Reuters | March 3, 2023
By Akash Sriram (Reuters) – Apple Inc has blocked an update to email app BlueMail, which uses a customized version of OpenAI’s GPT-3 language model, the co-founder of the app developer told Reuters on Thursday. “Apple has blocked the BlueMail update and continues to treat BlueMail unfairly and to discriminate against us,” Blix’s Ben Volach […]
Reuters | March 1, 2023
By Manya Saini (Reuters) – U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters. The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies […]
Reuters | March 1, 2023
By Dave Graham and Daina Beth Solomon MEXICO CITY (Reuters) -Tesla Inc will build a new assembly plant in northern Mexico, the country’s president announced on Tuesday, marking a push by the electric vehicle maker to broaden operations outside the U.S. in a deal an official said was worth over $5 billion. President Andres Manuel […]
Reuters | February 22, 2023
(Reuters) -Intel Corp on Wednesday cut its dividend payout to its lowest in 16 years and decided to scale back big investments to save cash amid slowing demand for its chips used in personal computers and data centers. Once a leading chipmaker, Intel is now racing to catch up with rivals such as Taiwan Semiconductor […]
Reuters | February 15, 2023
By Tiyashi Datta (Reuters) -Roku Inc said on Wednesday it was keeping a lid on costs and forecast first-quarter revenue above Wall Street estimates, as the company bet on its streaming devices and content platform to drive growth. Shares of the San Jose, California-based company rose 20% in after-market trading and later pared gains to […]
Reuters | February 14, 2023
(Reuters) -Tesla Inc workers in New York state said on Tuesday they are launching a campaign to form a union, setting the stage for the latest labor challenge for Chief Executive Elon Musk. In a letter to the electric carmaker’s management, the employees announced their plan to unionize with Workers United Upstate New York. The […]
Reuters | February 3, 2023
By Aditya Soni and Yuvraj Malik (Reuters) – Big Tech results reinforced concerns a boom in cloud services is easing, limiting a lucrative source of profit when a slowing economy has hit the companies’ other businesses and prompting a bet on artificial intelligence as the next growth driver. Earnings from Amazon.com Inc and Microsoft Corp […]
Reuters | January 30, 2023
By David Shepardson WASHINGTON (Reuters) -TikTok Chief Executive Shou Zi Chew will appear before the U.S. Energy and Commerce Committee in March, as lawmakers scrutinize the Chinese-owned video-sharing app. Chew will testify before the committee on March 23, which will be his first appearance before a congressional committee, said Representative Cathy McMorris Rodgers, the Republican […]
Reuters | January 21, 2023
By David Shepardson WASHINGTON (Reuters) -Amazon.com Inc’s cloud services division said Friday it plans to invest another $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services (AWS) said the new investment will create 1,000 jobs. Virginia Republican Governor Glenn Youngkin said AWS will establish multiple data center campuses across Virginia. In […]
Reuters | January 20, 2023
By Jeffrey Dastin DAVOS, Switzerland (Reuters) -Business titans trudging through Alpine snow can’t stop talking about a chatbot from San Francisco. Generative artificial intelligence, tech that can invent virtually any content someone can think up and type into a text box, is garnering not just venture investment in Silicon Valley but interest in Davos at […]
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