Google worked to reassure investors and analysts on Thursday during its quarterly earnings call that it’s still a leader in developing AI. The company’s Q4 2022 results were highly anticipated as investors and the tech industry awaited Google’s...
Salesforce finds itself in a rather unusual situation, with four activist investors operating inside the company at the same time: Elliott Management, Starboard Value, ValueAct and Inclusive Capital. Experts suggest that having so many activist investors in play...
A South Korean financial regulator said on Friday that the country had approved the Apple Pay launch to allow local credit card firms to introduce the Apple Pay service. The announcement comes nearly two months after South Korea’s Financial...
In October last year, Sendy, a Kenyan logistics scale-up, wound up its supplies service, which enabled retailers to purchase FMCGs directly from manufacturers, saying it was directing all its focus on its end-to-end fulfillment offering. Months later, the company...
I found an old leather jacket in the back of a closet recently. It’s a vintage item in fantastic shape — except for a huge tear in one of the front pockets. Two clothing donation centers rejected it, so...
Yesterday Amazon reported earnings, with AWS growing a modest 20% for the quarter over the prior year to $21 billion. But perhaps even more troubling, the company reported in the earnings call with analysts that growth dropped even...
A few more electric vehicle models now qualify for the federal EV tax credit, including GM’s Cadillac Lyric, the Ford Mustang Mach-E and Tesla’s five-seater Model Y, thanks to a change by the U.S. Treasury. The U.S. Treasury Department...
GitHub CEO Thomas Dohmke says that open source developers should be made exempt from the European Union’s (EU) proposed new artificial intelligence (AI) regulations, saying that the opportunity is still there for Europe to lead on AI. “Open source...
Dmytro Bilash Contributor The EU will invest €13.5 billion in research and innovation for 2023-2024 as part of the Horizon Europe program. For the first time in the program’s history, it will include...
Apple had a rare quarter where it missed its revenue target due to problems in the supply chain and manufacturing. But its services revenue was a bright spot in the earnings. The company said it now has 935...
It there’s one thing Nothing’s first phone excelled at, it was bringing a bit of excitement to the staid world of smartphones. Shipments have been stagnating, slowing and contracting for the past several years, and are now at...
All social media companies are in a race to win the short video war and Google is showing some progress against TikTok and Instagram. The search giant said during its latest earnings call that YouTube Shorts has crossed...
SunFi, the Nigerian clean tech startup that connects people and businesses who want solar energy access to payment plans that match their needs, has raised $2.325 million in seed funding. The self-described energy financial tech platform received backing from...
Twitter is in a hurry to make money, and in another step that might lead to some revenue it has expanded the Twitter Blue subscription to six new countries. The paid plans are now available in Saudi Arabia,...
Damus, one of the fastest-growing Twitter alternatives, has been pulled from China’s App Store just two days after the app was approved by Apple. The app, which runs atop the Jack Dorsey-backed decentralized social networking protocol Nostr, was removed...
Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability and long-term growth,” the company said in a statement. Per...