Toast announced on Thursday its decision to cut its workforce by 10%, resulting in the termination of 550 employees.
Software & IT services
FuboTV Sues Disney, Fox, Warner Bros., ESPN, Hulu Over Sports Streaming Joint Venture
FuboTV has filed a lawsuit against Disney, Fox, and Warner Bros. Discovery over their sports streaming joint venture.
Palo Alto Networks Shares Fall After Cutting Its Revenue Forecast for the Year
Palo Alto Networks has experienced a significant decline of 19% in its share after it lowered its full-year guidance for revenue and billings.
Elon Musk Reportedly Rejects Offer to Have Shares in OpenAI — Here's Why
Elon Musk has reportedly claimed that he declined the offer to have shares in OpenAI. Here's why.
EU Sets to Impose Record €500 Million Fine on Apple for Music Streaming Violation
The EU may fine Apple $539 million for restricting music streaming. Is this related to Spotify's complaint in 2019?
Latest News
Microsoft revealed on Wednesday that state-backed hackers from Russia, China, North Korea, and Iran have been using tools provided by its partner OpenAI to enhance their hacking techniques and deceive their targets.
A copyright lawsuit against OpenAI filed by a group of authors, including comedian Sarah Silverman, who alleged that ChatGPT is pirating their work, was partially dismissed by a California court.
A Google Cloud executive said that Singapore's environment that fosters innovation could make the country a global powerhouse in the AI industry.
Alphabet wants to seek external funding for its GFiber internet connection company to expand to other locations.
OpenAI CEO Sam Altman said that ChatGPT should be "much less lazy now" after the company rolled out an update.
Amazon founder Jeff Bezos is planning to sell as many as 50 million shares in the online retail and cloud services company.
Meta CEO Mark Zuckerberg's fondness for combat sports and extreme water activities has become a concern for the company.
Amazon on Thursday unveiled its new AI-powered shopping assistant, called Rufus. Amazon on Thursday unveiled its new AI-powered shopping assistant, called Rufus, which can answer queries and provide recommendations depending on customer preferences.
Meta CEO Mark Zuckerberg is set to receive an annual payout of approximately $700 million from the tech giant's new dividend.
