More than 2,000 flights in the US were canceled by Sunday evening following the tech outage. Hundreds to thousands of businesses worldwide are still struggling following a faulty software update that caused global tech outages on Friday.
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Anthropic, Menlo Launches $100M Fund To Invest in AI Startups
In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools.
Driving Change: Hylomorph's Breakthrough in Surgical Infection Prevention and Beyond
Competition drives innovation, efficiency, and improvement across various fields and endeavors. Look at Google and Apple, there is a need and room for both in the smartphone industry; innovation begets innovation. The same is true for infection prevention—the more competition, the better the solutions. Hylomorph, a clinical-stage medical device company, has developed one such solution that has the potential to minimize post-surgical complications greatly.
US Could See Another ‘Great Resignation’ as 3 in 10 Workers Plan To Quit in 2024: Survey
More than half of workers surveyed cited low pay as the top reason why they were likely to quit their jobs this year.
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
Latest News
US President Joe Biden announced that he was standing down from the country’s presidential election this November, endorsing Vice President Kamala Harris on his stead.
Hong Kong company known for its fermented Tofu, Liu Ma Kee, faces backlash after it was revealed that they imported and repackaged tofu under unsanitary conditions, contrary to its claims of producing it from scratch.
Disneyland employees in California have authorized a potential strike, with nearly 99% of union members supporting the move amid ongoing contract negotiations over wages and benefits.
President Xi Jinping announced strategies to strengthen the finances of China's indebted local governments, which include increasing their financial autonomy and opening infrastructure to private enterprises.
On July 19, a global Microsoft Windows outage disrupted foreign businesses and luxury hotels, but China’s key infrastructure remained largely unaffected, following the country’s push for tech self-sufficiency.
Reliance Industries Ltd. reported a 5.4% profit decline for the quarter ending June 30, falling short of expectations due to ongoing issues in its oil-to-chemicals sector, despite a 12% revenue increase.
Bissell has recalled 3.3 million Steam Shot Handheld Steam Cleaners in North America due to a burn risk, following over 150 injury reports linked to the defect.
Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back its troubled fuselage supplier.
Stellantis recalls over 24,000 plug-in hybrid minivans due to a potential battery fire risk, advising owners to park outdoors and avoid charging. At the same time, they investigate a defect linked to seven reported fires.
