US - page 34

Science & Technology

Lyft, Uber to Stop Operations in Minneapolis

Uber Technologies and Lyft have announced their intention to cease operations in Minneapolis.

Science & Technology

Apple to Pay $490 Million to Settle Class-Action Lawsuit

Apple agreed to pay $490 million to settle a class-action lawsuit that claimed that the company’s chief executive, Tim Cook, was involved in deceiving shareholders by hiding information that iPhone sales had significantly decreased in the Chinese smartphone market.

News

US Urges for Global AI Regulations at UN

The United States has introduced a resolution to the United Nations (UN) that promotes safe, secure, and trustworthy artificial intelligence systems.

Science & Technology

Adobe Faces Its Biggest Downturn in More Than 20 Years

On Friday, March 15, a decrease in the price of Adobe shares was recorded after the company released its sales outlook for the current quarter, which turned out to be disappointing compared to preliminary expectations regarding what commercial goals the firm sets for itself.

News

Robinhood Jumps After Growth in Assets

The cost of Robinhood shares on Thursday, March 14, showed growth of nearly 9% after the company reported a significant increase in assets under custody over the past month.

Fintech & Ecommerce

Oracle Presents AI Capabilities for Finance and Supply Chain

Oracle has added new generative artificial intelligence capabilities to its Fusion Cloud Applications Suite.

News

Nvidia Faces High Investor Expectations at AI Conference

Next week Nvidia Corp. will hold an annual conference on artificial intelligence, but already now this developer of advanced chips is facing high expectations regarding the news at the planned event.

News

US House Passes Bill to Force ByteDance to Divest TikTok

The United States House of Representatives on Wednesday, March 13, passed a bill according to which the Chinese company ByteDance, which owns TikTok, must divest the US assets of this short-video app within six months or face a ban.

News

DoorDash Uses AI to Detect Verbal Abuse

DoorDash has announced the addition of a new artificial intelligence-based feature to its corporate functional space.

News

JPMorgan CEO Says About Probability of US Recession

JPMorgan Chief Executive Officer Jamie Dimon on Tuesday, March 12, during a video conference at the Australian Financial Review business summit in Sydney, said that, in his opinion, one should not deny the likelihood of a recession in the United States.

Science & Technology

US Wants to Help Philippines Double Its Semiconductor Facilities

US Commerce Secretary Gina Raimondo on Tuesday, March 12, during a speech at a business forum in Manila, said that Washington wants to help the Philippines double its chip-making production capacity.

News

Airbnb Bans Indoor Security Cameras

The short-term rental housing platform Airbnb on Monday, March 11, announced that it prohibits the use of indoor security cameras on premises around the world.

Science & Technology

Reddit Launches IPO

Reddit Inc. has disclosed details of its upcoming initial public offering (IPO), which is likely to be the largest event of a relevant nature in the current year.

Science & Technology

Intel-Backed Astera Seeks $534 Million in IPO

Astera Labs Inc. intends to raise as much as $534 million in an initial public offering (IPO).

Fintech & Ecommerce

Uber Eats Launches Live Location Sharing

Uber Eats has announced the launch of a real-time location-sharing feature for delivery to hard-to-reach spaces.

Finance & Economics

NYCB’s New CEO Mulls Business Plan

The new CEO of New York Community Bancorp (NYCB), Joseph Otting, said that he is currently working on creating a new business plan for this financial institution.