July 31, 2023 Amazon's cloud division has drawn thousands of customers to try out its artificial intelligence (AI) service, Amazon Bedrock. The service lets businesses create applications with a range of AI models, including text generation, image generation, more...
July 31, 2023 Ebay has lowered its third-quarter profit forecast, sending its shares down 4.5% after the bell. The e-commerce platform said it expects profit to be between 96 cents and $1.01 per share, compared to analysts' estimates more...
July 31, 2023 Meta reported strong advertising revenue growth in the second quarter of 2023 as its revenue rose 11% to $32 billion, topping analysts' expectations. Ad revenue grew 12% in the quarter, faster than growth at Google. more...
July 31, 2023 Microsoft's quarterly earnings and revenue beat Wall Street estimates, thanks to robust growth in its cloud business and demand for generative AI capabilities. Revenue in the company's Intelligent Cloud segment, which includes the Azure cloud more...
July 26, 2023 Amazon is encountering employee pushback as it implements its "return-to-hub" policy, which requires staff to move to selected central hubs in big cities or face job termination. To increase in-person cooperation, the policy mandates teams more...
July 25, 2023 A Shopify employee broke their non-disclosure agreement (NDA) to reveal company actions on cost-cutting and AI-driven models on Twitter. The employee alleges that Shopify promised job security to staff in early 2022 but laid off more...
July 25, 2023 Reddit has booted the moderators of several large subreddits, including r/malefashionadvice, r/homeautomation, and r/ShittyLifeProTips. These subreddits are now controlled by a Reddit account called "modcodeofconduct." The protests were originally sparked by Reddit's decision to introduce more...
July 24, 2023 Reddit is trying to make amends with its moderators after a series of controversial decisions, but the mods are not buying it. In a post, Reddit's VP of Community announced that the company would be more...
July 24, 2023 Google's video streaming platform, YouTube, has hiked prices on its monthly and annual premium plans in the United States for the first time since the subscription service was launched in 2018. The YouTube Premium plan more...
July 21, 2023 Britain's Competition and Markets Authority (CMA) has provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware. The CMA said the deal would not weaken competition in the supply of critical computer server products more...
