Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Earnings reports indicate that the profitability of the largest players in the online car sales market is declining amid the actions of retailers to reduce inventory.
US - page 73
Robinhood CEO Says Every Company to Transition Into AI Company
The co-founder and chief executive officer of Robinhood Markets, Vlad Tenev, during the earnings report for the first quarter of 2023 to investors, said that over time, each company will be forced to integrate artificial intelligence-based tools into its business structure.
Disney+ Streaming Service Loses 4 Million Subscribers in First Quarter
Disney has announced that its flagship streaming service has lost 4 million subscribers in the first three months of this year.
The Crypto of Future with Jack Jia
Jack Jia has been in the tech avant garde for over a decade. With rationality always in mind (based on a very sensible and rich resume), Jia’s qualities and insights make him the perfect person to ask about crypto and its future. His near-immediate decision to get into crypto after discovering Bitcoin was a perfectly […]
Briton Pleads Guilty in US to 2020 Twitter Hack
A British citizen extradited to the United States in April pleaded guilty in New York to involvement in one of the largest hacks in the history of social networks.
Ascend Raises $25 Million for Pre-Seed AI Startups in Pacific Northwest
Ascend, which is based in Seattle and operates in the field of artificial intelligence, announced the closure of the second round of raising funding for $25 million.
Sound Ventures Invests Half Its $240 Million AI Fund Into Three Companies
The Beverly Hills, California-based venture capital firm Sound Ventures, led by general partners Ashton Kutcher, Guy Osiri, and Effie Epstein, announced the creation of a new $240 million artificial intelligence fund last week, already half of this money has been invested in three companies: OpenAI, Anthropic, and Stability.AI.
Wendy’s Taps Google Cloud to Trial AI Chatbot Drive-Thru Operator
Wendy’s FreshAI chatbot tool has the potential to transform Wendy’s drive-thru food ordering experience with Google Cloud’s generative AI and large language models (LLMs) technology
IBM Intros Slew of New AI Services
At its annual Think conference, IBM announced a new Watsonx platform that provides tools for creating artificial intelligence models and access to pre-trained AI variations capable of generating computer code, text, and much more.
UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat
The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.
Sam Bankman-Fried Wants His Case Thrown Out of Court
The lawyers of FTX founder Sam Bankman-Fried last Monday, May 8, filed petitions to dismiss the charges brought against him by the US government, of involvement in fraud.
Amazon Pays Customers for Pickup to Cut Delivery Costs
Amazon offers its customers a reward of $ 10 for the pickup of purchased goods.
LinkedIn Cuts 700 Jobs and Closes China App
LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.
JPMorgan to Pay Frank Founder’s Legal Fees
J.P. Morgan Chase will pay the legal costs of the disgraced founder of the fintech company with whom it is suing.
Google Turns to AI Chat For Search Engine Revamp
Google is using artificial intelligence to massively modernize its Internet search system.
TD Bank Blames Regulatory Uncertainty for Failed First Horizon Acquisition
Canadian TD Bank canceled the planned purchase of the American financial institution First Horizon.
Breaking News
