News

Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems

2 min read

• News

Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems

admin February 21, 2025

Tesla is voluntarily recalling 376,241vehicles in the U.S. to correct an issue with failing power-assisted steering systems.

Read More

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage

2 min read

• News

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage

admin February 21, 2025

Shares of Hims & Hers tumble 21% after FDA says semaglutide is no longer in shortage

Read More

Block shares plunge 17%, head for worst day in 5 years after earnings miss

2 min read

• News

Block shares plunge 17%, head for worst day in 5 years after earnings miss

admin February 21, 2025

Block was on pace for its worst day on the stock market since 2020 after the company...

Read More

Elon Musk has a problem with X’s Community Notes when he disapproves of the results

5 min read

• News

Elon Musk has a problem with X’s Community Notes when he disapproves of the results

admin February 21, 2025

Elon Musk on Thursday claimed that X's Community Notes needs a "fix" because the service can allegedly...

Read More

Apple’s Vision Pro has a problem a year into its existence: Not enough apps

6 min read

• News

Apple’s Vision Pro has a problem a year into its existence: Not enough apps

admin February 21, 2025

Apple said in August that the Vision Pro had 2,500 apps. According to one firm's analysis, fewer...

Read More

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

2 min read

• News

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

admin February 21, 2025

DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.

Read More

Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante

5 min read

• News

Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante

admin February 21, 2025

Executives at Google and Meta said that Europe's artificial intelligence industry is being held back by excessive...

Read More

Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers

4 min read

• News

Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers

admin February 21, 2025

DeepSeek's rise came as a timely confidence boost as the Chinese leadership faces a prolonged economic gloom...

Read More

Meta approves plan for bigger executives bonuses following 5% layoffs

2 min read

• News

Meta approves plan for bigger executives bonuses following 5% layoffs

admin February 20, 2025

Meta's executive officers could earn a bonus of 200% of their base salary under the company's new...

Read More

Block shares fall on profit, revenue miss

2 min read

• News

Block shares fall on profit, revenue miss

admin February 20, 2025

Block, formerly known as Square, got off to a sluggish start on Wall Street this year after...

Read More

Amazon surpasses Walmart in revenue for the first time

2 min read

• News

Amazon surpasses Walmart in revenue for the first time

admin February 20, 2025

Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.

Read More

Amazon to gain creative control of James Bond franchise from Broccoli family

2 min read

• News

Amazon to gain creative control of James Bond franchise from Broccoli family

admin February 20, 2025

Amazon reached a deal with the Broccoli family, the James Bond franchise's longstanding producers, to form a...

Read More

OpenAI tops 400 million users despite DeepSeek’s emergence

3 min read

• News

OpenAI tops 400 million users despite DeepSeek’s emergence

admin February 20, 2025

OpenAI now has 400 million weekly active users, up from 300 million in early December, OpenAI’s chief...

Read More

Chinese smartphone firm Oppo launches slim $1,870 folding phone to rival Samsung, Huawei

3 min read

• News

Chinese smartphone firm Oppo launches slim $1,870 folding phone to rival Samsung, Huawei

admin February 20, 2025

Chinese smartphone maker Oppo on Thursday revealed the Find N5, a new flagship that can fold in...

Read More

Europe risks becoming a ‘museum’ if it doesn’t innovate in AI and deregulate, Swedish PM warns

2 min read

• News

Europe risks becoming a ‘museum’ if it doesn’t innovate in AI and deregulate, Swedish PM warns

admin February 20, 2025

"I think we really need to step up in Europe," Sweden's Prime Minister Ulf Kristersson said Thursday.

Read More

Apple unveils cheaper iPhone 16e powerful enough to run AI

3 min read

• News

Apple unveils cheaper iPhone 16e powerful enough to run AI

admin February 19, 2025

The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on...

Read More

Microsoft reveals its first quantum computing chip, the Majorana 1

2 min read

• News

Microsoft reveals its first quantum computing chip, the Majorana 1

admin February 19, 2025

Microsoft's initial quantum processor, which contains eight topological qubits, is a step toward 1 million qubits and...

Read More

AI startup Baseten raises $75 million following DeepSeek’s emergence

3 min read

• News

AI startup Baseten raises $75 million following DeepSeek’s emergence

admin February 19, 2025

Baseten, a startup that runs artificial intelligence models for clients on their cloud infrastructure, has raised $75...

Read More

AI health-care startup OpenEvidence raises funding from Sequoia at $1 billion valuation

3 min read

• News

AI health-care startup OpenEvidence raises funding from Sequoia at $1 billion valuation

admin February 19, 2025

The new $75 million cash injection values OpenEvidence at $1 billion, the two companies told CNBC. 

Read More

Etsy stock tumbles on revenue miss as company reports drop in number of goods sold

3 min read

• News

Etsy stock tumbles on revenue miss as company reports drop in number of goods sold

admin February 19, 2025

Etsy, which is known for selling artisan and handcrafted goods, is facing heightened competition from Chinese online...

Read More