Tag #Technology

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us.cnn.com

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May 1, 07:15

Tesla Board Explores CEO Replacement Amidst Plummeting Earnings and Musk's Government Role

In March, Tesla's board initiated a CEO search due to plummeting stock prices (down 45%), a 71% first-quarter earnings drop, and Elon Musk's significant time commitment to the White House's Department of Government Efficiency, prompting concerns about his leadership.

Tesla Board Explores CEO Replacement Amidst Plummeting Earnings and Musk's Government Role

In March, Tesla's board initiated a CEO search due to plummeting stock prices (down 45%), a 71% first-quarter earnings drop, and Elon Musk's significant time commitment to the White House's Department of Government Efficiency, prompting concerns about his leadership.

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Decent Work and Economic Growth

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How did Elon Musk's involvement with the Department of Government Efficiency and his other ventures contribute to the crisis at Tesla?

Tesla's financial struggles and Musk's government role created a crisis of confidence. The board's search for a new CEO reflects the gravity of the situation, highlighting the tension between Musk's various commitments and Tesla's performance. The subsequent drop in sales, attributed partly to negative publicity surrounding Musk's political stances, further exacerbated the pressure.

forbes.com

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May 1, 13:16

Microsoft Q3 2025 Results Exceed Expectations, Driven by Azure Growth

Microsoft reported \$70.1 billion in revenue and \$3.46 earnings per share for fiscal Q3 2025, exceeding expectations and driven by a 33% surge in Azure cloud services revenue; the company projects \$73.7 billion in Q4 revenue.

Microsoft Q3 2025 Results Exceed Expectations, Driven by Azure Growth

Microsoft reported \$70.1 billion in revenue and \$3.46 earnings per share for fiscal Q3 2025, exceeding expectations and driven by a 33% surge in Azure cloud services revenue; the company projects \$73.7 billion in Q4 revenue.

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How did Microsoft's different business segments contribute to its overall Q3 performance?

Microsoft's Q3 success reflects the company's strategic focus on cloud computing, specifically Azure. Increased sales of Microsoft 365 and LinkedIn also contributed to the overall growth. The positive Q4 outlook, exceeding consensus estimates, further reinforces the company's financial strength and market position.

bbs.chinadaily.com.cn

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May 1, 13:16

China Shares Lunar Samples, Highlighting Contrasting US-China Tech Strategies

China's recent decision to grant US universities access to lunar samples retrieved from the moon's far side reveals contrasting approaches to technological advancement between China and the US; China's centralized, collaborative approach contrasts with the US's more protectionist strategy, raising q...

China Shares Lunar Samples, Highlighting Contrasting US-China Tech Strategies

China's recent decision to grant US universities access to lunar samples retrieved from the moon's far side reveals contrasting approaches to technological advancement between China and the US; China's centralized, collaborative approach contrasts with the US's more protectionist strategy, raising q...

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Industry, Innovation, and Infrastructure

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What are the immediate implications of China sharing lunar samples with US universities, considering the existing US restrictions on scientific collaboration with China?

China's decision to share lunar samples with US universities, despite the Wolf Amendment, highlights contrasting approaches to technological advancement. The US prioritizes decentralized innovation within a protected market, while China employs a centralized, state-driven model that accelerates development even under sanctions. This exchange represents a significant shift, showcasing China's willingness to collaborate despite US restrictions.

dailymail.co.uk

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May 1, 04:13

UK Artists Oppose Labour's AI Copyright Plan

ABBA's Bjorn Ulvaeus leads UK artists in opposing a Labour Party proposal to allow AI firms to use their copyrighted work for training without compensation, a move experts warn would devastate Britain's £126 billion cultural sector.

UK Artists Oppose Labour's AI Copyright Plan

ABBA's Bjorn Ulvaeus leads UK artists in opposing a Labour Party proposal to allow AI firms to use their copyrighted work for training without compensation, a move experts warn would devastate Britain's £126 billion cultural sector.

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How does the proposed 'opt-out' system for AI training data conflict with existing copyright law and international precedents?

