Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 102,943 workers, a more than two-fold jump from December and an over five-times surge from a year […]
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U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial intelligence companies from 2015 to 2021, a report showed on Wednesday. The document, released by CSET, a tech policy group at Georgetown University, comes amid growing scrutiny of U.S. investments in AI, Quantum […]
Microsoft Corp on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI chatbot that has taken Silicon Valley by a storm. The premium service will cost $7 per month in June before increasing to $10 in July, Microsoft said. OpenAI-owned ChatGPT will generate automatic meeting notes, recommend […]
Meta Platforms Inc shares closed about 23% higher on Thursday and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion. The company added more than $90 billion to its market value and the stock logged […]
Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit to Manhattan federal court, where the company is already fighting claims that it has abused its market power for online advertising technology. In a filing in the Manhattan litigation, Google’s […]
The European Commission presented its Green Deal Industrial Plan on Wednesday in response to the U.S. Inflation Reduction Act (IRA), with increased levels of state aid to help Europe compete as a manufacturing hub for clean tech products. While EU countries welcome the U.S. commitment to energy transition, they fear the IRA’s $369 billion of […]
Applications for intelligent terminals are growing, including those for smart cities, smart transportation, virtual reality, and augmented reality. The various needs mean that 5G networks still need to be enhanced. However, the exploration and use of upcoming 6G networks still heavily depend on effectively utilizing the resources. A new era of the Internet of everything would begin […]
After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they were not yet in the clear. The health of the advertising industry closely mirrors the economy, and many advertisers have pared back their marketing budgets in response to […]
The rise of Non-Fungible Tokens (NFTs) has generated much excitement in digital assets. Still, it has also raised concerns about their potential for misuse in illicit activities such as money laundering. In response to these concerns, governments worldwide have begun to examine the regulations of NFTs, seeking to balance the benefits of these tokens with […]
As technology experts and enthusiasts, you know something serious is going down in European Union (EU) when four of its telecom giants join hands to develop the advertising venture of a lifetime. Germany’s Deutsche Telekom, France’s Orange, Spain’s Telefónica, and the UK’s Vodafone dominate the telecom industry in their respective countries. Deutsche Telekom, for example, […]