May 05, 2024
Warren Buffett Cuts Stake in Apple by 13%
Warren Buffett’s Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate’s first quarter earnings report — released Saturday — showed the company’s investment in the tech giant...
May 05, 2024
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
In a twist for Italy’s banking giant Intesa Sanpaolo, its plans for digital expansion through Isybank have hit a roadblock following an antitrust ruling. The decision, delivered by Italy’s competition...
May 05, 2024
Google Responds to Epic’s Antitrust Demands as ‘Overreaching’ and ‘Unnecessary’
Following the antitrust ruling against Google late last year, the tech giant is now pushing back against Epic Games’ extensive list of proposed remedies. In a new filing, Google dubbed...
May 03, 2024
Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy
Microsoft’s decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry’s struggle to balance the promises and perils of artificial intelligence (AI)....
May 03, 2024
This Week in AI: Anthropic Goes to iPhone, AI Programming,...
This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech...
May 03, 2024
Apple Takes Measured Approach to AI Amid Tech Giants’ Race
As tech giants like Google, Microsoft and OpenAI accelerate their artificial intelligence (AI) efforts, Apple is charting a more deliberate course and expressing optimism about the technology’s future. The iPhone...
May 03, 2024
Google Asks Judge to Reject Proposed Changes to App Store
Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that the proposal “would make it...
May 03, 2024
Online Marketplaces Deploy AI to Provide Personal Shopper Experience
Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. EBay, Etsy and ThredUp are among the online marketplaces now leveraging AI technology to enhance the shopping experience...
May 03, 2024
Report: Sycamore Partners Interested in Taking Nordstrom Private
Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. The company is engaged in negotiations that are...
