The week has been challenging for software and enterprise technology companies, with Salesforce being hit hard by shrinking deals and delayed revenue. The company’s CEO, Marc Benioff, mentioned on the earnings call that the rapid growth experienced during the Covid age has now resulted in customers having to integrate new technology and rationalize their processes.
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Arkane Austin’s Redfall, a vampire shooter game, has recently received its final update amidst the news of the developers being let go by parent company Microsoft. This final update, known as Redfall game update 4, brings about several new features and improvements to the game, including an offline mode, single-player pausing, and additional in-game progression
Recently, reports have surfaced indicating that TikTok is working on developing a recommendation algorithm that would operate independently from its Chinese counterpart, Douyin. The purpose of this project is to demonstrate to US lawmakers that TikTok’s business operations are separate from its parent company ByteDance, which is based in Beijing. According to sources familiar with
The Australian government is currently looking into the claims made by a hacking group known as ShinyHunters regarding the theft of personal details of 560 million Ticketmaster customers. The stolen information allegedly includes names, addresses, phone numbers, and partial credit card details, which were being sold for $500,000 in a one-time sale. The government has
Jan Leike, a prominent safety researcher at OpenAI, recently made the decision to resign from the company. Following his departure from OpenAI, Leike announced that he has joined rival AI startup Anthropic. This move comes after the dissolution of the superalignment group at OpenAI, which Leike co-led. The superalignment group was established in 2023 with
The AI industry is rapidly evolving, with new startups like xAI entering the scene and attracting significant funding. Founded by Elon Musk, xAI recently announced raising $6 billion in funding to bring its products to market and accelerate research and development in future technologies. xAI has already launched Grok, a chatbot available exclusively to X
In a groundbreaking announcement, Elon Musk’s xAI startup has secured a staggering $6 billion in a series B round of funding. The funding round involved multiple prominent venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal, and Kingdom Holding.
Nvidia, once known as a niche developer of 3D gaming hardware, has now emerged as a key player in the tech industry. The company’s fiscal first-quarter earnings report is highly anticipated, with Wall Street expecting strong results in terms of both earnings per share and revenue. Over the past year, Nvidia’s revenue has seen a
MultiVersus, the licensed Kitchen Sink fighting game, is set to make a comeback next week after being on hiatus for almost a year. The game developers made the controversial decision to remove the game from sale and shut down its servers following the beta period. This move left players who had invested real money in
The Trump Media and Technology Group (TMTG), the owner of Truth Social, experienced a significant setback in the first quarter of 2024. The company revealed a staggering loss of over $300 million during this period, marking a stark difference from the modest net losses reported in the previous year. With only $770,500 in sales generated,