Apple disables AI notifications for news in its beta iPhone software
Apple has temporarily disabled Apple Intelligence summaries for news apps for users of its beta software in a sign of the challenges the company is dealing with in its AI…
Apple has worst day since August following reports of China, AI struggles
Apple stock closed down 4% on Thursday, its worst day since Aug. 5, following several reports of lackluster iPhone sales in China. The iPhone maker’s stock price is down nearly…
Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC’s non-public complaint…
Amazon lays off about 200 employees in its stores unit
Amazon is laying off roughly 200 employees in its North America stores division, the company confirmed. The core retail business, which Amazon also refers to as its stores division, encompasses…
Small-cap crypto rallies ahead of Trump inauguration, bitcoin trades near $100,000
Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration. XRP and litecoin were among the biggest movers, up 13% and…
Nintendo reveals long-awaited Switch 2 console set to launch this year
Nintendo on Thursday said its long-awaited new Switch 2 hybrid will be available this year, touting a bigger screen and controllers, as the company looks to breathe new life into…
Brooklyn trio raises $10 million for startup that wants to help open-source developers get paid
Inside the Domino Sugar Refinery in Brooklyn, a 19th century landmark perched on the banks of the East River, three engineers have transformed 3,000 square feet of the former factory…
TikTok CEO expected to attend Trump’s inauguration, NBC reports
TikTok CEO Shou Chew is expected to attend President Trump’s inauguration and will sit on the dais next to other tech CEOs including Elon Musk, Mark Zuckerberg and Jeff Bezos,…
Biden administration launches cybersecurity executive order
The Biden administration on Thursday announced an executive order on cybersecurity that imposes new standards for companies selling to the U.S. government and calls for greater disclosure from software providers.…
TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
Taiwan Semiconductor Manufacturing Company‘s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial intelligence applications continued to surge. Here are TSMC’s fourth-quarter results versus LSEG…