Microsoft, Google integrate AI into products Microsoft, Google integrating more AI into products 03:20 Microsoft briefly dethroned Apple as the world’s most valuable company, as its foray into generative AI continues to push up its stock price. The software giant’s stock on Thursday jumped as much as 2%, putting the firm’s market valuations at $2.903…
Sopa Images | Lightrocket | Getty Images Google launched several new tools for retailers using generative artificial intelligence to improve online shopping experiences and other retail operations, its cloud business announced in a release Thursday. The suite of new products includes a generative AI-powered chatbot that retailers can use on websites and mobile apps. The…
Amazon‘s Audible division is cutting approximately 5% of its staff in an effort to position the unit “for continued success,” the executive overseeing the division told employees Thursday. “We did not take this route without considerable thought,” Audible CEO Bob Carrigan wrote in a memo to staffers that was viewed by CNBC. “But getting leaner…
Comment on this storyComment Add to your saved stories Save As 2024 gets rolling, companies are still cutting costs, with Google and Amazon being the latest big company to do layoffs. The near future could bring more. “We saw a big surge of hiring … when people went online in 2020,” said Brett House, professor…
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images Online retailer eBay Inc. will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees who sent live spiders, cockroaches and other disturbing items to the home of a Massachusetts couple, according to court papers filed Thursday. The Justice Department charged eBay…
Online retailer eBay Inc., will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees who sent live spiders, cockroaches and other disturbing items to the home of a Massachusetts couple, according to court papers filed Thursday. The Justice Department charged eBay in a criminal information with stalking, witness…
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort to win cloud deals over larger rivals Amazon and Microsoft involves making it cheaper for clients to leave. In a blog post Thursday, Google took aim…
A woman holds a smartphone with the USD Coin logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Circle, the issuer of the USDC stablecoin, has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, a little more than a year after terminating a…
Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical components to Russia, according to…
Rental firm Hertz Global Holdings said Thursday it would sell about 20,000 electric vehicles from its US fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the company, which operates vehicles from Elon Musk’s Tesla and Swedish EV maker Polestar among others, fell about 3% at market open. Hertz had said…
