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SONY REPORTS HIGHER PROFITS ON HEALTHY DEMAND FOR ITS VIDEO GAMES, MOVIES AND MUSIC
Sony’s profit rose 6.5% in the last quarter on robust demand for its video games, films and music, the Japanese electronics and entertainment company said this week.
A JUDGE HAS BRANDED GOOGLE A MONOPOLIST, BUT AI MAY BRING ABOUT QUICKER CHANGE IN INTERNET SEARCH
A federal judge has branded Google as a ruthless monopolist bent on suffocating it competitors. But how do you go about creating alternatives to a search engine that’s synonymous with internet exploration?
NVIDIA IS FACING AN ANTITRUST PROBE FROM US REGULATORS AMID COMPETITOR COMPLAINTS, REPORT SAYS
Antitrust tensions are heating up in the chipmaking industry.
GOOGLE ILLEGALLY MAINTAINS MONOPOLY OVER INTERNET SEARCH, JUDGE RULES
A judge this week ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world's best-known companies.
TESLA ATTORNEYS ASK JUDGE TO VACATE DECISION INVALIDATING MASSIVE PAY PACKAGE FOR ELON MUSK
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ELON MUSK SUES OPENAI, RENEWING CLAIMS CHATGPT-MAKER PUT PROFITS BEFORE 'THE BENEFIT OF HUMANITY'
This week Elon Musk filed a lawsuit against OpenAl and two of its founders, Sam Altman and Greg Brockman, renewing claims that the ChatGPT-maker betrayed its founding aims of benefiting the public good rather than pursuing profits.
APPLE BREAKS OUT OF RECENT SALES SLUMP AS IT GEARS UP TO MAKE ITS LEAP INTO THE AI CRAZE
Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that's expected to juice demand for its next iPhone.
FINANCIAL MARKETS AROUND THE WORLD STABILIZE AFTER RECENT ROUT. HERE'S WHAT TO KNOW
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday.
WHAT INVESTORS SHOULD DO WHEN THERE IS MORE VOLATILITY IN THE MARKET
U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average investor may still be understandably spooked.
JAPAN'S TOP AUTOMAKER TOYOTA ACKNOWLEDGES MORE CERTIFICATION CHEATING AND APOLOGIZES
Toyota reported more cases of cheating on certification tests for new models required by the Japanese government, on top of those acknowledged earlier.
NORTH KOREAN CHARGED IN CYBERATTACKS ON US HOSPITALS, NASA AND MILITARY BASES
A North Korean military intelligence operative has been indicted in a conspiracy to hack into American health care providers, NASA, U.S. military bases and international entities, stealing sensitive information and installing ransomware to fund more attacks, federal prosecutors announced.
SENATE PASSES BILL TO PROTECT KIDS ONLINE AND MAKE TECH COMPANIES ACCOUNTABLE FOR HARMFUL CONTENT
The Senate overwhelmingly passed legislation Tuesday that is designed to protect children from dangerous online content, pushing forward with what would be the first major effort by Congress in decades to hold tech companies more accountable for the harm that they cause.
NFL IS MOVING CLOSER TO REPLACING THE CHAIN GANG WITH NEW TECHNOLOGY TO MEASURE LINE TO GAIN
The NFL is moving closer to replacing the chain gang with new technology to measure line to gain.
JUSTICE DEPARTMENT SAYS TIKTOK COLLECTED US USER VIEWS ON ISSUES LIKE ABORTION AND GUN CONTROL
In a fresh broadside against one of the world’s most popular technology companies, the Justice Department is accusing TikTok of harnessing the capability to gather bulk information on users based on views on divisive social issues like gun control, abortion and religion.
AMAZON IS RESPONSIBLE FOR HAZARDOUS ITEMS SOLD BY THIRD-PARTY SELLERS, US AGENCY SAYS
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered this week.
ETSY PLANS TO TEST ITS FIRST-EVER LOYALTY PROGRAM AS IT AIMS TO BOOST SALES
Etsy said this week it will begin testing its firstever loyalty program in September, a move designed to boost the e-commerce site’s sluggish sales and draw in occasional shoppers.
Q&A: LINKEDIN IS BULLISH ON AI. WILL THAT HELP JOB SEEKERS?
Like many other technology companies, LinkedIn is all in on generative AI, the artificial intelligence systems that can create text, images and other media in response to queries.
VIDEO GAME ACTORS ARE NOW ON STRIKE.HERE'S WHY
Hollywood’s video game performers went on strike after negotiations with game industry giants that began more than a year and a half ago came to a halt over artificial intelligence protections.
BREAKTHROUGH IN TANDEM OLED TECHNOLOGY ENHANCES MICRO-OLED DISPLAYS FOR FUTURE VISION PRO 2
The recent development in display technology marks a significant step forward with the integration of tandem OLED technology into micro-OLED displays.
WHITE HOUSE SAYS NO NEED TO RESTRICT 'OPEN-SOURCE' ARTIFICIAL INTELLIGENCE - AT LEAST FOR NOW
The White House is coming out in favor of “opensource” artificial intelligence technology, arguing in a report this week that there’s no need right now for restrictions on companies making key components of their powerful AI systems widely available.
A MULTI-PLATFORM BEHEMOTH IN GLOBAL COMMUNICATION
TECHNOLOGY'S GRIP ON MODERN LIFE IS PUSHING US DOWN A DIMLY LIT PATH OF DIGITAL LAND MINES
“Move fast and break things,” a high-tech mantra popularized 20 years ago by Facebook founder Mark Zuckerberg, was supposed to be a rallying cry for game-changing innovation.
IN 'DEADPOOL & WOLVERINE,' THE SUPERHERO MOVIE FINALLY ACCEPTS ITSELF FOR WHAT IT IS
If one thing is certain about “Deadpool,” it’s that its titular hero, for reasons never explained, understands his place in the world — well, in our world.
SENATE TO CONSIDER BILLS THAT AIM TO PROTECT CHILDREN AND TEENAGERS ONLINE
The Senate will consider legislation this week that aims to protect children from dangerous online content, moving forward with what could become the first sweeping new regulation of the tech industry in decades.
CHINESE OFFICIALS WARN OF RISKS FROM HIGHER US TARIFFS, URGE US BUSINESS LEADERS TO HELP MEND TIES
Chinese officials warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country.
VISA'S FISCAL THIRD-QUARTER PROFITS RISE 9% AS PAYMENTS BECOME INCREASINGLY DIGITAL
Payment processing giant Visa Inc. said this week that its fiscal third-quarter profits rose 9% on an adjusted basis, as it benefits from consumers and businesses moving their payments from cash to credit and debit cards.
WARNER BROS.DISCOVERY TNT SPORTS INFORMS NBA IT WILL MATCH AMAZON PRIME VIDEO'S OFFER TO AIR GAMES
Turner Sports intends to continue its longtime relationship with the NBA.
NETFLIX'S SUBSCRIBER AND EARNINGS GROWTH GATHER MORE MOMENTUM AS PASSWORD-SHARING CRACKDOWN PAYS OFF
Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup.
TESLA'S 2Q PROFIT FALLS 45% TO $1.48 BILLION AS SALES DROP DESPITE PRICE CUTS AND LOW-INTEREST LOANS
Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.