The proposed Labour plan directly contradicts existing copyright laws, which mandate compensation for artists when their work is used. Experts warn this exception would allow Silicon Valley companies to exploit the UK's creative output for free, undermining a sector that employs 2.4 million people and contributes significantly to the national economy. This contrasts sharply with the US, where a recent landmark case ruled that AI firms should pay for using copyrighted material.

theglobeandmail.com

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May 1, 01:16

Google Pays $22.2 Million to Canadian News Outlets Under Online News Act

Google paid $22.2 million to 108 Canadian news outlets as the initial installment of a $100 million annual payment under Canada's Online News Act, aiming to compensate news organizations for financial losses due to tech platforms; the largest recipients include Postmedia, Globe and Mail, and La Pres...

Google Pays $22.2 Million to Canadian News Outlets Under Online News Act

Google paid $22.2 million to 108 Canadian news outlets as the initial installment of a $100 million annual payment under Canada's Online News Act, aiming to compensate news organizations for financial losses due to tech platforms; the largest recipients include Postmedia, Globe and Mail, and La Pres...

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How does Google's $22.2 million payment to Canadian news outlets impact the financial stability of the Canadian news industry and set a precedent for global tech-media relations?

Google has disbursed $22.2 million to 108 Canadian news outlets as the first installment of a $100 million annual payment, part of a five-year deal to comply with Canada's Online News Act. The largest recipients include Postmedia, Globe and Mail, and La Presse, each receiving over $1 million. Further payments are expected.

edition.cnn.com

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May 1, 07:15

Apple Found in Contempt of Court Over App Store Antitrust Injunction

A US judge found Apple in contempt of court for violating an antitrust injunction related to its App Store payment system and referred the company to federal prosecutors for a criminal contempt investigation following a lawsuit by Epic Games.

Apple Found in Contempt of Court Over App Store Antitrust Injunction

A US judge found Apple in contempt of court for violating an antitrust injunction related to its App Store payment system and referred the company to federal prosecutors for a criminal contempt investigation following a lawsuit by Epic Games.

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Reduced Inequality

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What are the immediate consequences of Apple's violation of the court order regarding its App Store practices?

On Wednesday, a US judge ruled that Apple violated a court order to increase competition in its App Store, referring the company to federal prosecutors for a potential criminal contempt investigation. The judge stated Apple failed to comply with the injunction, imposed in an antitrust lawsuit, and that its actions will not be tolerated. Apple has been ordered to allow developers more freedom to direct users to alternative payment options.

bbc.com

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May 1, 16:13

M&S Cyberattack Causes Operational Disruptions

A major cyberattack on Marks & Spencer (M&S) caused significant operational disruptions, impacting internal systems and leading to manual operations and supply chain issues, highlighting the increasing vulnerability of businesses to ransomware attacks.

M&S Cyberattack Causes Operational Disruptions

A major cyberattack on Marks & Spencer (M&S) caused significant operational disruptions, impacting internal systems and leading to manual operations and supply chain issues, highlighting the increasing vulnerability of businesses to ransomware attacks.

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What is the immediate impact of the M&S cyberattack on its operations and supply chain?

Marks & Spencer (M&S) suffered a major cyberattack, causing significant operational disruptions. The attack impacted internal systems, leading to manual operations and supply chain issues, including food waste. Other retailers are enhancing cybersecurity measures in response.

bbc.com

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May 1, 07:15

Apple Found in Contempt of Court in Epic Games Case

A US District Judge found Apple in contempt of court for violating a 2021 injunction in the Epic Games case, which aimed to prevent anti-competitive practices within Apple's App Store; the judge is referring the matter for potential criminal contempt proceedings, and Apple stated they disagree and w...

Apple Found in Contempt of Court in Epic Games Case

A US District Judge found Apple in contempt of court for violating a 2021 injunction in the Epic Games case, which aimed to prevent anti-competitive practices within Apple's App Store; the judge is referring the matter for potential criminal contempt proceedings, and Apple stated they disagree and w...

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What are the immediate consequences of the court finding Apple in contempt of the Epic Games injunction?

A US District Judge found Apple wilfully violated a court injunction in the Epic Games case, leading to a referral for potential criminal contempt proceedings. The injunction, stemming from a 2021 ruling, prevented anti-competitive practices and mandated external payment options within the App Store. Apple stated they disagree and will appeal.

euronews.com

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May 1, 16:13

Visa Partners with AI Chatbot Developers for Automated Online Purchases

Visa announced a partnership with AI chatbot developers (Anthropic, Microsoft, OpenAI, Perplexity, Mistral, IBM, Stripe, Samsung) to integrate their systems with Visa's payment network for AI-powered personal budgeting and automated purchases, starting pilot projects Wednesday with broader access ex...

