Tech

AI Tech Giants Actively Looking to Acquire AI Training Data

During its heyday in the early 2000s, Photobucket reigned as the premier image-hosting platform globally. Serving as the media backbone for once-popular platforms like Myspace and Friendster, it amassed 70...

Generative AI ‘FOMO’ is Attracting Tech Heavyweights To Invest Billions into the Startup

Despite an unfavorable regulatory environment stopping traditional acquisitions, tech giants are actively investing billions of dollars in emerging technologies. Amazon recently made its largest venture...

Cisco Launches Workforce Consortium As AI Impact is Apparent on Tech

Cisco Systems recently announced the AI-Enabled Information and Communication Technology (ICT) Workforce Consortium, a coalition comprised of eight industry leaders, including Microsoft, Intel, Accenture,...

Samsung Total Profits Rose by 900% Compared to Last Year

Samsung Electronics has announced a significant surge in profits for the first quarter of 2024, expecting a remarkable tenfold increase compared to the same...

Meta New Policy To Disallow Any News on Instagram or Facebook

Meta, the parent company of Facebook and Instagram, has initiated the removal of news publishers from its platforms in select markets, a move that...

J&J Buys Out Shockwave Medical for 12.5 Billion Dollar, Aiming to Expand its Range of Medical Devices

Johnson & Johnson announced on Friday its agreement to acquire Shockwave Medical for $12.5 billion, a move aimed at expanding its range of medical...

World Richest Billionaires in 2024 Are Tech Company Owners

Technology company owners dominated the World’s Billionaires List 2024 published by American magazine Forbes this week. Bernard Arnault, CEO of LVMH, the world’s largest luxury...

Apple Joins in Trend of Lay offs Across Tech Companies

Apple is set to lay off more than 700 employees across eight different locations, following the recent cancellation of its ambitious 'Project Titan' –...

Google and Microsoft Team Up to Upskill Workforce for AI

Tech giants like Google and Microsoft have joined forces to establish a task force to equip workers with skills for the era of artificial...

Jon Stewart Hot Take on the Advancements in AI Tech & Role of Tech Companies

Jon Stewart is directing his criticism towards tech industry leaders for their "false promises" regarding artificial intelligence (AI) and its impact on employment. On Monday's...

Amazon Continues the Layoffs in Cloud and Store Tech Departments

Reports indicate that Amazon is continuing its layoffs, with the Amazon Web Services (AWS) cloud computing unit planning to cut "several hundred" positions in...