Microsoft’s stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most valuable company, just behind iPhone maker Apple. Microsoft and Apple shares have been vying for the top spot as the most capitalized stock on Wall Street since the start of the year, with…
EBay will lay off about 1,000 full-time employees, or roughly 9% of its overall workforce, as it looks to reverse a major slump at the once-booming online marketplace, the company said. The San Jose, Calif.-based auction site asked its remaining employees to work from home on Wednesday “to provide some space and privacy” as it…
Apple has been steadily pouring resources into the pursuit of advanced intelligence products – and the tech giant is reportedly planning to integrate the features into future versions of its iPhones. The Cupertino, Calif.-based company has acquired a whopping 21 AI startups since 2017, the Financial Times reported, citing PitchBook data. More transactions could be…
Bilt Rewards, a New York-based startup that operates a loyalty platform where users can earn points on rent payments, has more than doubled its valuation to $3.1 billion – and added NFL Commissioner Roger Goodell and former American Express CEO Kevin Chenault to its board. Led by former Tinder executive Ankur Jain, the New York-based…
After years of anticipation, Apple’s first major new product in nearly a decade has arrived. The $3,500 Vision Pro, a face computer that resembles ski goggles, will be released next week. So, what can we expect? The device, which includes high-resolution displays and sensors that track eye movements and hand gestures, is one of Apple’s…
College students may soon be able to attend lectures given by long-dead pioneers like Albert Einstein and Coco Chanel thanks to groundbreaking hologram technology, according to a report. Some universities have already begun using the holographic technology to bring some of the world’s greatest innovators and artists, like Michael Jackson, to the classroom, The Guardian…
Peek-AI-boo! At Paris haute couture fashion week on Monday, Schiaparelli’s creative director, Daniel Roseberry, wowed viewers yet again with his mind-boggling, futuristic collection featuring an extra-terrestrial flare — even introducing a microchip-encrusted baby doll. The spring ’24 line served as an ode to the turn of the century — several pieces paid homage to the…
News outlets are experiencing major losses in visitor traffic – and hits to their revenue – as Facebook and Instagram parent Meta pivots away from the news business, according to a report. Despite its massive base of more than three billion users, Mark Zuckerberg’s social-media apps accounted for just 33% of overall social media traffic…
Amazon was slapped with a $35 million fine Tuesday after regulators in France determined that the e-commerce giant has an “excessively intrusive system” for keeping tabs on its warehouse workers. The French Data Protection Authority, or CNIL, called out the company’s branch in the country, Amazon France Logistique, for requiring employees to use a barcode…
One of the largest data breaches to date could compromise billions of accounts worldwide, prompting concerns of widespread cybercrime. Dubbed the “Mother of All Breaches,” the massive leak revealed 26 billion records — including popular sites like LinkedIn, Snapchat, Venmo, Adobe and X, formerly Twitter — in what experts are calling the biggest leak in…
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