Lenovo bets Motorola will be the third-biggest smartphone player in 3 years

Lenovo bets Motorola will be the third-biggest smartphone player in 3 years

A Motorola Razr Flip Smartphone kept at dispay at the launch event of the new Motorola Flip Smartphones, Motorola Razr 40 and Motorola Razr 40 Ultra, in New Delhi, India. Kabir Jhangiani | Nurphoto | Getty Images DAVOS, Switzerland — Motorola will likely be the third-biggest smartphone player in the world in three years, according … Read more

Mark Zuckerberg indicates Meta is spending billions on Nvidia AI chips

Mark Zuckerberg indicates Meta is spending billions on Nvidia AI chips

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta is spending billions of dollars on Nvidia’s popular computer chips, which are at the heart of artificial intelligence research and projects. In an Instagram … Read more

Amazon names logistics head as new AWS CFO

Amazon names logistics head as new AWS CFO

The Amazon Web Services logo at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Amazon said Thursday John Felton, the company’s top logistics executive, will take over as chief financial officer of its AWS cloud computing unit. In a blog post, Doug Herrington, Amazon’s worldwide retail chief, said … Read more

iRobot shares tank 30% on report EU plans to block Amazon acquisition

iRobot shares tank 30% on report EU plans to block Amazon acquisition

Roomba robot vacuums made by iRobot are displayed on a shelf at a Target store in San Rafael, California, on Aug. 05, 2022. Justin Sullivan | Getty Images Shares of iRobot plunged more than 33% in extended trading on Thursday after a report said the EU’s antitrust watchdog intends to block Amazon‘s planned acquisition of … Read more

AG suit alleges Meta estimated 100K kids per day sexually harassed on Facebook, Instagram

AG suit alleges Meta estimated 100K kids per day sexually harassed on Facebook, Instagram

A worker picks up trash in front of a new logo and the name ‘Meta’ on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. Justin Sullivan | Getty Images WASHINGTON — A new legal filing about child exploitation on Meta‘s Facebook and Instagram apps alleges a 2021 internal … Read more

Nvidia and AMD shares hit record highs on AI chip surge

Nvidia and AMD shares hit record highs on AI chip surge

Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters AMD and Nvidia hit all-time highs on Thursday as investors continue to clamor for shares of the companies building chips that power artificial intelligence. … Read more

Amazon layoffs hit its Buy with Prime unit

Amazon layoffs hit its Buy with Prime unit

A worker delivers Amazon packages in San Francisco on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images Amazon is laying off some employees in its Buy with Prime unit, the company confirmed, as it continues to look for ways to trim costs. The cuts affect fewer than 5% of staff in the Buy with … Read more

OpenAI announces first partnership with a university

OpenAI announces first partnership with a university

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024.  Denis Balibouse | Reuters OpenAI on Thursday announced its first partnership with a higher education institution. Starting in February, Arizona State University will have full access to ChatGPT Enterprise and plans to use it … Read more

We don’t want to see an AI ‘Hiroshima,’ Salesforce CEO warns

We don’t want to see an AI ‘Hiroshima,’ Salesforce CEO warns

Marc Benioff, co-founder, chairman and CEO Salesforce, speaking with CNBC’s Sara Eisen at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC The tech industry is setting down safety protocols and establishing trust principles in relation to the developing AI software that has taken the world by … Read more

Google CEO says job cuts needed in 2024 to serve ‘ambitious goals’

Google CEO says job cuts needed in 2024 to serve ‘ambitious goals’

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Google CEO Sundar Pichai is warning employees that more job cuts are coming this year as the company continues to shift investments toward areas like artificial intelligence. … Read more