Alibaba founder Jack Ma is reportedly in good spirits amidst China’s crackdown on his business empire, according to company President Michael Evans. Photograph by Costfoto, courtesy of Future Publishing via Getty Images PARIS — Alibaba founder Jack Ma is alive and well, reassures Chinese e-commerce giant’s President at the Viva Tech conference in Paris. Ma’s …
In the serene environs of a nondescript office on a tranquil residential street in Mountain View, California, a team of ex-Googlers and their 50-person workforce toil away, striving to create a search engine that can one day challenge their previous employer. This ambitious venture, named Neeva, was founded in 2020 by Sridhar Ramaswamy, the former …
Zepz, the parent company of popular money transfer brands WorldRemit and Sendwave, is actively seeking mergers and acquisitions following a recent reduction in its workforce. The company’s CEO, Mark Lenhard, revealed to CNBC that Zepz, with a valuation of $5 billion and prominent investors like Accel, TCV, and Leapfrog, aims to expand its portfolio of …
The digital divide in America is a serious issue, with many households and businesses unable to access high-speed broadband service. According to the Federal Communications Commission, over 8.3 million homes and businesses across the country lack access to this essential utility. This problem affects people in rural areas like Clay County, West Virginia, where nearly …
Amsterdam hosted the annual Money2020 conference, attracting executives from fintech companies worldwide. While last year’s event buzzed with talk of embedded finance, open banking, and banking-as-a-service, this year, the narrative has changed little amid a slump in technology valuations and limited consumer spending. Investors remain keen on firms offering services to enterprises rather than consumers, …
The relaunched AI chatbot will come with a health warning, informing users that Bard may “display inaccurate or offensive information” with every answer. The release of Bard comes after the tech giant’s botched launch last month, where the tool displayed an inaccurate answer about the James Webb Telescope. Bard falsely claimed the telescope had taken …
Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference at Shoreline Amphitheatre in Mountain View, California, May 10, 2023. Justin Sullivan | Getty Images News | Getty Images Google’s cloud business is expanding its use of new artificial intelligence technologies in health care, giving medical professionals at Mayo Clinic the …