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With its list of Apple Design Awards finalists, Apple is celebrating indie apps and startups over bigger tech firms — including those offering AI chatbots. At a time when its App Store model has been called into question by legislators and regulators alike, Apple's annual list of what it considers the best and most technically innovative software available on its platform is turning its attention to the little guy. There's no ChatGPT to be found on Apple's list of finalists, for example. Instead...
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Representatives from companies including Alphabet, Meta, Microsoft, TikTok and X met on Thursday with U.S. special envoy Deborah Lipstadt to monitor and combat antisemitism. Lipstadt requested that each company designate a policy team member to address the issue and conduct training for key personal to identify antisemitism and publicly report trends in anti-Jewish content. "We welcomed this convening and were pleased to come together to share facts about the ongoing steps TikTok takes on this important issue and to continue to learn from experts in the room," a TikTok spokesperson said...
Continue ReadingMicrosoft Corp (NASDAQ:MSFT) backed OpenAI has established a new board committee dedicated to evaluating the safety and security of its artificial intelligence models. The governance change comes shortly after the resignation of a key executive in the area and the subsequent disbanding of his internal team. OpenAI announced that the committee will spend 90 days assessing the safeguards in its technology before presenting a report, according to a report from Bloomberg. The company plans to public...
Continue ReadingGameStop soars after completing an offering of 45 million shares for proceeds of about $933.4 million, Nvidia stock gets a boost from an announcement that Elon Musk’s XAI raised $6 billion in the start-up’s latest fundraising round, and DraftKings tumbles as Illinois senators pass a new budget that includes a tax increase on sports-betting operators...
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A potential offer from Google parent Alphabet is confirmed...
Continue ReadingShares of sales and marketing software maker HubSpot (NYSE:HUBS) jumped 9.5% in the morning session after CNBC's David Faber confirmed rumors that Alphabets is in talks to acquire the company. Faber added, "There have been many reports about HubSpot being in conversations with Google...My understanding is absolutely true, all stock deal for Alphabet to acquire HubSpot."...
Continue ReadingNvidia's shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street's biggest players. Last trading at $1,128, Nvidia's market capitalization reached $2.8 trillion, compared to a market value of $2.9 trillion for Apple, which is Wall Street's second-most valuable company after Microsoft...
Continue ReadingNvidia Corporation's valuation keeps climbing while its growth prospects are declining. Find out why I am rating NVDA stock a sell at current levels...
Continue ReadingToyota’s recent powertrain decision shows just how complicated the global car business has become. Complexity could jeopardize profits in years to come...
Continue ReadingProxy adviser firm Glass Lewis weighed in on Tesla’s upcoming shareholder proposals and once again said CEO Elon Musk’s pay package is a problem...
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