December 14, 2023 The European Union recently enacted the EU AI Act, mandating that foundational AI models, including those by OpenAI, adhere to stringent transparency requirements before market introduction. OpenAI, categorized as high-risk under the EU's classification of more...
December 12, 2023 Broadcom revises VMware's licensing model, introducing significant subscription cost reductions and changes in response to earnings challenges. Broadcom, following its acquisition of VMware, has made a notable shift in VMware's licensing approach, including a substantial more...
December 12, 2023 Oracle experiences a downturn in share prices as revenue growth fails to meet market expectations, despite a notable rise in net income. Oracle Corporation's share prices have taken a hit after reporting lower-than-expected revenue growth, more...
December 11, 2023 BlackBerry Ltd. has recently made a pivotal change in its operational strategy, opting to retain its internet-of-things (IoT) division rather than proceeding with the previously intended spinoff. The company plans to reorganize, keeping the IoT more...
December 11, 2023 Microsoft has taken agreed to union contract terms concerning the use of artificial intelligence. This marks the first instance of collective bargaining in the company's U.S. history. The agreement, reached with the Communications Workers of more...
December 11, 2023 BlackBerry’s new leader is the former head of its cybersecurity business unit. The Waterloo, Ont., company said this morning that John Giamatteo is its new chief executive officer and a member of its board of more...
November 22, 2023 The long-anticipated merger between Broadcom and virtualization giant VMware has been approved by Chinese regulatory authorities, marking the end of a significant phase of uncertainty. This approval paves the way for the merger, valued at more...
November 22, 2023 Elon Musk's X has initiated legal action against the progressive watchdog group Media Matters, in response to an analysis that linked antisemitic and pro-Nazi content on X with advertisements from some of the world's largest more...
November 13, 2023 In a bold move to bolster its AI expertise, OpenAI is reportedly offering lucrative compensation packages, potentially worth $5 to $10 million, to attract top Google AI researchers, signaling a heated talent war in the more...
November 13, 2023 Supermarket chain, Booths is axing almost all of its self-scan machines in favor of human cashiers. The company, which operates 28 stores in northern England, says the decision is in response to customer feedback. Booths more...
