Tech Giants Escalate AI Spending Amid Slow Returns, Prompting Investor Concern

Tech Giants Escalate AI Spending Amid Slow Returns, Prompting Investor Concern

As tech behemoths intensify their investments in artificial intelligence (AI), pouring billions of dollars into various AI-related endeavours, the anticipated financial dividends are proving to be elusive. Meta's recent disclosure

OpenAI Officially Transitions to For-Profit Status, Microsoft Secures 27% Stake

OpenAI Officially Transitions to For-Profit Status, Microsoft Secures 27% Stake

OpenAI has officially completed its transition from a non-profit research organisation to a for-profit entity - a move that positions the company to attract billions in new investments and possibly

Senator Brown Urges Biden Administration to Ban Chinese-Made Electric Vehicles Amidst Growing National Security Concerns

Senator Brown Urges Biden Administration to Ban Chinese-Made Electric Vehicles Amidst Growing National Security Concerns

Senator Sherrod Brown, chair of the Senate Banking Committee and representing the car-producing state of Ohio, has issued a fervent call to President Joe Biden, urging the administration to implement

India’s Competition Regulator Greenlights $8.5 Billion Reliance-Disney Mega Merger

India’s Competition Regulator Greenlights $8.5 Billion Reliance-Disney Mega Merger

India's competition watchdog has given provisional approval to an $8.5 billion (£6.43 billion) merger between Disney and Reliance Industries, setting the stage for the creation of India's largest entertainment conglomerate.

Elon Musk’s X Just Sued a Nonprofit Advertising Group Out of Existence

Elon Musk’s X Just Sued a Nonprofit Advertising Group Out of Existence

The Global Alliance for Responsible Media (GARM), a key advertising industry group, has announced its closure just days after Elon Musk’s X, formerly known as Twitter, filed a lawsuit against

Couple Suing Eataly Boston After Woman Slipped on Piece of Prosciutto and Broke Ankle, Lawsuit States

Couple Suing Eataly Boston After Woman Slipped on Piece of Prosciutto and Broke Ankle, Lawsuit States

A New Hampshire couple has initiated legal proceedings against Eataly Boston following an incident in which a woman allegedly slipped and fell on a piece of prosciutto within the store,

Snap Inc Announces Layoffs, Cutting 10% of Global Workforce, Approximately 500 Jobs

Snap Inc Announces Layoffs, Cutting 10% of Global Workforce, Approximately 500 Jobs

Snap Inc, the parent company of Snapchat, has revealed plans to lay off 10% of its staff, impacting around 500 global full-time employees. The tech firm joins the recent trend

Wells Fargo Accused of Scheduling FAKE Job Interviews With Black Applicants to Boost Diversity Stats

Wells Fargo Accused of Scheduling FAKE Job Interviews With Black Applicants to Boost Diversity Stats

A former employee has accused Wells Fargo of scheduling fake interviews with black and female candidates for roles that were already filled in order to boost the bank's diversity statistics.  Former

McDonald’s Introduces $5 Value Meal to Tackle Inflation and Boost Sales

McDonald’s Introduces $5 Value Meal to Tackle Inflation and Boost Sales

McDonald's has unveiled a new $5 value meal aimed at attracting customers amid rising inflation and sluggish sales. Starting June 25, the fast-food giant will offer the "$5 Meal Deal"

YouTube Users Frustrated as Videos Stream in Low Quality Amid Unresolved Glitch

YouTube Users Frustrated as Videos Stream in Low Quality Amid Unresolved Glitch

YouTube users have been experiencing significant video quality issues over the past week, with many reporting that videos and Shorts are displaying in blurry, pixelated resolutions despite having strong internet

Google Ordered to Pay $425M in Major Privacy Breach Case

Google Ordered to Pay $425M in Major Privacy Breach Case

Google has been ordered to pay $425 million (£316.3 million) in damages after a U.S. federal court ruled that the tech giant violated users' privacy by collecting data even after

The Biggest Deal in Gaming Hangs in the Balance

The Biggest Deal in Gaming Hangs in the Balance

After a surprise decision by the UK’s Competition and Markets Authority (CMA) last week, the biggest acquisition in gaming history hangs in the balance. Microsoft’s $68.7 billion deal to acquire

PlayStation Network Outage Sparks Global Frustration Among Gamers

PlayStation Network Outage Sparks Global Frustration Among Gamers

PlayStation users worldwide have been left frustrated as a major PlayStation Network (PSN) outage has stretched into its second day, preventing gamers from accessing online services. 24 Hours Without PSN

Introducing the World’s Largest 3D-Printed Home Community in Texas

Introducing the World’s Largest 3D-Printed Home Community in Texas

The future of homebuilding is taking shape in Texas as the world's largest community of 3D-printed homes is under construction. The groundbreaking neighbourhood, located in Georgetown, Texas, just unveiled its

Microsoft Launches Xbox Mastercard Nationwide, Offering Exclusive Rewards to US Residents

Microsoft Launches Xbox Mastercard Nationwide, Offering Exclusive Rewards to US Residents

Microsoft's highly anticipated Xbox Mastercard, initially unveiled last year, has officially launched nationwide, extending its enticing benefits to all eligible US residents. Following a successful pilot phase with members of

Aircraft Lessor SMBC Aviation Nears $7 Billion Deal For Rival Goshawk, Sources Say

Aircraft Lessor SMBC Aviation Nears $7 Billion Deal For Rival Goshawk, Sources Say

SMBC Aviation Capital, one of the world's biggest aircraft lessors, is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt, people familiar with the matter

Zuckerberg, Meta Executives Reach Settlement in $8 Billion Facebook Privacy Lawsuit

Zuckerberg, Meta Executives Reach Settlement in $8 Billion Facebook Privacy Lawsuit

Meta CEO Mark Zuckerberg and other top executives have reached a settlement with shareholders over a high-profile lawsuit linked to Facebook’s repeated privacy breaches, including the infamous Cambridge Analytica scandal.

Tesla Cuts Prices Again – Investors Should Focus on This Instead

Tesla Cuts Prices Again – Investors Should Focus on This Instead

It feels as if every day brings new price changes from Tesla TSLA –0.65% . Investors are getting used to them. The bigger deal now is the electric-vehicle company’s first-quarter

Can $1 Home Schemes Revive Urban Areas, or Are They Just a Quick Fix?

Can $1 Home Schemes Revive Urban Areas, or Are They Just a Quick Fix?

The concept of selling homes for $1 to combat urban decay has been tried in various cities for decades, beginning in the United States and extending globally. But the question

Legend Twist Adds Flavour to Niniola’s Exclusive Album Listening Party

Legend Twist Adds Flavour to Niniola’s Exclusive Album Listening Party

In a night charged with vibrant energy and smooth beats, Legend Twist played a key role in sponsoring Niniola’s exclusive listening party for her new album Press Play, hosted by

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