Apple Intelligence AI not coming to Europe this year

Apple Intelligence AI not coming to Europe this year

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024.  David Paul Morris | Bloomberg | Getty Images Apple said Friday it won’t release several upcoming features unveiled this month, including its flagship “Apple Intelligence” AI product, in … Read more

Recession risk remains low despite jump in unemployment rate, experts say

Recession risk remains low despite jump in unemployment rate, experts say

People walk past a restaurant, with a hiring sign outside, in Washington, D.C., on Oct. 5, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The unemployment rate, which has remained low for two years, has been inching higher in the first half of the year, according to data from the Bureau of Labor Statistics. For … Read more

Shein US IPO is dead, experts say

Shein US IPO is dead, experts say

The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop.  Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce company Shein’s hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and … Read more

Amazon plastic air pillows to be replaced with paper filler

Amazon plastic air pillows to be replaced with paper filler

Amazon said Thursday it has removed 95% of the plastic air pillows from its packaging in North America and will replace them with paper fillers made from 100% recycled content. It marks Amazon’s largest plastic-packaging reduction effort and will help it remove nearly 15 billion plastic pillows annually. “We are working towards full removal in … Read more

Anthropic Claude 3.5 Sonnet AI announced

Anthropic Claude 3.5 Sonnet AI announced

Jakub Porzycki | Nurphoto | Getty Images OpenAI competitor Anthropic on Thursday announced Claude 3.5 Sonnet, its most powerful artificial intelligence model yet. Claude is one of the chatbots that, like OpenAI’s ChatGPT and Google‘s Gemini, has exploded in popularity in the past year. Anthropic, which was founded by ex-OpenAI research executives, has backers including Google, Salesforce and Amazon. … Read more

Europe’s top-funded genAI startups founded by ex-Big Tech staff: Accel

Europe’s top-funded genAI startups founded by ex-Big Tech staff: Accel

French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images Most of the top-funded generative artificial intelligence companies in Europe were founded by entrepreneurs with experience at U.S. … Read more

Solar is growing faster than any energy source as clean power for data centers

Solar is growing faster than any energy source as clean power for data centers

Aerial view of the Oberon Solar O&M farm on March 24, 2024 in Ector County, Texas. In 2023, Texas led the nation in solar installations on its power grid, surpassing California for its second consecutive year.  Brandon Bell | Getty Images Solar is booming in the United States as power demand surges, outpacing the growth … Read more

Amazon hit with $5.9 million fine for violating California labor law

Amazon hit with .9 million fine for violating California labor law

An Amazon warehouse Getty Images California’s labor regulator on Tuesday said it fined Amazon nearly $6 million for violating a state law aimed at curtailing the use of onerous warehouse productivity quotas. The California Labor Commissioner’s Office said it investigated two Amazon facilities in Moreno Valley and Redlands, both located east of Los Angeles, and … Read more

Amazon Labor Union votes to join forces with Teamsters

Amazon Labor Union votes to join forces with Teamsters

An Amazon Labor Union rally in the Staten Island borough of New York, on Sunday, April 24, 2022. Victor J. Blue | Bloomberg | Getty Images Members of the Amazon Labor Union, the first group of company workers to organize at a U.S. warehouse, have voted to affiliate with the International Brotherhood of Teamsters, the … Read more

Nvidia passes Microsoft in market cap, is most valuable public company

Nvidia passes Microsoft in market cap, is most valuable public company

Nvidia CEO Jensen Huang attends an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Nvidia, long known in the niche gaming community for its graphics chips, is now the most valuable public company in the world. Shares of the chipmaker climbed 3.2% in mid-day trading on Tuesday, lifting the … Read more