Online spending is expected to surge to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event, according to an Adobe Analytics forecast.
Read More Amazon Prime Day set to lift US online sales to $23.8 billion, Adobe estimates
Category: Tech
Nvidia set to become world’s most valuable company in history
Nvidia hit a market value of $3.92 trillion, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI.
Read More Nvidia set to become world’s most valuable company in history
Microsoft to cut about 4% of jobs amid hefty AI bets
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI bets
Dubai aims to beat the traffic with 2026 Joby air taxi liftoff
Joby Aviation conducted the first test flight of its fully-electric air taxi, a major milestone in an effort to integrate airborne transport into existing mobility networks as early as next year.
Read More Dubai aims to beat the traffic with 2026 Joby air taxi liftoff
Meta, TikTok can be sued by mother of NYC teen killed while ‘subway surfing’
Meta and TikTok owner ByteDance must face a wrongful death lawsuit by the mother of a 15-year-old Manhattan boy who died while “subway surfing” on a moving train.
Read More Meta, TikTok can be sued by mother of NYC teen killed while ‘subway surfing’
Microsoft sued by authors over use of books in AI training
Microsoft has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model.
Read More Microsoft sued by authors over use of books in AI training