Business

Google is currently under scrutiny for the demonstration video accompanying the launch of its latest artificial intelligence model, Gemini. In a move that coincided with the approach of the year’s end, Google introduced Gemini, touting it as their most extensive and advanced AI model to date. The demonstration video, shared ...

The New Zealand dollar experienced a 1% surge, reaching close to 0.62 against the U.S. dollar following the announcement by the Reserve Bank of New Zealand to maintain its official cash rate at 5.5%. The central bank issued a warning about the potential for further rate increases as a measure ...

Crypto prices have rebounded following a significant dip earlier in the week, with bitcoin achieving a new peak for the year on Friday. According to Coin Metrics, bitcoin registered a 1.42% increase, reaching $37,862.76, a level not seen since May 2022. The cryptocurrency is poised to conclude the week with ...

After experiencing a continuous decline for 27 consecutive months on a year-on-year basis, global smartphone sales saw a notable uptick in October, as revealed by data from Counterpoint Research. This resurgence was primarily driven by a recovery in emerging markets. The report indicates a 5% year-on-year growth in sell-through transactions, ...

On Friday, the White House strongly condemned Elon Musk for endorsing what they termed as “Antisemitic and racist hate.” The criticism came in response to a statement by the Tesla CEO and owner of X Corp., where he expressed agreement with a social media post accusing “Jewish communities” of promoting ...

Paddy Cosgrave, a well-known figure as the CEO and co-founder of the annual tech conference Web Summit, has taken a significant step by resigning from his post due to the backlash he received for his comments regarding the Israel-Hamas war. This incident also had far-reaching consequences, with major tech giants ...

Recent filings with the California Employment Development Department reveal that Qualcomm is set to reduce its workforce by approximately 1,258 positions across two of its California offices. As of its last annual financial filing in September 2022, the company employed roughly 51,000 individuals, signifying that this reduction accounts for approximately ...

On Thursday, the U.S. Securities and Exchange Commission (SEC) took legal action against Elon Musk, aiming to enforce his testimony regarding his acquisition of Twitter in the previous year. Legal representatives from the SEC asserted in a court filing, made public in the Northern District of California, that Musk did ...

Elon Musk’s pioneering neurotechnology firm, Neuralink, has unveiled its plans to commence patient recruitment for its inaugural in-human clinical trial, as disclosed in an official blog post. This pivotal study, known as the PRIME Study, marks a significant milestone for Neuralink, having secured the green light from an independent institutional ...

On Tuesday, cryptocurrencies experienced a collective increase in value, contrasting with the stock market’s performance. This shift coincided with the actions of ratings agency Moody’s, which placed the U.S. banking sector under scrutiny. Bitcoin made a gain of approximately 2.5% and was recently valued at $29,785.88, as reported by Coin ...