Amazon launches AI-powered shopping assistant Rufus
Amazon launched its new Rufus AI-powered shopping assistant on Thursday to a select group of beta users ahead of a broader rollout to all U.S. users in the coming weeks.
Apple quarterly profit, revenue top Wall Street targets but China lags
Apple released its first quarter financial results on Thursday, saying it generated $119.6 billion in revenue and $33.92 billion in net income.
Identity and access management company Okta to slash 400 jobs
Okta on Thursday announced plans to cut its headcount by approximately 400 workers. That equates to about 7% of its workforce, according to the identity company.
Google parent Alphabet sees AI investment providing long-term opportunities
For Google parent Alphabet and its investors, the race to dominate artificial intelligence is a balancing act of spending against a potential payoff and an uncertain timetable.
TikTok CEO grilled on Chinese Communist Party influence, searches of Taylor Swift vs. Tiananmen Square
Sens. Ted Cruz, R-Texas, and Tom Cotton, R-Ark., grilled TikTok CEO Shou Zi Chew on how the Chinese app is "poisoning the minds" of American youths at a Senate hearing.
EBay to pay $59M to settle US charges over illegal pill presses
The Justice Department said criminals can use pill presses and encapsulating machines to illegally manufacture counterfeit pills, including fentanyl-laced pills.
X CEO Linda Yaccarino to outline platform’s measures against child sex abuse at Senate hearing
X CEO Linda Yaccarino will testify with several leaders of other social media platforms before a Senate panel as lawmakers and industry crack down on child sexual exploitation.
Nevada files lawsuit against Facebook, Instagram, Messenger, Snapchat and TikTok: 'Hazard to public health'
Nevada Attorney General Aaron Ford filed civil lawsuits Tuesday against the parent company of Snapchat and Meta-owned Facebook, Instagram, Messenger.
GM to cut spending on robotaxi unit Cruise in half
General Motors is halving spending on its driverless robotaxi unit Cruise amid investigations into the unit after an October accident involving a pedestrian.
Will generative AI pay off for businesses in 2024?
Integrating generative artificial intelligence tools is not delivering the return on investment some businesses expect, and one expert says 2024 will be the year owners demand results.
Amazon terminates iRobot acquisition due to regulatory hurdles
Amazon is terminating its planned $1.4 billion acquisition of vacuum maker iRobot, which was facing scrutiny from U.S. and European antitrust regulators.
Elon Musk's X to hire 100 content moderators in Austin this year
Elon Musk-owned X announced a new content moderation push that will include the hiring of 100 content moderators at a facility in Austin, Texas, to root out child abuse online.
Facebook and Instagram accused of allowing predators to share tips with each other about victimizing children
New Mexico AG Raúl Torrez is bringing legal action against Meta, because he alleges they rejected its own safety teams’ recommendations to make it harder for adults to communicate with children.
Microsoft cuts 1,900 jobs in gaming division
Microsoft joined a growing list of companies to announce layoffs shortly into the new year. The cuts are impacting its gaming division, including Activision Blizzard workers.
Amazon no longer allowing police to solicit Ring doorbell video
Amazon-owned company Ring will no longer allow law enforcement to contact users on the products' Neighbors app, according to an announcement from the company's general manager.
Manhattan DA Alvin Bragg calls for cash apps to crack down on fraudsters
Manhattan District Attorney Alvin Bragg calls for leading digital payment apps, including Venmo, Zelle and Cash App, to strengthen user's security safeguards amid an uptick in crime.
Netflix subscriber growth blows past Wall Street estimates, stock rises
Netflix announced its fourth quarter earnings, which showed significant subscriber growth and higher revenue that sent its stock higher during Wednesday's trading session.
SAP to restructure 8,000 jobs in push towards AI, shares hit record
SAP has unveiled plans for a company-wide restructuring, saying about 8,000 positions would be affected. It is also boosting its AI efforts.
Elon Musk-led Tesla releases earnings today: What is in store?
Tesla will publish its latest financial results late Wednesday afternoon, something that shareholders and analysts are expected to closely watch.
Nearly half of job seekers use AI to polish their resumes
Job seekers are increasingly open to using AI tools to help draft their resumes, with nearly half of those surveyed by Canva indicating they have used AI on their resume.