Category: Technology

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May 16 2023

Google, Meta, Amazon hire low-paid foreign workers after US layoffs: report

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Some of the biggest companies in tech including Google, Meta, Amazon, Microsoft, and Salesforce have hired foreign workers just weeks after reducing headcount by thousands of employees, according to a...

May 16 2023

Technology

ChatGPT’s Sam Altman testifies as concerns grow about AI risks

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The head of the artificial intelligence company that makes ChatGPT told Congress on Tuesday that government intervention “will be critical to mitigate the risks of increasingly powerful” AI systems. “As...

May 15 2023

Technology

Elon Musk tells Tesla staff he must approve all hiring: report

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Tesla Chief Executive Elon Musk has said that the company can make no new hires unless he personally approves them, including contractors, the Information reported on Monday, citing an email to...

May 15 2023

Technology

Twitter CEO Linda Yaccarino shared ‘chemistry’ with Elon Musk

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Linda Yaccarino’s onstage appearance with Elon Musk at a recent marketing conference in Miami Beach amounted to a job interview that eventually netted her the role of Twitter’s new chief...

May 15 2023

Technology

TikTok parent allowed Chinese Communist Party ‘supreme access’ to US data: suit

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The Chinese Communist Party “maintained supreme access” to all data held by TikTok parent ByteDance, including information stored in the US, a former top executive at the company alleged in...

May 15 2023

Technology

OpenAI CEO Sam Altman raises nearly $100M, Sam Bankman-Fried among investors

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OpenAI CEO Sam Altman has nearly reached his goal of raising $100 million to fund his latest cryptocurrency project — and it’s all thanks to embattled crypto poster child Sam...

May 15 2023

Technology

EU approves Microsoft’s $69B acquisition of Activision Blizzard

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European Union regulators on Monday approved Microsoft’s $69 billion bid to acquire video gaming firm Activision Blizzard — giving the mega-deal a boost after it hit roadblocks in the US...

May 15 2023

Technology

Elon Musk loses bid to end SEC ‘muzzle’ over Tesla tweets

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A federal appeals court on Monday rejected Elon Musk’s bid to modify or end his 2018 securities fraud settlement with the Securities and Exchange Commission that required a Tesla lawyer to approve...

May 14 2023

Technology

Microsoft will not give employees salary raise this year: report

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Microsoft said Wednesday it will not raise salaries for full-time employees this year, citing tough economic conditions, but will continue with its bonuses, stock awards and promotions. The company, which...