, The Try Guys have successfully diversified their revenue streams by launching a standalone streaming service called 2nd Try. This shift away from relying solely on Google’s algorithms and advertiser revenue has provided them with a more stable income source. According to Try Guys co-founder
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
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