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Investors are having a ‘tough time’ with AI and say it’s hard to tell what IBM, Google or AWS are doing
August 1, 2024
Investors are having a ‘tough time’ with AI and say it’s hard to tell what IBM, Google or AWS are doing
Billions of dollars in venture capital have flooded the AI space over the past year, as companies large and small…
Temu suppliers protest in China, say cheap venues are strangling them
August 1, 2024
Temu suppliers protest in China, say cheap venues are strangling them
Suppliers said many sellers on the shopping platform have closed factories and fallen into debt after the platform began imposing…
Here’s what it means for US tech companies
August 1, 2024
Here’s what it means for US tech companies
The European Union’s landmark artificial intelligence law officially comes into effect on Thursday — and it means tough changes for…
Japanese shares fall after interest rates rise and yen strengthens
August 1, 2024
Japanese shares fall after interest rates rise and yen strengthens
Shares in British chip designer Arm, owned by SoftBank, fell about 8 percent after the company gave a modest outlook…
Mark Zuckerberg Says Meta’s AI Tool Is on Track to Be the ‘Most Used’ in the World
August 1, 2024
Mark Zuckerberg Says Meta’s AI Tool Is on Track to Be the ‘Most Used’ in the World
Investment in artificial intelligence will account for a significant increase in Facebook Parent company Meta will incur costs next year,…
Delta CEO Says CrowdStrike Tech Incident Cost Company $500 Million
July 31, 2024
Delta CEO Says CrowdStrike Tech Incident Cost Company $500 Million
The airline faced more severe disruption and took longer than rivals to get back up and running after the incident…
More than 100 tech experts sign with VCs to pledge support for VP Harris
July 31, 2024
More than 100 tech experts sign with VCs to pledge support for VP Harris
Democratic presidential candidate, U.S. Vice President Kamala Harris speaks at a campaign rally at the Georgia State Convening Center on…
Nvidia shares rebound as Microsoft ramps up AI spending
July 31, 2024
Nvidia shares rebound as Microsoft ramps up AI spending
Always up to date information for free Just sign up to Artificial intelligence myFT Digest — delivered directly to your…
StubHub Sued by Washington, DC for Alleging It Inflated Ticket Prices with Deceptive Fees
July 31, 2024
StubHub Sued by Washington, DC for Alleging It Inflated Ticket Prices with Deceptive Fees
The Washington, D.C. attorney general sued StubHub on Wednesday, alleging ticket resale platform Deceptively advertise low prices and then increase…
Microsoft shares fall after growth slows slightly in cloud computing
July 31, 2024
Microsoft shares fall after growth slows slightly in cloud computing
Sales from Microsoft’s main cloud business missed expectations last quarter, sending the tech giant’s shares tumbling in after-hours trading as…