Finance News Archives | Page 25 Of 28

Meta accused of breaching EU antitrust rules over ad-supported subscription service

Investors are staying on the sidelines amid a broad selloff in tech stocks this year. Shares of Facebook parent Meta are down more than 30% this year amid a troubling macro environment and weaker-than-expected results. Igor Golovniov | SOPA Images | LightRocket | Getty Images Facebook parent company Meta was on Monday accused by EU […]

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Google invests in BlackRock-backed Taiwanese solar developer to boost energy capacity amid AI boom

Finance News

The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. This symbiotic relationship supports sustainable development by reducing greenhouse gas emissions and promoting renewable energy adoption. Shih-wei |

Google invests in BlackRock-backed Taiwanese solar developer to boost energy capacity amid AI boom Read More »

Gen Z’s shopping decisions are heavily driven by TikTok and influencers, report finds

Finance News

Young Asian woman unboxing new purchase clothings from cardboard box that received from her online shopping retail delivery at home. She is happy and excited to see the content from the box. Online shopping, trustworthy parcel delivery service D3sign | Moment | Getty Images Generation Z in Asia-Pacific is taking fashion cues from idols and

Gen Z’s shopping decisions are heavily driven by TikTok and influencers, report finds Read More »

Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground

Finance News

Amazon will double the value of credits it offers some startups to use its cloud infrastructure, CNBC has learned, as the company faces heightened competition from Microsoft in artificial intelligence services. Starting July 1, startups that have raised a Series A round of funding in the past year will be eligible for $200,000 in credits

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Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology

Finance News

The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon is ramping up its development of artificial intelligence technology, hiring top talent from AI agent startup Adept and licensing the company’s technology. Rohit Prasad, a senior vice president and head scientist who oversees Amazon’s artificial

Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology Read More »

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown

Finance News

Joseph Lubin, co-founder of Ethereum and CEO of blockchain firm ConsenSys. Riccardo Savi | Getty Images for Concordia Summit Crypto firm Consensys has been added to the SEC’s list of targets, as the regulator continues its industrywide crackdown. The SEC on Friday sued Consensys in federal court in Brooklyn over allegations that the company “engaged

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown Read More »

SoftBank shares rise on .86 billion debt offering as CEO talks up ‘super’ AI

SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI

Finance News

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose pronouncements since the Japanese conglomerate began taking steps to shore

SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI Read More »

Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy

Finance News

Honor CEO George Zhao (L) and GSMA CEO John Hoffman on stage at Shanghai Mobile World Congress during an awards ceremony on June 27, 2024. Honor HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of Chinese smartphone company Honor, George Zhao, told CNBC in

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Peter Thiel says, ‘if you hold a gun to my head I’ll vote for Trump’ though he isn’t backing campaign

Finance News

Then-president-elect Donald Trump shakes the hand of Peter Thiel during a meeting with technology executives at Trump Tower, December 14, 2016 in New York City. Getty Images Peter Thiel, once one of Donald Trump’s major financial backers in the tech industry, said on Thursday that even though he’s not providing money to the Republican presumptive

Peter Thiel says, ‘if you hold a gun to my head I’ll vote for Trump’ though he isn’t backing campaign Read More »

OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI

Finance News

The news industry just gained a powerful ally in its effort to take on OpenAI. The Center for Investigative Reporting, the country’s oldest nonprofit newsroom, sued OpenAI and lead backer Microsoft in federal court on Thursday for alleged copyright infringement, following similar suits from publications including The New York Times, Chicago Tribune and the New

OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI Read More »

Meta accused of breaching EU antitrust rules over ad-supported subscription service

Google invests in BlackRock-backed Taiwanese solar developer to boost energy capacity amid AI boom

Gen Z’s shopping decisions are heavily driven by TikTok and influencers, report finds

Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground

Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown

SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI

Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy

OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI

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