TECH GIANTS
Microsoft settles California probe over worker leave for $14 million Microsoft agrees to pay $14 million to settle claims of retaliating against workers for taking leave in California. The settlement also mandates hiring a consultant and providing training to prevent future discrimination.
04 Jul, 2024, 07.04 AM ISTAustralia is pushing big tech to 'protect kids from porn'. What can they actually do? Tech platforms are urged to implement integrated safety features like content scanning and app blocking on smartphones to protect children online. The focus is on enhancing child safety without compromising user privacy, highlighting the need for ef...
03 Jul, 2024, 12.15 PM ISTApple stops Buy Now Pay Later in US: How will it affect new users? 'Buy Now Pay Later' scheme by Apple Pay Later has now been stopped in the United States, an initiative that was launched only last year. This may now pose a new challenge for Apple enthusiasts planning to purchase products on installment. In the com...
22 Jun, 2024, 01.08 PM IST- ADVERTISEMENT
How tech giant NVIDIA climbed to the top of the stock market, AP Explains Tech giant Nvidia is now worth over $3.2 trillion, with its dominance as a chipmaker making it the poster child of the artificial intelligence boom. After the stock's swift rise on Wall Street it briefly topped Microsoft as the most valuable company...
21 Jun, 2024, 10.11 AM ISTIlya Sutskever’s new startup is the latest of many AI ventures coming out of Big Tech Ilya Sutskever left OpenAI last month and is launching his own startup soon. This is the latest in a larger trend of professionals leaving tech titans to establish their own startups, pursue their own goals and avoid commercialisation of products.
20 Jun, 2024, 12.57 PM ISTApple brings ChatGPT and more AI to devices, Wall Street unimpressed In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be a...
11 Jun, 2024, 08.18 AM ISTJudge rules Google will not face jury trial in US digital ads case Google avoids jury trial by paying $2.3 million to U.S. government for alleged digital advertising dominance, preventing the first-ever civil antitrust case jury trial by the Justice Department and states suing the tech giant.
08 Jun, 2024, 12.02 PM ISTByteDance plans $2.1 billion investment in Malaysia for AI, minister says As part of the deal, the latest in a number of global tech companies expanding into Southeast Asia, ByteDance will also expand its data centre facilities in Malaysia's Johor state through an additional 1.5 billion ringgit investment, Investment, Tra...
07 Jun, 2024, 08.45 PM ISTLike a pop star, Nvidia's CEO Huang stirs up 'Jensanity' in Taiwan Huang, the local boy who made good, is the subject of wall-to-wall coverage on Taiwanese television and reporters trail him constantly. He was mobbed by attendees at the Computex tech trade fair and has featured in thousands of social media posts.
05 Jun, 2024, 04.55 PM ISTGoogle cuts at least 100 jobs across its cloud unit: report Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday. Roles in sales, operations, engineering, consulting, and 'go to market' strategy were some of the positions cut.
04 Jun, 2024, 09.19 AM ISTDonald Trump joins the TikTok video platform he once sought to ban Politico, which first reported the news, said he posted a launch video on his account on Saturday night. The video showed Trump greeting fans at an Ultimate Fighting Championship fight in Newark, New Jersey.
02 Jun, 2024, 04.48 PM ISTEye on AI: Tech giants form industry group, Apple-OpenAI deal and other top developments Google, Microsoft, Intel and other tech companies have come together to take on chipmaking giant Nvidia. Apple partners with OpenAI. The ChatGPT maker is training its new flagship model to succeed GPT-4. Google is putting limits on AI search experie...
02 Jun, 2024, 06.00 AM ISTTop EU data regulator says tech giants working closely on AI compliance Des Hogan, Data Protection Commissioner in Ireland, highlighted the broad powers of national regulators to enforce changes in AI products for data privacy compliance.
29 May, 2024, 09.14 AM ISTGoogle, Amazon, Apple lobby group opposes India's EU-like antitrust proposal India is drafting a new competition law to target big digital firms, with a U.S. lobby group urging a rethink to avoid potential business impacts.
28 May, 2024, 03.09 PM ISTAmazon to invest 15.7 billion euros in Spain Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. Amazon in 2021 had planned to invest 2.5 billion euros in Arago...
22 May, 2024, 10.53 PM ISTScale AI valued at $14 billion in Nvidia, Amazon-backed funding round Top tech companies are racing to build AI into their products and services. Startups catering to the surge in demand for AI chips and machine learning have been a bright spot in an otherwise subdued private funding market.
21 May, 2024, 07.06 PM ISTChina tech giant Alibaba posts modest yearly revenue growth Chinese ecommerce giant Alibaba announced Tuesday a modest increase in annual revenue, at a time when the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed. Fellow internet giant Tencent posted weakened reve...
14 May, 2024, 06.09 PM ISTJudge grills US and Google on antitrust claims Judge Amit P. Mehta was presiding over the first day of closing arguments in the most consequential tech antitrust case since the U.S. government sued Microsoft in the late 1990s. The Justice Department has sued Google, accusing it of illegally shor...
03 May, 2024, 08.37 AM ISTGoogle lays off at least 200 employees from its ‘Core’ teams: report Google laid off 200 core team employees to cut costs. These core teams build Google's main products and keep users safe online. The company is moving some of these jobs to India and Mexico. This follows earlier layoffs in 2023 as Google restructures...
02 May, 2024, 04.14 PM ISTGoogle lays off employees from key teams ahead of developer conference: report Layoffs at Google's Flutter, Dart and Python teams come weeks after the tech giant terminated staff from its real estate and finance teams as well. Google has said the layoffs are not company-wide.
30 Apr, 2024, 08.23 AM IST