US regulators want to force Google to sell its Chrome browser as part of the penalty for monopolizing search
US regulators want to force Google to sell its Chrome browser as part of the penalty for monopolizing search Source link
Class action lawsuit on AI-related discrimination reaches final settlement
Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had denied her tenancy. That third-party service included an algorithm designed to score rental applicants, which became the subject of a class action lawsuit,…
Nvidia expects to sell more Blackwell chips than previously anticipated
After a quarter where Nvidia’s sales nearly doubled, investors and analysts are wondering how long the chipmaker can keep this kind of growth going now that it has a $140 billion annual revenue run rate. Those hopes fall on Blackwell, which is Nvidia’s name for a family of server products based around its next-generation AI…
Feds charge 5 hackers tied to notorious Scattered Spider group — here’s how they stole from big companies
US prosecutors unveiled criminal charges on Wednesday against five alleged members of Scattered Spider, a loose-knit community of hackers suspected of breaking into dozens of US companies to steal confidential information and cryptocurrency. Martin Estrada, the US Attorney in Los Angeles, said the defendants conducted phishing attacks by sending bogus but real-looking mass text messages to employees’ mobile…
Nvidia is Wall Street’s most valuable company. How it got there, by the numbers
Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue nearly doubled in the latest quarter from the same period a year earlier, Nvidia reported Wednesday. The company expects further revenue growth in the…
Reddit is down for many users, according to DownDetector. Here’s what to know.
Reddit users are complaining about problems connecting to the online forum, with thousands of people telling DownDetector on Wednesday that the service is down. In a service post, Reddit said it’s aware of a “degraded service” for users of its website and app, and added that it’s investigating the issue. Reddit users began reporting problems…
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
LOS ANGELES — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. For the three months that ended Oct. 27, the tech giant based in Santa Clara, California, posted revenue of $35.08 billion, up 94% from $18.12 billion a…
‘Age of AI is in full steam’
Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara, California-based company fell roughly 2% in extended trading. They had closed down 0.8% on Wednesday. The company forecast revenue of $37.5 billion, plus…
Snowflake shares pop 14% on earnings and revenue beat
The New York Stock Exchange welcomes Snowflake to usher in the first day of winter on Dec. 21, 2021. To honor the occasion, Snowflake the Bear, joined by Chris Taylor, vice president of NYSE Listings and Services, rings the opening bell. NYSE Snowflake shares spiked 14% in extended trading on Wednesday, after the cloud analytics…
Tracking your health with a device? Here’s where the data could go
Every day millions of people share more intimate information with their accessories than they do with their spouse. Wearable technology — smartwatches, smart rings, fitness trackers and the like — monitors body-centric data such as your heart rate, steps taken and calories burned, and may record where you go along the way. Like Santa Claus,…
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