Category: Technology

New York City Mayor Eric Adams said his administration filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat and YouTube.

Meta said Wednesday that Broadcom CEO president Hock Tan and former Enron executive John Arnold are joining the company’s board of directors.

The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales

Reuters exclusively reported that Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence (AI) processors.  The post Nvidia pursues $30 billion custom chip opportunity with new unit appeared first on Reuters News Agency.

The sales come a few days after he disclosed a separate sale of Amazon stock worth more than $2 billion.

In its first recall, Waymo said it updated its software to better predict a towed vehicle’s motion.

Nvidia surpassed Amazon in market capitalization on Tuesday.

Lyft reported better-than-expected earnings on Tuesday and issued uplifting guidance.

Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, alongside reporting fourth-quarter earnings.

Reuters was first to report that Chinese internet giant Alibaba Group (9988.HK),  is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart.  The post Alibaba considers sale of consumer assets including Freshippo, RT-Mart appeared first on Reuters News Agency.