Cybersecurity firm Darktrace accepts $5 bn takeover
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group's "capability in artificial intelligence".
4 hours ago
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Google parent Alphabet's Q1 profits beat estimates: company
Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, causing shares to leap more than 12 percent.
12 hours ago
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Microsoft expands its AI empire abroad
Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this ...
12 hours ago
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1
Business
ByteDance says 'no plans' to sell TikTok after US ban law
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest from the hugely popular video platform or have it banned in the United States.
12 hours ago
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Business
California battery storage increasing rapidly, but not enough to end blackouts, Gov. Newsom says
Gov. Gavin Newsom said on April 25 that California continued to rapidly add the battery storage that is crucial to the transition to cleaner energy, but admitted it was still not enough to avoid blackouts during heat waves.
6 hours ago
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Business
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive.
22 hours ago
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Consumer & Gadgets
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access.
Apr 25, 2024
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Business
FTC chief says tech advancements risk health care price fixing
New technologies are making it easier for companies to fix prices and discriminate against individual consumers, the Biden administration's top consumer watchdog said Tuesday.
Apr 25, 2024
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Business
US to give Micron $6.1 bn for American chip factories
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, President Joe Biden said on Thursday.
Apr 25, 2024
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1
Business
Meta profits soar but costs of AI cause worry
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.
Apr 25, 2024
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Business
American Airlines confirms 2024 forecast despite Q1 loss
American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier confirmed its full-year financial forecast.
Apr 25, 2024
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Consumer & Gadgets
TikTok to crack down on content that promotes disordered eating and dangerous weight-loss habits
Saying it does not want to promote negative body comparisons, TikTok is cracking down on posts about disordered eating, dangerous weight-loss habits, and potentially harmful weight-management products.
Apr 25, 2024
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20
Business
EPA says its new strict power plant rules will pass legal tests
The EPA on Thursday announced a series of actions to address pollution from fossil fuel power generators, including a final rule for existing coal-fired and new natural gas-fired plants that will eventually require them to ...
Apr 25, 2024
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Business
Opinion: Banning TikTok won't solve social media's foreign influence, teen harm and data privacy problems
When President Joe Biden signed a US$95 billion foreign aid bill into law on April 24, 2024, it started the clock on a nine-month window for TikTok's China-based parent company, ByteDance, to sell the app. The president can ...
Apr 25, 2024
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Business
Microsoft claims that small, localized language models can be powerful as well
Microsoft has announced the development of a small, locally run family of AI language models called Phi-3 mini. In their Technical Report posted on the arXiv preprint server, the team behind the new SLM describes it as more ...