Visa Partners with AI Chatbot Developers for Automated Online Purchases

Visa announced a partnership with AI chatbot developers (Anthropic, Microsoft, OpenAI, Perplexity, Mistral, IBM, Stripe, Samsung) to integrate their systems with Visa's payment network for AI-powered personal budgeting and automated purchases, starting pilot projects Wednesday with broader access ex...

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How does Visa's initiative address current limitations of AI agents in e-commerce?

This initiative connects advancements in AI chatbots with established payment infrastructure, potentially transforming online shopping. The partnership addresses current AI limitations in handling payments, streamlining the purchasing process for users. Visa's involvement is crucial for securing transactions and managing disputes, building trust in AI-driven commerce.

dailymail.co.uk

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May 1, 04:13

ANZ Scraps Passwords for Enhanced Online Banking Security

ANZ, an Australian Big Four bank, will eliminate passwords for its one million ANZ Plus digital banking customers by mid-2025, replacing them with passkeys or mobile verification to enhance security against data breaches and malware like Infostealer, following the discovery of over 31,000 compromise...

ANZ Scraps Passwords for Enhanced Online Banking Security

ANZ, an Australian Big Four bank, will eliminate passwords for its one million ANZ Plus digital banking customers by mid-2025, replacing them with passkeys or mobile verification to enhance security against data breaches and malware like Infostealer, following the discovery of over 31,000 compromise...

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What is the immediate impact of ANZ's decision to eliminate passwords for its online banking customers?

ANZ, a major Australian bank, is eliminating passwords for its ANZ Plus digital banking platform, starting mid-2025 for one million customers. Customers will log in using passkeys (fingerprint, face, or mobile PIN) or a mobile phone number verification. This change aims to enhance security by mitigating risks from data breaches and phishing.

us.cnn.com

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May 1, 07:15

FDA to Phase Out Artificial Food Dyes in US Food Supply

The US Food and Drug Administration (FDA) plans to work with the food industry to phase out petroleum-based synthetic dyes, such as Red No. 40 and Yellow No. 5, due to health concerns and following state bans on artificial food dyes; the FDA will also fast-track the approval of four new natural colo...

FDA to Phase Out Artificial Food Dyes in US Food Supply

The US Food and Drug Administration (FDA) plans to work with the food industry to phase out petroleum-based synthetic dyes, such as Red No. 40 and Yellow No. 5, due to health concerns and following state bans on artificial food dyes; the FDA will also fast-track the approval of four new natural colo...

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What are the potential challenges for food manufacturers in switching to natural dyes?

This initiative reflects increasing consumer demand for natural ingredients and concerns over potential health risks associated with artificial dyes. State actions, like California and West Virginia's bans, have pressured the FDA to act, highlighting a broader trend toward stricter regulations on food additives. The FDA's approach involves voluntary substitution by food companies, emphasizing collaboration rather than strict mandates.

kathimerini.gr

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May 1, 01:17

NHS England to Offer Faster Injectable Cancer Immunotherapy to 15,000 Patients Annually

The NHS England will provide up to 15,000 cancer patients annually with injectable nivolumab, a faster, more efficient immunotherapy for 15 cancer types, saving significant treatment time and freeing up hospital resources, at no extra cost to the NHS.

NHS England to Offer Faster Injectable Cancer Immunotherapy to 15,000 Patients Annually

The NHS England will provide up to 15,000 cancer patients annually with injectable nivolumab, a faster, more efficient immunotherapy for 15 cancer types, saving significant treatment time and freeing up hospital resources, at no extra cost to the NHS.

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How will the NHS's adoption of injectable nivolumab impact cancer treatment capacity and patient care in England?

The National Health Service (NHS) in England announced that up to 15,000 cancer patients annually will receive nivolumab, an injectable immunotherapy, instead of the intravenous infusion, saving significant treatment time. This injectable form, approved by the Medicines and Healthcare products Regulatory Agency (MHRA), takes only 3-5 minutes and treats 15 cancer types, including lung, bowel, kidney, bladder, oesophagus, skin, and head and neck cancers. The change will free up hospital beds and allow teams to treat more patients.

Showing 2,581 to 2,592 of 12,400 results