Sony’s Chief Financial Officer, Hiroki Totoki, recently announced that the company would not be making a fresh bid for the film and TV production group Paramount Global. He stated that acquiring Paramount does not align with Sony’s strategy, particularly because it may not fit well with their capital allocation structure. This decision comes after reports
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Delta Air Lines made a bold accusation against Microsoft and CrowdStrike, stating that the IT outage that resulted in the cancellation of thousands of flights was the fault of these technology companies. Delta’s CEO, Ed Bastian, claimed that the incident cost the airline approximately $500 million and argued that Microsoft and CrowdStrike should be held
The field of molecular dynamics simulations has long been plagued by the complexity of accurately modeling the interactions of electrons in molecules. However, recent advancements in machine learning algorithms have brought about a new era in the realm of computational chemistry. Researchers from the Berlin Institute for the Foundations of Learning and Data (BIFOLD) at
As the U.S. markets opened for trading on Monday, tech’s megacap companies experienced a staggering loss of about $1 trillion in market cap. The Nasdaq had already entered correction territory the week prior, but the situation worsened with Nvidia shedding more than $300 billion in market cap at the opening bell. Although the chipmaker managed
The field of flying robotics has long drawn inspiration from the wing dynamics of various flying animal species, such as birds, bats, and insects. While birds and bats primarily use their pectoral and wing muscles to flap their wings, the processes behind the wing movements of insects, particularly beetles, have remained a mystery. A recent
In today’s rapidly evolving business landscape, the integration of artificial intelligence (AI) has become crucial for organizations seeking to stay ahead of the curve. As business leaders, it can be overwhelming to navigate the complexities of AI and its potential impact on our business models, employee experience, and customer interactions. The introduction of generative AI
As e-commerce continues to grow globally, the number of parcels being delivered is also on the rise. With 161 billion parcels delivered worldwide in 2022, the environmental impact of these deliveries cannot be ignored. In Australia alone, 5.6 million households made a monthly online purchase in 2023, leading to a significant increase in parcel shipments.
Driving games have long been seen as a way to have fun and pass the time, but some people believe they can actually teach valuable lessons about driving in the real world. However, as someone who has never learned to drive, I can attest that this is not always the case. The misconception that playing
The recent lawsuits filed by the Recording Industry Association of America (RIAA) against AI music startups Suno and Udio have sparked a heated debate about competition within the music industry. Both companies have been accused of copyright infringement on a massive scale, with the RIAA seeking damages of up to $150,000 for every work infringed.
Meta saw a 6% increase in its shares following the announcement of its second-quarter earnings report, which surpassed Wall Street’s expectations. The company reported a revenue increase of 22%, reaching $39.07 billion from $32 billion in the previous year. Additionally, net income rose by an impressive 73% to $13.47 billion, resulting in earnings per share