Oracle, the brainchild of Larry Ellison, has been making headlines as a Wall Street darling, defying the struggles faced by fellow legacy tech giants like Intel and Cisco in the rapidly evolving landscape of AI-driven technology. Following a robust earnings report, Oracle’s stock experienced an impressive surge, gaining 11% and closing at a record high
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The landscape of generative artificial intelligence has seen a significant shift in recent years, with Chinese tech giants making strides in developing their own AI models to compete with the likes of OpenAI, Google, and Meta. While the spotlight has often been on big U.S. companies in this field, companies such as Alibaba, Tencent, Baidu,
California Attorney General Rob Bonta recently sent a warning to executives at social media and tech companies regarding the need to do more to safeguard voters from misinformation and deceptive tactics leading up to the November election. In his letter, Bonta emphasized the crucial role that social media platforms and artificial intelligence services play in
The U.K. is facing significant challenges when it comes to commercializing technology businesses on a global scale. According to Warren East, former CEO of British chip design firm Arm, there has been a lackluster growth and poor rates of GDP per head in the U.K. that are seen as a source of national embarrassment. East
Northvolt, a prominent battery producer for Europe’s electric vehicle industry, recently made headlines with its announcement of significant changes within the company. This includes the decision to cut jobs, shut down one of its sites, and engage in discussions with partners and investors to ensure the future of a facility in Poland. The move comes
In a digital landscape where reliance on Google’s algorithms and advertiser revenue has become increasingly unpredictable, creators are exploring alternative revenue streams to ensure stability. The Try Guys, a prominent YouTube group, have exemplified this shift by launching their standalone streaming service, 2nd Try. This move away from traditional revenue channels towards subscription-based models signals
Roblox, a widely popular platform among kids for gaming, is undergoing a significant transformation. The company recently announced a major change that will allow game developers to charge users real money for playing certain games on the platform. This shift away from relying solely on Roblox’s digital currency, Robux, marks a significant departure from the
Amazon is facing scrutiny over its treatment of contracted delivery drivers, with a regional director for the National Labor Relations Board stating that the company should be considered a “joint employer” of some of these drivers. The NLRB was investigating two unfair labor practice charges filed in January, specifically regarding Amazon’s treatment of drivers at
The ongoing conflict between Starlink, the satellite internet service owned by SpaceX, and the social network X in Brazil has escalated to a point where drastic measures have been taken. The Brazilian supreme court took the decision to block X in the country due to its refusal to comply with court orders and pay fines.
The ongoing conflict between Brazil and Elon Musk’s satellite internet company Starlink has reached a new level of tension. This conflict stems from Brazil’s decision to block Musk’s social media platform X for failing to comply with the country’s laws. Last week, the Brazilian supreme court issued a nationwide suspension of X due to its