In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor on February 13, 2024 in Los Angeles, California. Mario Tama | Getty Images Reddit is seeking a valuation of up to $6.5 billion in its upcoming IPO, according to a person familiar with the matter. The company plans to … Read more
There are several different pieces of legislation going through the U.S. Congress that focus on AI-related areas. But there is still no official regulation that focuses specifically on AI. Pol Cartie | Sopa Images | Lightrocket | Getty Images BARCELONA — A top executive at Salesforce says she is “optimistic” that U.S. Congress will make … Read more
An EE mobile phone store, operated by BT Group, in Reading, U.K. in 2020. Jason Alden | Bloomberg | Getty Images BARCELONA — British telecommunications giant BT says it expects to launch its first so-called “standalone 5G” network in 2024. Howard Watson, BT’s chief technology officer, told CNBC that the telco group plans to switch … Read more
Mobile World Congress 2024, the world’s biggest mobile trade show, had a lot of future-looking tech on display. Arjun Kharpal | CNBC The Mobile World Congress, the world’s largest mobile show, is a place where device makers show off some of their latest innovations. And there was quite a lot on display in Barcelona, Spain, … Read more
Meta’s Mark Zuckerberg plans to visit South Korea, scheduling key meetings during the trip, according to a statement by Meta on Wednesday, which did not provide further details. Reportedly, Zuckerberg is anticipated to meet with Samsung Electronics chairman Jay Y. Lee later this month to discuss AI chip supply and other generative AI issues, as … Read more
Apple announced to its employees earlier this week that the long-running Apple Car project — Project Titan — is no more. The news isn’t exactly a surprise, given that the last few years have been filled with story after story after story about the project’s struggles, but a new postmortem shows that Titan floundered from … Read more
Signage at a Byju’s Tuition Center, operated by Think & Learn Pvt., in Mumbai, India, on Friday, Feb. 2, 2024. A unit of Byju’s, once one of India’s hottest tech startups, was put into bankruptcy in the US by a court-appointed agent who took over the shell company after it defaulted on $1.2 billion in … Read more
Small private practices and health-care providers are facing mounting financial pressures as crucial reimbursement systems remain down for the ninth day, following the cyberattack on Change Healthcare. Change Healthcare offers tools for payment and revenue cycle management that help facilitate transactions between providers and most major insurance companies. Its parent company UnitedHealth Group discovered that … Read more
Change Healthcare on Thursday confirmed that ransomware group Blackcat is behind the ongoing cybersecurity attack that’s caused widespread disruptions to pharmacies and health systems across the U.S. “Our experts are working to address the matter and we are working closely with law enforcement and leading third-party consultants,” Change Healthcare told CNBC in a statement Thursday. … Read more
Apple CEO Tim Cook attends the Wonderlust event at the company’s headquarters in Cupertino, California, on Sept. 12, 2023. Loren Elliott | Reuters Apple on Thursday said it is expanding its self-service repair program to include its MacBook Pro and iMac models powered by the latest M3 chip. The program, which Apple announced in 2021, … Read more
