Combinations showing Entrepreneur Elon Musk (L) and Brazil Supreme Court Justice Alexandre de Moraes (R) Reuters (L) | Getty Images (R) Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s supreme court on Thursday. The fines, imposed by Brazil’s
Technology
Demaerre | Istock | Getty Images Corporate leaders can’t “bulls—” their employees about the impact of artificial intelligence on the workforce and the ways in which the technology will affect jobs more broadly, according to one tech billionaire. Jim Kavanaugh, the CEO of World Wide Technology (WWT), told CNBC that people are “too smart” to
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT An Amazon warehouse. Getty Images Amazon announced Wednesday it is raising wages for its hourly warehouse workers and adding a new employee perk that will give them a Prime subscription at no extra cost. Beginning this month, Amazon’s average starting pay for front-line employees in
In this article ME Follow your favorite stocksCREATE FREE ACCOUNT Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023. Jordan Vonderhaar | Bloomberg | Getty Images All seven independent directors of 23andMe resigned from the company’s board Tuesday,
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses that can overlay digital graphics onto the physical
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images U.S. sanctions over the years on China’s semiconductor industry has forced Beijing to ramp up efforts to boost its domestic chip sector. The boom of artificial intelligence
In this article AMZN ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares surged more than 6% on Monday, continuing their recently rally and propelling
Andy Ginther, mayor of Columbus, Ohio, pictured at a White House event in 2023, was not giving the public the full picture after a recent ransomware attack, according to a dark web researcher who investigated, and has since been sued by the city. Bloomberg | Bloomberg | Getty Images Ransomware has long been plaguing American
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT OpenAI stormed onto the scene with ChatGPT and upended the tech world in less than two years. But over the next few months, the artificial intelligence darling will face some of its biggest tests yet. A highly anticipated partnership with Apple will supercharge its reach,
Elon Musk, chief executive officer of Tesla Inc., at the US Capitol in Washington, DC, US, on Wednesday, July 24, 2024. Samuel Corum | Bloomberg | Getty Images Brazil’s supreme court announced Friday that it ordered banks to transfer funds from Starlink and X accounts to pay fines the court levied against Elon Musk’s social
In this article AMZN ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, Chief technology officer of Oracle (L), and Jeff Bezos, founder, executive chairman of Amazon. Reuters Oracle‘s best week on the stock market since 2021 has bolstered Chairman Larry Ellison’s net worth, briefly edging him past Amazon founder Jeff Bezos on Friday to
In this article MSFT NVDA AAPL Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images Tiger Global is planning to join OpenAI’s buzzy new funding round that would
Tesla Semi Courtesy: Tesla A single-vehicle collision last month involving a Tesla Semi electric truck took 50,000 gallons of water to extinguish and required aircraft to dump fire retardant overhead, according to a preliminary report on Friday from the National Transportation Safety Board. The crash, which occurred on California’s Interstate 80 west of Lake Tahoe,
In this article NVDA GANX Follow your favorite stocksCREATE FREE ACCOUNT Saudi Arabia is optimistic about gaining access to U.S. chipmaker Nvidia’s high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models. Speaking to CNBC on Thursday, a top official at the Saudi Data and AI Authority, Abdulrahman Tariq
In this article GE GEV Follow your favorite stocksCREATE FREE ACCOUNT Carolina Dybeck Happe. Courtesy: GE Microsoft told employees on Thursday that it has hired Carolina Dybeck Happe as its executive vice president and chief operations officer, reporting to CEO Satya Nadella. Dybeck Happe comes from GE, where she was senior vice president and chief
China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet‘s Google and Meta. But some of China’s giants, from Alibaba to Tencent, have launched
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