Even after stepping aside as CEO, Amazon founder Jeff Bezos will likely keep identifying new frontiers for the world’s dominant e-commerce company. His successor, meanwhile, gets to deal with escalating efforts to curtail Amazon’s power. Tuesday’s announcement that Bezos will hand off the CEO job this summer came as a surprise. But it doesn’t mean […]
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Behind GameStop’s stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming. GameStop has been swept up in a battle between big-moneyed hedge funds betting against it and small investors trying to prop it up. That has caused GameStop’s share price to […]
A team of scientists from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and Jameel Clinic (J-Clinic) announced that they had created a breast cancer risk-assessment algorithm that shows consistent performance across patients from the U.S., Europe, and Asia. The researchers said the model needed both algorithmic improvements and large-scale validation across several hospitals to […]
Microsoft said on Wednesday it supports Australia’s plans to make the biggest digital platforms pay for news and would help small businesses transfer their advertising to Bing if Google quits the country. Microsoft has been positioning itself to increase market share for its search engine Bing after a Google executive told a Senate hearing last […]
Popular online trading platform Robinhood said Monday that it has lined up $3.4 billion to help meet its funding requirements amid a spike in trading on Wall Street fueled by small investors driving up shares in GameStop and other stocks. The funds are being provided by Ribbit Capital and several other venture capital firms, including […]
The U.S. Health and Human Services agency recently released a comprehensive artificial intelligence (AI) strategy to increase use of this advanced technology in MedTech and related types of applications. “Together with its partners in academia, industry and government, HHS will leverage AI to solve previously unsolvable problems by continuing to lead advances in the health […]
Google is closing the internal studio tasked with developing games for its Stadia cloud-gaming service, a move that raises questions about the future of the Stadia service itself. Google launched Stadia in November 2019 as a new type of video-game platform that operates without a console and that stores game-playing sessions in the cloud. It […]
The Australian prime minister said on Monday that Microsoft was confident that it could fill the void if Google carried out its threat to remove its search engine from Australia. A Google executive told a Senate hearing last month that it would likely make its search engine unavailable in Australia if the government went ahead […]
French telecoms giant Orange announced late last week that it would be ending discussions with Free Mobile with regards to setting up a mobile network sharing agreement, citing a divergence in deployment strategy. “Given a divergence in deployment strategy, Orange has decided to end these discussions. For Orange, the quality of its networks is a […]
Johnson & Johnson (J&J) announced late last week its single-dose COVID-19 vaccine that proved to be 85 percent effective in preventing severe disease across all regions studied, 28 days after vaccination in all adults 18 years and older. The J&J single-dose COVID-19 vaccine – which was developed by its Janssen Pharmaceutical Companies – underwent phase […]