Tags: Tech

Microsoft to Spend More Funding to Develop AI Infrastructure

Microsoft to Spend More Funding to Develop AI Infrastructure

Microsoft said that it would increase its spending on developing its artificial intelligence infrastructure despite a slowed growth in its cloud business.


Intel Announces Massive Job Cuts, Cites Cost-Cutting Measures

Intel announced that it was making thousands of jobs redundant in order to reduce costs and to be able to afford an ambitious effort to rebound from an earnings slump and recent weak market share performances.

Nokia Phonemaker HMD Launches Project to Make Devices Child-Friendly

HMD, the Finnish phonemaker more known for the redevelopment of the Nokia mobile phone series, announced the launch of its Better Phone project, with an aim to make mobile devices safer and friendlier for children and teenagers.

FTC Investigates 8 Companies on ‘Surveillance Pricing’ Practices

The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.


Latest News

Ray Kurzweil Hopes to Reach 'Singularity' by Merging with AI
Computer scientist, futurist, and artificial intelligence advocate Ray Kurzweil is optimistic that he will become one with the 'Singularity’ by his eventual death.
US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities
The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.
Hong Kong Minister Says Tech can Replace Some of City’s Frontline Civil Servants Amid Layoffs
Several basic frontline jobs in Hong Kong’s civil service would be replaced with technology as part of the city’s efforts to restructure its workforce and make 2,000 positions redundant by the end of 2025.
Nvidia Stocks Surpass Microsoft in Becoming Most Valuable in Big Tech Market
Nvidia officially surpassed Microsoft Tuesday (June 18) as the world’s most valuable company after its stock price is valued at $135 per share.
Google's Privacy Chief Keith Enright Is Leaving the Company After 13 Years
Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
Google to Invest Additional $2.3 Billion in Central Ohio Data Center Expansion
Google announced that they plan to leave its One Market Plaza office in San Francisco by April 2025 in order to consolidate its operations in the Bay Area at a smaller site nearby.
SINGAPORE-ECONOMY-RETAIL
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses.
The FCC is investigating Amazon and other online retailers for selling and promoting illegal jamming equipment.
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