Apple to spend $1 billion a year in AI catch-up efforts: Report
Apple to spend $1 billion a year in AI catch-up efforts: Report
is on track to spend $1 billion per year on developing its generative artificial intelligence products, . The spending comes as the company plays catch-up to some competitors who have already debuted new AI products and features, such as ,...
2023-10-25 21:54:42
VCs Andreessen, Doerr among attendees at Schumer's next AI forum
VCs Andreessen, Doerr among attendees at Schumer's next AI forum
Technologists and advocates are again set to visit Capitol Hill on Tuesday to discuss with Senate leaders the perils and promises of artificial intelligence. Venture capitalists Marc Andreessen, co-founder and general partner of Andreessen...
2023-10-25 21:54:35
Intel stock drops on report Nvidia is working on an Arm-based PC chip
Intel stock drops on report Nvidia is working on an Arm-based PC chip
stock dropped 3% Monday after that and were working on Arm-based PC chips. stock rose nearly 5%, and Nvidia gained nearly 4% during late-day trading Monday. Intel currently has the majority of the market for PC chips, with AMD coming in sec...
2023-10-25 21:54:29
Tesla discloses DOJ probes over vehicle range, personal benefits
Tesla discloses DOJ probes over vehicle range, personal benefits
In a third-quarter out Monday, Tesla disclosed that the U.S. Department of Justice has been investigating, and in some cases issued subpoenas, to Elon Musk's automaker regarding its driver assistance systems marketed as Autopilot and Full S...
2023-10-25 21:54:23
Okta hack wipes out more than $2 billion in market cap
Okta hack wipes out more than $2 billion in market cap
has shed more than $2 billion from its market valuation since the company disclosed a hack of its support systems Friday. The high-profile incident is the latest in a string of incidents that have been tied to Okta or its products, includin...
2023-10-25 21:54:16
FTC plans to hire child psychologist to guide internet rules
FTC plans to hire child psychologist to guide internet rules
The Federal Trade Commission plans to hire at least one child psychologist who can guide its work on internet regulation, Democratic Commissioner Alvaro Bedoya told in an interview published Monday. FTC Chair Lina Khan backs the plan, Bedoy...
2023-10-25 21:54:10
<b>Op-ed: We cannot allow AI to make Big Tech even bigger - Steve Case</b>
Op-ed: We cannot allow AI to make Big Tech even bigger - Steve Case
Policymakers in Washington are now engaged in a wide range of discussions regarding how to prevent AI technology from spinning out of control. But for all the focus on various dangers, we're losing sight of how the AI economy should be stru...
2023-10-25 21:54:04
<b>Signos raised $20 million to tackle weight loss with CGMs and data</b>
Signos raised $20 million to tackle weight loss with CGMs and data
Weight loss has always been big business, but it's exploded of late due to for Ozempic, Wegovy and other new diabetes and obesity drugs. In the first half of 2023, sales of Ozempic and Wegovy rose by 58% and 363%, respectively. That's after...
2023-10-25 21:53:58
<b>Xreal Air 2 launch: AR glasses look to challenge Meta and Apple</b>
Xreal Air 2 launch: AR glasses look to challenge Meta and Apple
Chinese augmented reality (AR) firm Xreal on Tuesday launched its next-generation glasses, as interest continues to rise in the technology that many tech giants like and see as the next big consumer product after the smartphone. The Xreal A...
2023-10-25 21:53:50
Coinbase stock up 6% with Grayscale ETF ruling, court deadline loom
Coinbase stock up 6% with Grayscale ETF ruling, court deadline loom
Shares of cryptocurrency exchange rose about 6% Tuesday as optimism about a long-awaited bitcoin spot exchange-traded fund approval buoyed the stock. It could be a turning point for the company, which has been sparring with the U.S. Securit...
2023-10-25 21:53:44
Apple announces Oct. 30 event, new Macs expected
Apple announces Oct. 30 event, new Macs expected
sent invites on Tuesday for a launch event that will be streamed on its website on Oct. 30. The launch will be held at 8 p.m. E.T., later than Apple's typical launches, which usually kick off in the afternoon. New Mac laptops are expected,...
2023-10-25 21:53:38
Google disables live traffic conditions on Maps in Israel and Gaza
Google disables live traffic conditions on Maps in Israel and Gaza
is disabling live traffic conditions in Israel and Gaza on its Maps and Waze apps, a spokesperson said Tuesday. The move comes as Israel is to embark on a ground invasion into Gaza. "As we have done previously in conflict situations and in...
2023-10-25 21:53:32
Verizon stock soars to its best day in almost 15 years
Verizon stock soars to its best day in almost 15 years
stock closed up more than 9%, making it the compnay's best daily performance in almost 15 years. The company beat analysts' expectations for both adjusted earnings per share and revenue , based on a survey of analysts by LSEG, formerly know...
2023-10-25 21:53:24
California DMV suspends Cruise's self-driving car permits
California DMV suspends Cruise's self-driving car permits
The decision was also based on the policy that "Any act or omission of the manufacturer or one of its agents, employees, contractors, or designees which the department finds makes the conduct of autonomous vehicle testing on public roads by...
2023-10-25 21:53:19
Snap earnings Q3 2023
Snap earnings Q3 2023
shares initially soared as much as 20% in after-hours trading as the company beat on the top and bottom lines, then declined and remained relatively flat as investors digested news that some advertisers had paused spending following the ons...
2023-10-25 21:53:12