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
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
In today’s fast-paced business world, where remote work has become the norm rather than the exception, companies are constantly seeking ways to enhance collaboration and productivity. Zoom, a well-known video calling app, is stepping up its game by introducing a new document tool that integrates generative AI to streamline the process of creating and editing
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.
Open AI’s data collection policies have raised concerns among users regarding the sharing of personal information. While the firm claims that the data is used to train the AI model and improve responses, the terms also allow for sharing with affiliates, vendors, service providers, and even law enforcement. This lack of transparency creates uncertainty about
The tech industry is abuzz with the news that Meta is introducing AI Studio, a tool that allows users to create AI versions of themselves on Instagram and the web. This tool is being marketed as a way for creators and business owners to interact with their followers through AI profiles. While this may sound
Artificial intelligence startup Galileo recently published a benchmark report that highlighted the rapid advancements of open-source language models compared to their proprietary counterparts. This shift in performance could potentially democratize AI capabilities and drive innovation across various industries. Anthropic’s Claude 3.5 Sonnet emerged as the top-performing model in Galileo’s index, surpassing offerings from established players
How many times have you found yourself in the familiar position of settling onto the couch after a long day, ready to relax and watch something entertaining, only to get lost in the endless scroll of streaming platforms? The struggle to find the perfect show or movie to watch is a common annoyance in the
In a recent report by Canalys, it was revealed that Apple has been edged out of the top five smartphone vendors’ list in China in the second quarter. This decline in market share can be largely attributed to the increasing competition from local brands such as Huawei. Apple’s market share in China dropped to 14%