Alphabet Market Value Gets $56B Boost After AI Announcements, Including ChatGPT Rival And Snapshot
Alphabet gained a whopping $56 billion in its market value after the stock surged as much as 5% following the announcements.
Ex-Twitter Employee Slams Tucker Carlson's Plan To Relaunch His Show On Platform
A former Twitter employee who worked on a Twitter show explained the downside of shifting television to the social media platform.
Microsoft, Oracle Reportedly Discussed Sharing AI Servers Amid Global Shortage
Miracle and Oracle appear to be preparing for a potential shortage of their own servers, and an agreement to share servers may help ease the problem.
OpenAI's Sam Altman To Face Congress As China, EU Dash Ahead In Regulating AI
OpenAI's Sam Altman is headed for a Congress visit next week as the U.S. attempts to join China and the EU in an AI regulatory push.
Trump In Attack Mode As Polls Give Him Edge; Ex-AG Barr Warns Of 'Horror Show'
Ex-president Donald Trump is getting a boost from recent 2024 election polls, but two of his former allies have turned away from the business mogul's grand plans for the U.S. to become the "greatest economy ever."
Tucker Carlson Considering His Own 'Media Empire' Amid Fox Contract Issue, Report Says
Ousted Fox News host Tucker Carlson is reportedly preparing to fight his contract with the media outlet that won't expire until January 2025.
Chinese Owner Of Breakout Success Temu Moves HQ To Ireland Amid US Pressure
Temu, which dominates top free app charts on the App Store and Play Store, has recently met increasing scrutiny amid possible ties to Xinjiang and concerns about the data it collects from users.
Carl Icahn Net Worth: Activist Investor Loses $10 B Following Hindenburg's 'Ponzi-Like' Scheme Claims
Carl Icahn, who invested in a company accused by another investor of being a pyramid scheme, is the latest target of short-seller Hindenburg Research.
Unity To Cut 600 Jobs, Plans To Reduce Number Of Offices: Report
Unity Software will reportedly shut down roughly 20 of its global offices in the next few years.
House Democrat Warns About AI-Generated Political Ads After 'Beat Biden' Video, Introduces New Bill
Rep. Yvette Clarke believes existing laws do not cover the fast deployment of AI and how the tech could disrupt society.
Nike, Adidas Quizzed About Possible Links To Xinjiang Forced Labor; Asked How They Verify Suppliers
The committee is seeking answers about whether the supply chains of Adidas and Nike have been affected by forced labor in China's western region of Xinjiang.
Mercedes-Benz CEO Rejects 'Unthinkable' China Decoupling Amid Germany's Autonomy Bid: Report
Mercedes-Benz's Ola Kaellenius reportedly believes disengaging from China was "an illusion," given how closely tied global supply chains are.
Bitcoin Transactions Hit Weekly Record High As Ordinals Inscriptions Cross 2.7 Million Mark
Bitcoin transactions hit a weekly record-high that wasn't seen in years as Ordinals inscriptions saw increased interest in recent weeks.
Signature Bank Collapse Caused By Mismanagement, Failure To Prioritize 'Governance Practices': US Regulator
Signature Bank was reportedly under investigation for possible money-laundering activities among crypto clients ahead of its seizure.
Jack Dorsey Criticizes Musk Regime, Says Twitter CEO Should've 'Walked Away' From Deal
Dorsey had previously supported Musk buying the social media platform, saying the billionaire was the "singular solution I trust."
China Calls Out US 'Cold War Mentality' In Washington Declaration, Warns Against Provoking North Korea
Tensions between the U.S. and China have been on the rise over the past months, and the South Korean president's state visit to the White House seems to have raised the stakes.
US Economy Sees Sharp Slowdown; Could This Affect Biden's Re-Election Campaign?
Recent economic figures and poll numbers are overshadowing President Biden's hopes to have another term.
FBI Director: US Cyber Agents, Intel Analysts Outnumbered By Chinese Hackers
The FBI warned of China's "unparalleled" cybersecurity threat during a Congress hearing Thursday as lawmakers push for a TikTok ban.
Dropbox Cuts 500 Staff; CEO Cites Slow Growth, Arrival Of 'AI Era'
The company laid off 315 people, or about 11% of the global workforce, in its previous round in early 2021.
Layoffs Begin At Amazon Studios, Prime Video; At Least 2 Executives To Be Affected
At least two executives could be affected by the layoffs.
Can ChatGPT Replace Investment Analysts? Study Says AI Can Accurately Predict Stock Market Moves
ChatGPT continues to gain popularity in various sectors, but its limits have also started to emerge.
YouTube Music Contract Workers Vote Unanimously To Unionize; Prepare To Bargain With Alphabet
Though the workers are hired by third-party tech services provider Cognizant, the National Labor Relations Board in March ruled Google is a joint employer.
Amazon Begins Job Cuts In Cloud Computing, HR Divisions As Part Of Latest Layoff Round
Amazon CEO Andy Jassy said the latest layoff round would affect around 9,000 employees.
Washington Declaration: Rare Biden Summit Features Parade, Celebs Hailing 'Historic' US-ROK Alliance
South Korean President Yoon Suk Yeol was welcomed by the Biden White House through a parade, a celebrity-packed state dinner, and the promise of strengthening the nations' "historic" 70-year alliance.
Chinese TikTok Seller Says He's On The App 'To Rip People Off': Report
TikTok says it prizes user safety and content authenticity, but three employees told FT that monitoring and eradicating fraudulent posts seem to have been overshadowed by a profit push.
Amazon Layoffs: Studios, Prime Video Workers Bracing For Their Turn, Report Says
Amazon had left its entertainment arms untouched even with job cuts in other departments, but employees are speculating that they may no longer be immune to the cost-cutting measures.
3M To Cut 6,000 Jobs Globally; 600 Employees In Minnesota Could Be Affected
The manufacturing behemoth said the restructuring will affect "all functions, businesses and geographies" that will affect 6,000 workers globally.
Amazon Says It Terminated Work With Contractor Whose Drivers Scored Union Victory: Reports
Battle-Tested, a third-party contractor of Amazon, has reached a tentative agreement with 84 delivery drivers but the e-commerce giant may have side-stepped the organizing workers.
SEGA Of America Employees Vote To Form Union, Cite 'Lack Of Control' Over Working Conditions
More than 140 workers at SEGA of America are demanding voluntary recognition of their union for better working conditions and worker empowerment.
Tech Layoffs 2023: Over 600 Companies Cut 173,000 Jobs This Year, Including Meta And Lyft
More than 173,000 tech workers have lost their jobs so far in 2023 as some of the biggest tech companies implemented layoffs that affected thousands.