In a recent court filing, it was revealed that Binance founder Changpeng “CZ” Zhao’s request to travel to the United Arab Emirates (UAE) was denied by a federal judge. The request was made in relation to the “hospitalization and surgery” of a person in Zhao’s life. Despite offering to post his Binance equity worth $4.5
Enterprise
SAP, the German software company, has recently announced plans to carry out voluntary buyouts or facilitate job changes for 8,000 of its employees as part of a restructuring program for 2024. The company aims to reposition itself for faster growth by focusing on artificial intelligence and cloud technologies. This article delves into the details of
Apple’s Vision Pro generated a buzz when preorders opened, quickly selling out within hours. However, the extended shipping times that appeared soon after may be an indication that demand for the product is waning. According to Ming-Chi Kuo, a top Apple analyst at TF International Securities, shipping times for all models of the Vision Pro
Apple has recently made an offer to allow competitors access and interoperability with its contactless payment technology, Apple Pay, in an attempt to address antitrust concerns raised by regulators in Europe. The European Commission has expressed reservations about the exclusivity of Apple Pay on iOS devices, stating that it may restrict competition in the market
In a groundbreaking move, OpenAI announced its first-ever collaboration with a higher education institution, Arizona State University (ASU). This partnership aims to revolutionize the field of education by providing full access to OpenAI’s powerful ChatGPT Enterprise platform. With this cutting-edge technology, ASU plans to explore innovative applications such as coursework assistance, tutoring, research support, and
In a bold move to disrupt the mobility technology space, German startup Vay has launched its groundbreaking “teledriving” solution in the United States. This puts the company in direct competition with deeply funded American firms that have dominated the market thus far. With substantial investments totaling $110 million from influential entities like Kinnevik, Coatue, and
In a surprising move, Elon Musk, the CEO of Tesla and SpaceX, expressed his desire to gain approximately 25% voting control over his electric vehicle company. This announcement comes after Musk already owned around 13% of Tesla, which accounts for roughly 411 million shares out of the company’s 3.19 billion outstanding common stock shares. This
Microsoft has announced that it is expanding access to its Copilot virtual assistant, allowing small businesses and consumers to subscribe to the service. Copilot is an AI-powered virtual assistant that uses generative artificial intelligence technology developed by OpenAI. The move is aimed at capitalizing on the growing demand for generative AI in various industries and