Larry Ellison recently celebrated his 80th birthday, marking a significant milestone in his illustrious career as the founder of Oracle. In a tech landscape dominated by artificial intelligence, Oracle has managed to stand out as a Wall Street favorite. With a recent earnings report exceeding expectations, Oracle’s stock price soared by 11% and closed at
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Over the past 18 months, China’s tech giants have been making significant strides in the field of generative artificial intelligence, challenging the dominance of big U.S. players like OpenAI and Google. The country’s ambitious goal of becoming a world leader in AI has added another dimension to the ongoing technology battle with the United States.
Recently, California Attorney General Rob Bonta issued a stern warning to executives in the tech industry, urging them to take greater measures to safeguard voters from deception, intimidation, and dissuasion in the lead-up to the upcoming November election. It was emphasized that millions of Californians rely heavily on social media platforms and artificial intelligence services
The U.K. is facing a significant challenge when it comes to commercializing technology businesses on a global scale. According to Warren East, the former CEO of British chip design firm Arm, there is a need for a mindset shift within the investor community to position U.K. companies for success on the world stage. East highlighted
Northvolt, the prestigious battery producer for Europe’s electric vehicle industry, recently announced a series of challenging decisions that are set to impact its workforce and operations significantly. The company, headquartered in Stockholm, Sweden, revealed plans to cut jobs and shut down one of its manufacturing sites as part of a strategic business review. The aim
The Try Guys, a prominent YouTube creator group, have recently broken away from traditional revenue streams such as Google’s algorithms and advertiser revenue by introducing their own subscription-based streaming service called 2nd Try. This move has proven to be a significant success for them, opening up new avenues for income generation and stabilizing their financial
Roblox, a widely popular gaming platform among kids that generates billions of dollars annually within the virtual world, is undergoing a significant change. The company recently announced that developers will have the option to charge users real money instead of relying solely on Roblox’s digital currency, Robux. This shift primarily affects Paid Access games, where
Recently, a regional director for the National Labor Relations Board (NLRB) made a significant announcement stating that Amazon should be considered a “joint employer” of certain contracted delivery drivers. This decision came after reviewing two separate unfair labor practice charges related to Amazon’s treatment of drivers at an Atlanta warehouse called DAT6. While Amazon has
Starlink, the satellite internet service owned by SpaceX, has recently found itself amidst controversy in Brazil due to its connection with the social network X. This relationship has led to legal battles and public clashes between Elon Musk, the owner of both companies, and Brazilian authorities. The situation raises questions about freedom of speech, government
Brazil’s telecommunications regulator has issued threats of sanctions against Elon Musk’s satellite internet company, Starlink, amidst a growing public feud with the billionaire over the country’s decision to block his social media platform X. This confrontation escalated after Brazil’s supreme court ordered a nationwide suspension of X for failing to appoint a legal representative by