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Tencent Says AI Spending Is Yielding Results
Chinese tech giant Tencent says its artificial intelligence (AI) investments have begun paying off. In releasing its quarterly earnings on Wednesday (May 14), the company’s CEO noted that its AI cap...
Corporate Bitcoin Accumulation Trend Accelerates, Surging 154% in a Year
Amid global financial volatility, Bitcoin is emerging as a business strategic asset. A report by Bitcoin investment firm River shows a significant increase in companies’ Bitcoin accumulation, with a...
The Kids Online Safety Act is back
The Kids Online Safety Act (KOSA), a bill imposing sweeping obligations on tech platforms to protect children that u...
Perplexity Picks PayPal to Power Agentic Commerce Purchases
Artificial intelligence (AI) search company Perplexity has launched a partnership with PayPal. The collaboration will see Perplexity use PayPal to power agentic commerce on its Perplexity Pro platf...
Databricks Boosts AI Agent Business With $1 Billion Neon Purchase
Data and artificial intelligence (AI) firm Databricks is acquiring database startup Neon. “As the $100-billion-plus database market braces for unprecedented disruption driven by AI, Databricks pl...
Ted Cruz Proudly Makes Broadband Shittier And Homework Harder For U.S. School Kids
Last year the Biden FCC passed a new rule providing portable Wi-Fi hotspots to school kids who struggle to do their homework online. More specifically, the rule allowed schools to leverage the FCC�...
Many Market Opportunities To Come As Tariff Debacle Concludes, According to Fundstrat’s Tom Lee – Here’s His Outlook
Fundstrat’s Tom Lee sees a lot of opportunity in the stock market this year. In a new interview with CNBC, Lee argues that US businesses have demonstrated resiliency in the face of the pandemic, rat...
Microsoft is laying off 3% of its workforce: 6,500 jobs gone
Microsoft is set to lay off 3% of its global workforce, according to a report by CNBC, potentially affecting over 6,500 employees out of its 228,000 worldwide staff as of June. A Microsoft spokesperso...
Eight Sleep adds a pricey blanket and speakers to its Pod 5 sleep system
The full Pod 5 Ultra setup starts from $6,099. Eight Sleep is launching the Pod 5, the fifth generation of its expens...
Nvidia and Amazon Land Middle Eastern AI Deals Amid Trump Visit
American tech giants are reportedly upping their Gulf State investments amid President Trump’s visit to the region. The Trump administration has brokered deals for two Middle Eastern allies — Saud...
Newswire > Tag: tech
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