Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty Images British fintech startup Revolut on Thursday that it had received a preliminary banking license with restrictions, bringing to an end a three-year wait. “Today’s announcement is a significant step forward for Revolut […]
Revolut clinches UK banking license, ending three-year wait Read More »
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts’ predictions. Here are the key
Elon Musk, CEO of Tesla. Antonio Masiello | Getty Images Tesla shares fell more than 8% in premarket trading in the U.S. after the electric carmaker reported second-quarter earnings that missed expectations amid ongoing pressure in its auto business. Elon Musk’s electric vehicle firm reported that automotive revenue dropped 7% year-on-year in the June quarter
Tesla shares fall 8% in premarket trading after weaker-than-expected earnings Read More »
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images As Tesla CEO Elon Musk continues to make lofty promises about his company’s future in autonomous driving and
Tesla’s profit margin is getting hammered by EV discounts and hefty AI spending Read More »
A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet is again investing in its self-driving car unit Waymo — this time with $5 billion. “This new round of funding will enable Waymo to continue to build the world’s leading autonomous driving company,”
Alphabet to invest $5 billion in self-driving car unit Waymo Read More »
OpenAI last week removed Aleksander Madry, one of OpenAI’s top safety executives, from his role and reassigned him to a job focused on AI reasoning, sources familiar with the situation confirmed to CNBC. Madry was OpenAI’s head of preparedness, a team that was “tasked with tracking, evaluating, forecasting, and helping protect against catastrophic risks related
OpenAI removes AI safety executive Aleksander Madry from role Read More »
Google announced in a surprise move that it would reverse its years-long plan to phase out third-party cookies. Daniel Acker | Bloomberg | Getty Images Google on Monday announced a bold move that has some big implications for advertisers and the future of the internet. The U.S. internet giant said late Monday it is reversing
What Google’s decision to keep cookies means for the internet Read More »
Wiz has walked away from a $23 billion deal to be acquired by Google, in what would have been the search giant’s largest-ever deal, telling employees it would pursue an initial public offering as it initially planned. “Saying no to such humbling offers is tough,” Wiz co-founder Assaf Rappaport said in a memo obtained by
Wiz walks away from $23 billion deal with Google, will pursue IPO Read More »
\Trade fair visitors walk past a Google logo at the Google stand at Hannover Messe 2024. Julian Stratenschulte | Picture Alliance | Getty Images After years of delay, Google says it will no longer cancel and replace third-party cookies — a practice long used by advertisers — for its internet browser Chrome. Cookies are small
Google cancels plans to kill off cookies for advertisers Read More »
Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024. Source: Tesla Inc. Tesla will report second-quarter earnings after the bell on Tuesday. The company’s vehicle deliveries report on July 2 was better than analysts feared, but still represented a decline from the previous year. The earnings call on
Tesla reports second-quarter earnings on Tuesday and investors want a robotaxi update Read More »
