North Korea attempted to launch what it called a space satellite over the sea to the south on Wednesday, South Korea’s military said, as the nuclear-armed North seeks to gain ground in a regional space race. The launch prompted emergency alerts and brief evacuation warnings in parts of South Korea and Japan, which were then… Read More North Korea attempts to launch space satellite
Nvidia Corp joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom. The stock’s value has tripled in less then eight months, reflecting the surge in interest in artificial intelligence following… Read More Nvidia hits $1trillion market valuation
Microsoft Corp on Monday won dismissal of a private consumer antitrust lawsuit over its $69 billion proposed purchase of “Call of Duty” maker Activision Blizzard Inc, but the plaintiffs were given 20 days to refine their legal challenge. A federal judge in San Francisco ruled that the lawsuit from a group of video game plaintiffs… Read More U.S. federal judge dismisses gamers’ lawsuit against Microsoft over $69billion Activision deal
Google owner Alphabet Inc on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an answer to Microsoft Corp (MSFT.O) in their rivalry to lead a new wave of computing. Microsoft, meanwhile, said it planned its own AI reveal for Tuesday. The cascade of… Read More Google unveils chatbot service Bard to rival ChatGPT, announces AI search engine plans
The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi. Genesis Global Capital, one of the largest crypto lenders, froze customer redemptions on November 16 after FTX stunned the financial world with its bankruptcy,… Read More Genesis crypto lending unit files for U.S. bankruptcy
Google’s parent Alphabet Inc said on Friday it is cutting about 12,000 jobs, or 6% of its workforce, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI). Alphabet’s shares rose almost 4% in pre-market trading. The cuts come at a delicate moment for the U.S. company, which has… Read More Google parent company Alphabet set to lay off 12,000 workers
T-Mobile, the No.3 U.S. wireless carrier by subscribers, said on Thursday it was investigating a data breach involving 37 million postpaid and prepaid accounts and that it could incur significant costs related to the incident. The company, which has more than 110 million subscribers, said it identified malicious activity on January 5 and contained it… Read More T-Mobile launches investigation into data breach involving 37 million accounts
Amazon.com Inc cut some jobs in the United States, Canada and Costa Rica on Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse… Read More Amazon lays off workers in U.S., Canada and Costa Rica
247NEWSUPDATE BLOG 