Amazon has confirmed another round of job cuts, this time affecting roles within its cloud computing arm, Amazon Web Services (AWS). “In light of a careful evaluation of our organizational priorities and strategic focus areas, we’ve made the tough decision to eliminate certain roles across select AWS teams,” a company spokesperson said. “We recognize the […]
Elon Musk’s satellite internet venture, Starlink, experienced a major network disruption on Thursday that lasted around two and a half hours, affecting users globally. Outage tracking platform Downdetector recorded over 60,000 user reports at the height of the service interruption. Owned and operated by SpaceX—also headed by Musk—Starlink acknowledged the issue on social media. Musk […]
WASHINGTON — Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman have shared their views on President Donald Trump’s recent decision to raise the cost of hiring foreign talent under the H-1B visa program. Last week, Trump announced a dramatic fee increase — setting the new H-1B visa cost at $100,000. Under the updated rules, […]
Nvidia issued a strong warning on Thursday about the use of unauthorized AI chips in underground data centers, calling the practice both technically flawed and economically unsustainable. The statement followed a recent investigative report alleging that over $1 billion worth of Nvidia’s high-performance chips have been illicitly funneled into China. “Building data centers using smuggled […]
Federal Trade Commission (FTC) Commissioner Rebecca Slaughter voiced concern on Friday over the unresolved status of a complaint against Snap’s My AI chatbot, which the agency had referred to the Department of Justice (DOJ) earlier this year. In January, the FTC confirmed it would transfer a non-public complaint citing potential “risks and harms to minors” […]
CANNES — A decade ago, Vitalik Buterin and a handful of developers gathered in a chilly loft in Berlin, surrounded by bare bulbs, battered chairs, and scattered laptops. They weren’t executives or backed by billion-dollar funds — just passionate visionaries chasing a bold idea late into the night. From this modest workspace, Ethereum’s first version, […]
Eric Trump on Friday voiced strong confidence that Bitcoin will eventually reach a $1 million valuation, speaking at the Bitcoin Asia 2025 conference in Hong Kong — the first stop in a series of Asian crypto events featuring the Trump family. Sharing insights on his deep involvement in digital assets, Eric Trump said, “I truly […]
Intel delivered better-than-expected revenue results in the second quarter, but its stock dipped 5% in after-hours trading as CEO Lip-Bu Tan revealed deep cuts to the company’s chip manufacturing investments. The semiconductor giant reported $12.86 billion in revenue, surpassing the forecast of $11.92 billion. Adjusted earnings showed a loss of 10 cents per share. For […]
Amazon has terminated a Palestinian software engineer who was suspended last month after voicing opposition to the company’s work with the Israeli government. Ahmed Shahrour, who worked in Amazon’s Whole Foods division in Seattle, received notice of his dismissal on Monday. His suspension in September was linked to messages he posted on the company’s internal […]
Elon Musk has warned of taking immediate legal steps against Apple, accusing the tech giant of antitrust violations in how it ranks AI chatbot apps on its App Store. Musk claims Apple’s practices make it “impossible” for any AI company other than OpenAI to secure the top position. He criticized Apple for excluding his social […]