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Microsoft Settles for $14.4 Million Over Claims of Penalizing Protected Leave in California
Microsoft has agreed to a $14.4 million settlement regarding allegations that it retaliated against California employees who utilized legally protected time off. This settlement arises from complaints filed with California’s…
OpenAI Faces Two Major Security Incidents This Week
OpenAI, the prominent AI research lab and developer behind ChatGPT, has made headlines once again, this time for two significant security concerns. These issues have sparked debate about the company’s…
Proton Launches Proton Docs to Challenge Google Docs with Enhanced Privacy
Proton, a company that prioritizes user privacy, has introduced a new service called Proton Docs. This service is a direct competitor to Google Docs and is integrated within Proton’s existing…
Huawei Executive Dismisses Concerns Over Advanced Chip Shortage Impacting China’s AI Goals
At the World AI Conference in Shanghai, a three-day event that began on Thursday, Huawei’s senior executive Zhang Ping’an dismissed concerns that a shortage of advanced artificial intelligence (AI) chips…
Google’s AI Expansion Drives 50% Spike in Greenhouse Gas Emissions
Google’s ambitious strides in artificial intelligence are taking a toll on its environmental goals, as highlighted by the company’s 2024 Environmental Report. Over the past five years, Google’s greenhouse gas…
SoftBank has discussed funding an energy project with banks, The Information reports.
In a strategic move to capitalize on the burgeoning demand for energy driven by advancements in generative artificial intelligence, Japanese technology investor SoftBank Group is actively engaging in discussions with…
Binance.US ‘Prepared’ for SEC Legal Showdown
Binance.US, the United States-based branch of the global cryptocurrency exchange Binance, is gearing up for an extended legal battle with the Securities and Exchange Commission (SEC). According to an announcement…
SEC Commissioner Mark Uyeda Criticizes Agency’s Approach to Crypto Filings as ‘Problematic’
SEC Commissioner Mark Uyeda has expressed concerns about his agency’s approach to crypto disclosure rules, describing the generic application to crypto asset filings as “problematic.” In a statement released on…
Crypto ‘Relief Rally’ May Be Just Beginning, with Sellers Exhausted
The cryptocurrency markets may be poised for a “relief rally” following a tumultuous June, with analysts suggesting that selling pressure on exchanges has eased. Crypto intelligence platform Santiment posted an…
Michigan Launches Nation’s First Smart Highway
Michigan is set to revolutionize its infrastructure by constructing the first smart highway in the United States. This development involves equipping a three-mile section of Interstate 94 with advanced sensors…
Bitcoin Miner Northern Data Eyes $16B IPO for US Cloud and Mining Units
German Bitcoin miner and cloud computing firm Northern Data AG is reportedly planning an initial public offering (IPO) for two of its entities in the United States, aiming for a…
Hyundai and LG Energy of South Korea Launch Indonesia’s First Battery Cell Plant
Hyundai Motor Group and LG Energy Solution have opened a $1.1 billion battery cell plant in Indonesia, marking a significant milestone for the country’s ambitions to become an electric vehicle…
Amazon Shuts Down Astro for Business After Short Run
Amazon has officially terminated its Astro for Business, a security robot designed for workplace environments, just eight months after its introduction in November 2023. This decision underscores Amazon’s strategic shift…
AMD Zen 6 Chips May Arrive Sooner Than Expected
At last month’s Computex event, AMD took the stage to announce its highly anticipated Zen 5-based desktop and mobile processors, which are set for release later this month. This announcement…
Meta Explores Generative AI to Revamp Metaverse Gaming
Meta is actively expanding its use of generative AI in metaverse games, targeting both its proprietary and non-Meta platforms like smartphones and PCs. The initiative focuses on enhancing the gaming…
Australia Spy Agency Partners with Amazon to Move Intelligence Data to the Cloud
SYDNEY – In a significant technological advancement, Australia will transition its top secret intelligence data to the cloud through a A$2 billion deal with Amazon Web Services (AWS). Defence Minister…
How Innovative AI Can Transform the Workplace
Ever wondered how artificial intelligence could revolutionize your company’s productivity and efficiency? Imagine streamlining processes, enhancing decision-making, and automating repetitive tasks with the power of AI. From predictive analytics to…
Foxconn Secures License to Invest an Additional $551 Million in Vietnam, Media Reports
Foxconn Singapore has been granted a license to invest $551 million in two innovative projects aimed at producing smart entertainment products and smart-system equipment in Quang Ninh, a northern province…
Apple to Support Alternative Payments for Vision Pro in EU
Apple has announced that its forthcoming Vision Pro headset will support alternative payment methods when it launches in the European Union, aligning with the Digital Markets Act (DMA). This strategic…
Samsung’s Exynos W1000 Chip to Power the Upcoming Galaxy Watch7 Series
Samsung is set to showcase its latest innovation in smartwatch technology at the much-anticipated Galaxy Unpacked event in Paris on July 10. The tech giant has recently announced the Exynos…