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
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Waymo, the autonomous vehicle company, is making strides in expanding its service areas in both San Francisco and Los Angeles. In San Francisco, Waymo has extended its service area south of the city into the San Francisco Peninsula, now covering Daly City, Broadmoor, and Colma. This expansion adds an additional 10 square miles, bringing the
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
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
The deadline set by France to phase out new combustion engine cars by 2035 has sent ripples of uncertainty through the auto industry. While some regions, like the emerging “Battery Valley” in the north, are optimistic about the shift to electric vehicles, workers in other parts of the country are not as hopeful. With the
The recent setback in the delivery of hydrogen-powered trucks to New Zealand, coupled with the removal of a NZ$100 million government rebate scheme for green hydrogen users, has raised concerns about the viability of transitioning to green hydrogen technology in the country. While the government has invested significantly in promoting green hydrogen, critical voices highlighting
The U.S. Department of Justice is currently investigating complaints made against Nvidia for allegedly abusing its market dominance in artificial intelligence chips. According to a report by The Information, the DOJ has been in contact with Nvidia’s competitors, including AMD, to gather information regarding the complaints. The investigation is focused on whether Nvidia is charging
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
E.l.f. has taken a bold step in becoming the first official beauty partner of Hot Girl Walk, a fitness organization aimed at empowering women through movement. In a strategic move to align with this partnership, the cosmetic company released a two-minute video that parodied televised sports competitions, featuring Olympian Gabby Douglas and actor Patrick Warburton
Apple recently unveiled that the artificial intelligence models powering Apple Intelligence were pretrained on Google’s Tensor Processing Unit (TPU) instead of the widely used Nvidia GPUs. This move indicates a shifting trend among major tech companies towards exploring different options for cutting-edge AI training. Apple’s Choice of Google’s TPUs In a technical paper released by