Meta CEO Mark Zuckerberg recently emerged as a Wall Street favorite, while Snap CEO Evan Spiegel struggled to maintain investor confidence. Both companies faced challenges due to Apple’s iOS privacy change and various economic factors in 2021, resulting in a decline in their ad businesses and layoffs. However, the diverging paths of Meta and Snap …
At First Solar’s facility in Perrysburg, Ohio, a diligent worker focuses on their tasks, July 8, 2022. Megan Jelinger | Reuters First Solar, the United States’ largest manufacturer of solar panels, revealed its plans on Thursday to construct a fifth factory in response to the growing domestic manufacturing trend fuelled by the Inflation Reduction Act. …
Research indicates that Facebook’s algorithm might not be the sole cause of extreme political polarization on its platforms. In a collaboration involving institutions such as Princeton University, Dartmouth College, and the University of Texas, researchers conducted four studies to investigate the impact of social media on democracy and the 2020 presidential election. The studies, published …
Sundar Pichai, CEO of Alphabet Inc., spoke at the Google I/O developers conference in Mountain View, California on May 10, 2023. Image: David Paul Morris | Bloomberg | Getty Images Google recently unveiled its latest artificial intelligence model, Robotics Transformer 2 (RT-2), which aims to enhance robot understanding and performance in tasks such as trash …
The Meta Quest 3 VR headset, developed by Meta, is undergoing significant changes to its Horizon Worlds virtual reality app. The aim is to incorporate more video games into the social platform, which has struggled to gain a large audience. Horizon Worlds is a free virtual reality social network where users can create avatars and …
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Agency | Getty Images Federal prosecutors have filed a request to revoke the bail of Sam Bankman-Fried, the founder of FTX, in a Manhattan court on Friday. The prosecutors …
SpaceX conducted a “full-pressure test” of its new “flame deflector” system at the Starship Super Heavy launch site in Texas. However, it has come to light that the company did not apply for the necessary environmental permits to discharge industrial process wastewater into the surrounding area, as required by the Clean Water Act. The flame …
During Microsoft’s Ignite Spotlight event in Seoul, South Korea, on November 15, 2022, Satya Nadella, the CEO of Microsoft Corp., highlighted the importance of graphics processing units (GPUs) for the company’s rapidly growing cloud business. In their annual report released recently, Microsoft acknowledged the significance of GPUs as a critical component, including them in the …
Intel reported stronger-than-expected results for the second quarter on Thursday evening, surpassing expectations both in terms of revenue and earnings. This positive outcome comes as a relief to analysts and investors who witnessed Intel’s struggles in the previous quarters, where inventory clearance and retooling for AI-focused, GPU-heavy corporate investments presented challenges. Following the announcement, Intel’s …
Apple CEO Tim Cook made a low-key entrance at the State Dinner in honor of India’s Prime Minister Narendra Modi, which is in stark contrast to the buzz surrounding artificial intelligence (AI) generated by other tech giants. Companies like Alphabet, Microsoft, and Meta are constantly talking about AI and its potential, mentioning the term “AI” …